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Libya - Steatite - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Steatite Market 2021

Steatite Market Size in Libya

The Libyan steatite market skyrocketed to $X in 2019, rising 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). Overall, consumption saw significant growth. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. Steatite consumption peaked in 2019 and is likely to see steady growth in the immediate term.

Steatite Exports

Exports from Libya

In 2019, after two years of decline, there was decline in shipments abroad of steatites, when their volume decreased by X% to X kg. Over the period under review, exports recorded a relatively flat trend pattern. Exports peaked at X kg in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

In value terms, steatite exports totaled $X in 2019. In general, exports continue to indicate a relatively flat trend pattern. Exports peaked at $X in 2016; however, from 2017 to 2019, exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for steatite exports from Libya, with a approx. X% share of total exports.

From 2007 to 2016, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2007 to 2016, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2016, the average steatite export price amounted to $X per ton, remaining stable against the previous year. In general, the export price showed a relatively flat trend pattern. Over the period under review, average export prices hit record highs in 2016 and is expected to retain growth in the near future.

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

From 2007 to 2016, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Steatite Imports

Imports into Libya

In 2019, imports of steatites into Libya skyrocketed to X tons, with an increase of X% on the year before. In general, imports posted significant growth. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. Imports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, steatite imports soared to $X in 2019. Overall, imports enjoyed a significant expansion. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. Imports peaked in 2019 and are expected to retain growth in years to come.

Imports by Country

In 2019, Egypt (X tons) constituted the largest supplier of steatite to Libya, with a X% share of total imports. Moreover, steatite imports from Egypt exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X tons), sixfold.

From 2007 to 2019, the average annual growth rate of volume from Egypt totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Tunisia (+X% per year).

In value terms, Egypt ($X) constituted the largest supplier of steatite to Libya, comprising X% of total imports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from Egypt stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and Tunisia (+X% per year).

Import Prices by Country

The average steatite import price stood at $X per ton in 2019, waning by -X% against the previous year. Overall, the import price continues to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton, and then dropped significantly in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2019, the country with the highest price was the United Arab Emirates ($X per ton), while the price for Egypt ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Egypt, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for steatites in the world?

The countries with the highest volumes of steatite consumption in 2019 were China, Germany and Japan, together comprising 32% of global consumption.

What are the largest producers of steatites in the world?

The countries with the highest volumes of steatite production in 2019 were China, Afghanistan and Finland, with a combined 65% share of global production.

What are the leading suppliers of steatites to Libya?

In value terms, Egypt constituted the largest supplier of steatite to Libya, comprising 72% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 18% share of total imports.

What is the average export price for steatites in Libya?

In 2016, the average steatite export price amounted to $522 per ton, almost unchanged from the previous year.

What is the average import price for steatites in Libya?

In 2019, the average steatite import price amounted to $324 per ton, shrinking by -61.4% against the previous year.

This report provides an in-depth analysis of the steatite 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 2025.

Product coverage:

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