Report Update Nov 1, 2024

Libya - Unvulcanized Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Unvulcanized Rubber Market 2024

Unvulcanized Rubber Market Size in Libya

The Libyan unvulcanized rubber market shrank slightly to $X in 2022, waning by -1.6% 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 saw a perceptible reduction. Unvulcanized rubber consumption peaked at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Unvulcanized Rubber Exports

Exports from Libya

In 2022, after three years of decline, there was significant decline in overseas shipments of unvulcanized rubber and articles thereof, when their volume decreased by -29.8% to X kg. Over the period under review, exports, however, showed significant growth. The pace of growth was the most pronounced in 2013 when exports increased by 130,300% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, unvulcanized rubber exports dropped markedly to $X in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 when exports increased by 69,425%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for unvulcanized rubber 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 France was relatively modest.

In value terms, France ($X) emerged as the key foreign market for unvulcanized rubber and articles thereof exports from Libya.

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

Export Prices by Country

The average unvulcanized rubber export price stood at $X per ton in 2022, jumping by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 520%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sudan amounted to +12.7% per year.

Unvulcanized Rubber Imports

Imports into Libya

In 2022, approx. X tons of unvulcanized rubber and articles thereof were imported into Libya; shrinking by -4.3% against the year before. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 118%. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, unvulcanized rubber imports reduced slightly to $X in 2022. Over the period under review, imports continue to indicate a pronounced decline. The pace of growth was the most pronounced in 2018 when imports increased by 91%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Turkey (X tons) constituted the largest unvulcanized rubber supplier to Libya, with a 62% share of total imports. Moreover, unvulcanized rubber imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the United States (X tons), with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +18.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.2% per year) and the United States (-2.6% per year).

In value terms, the largest unvulcanized rubber suppliers to Libya were Turkey ($X), China ($X) and the United States ($X), together accounting for 75% of total imports.

Turkey, with a CAGR of +10.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2022, the average unvulcanized rubber import price amounted to $X per ton, rising by 3.9% against the previous year. Overall, the import price, however, continues to indicate a perceptible descent. The growth pace was the most rapid in 2015 an increase of 40%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+19.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, together comprising 47% of global consumption. Malaysia, Italy, Indonesia, Spain, Germany, India, Canada, Poland, France and Turkey lagged somewhat behind, together accounting for a further 29%.

What are the largest producers of unvulcanized rubber and articles thereof in the world?

The countries with the highest volumes of in 2021 were China, the United States and Brazil, with a combined 47% share of global production.

What are the leading suppliers of unvulcanized rubber and articles thereof to Libya?

In value terms, the United States, Turkey and Italy constituted the largest unvulcanized rubber suppliers to Libya, together accounting for 80% of total imports.

What is the average export price for unvulcanized rubber and articles thereof in Libya?

In 2019, the average unvulcanized rubber export price amounted to $11,250 per ton, approximately equating the previous year.

What is the average import price for unvulcanized rubber and articles thereof in Libya?

The average unvulcanized rubber import price stood at $1,858 per ton in 2021, surging by 47% against the previous year.

This report provides an in-depth analysis of the unvulcanized rubber 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised
Prodcom 22192019 - Other compounded rubber, unvulcanised, in primary forms or in plates, sheets or strip
Prodcom 22192030 - Forms and articles of unvulcanised rubber (including rods, t ubes, profile shapes, discs and rings) (excluding camel-back, s trips for retreading tyres)
Prodcom 22192050 - Vulcanised rubber thread and cord
Prodcom 22192070 - Plates, sheets and strip of vulcanised rubber
Prodcom 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
Prodcom 22192085 - Plates, sheets, strips for floor covering of solid vulcanised rubber
Prodcom 22192087 - Extruded solid rubber rods and profiles

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