Libya: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Libya

The Libyan plastic pipe and hose market contracted markedly to $X in 2022, which is down by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption continues to indicate a pronounced slump. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Libya

In 2022, plastic pipe and hose exports from Libya expanded markedly to X tons, with an increase of X% compared with 2021. Overall, exports, however, recorded a deep downturn. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic pipe and hose exports dropped to $X in 2022. Over the period under review, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Tunisia (X tons) was the main destination for plastic pipe and hose exports from Libya, accounting for a X% share of total exports. Moreover, plastic pipe and hose exports to Tunisia exceeded the volume sent to the second major destination, Malta (X tons), threefold. The third position in this ranking was taken by Ireland (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Tunisia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (X% per year) and Ireland (X% per year).

In value terms, Tunisia ($X) emerged as the key foreign market for plastics tubes, pipes and hoses, and fitting exports from Libya, comprising X% of total exports. The second position in the ranking was taken by Malta ($X), with a X% share of total exports. It was followed by Georgia, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Tunisia stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (X% per year) and Georgia (X% per year).

Export Prices by Country

In 2022, the average plastic pipe and hose export price amounted to $X per ton, reducing by X% against the previous year. In general, the export price, however, posted mild growth. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Georgia ($X per ton), while the average price for exports to Ireland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tunisia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Libya

In 2022, the amount of plastics tubes, pipes and hoses, and fitting imported into Libya fell rapidly to X tons, which is down by X% on the year before. In general, imports saw a noticeable downturn. The most prominent rate of growth was recorded in 2019 with an increase of X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, plastic pipe and hose imports shrank significantly to $X in 2022. Overall, imports continue to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X tons) constituted the largest plastic pipe and hose supplier to Libya, accounting for a X% share of total imports. Moreover, plastic pipe and hose imports from Turkey exceeded the figures recorded by the second-largest supplier, Egypt (X tons), threefold. The third position in this ranking was taken by China (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (X% per year) and China (X% per year).

In value terms, the largest plastic pipe and hose suppliers to Libya were Turkey ($X), Egypt ($X) and China ($X), together accounting for X% of total imports.

In terms of the main suppliers, Egypt, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average plastic pipe and hose import price amounted to $X per ton, almost unchanged from the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X%. The import price peaked at $X per ton in 2021, and then contracted slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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