Libya: Market for Non-Mineral or Non-Aerated Waters 2024

Market Size for Non-Mineral or Non-Aerated Waters in Libya

In 2021, the Libyan non-mineral or non-aerated water market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption recorded a tangible increase. Non-mineral or non-aerated water consumption peaked at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Production of Non-Mineral or Non-Aerated Waters in Libya

In value terms, non-mineral or non-aerated water production expanded sharply to $X in 2021 estimated in export price. In general, production recorded a buoyant increase. The pace of growth was the most pronounced in 2016 when the production volume increased by 85% against the previous year. Over the period under review, production reached the peak level at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Exports of Non-Mineral or Non-Aerated Waters

Exports from Libya

In 2018, the amount of non-mineral or non-aerated waters exported from Libya declined remarkably to X litres, waning by -78.2% compared with the previous year's figure. In general, exports recorded a precipitous contraction. Over the period under review, the exports attained the maximum at X litres in 2014; however, from 2015 to 2018, the exports stood at a somewhat lower figure.

In value terms, non-mineral or non-aerated water exports contracted significantly to $X in 2018. Over the period under review, exports saw a abrupt contraction. The exports peaked at $X in 2017, and then contracted markedly in the following year.

Exports by Country

Austria (X litres) was the main destination for non-mineral or non-aerated water exports from Libya, accounting for a approx. 100% share of total exports.

From 2014 to 2018, the average annual rate of growth in terms of volume to Austria was relatively modest.

In value terms, Austria ($X) emerged as the key foreign market for non-mineral or non-aerated waters exports from Libya.

From 2014 to 2018, the average annual growth rate of value to Austria was relatively modest.

Export Prices by Country

The average non-mineral or non-aerated water export price stood at $X per litre in 2018, rising by 51% against the previous year. Over the period under review, the export price showed a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2014 to 2018, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Imports of Non-Mineral or Non-Aerated Waters

Imports into Libya

In 2021, after two years of growth, there was significant decline in purchases abroad of non-mineral or non-aerated waters, when their volume decreased by -67.7% to X litres. Over the period under review, imports saw a sharp setback. The most prominent rate of growth was recorded in 2019 with an increase of 525%. Over the period under review, imports attained the peak figure at X litres in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, non-mineral or non-aerated water imports shrank significantly to $X in 2021. In general, imports recorded a precipitous descent. The pace of growth was the most pronounced in 2019 when imports increased by 243%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X litres) constituted the largest non-mineral or non-aerated water supplier to Libya, accounting for a 78% share of total imports. Moreover, non-mineral or non-aerated water imports from Turkey exceeded the figures recorded by the second-largest supplier, Italy (X litres), eightfold. Ukraine (X litres) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Turkey stood at -24.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-18.0% per year) and Ukraine (-11.3% per year).

In value terms, Turkey ($X) constituted the largest supplier of non-mineral or non-aerated waters to Libya, comprising 50% of total imports. The second position in the ranking was taken by France ($X), with a 13% share of total imports. It was followed by Italy, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Turkey amounted to -25.5%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-4.0% per year) and Italy (-19.0% per year).

Import Prices by Country

The average non-mineral or non-aerated water import price stood at $X per litre in 2021, growing by 59% against the previous year. Overall, import price indicated perceptible growth from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-mineral or non-aerated water import price increased by +81.5% against 2019 indices. The import price peaked at $X per litre in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was France ($X per litre), while the price for Ukraine (less than $X per litre) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+25.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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