Libya: Market for Non-Soap Washing and Cleaning Preparations 2024

Market Size for Non-Soap Washing and Cleaning Preparations in Libya

The Libyan market for non-soap washing and cleaning preparations was estimated at $X in 2022, increasing by 3.6% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -3.0% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Production of Non-Soap Washing and Cleaning Preparations in Libya

In value terms, non-soap washing and cleaning preparations production soared to $X in 2022 estimated in export price. In general, production recorded a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 51%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth remained at a lower figure.

Exports of Non-Soap Washing and Cleaning Preparations

Exports from Libya

In 2022, shipments abroad of non-soap washing and cleaning preparations decreased by -29.3% to X tons for the first time since 2016, thus ending a five-year rising trend. Over the period under review, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 166%. Over the period under review, the exports hit record highs at X tons in 2021, and then fell significantly in the following year.

In value terms, non-soap washing and cleaning preparations exports fell remarkably to $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 121% against the previous year. As a result, the exports attained the peak of $X, and then fell significantly in the following year.

Exports by Country

Turkey (X tons) was the main destination for non-soap washing and cleaning preparations exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Turkey stood at +10.3%.

In value terms, Turkey ($X) emerged as the key foreign market for non-soap washing and cleaning preparations exports from Libya.

From 2012 to 2022, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

The average export price for non-soap washing and cleaning preparations stood at $X per ton in 2022, growing by 2.2% against the previous year. Over the period under review, the export price, however, saw a deep setback. The pace of growth appeared the most rapid in 2021 an increase of 47%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 -9.0% per year.

Imports of Non-Soap Washing and Cleaning Preparations

Imports into Libya

In 2022, the amount of non-soap washing and cleaning preparations imported into Libya contracted sharply to X tons, waning by -17.7% on 2021. In general, imports showed a perceptible descent. The most prominent rate of growth was recorded in 2018 with an increase of 75%. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, non-soap washing and cleaning preparations imports fell to $X in 2022. Over the period under review, imports, however, recorded a notable expansion. The pace of growth was the most pronounced in 2018 when imports increased by 73%. Imports peaked at $X in 2021, and then reduced in the following year.

Imports by Country

Egypt (X tons), Turkey (X tons) and Tunisia (X tons) were the main suppliers of non-soap washing and cleaning preparations imports to Libya, together comprising 67% of total imports. Jordan, Spain, China, the United Arab Emirates, Italy and Indonesia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +9.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-soap washing and cleaning preparations suppliers to Libya were Egypt ($X), Turkey ($X) and Jordan ($X), together accounting for 55% of total imports.

Among the main suppliers, Jordan, with a CAGR of +20.5%, saw the highest rates of growth with regard to the value of imports, 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 non-soap washing and cleaning preparations stood at $X per ton in 2022, surging by 8% against the previous year. Over the period under review, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-soap washing and cleaning preparations import price increased by +50.9% against 2018 indices. The pace of growth was the most pronounced in 2020 an increase of 37% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Jordan ($X per ton), while the price for Indonesia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Jordan (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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