Libya: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2025

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Libya

The Libyan market for rigid tubes, pipes and hoses, of other polymers shrank remarkably to $X in 2022, reducing by -19.2% 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, however, continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Libya

After four years of decline, shipments abroad of rigid tubes, pipes and hoses, of other polymers increased by 29% to X kg in 2022. Overall, exports, however, faced a dramatic slump. The most prominent rate of growth was recorded in 2016 when exports increased by 85% against the previous year. The exports peaked at X kg in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers expanded significantly to $X in 2022. In general, exports, however, continue to indicate a precipitous decline. The pace of growth was the most pronounced in 2016 when exports increased by 109%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Turkey stood at -30.7%.

In value terms, Turkey ($X) also remains the key foreign market for rigid tubes, pipes and hoses, of other polymers exports from Libya.

From 2012 to 2022, the average annual growth rate of value to Turkey stood at -22.0%.

Export Prices by Country

In 2022, the average export price for rigid tubes, pipes and hoses, of other polymers amounted to $X per ton, which is down by -13.7% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2020 an increase of 38%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2021, and then dropped in the following year.

As there is only one major export destination, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +12.5% per year.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Libya

Imports of rigid tubes, pipes and hoses, of other polymers into Libya shrank dramatically to X tons in 2022, reducing by -19.2% against 2021 figures. In general, imports continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2013 with an increase of 241% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers contracted remarkably to $X in 2022. Over the period under review, imports, however, posted slight growth. The growth pace was the most rapid in 2013 with an increase of 151%. As a result, imports reached the peak of $X. From 2014 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to Libya, with a 57% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Turkey exceeded the figures recorded by the second-largest supplier, India (X tons), fourfold. The third position in this ranking was held by Saudi Arabia (X tons), with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume from Turkey amounted to +7.0%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+25.0% per year) and Saudi Arabia (-9.1% per year).

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Libya were Egypt ($X), Turkey ($X) and India ($X), with a combined 81% share of total imports.

India, with a CAGR of +17.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, almost unchanged from the previous year. In general, the import price showed a moderate expansion. The most prominent rate of growth was recorded in 2020 an increase of 110% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Egypt ($X per ton), while the price for Saudi Arabia ($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 (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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