Report Update Nov 1, 2024

Libya - Statuettes and Other Ornamental Articles of Plastic - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Market Size in Libya

The Libyan plastic ornamental articles market shrank to $X in 2022, falling by -9.4% 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 recorded a abrupt shrinkage. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Plastic Ornamental Articles Exports

Exports from Libya

In 2021, approx. X kg of statuettes and other ornamental articles of plastic were exported from Libya; remaining stable against 2020. In general, exports enjoyed a prominent expansion. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, plastic ornamental articles exports amounted to $X in 2021. Over the period under review, exports showed prominent growth. The smallest decline of 99.9% was in 2020. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

The United Arab Emirates (X kg) was the main destination for plastic ornamental articles exports from Libya, accounting for a approx. 100% share of total exports.

From 2015 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2015 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average plastic ornamental articles export price stood at $X per ton in 2021, flattening at the previous year. Overall, the export price saw a perceptible increase. The most prominent rate of growth was recorded in 2020 a decrease of 99.9%. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

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

From 2015 to 2021, the rate of growth in terms of prices for the United Arab Emirates amounted to 0.0% per year.

Plastic Ornamental Articles Imports

Imports into Libya

In 2022, the amount of statuettes and other ornamental articles of plastic imported into Libya declined to X tons, with a decrease of -7.2% compared with the previous year. In general, imports saw a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of 95%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, plastic ornamental articles imports dropped to $X in 2022. Overall, imports faced a abrupt downturn. The growth pace was the most rapid in 2019 when imports increased by 124% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest plastic ornamental articles supplier to Libya, with a 89% share of total imports. Moreover, plastic ornamental articles imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at -15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+12.2% per year) and Egypt (+1.0% per year).

In value terms, China ($X) constituted the largest supplier of statuettes and other ornamental articles of plastic to Libya, comprising 89% of total imports. The second position in the ranking was held by Turkey ($X), with a 3.6% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China totaled -12.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.7% per year) and Egypt (+24.7% per year).

Import Prices by Country

The average plastic ornamental articles import price stood at $X per ton in 2022, waning by -3.6% against the previous year. Overall, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic ornamental articles import price increased by +53.1% against 2018 indices. The most prominent rate of growth was recorded in 2015 an increase of 49% against the previous year. The import price peaked at $X per ton in 2021, and then contracted modestly 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 Egypt ($X per ton), while the price for Turkey ($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 (+23.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for statuettes and other ornamental articles of plastic in the world?

The countries with the highest volumes of in 2021 were the United States, China and India, together comprising 57% of global consumption.

What are the largest producers of statuettes and other ornamental articles of plastic in the world?

The country with the largest volume of plastic ornamental articles production was China, accounting for 82% of total volume. Moreover, plastic ornamental articles production in China exceeded the figures recorded by the second-largest producer, India, more than tenfold. Indonesia ranked third in terms of total production with a 2.3% share.

What are the leading suppliers of statuettes and other ornamental articles of plastic to Libya?

In value terms, China constituted the largest supplier of plastic ornamental articles to Libya, comprising 96% of total imports. The second position in the ranking was occupied by Egypt $993), with a 0.7% share of total imports.

What is the average export price for statuettes and other ornamental articles of plastic in Libya?

In 2019, the average plastic ornamental articles export price amounted to $8,920 per ton, standing approx. at the previous year.

What is the average import price for statuettes and other ornamental articles of plastic in Libya?

The average plastic ornamental articles import price stood at $3,709 per ton in 2021, which is down by -2.5% against the previous year.

This report provides an in-depth analysis of the plastic ornamental articles market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 22292620 - Statuettes and other ornamental articles of plastic (including photograph, picture and similar frames)

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023