Report Update Nov 1, 2024

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

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Libya: Sulphur Market 2024

Sulphur Market Size in Libya

In 2022, after three years of growth, there was decline in the Libyan sulphur market, when its value decreased by -2.8% to $X. Overall, consumption showed a buoyant increase. Sulphur consumption peaked at $X in 2021, and then contracted slightly in the following year.

Sulphur Production in Libya

In value terms, sulphur production contracted sharply to $X in 2022 estimated in export price. In general, production enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 2,078% against the previous year. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Sulphur Exports

Exports from Libya

Sulphur exports from Libya shrank remarkably to X tons in 2022, declining by -15.7% against the previous year. Over the period under review, exports recorded a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, sulphur exports contracted remarkably to $X in 2022. In general, exports showed a deep reduction. The growth pace was the most rapid in 2021 when exports increased by 96% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Tunisia (X tons), Egypt (X tons) and India (X tons) were the main destinations of sulphur exports from Libya, together comprising 76% of total exports.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +3.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for sulphur exported from Libya were Egypt ($X), Tunisia ($X) and India ($X), together comprising 89% of total exports.

In terms of the main countries of destination, Tunisia, with a CAGR of +3.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average sulphur export price stood at $X per ton in 2022, dropping by -10.5% against the previous year. Over the period under review, the export price recorded a pronounced descent. The pace of growth appeared the most rapid in 2021 when the average export price increased by 35% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($X per ton), while the average price for exports to Turkey ($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 Morocco (+3.2%), while the prices for the other major destinations experienced mixed trend patterns.

Sulphur Imports

Imports into Libya

In 2022, after two years of growth, there was significant decline in supplies from abroad of sulphur, when their volume decreased by -43.3% to X tons. Overall, imports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 648% against the previous year. As a result, imports reached the peak of X tons, and then dropped rapidly in the following year.

In value terms, sulphur imports reduced markedly to $X in 2022. Over the period under review, imports, however, continue to indicate a temperate increase. The growth pace was the most rapid in 2021 with an increase of 1,083%. As a result, imports reached the peak of $X, and then fell rapidly in the following year.

Imports by Country

In 2022, Egypt (X tons) was the main supplier of sulphur to Libya, with a approx. 100% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Egypt totaled +7.1%.

In value terms, Egypt ($X) constituted the largest supplier of sulphur to Libya.

From 2012 to 2022, the average annual growth rate of value from Egypt amounted to +4.8%.

Import Prices by Country

The average sulphur import price stood at $X per ton in 2022, which is down by -4.3% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 75%. Over the period under review, average import prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -2.2% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for sulphur in the world?

The country with the largest volume of sulphur consumption was China, accounting for 35% of total volume. Moreover, sulphur consumption in China exceeded the figures recorded by the second-largest consumer, the United States, fourfold. Morocco ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of sulphur in the world?

The country with the largest volume of sulphur production was China, comprising approx. 18% of total volume. Moreover, sulphur production in China exceeded the figures recorded by the second-largest producer, the United States, twofold. Russia ranked third in terms of total production with a 7.4% share.

What are the leading suppliers of sulphur to Libya?

In value terms, Egypt constituted the largest supplier of sulphur to Libya.

What are the leading importers of sulphur from Libya?

In value terms, Morocco remains the key foreign market for sulphur exports from Libya, comprising 71% of total exports. The second position in the ranking was occupied by India, with a 12% share of total exports. It was followed by Senegal, with a 5.7% share.

What is the average export price for sulphur in Libya?

In 2021, the average sulphur export price amounted to $163 per ton, with an increase of 35% against the previous year.

What is the average import price for sulphur in Libya?

The average sulphur import price stood at $173 per ton in 2021, growing by 9.8% against the previous year.

This report provides an in-depth analysis of the sulphur 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:

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