Report Update Nov 1, 2024

Libya - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Wood-Based Panels Market 2024

Wood-Based Panels Market Size in Libya

The Libyan wood-based panels market shrank notably to $X in 2022, which is down 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). Over the period under review, consumption, however, showed a buoyant increase. Wood-based panels consumption peaked at $X in 2021, and then declined markedly in the following year.

Wood-Based Panels Exports

Exports from Libya

In 2020, shipments abroad of wood-based panels decreased by X% to X cubic meters, falling for the second year in a row after two years of decline. Overall, exports enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. As a result, the exports reached the peak of X cubic meters. From 2017 to 2020, the growth of the exports remained at a lower figure.

In value terms, wood-based panels exports stood at $X in 2020. Over the period under review, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2020, the growth of the exports remained at a lower figure.

Exports by Country

China (X cubic meters) and Niger (X cubic meters) were the main destinations of wood-based panels exports from Libya.

From 2015 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Niger (with a CAGR of X%).

From 2015 to 2020, the average annual rate of growth in terms of value to Niger was relatively modest.

Export Prices by Country

In 2020, the average wood-based panels export price amounted to $X per cubic meter, approximately reflecting the previous year. In general, the export price posted significant growth. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per cubic meter. From 2017 to 2020, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Niger ($X per cubic meter), while the average price for exports to China amounted to $X per cubic meter.

From 2015 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wood-Based Panels Imports

Imports into Libya

Wood-based panels imports into Libya contracted rapidly to X cubic meters in 2022, with a decrease of X% on 2021 figures. In general, imports, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2019 when imports increased by X% against the previous year. Imports peaked at X cubic meters in 2021, and then reduced markedly in the following year.

In value terms, wood-based panels imports reduced markedly to $X in 2022. Over the period under review, imports, however, enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. Imports peaked at $X in 2021, and then dropped notably in the following year.

Imports by Country

In 2022, Turkey (X cubic meters) constituted the largest wood-based panels supplier to Libya, with a X% share of total imports. Moreover, wood-based panels imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X cubic meters), sevenfold. The third position in this ranking was held by Indonesia (X cubic meters), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of wood-based panels to Libya, comprising X% of total imports. The second position in the ranking was taken by China ($X), with an X% share of total imports. It was followed by Indonesia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Indonesia (X% per year).

Import Prices by Country

The average wood-based panels import price stood at $X per cubic meter in 2022, dropping by X% against the previous year. Over the period under review, the import price recorded a pronounced descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per cubic meter. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per cubic meter), while the price for Turkey ($X per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for wood-based panels in the world?

China constituted the country with the largest volume of wood-based panels consumption, comprising approx. 36% of total volume. Moreover, wood-based panels consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Saudi Arabia, with a 5.4% share.

What are the largest producers of wood-based panels in the world?

China constituted the country with the largest volume of wood-based panels production, comprising approx. 41% of total volume. Moreover, wood-based panels production in China exceeded the figures recorded by the second-largest producer, the United States, fivefold. The third position in this ranking was occupied by Russia, with a 4.6% share.

What are the leading suppliers of wood-based panels to Libya?

In value terms, Turkey constituted the largest supplier of wood-based panels to Libya, comprising 70% of total imports. The second position in the ranking was occupied by China, with a 9.2% share of total imports. It was followed by Indonesia, with a 5% share.

What is the average export price for wood-based panels in Libya?

In 2018, the average wood-based panels export price amounted to $646 per cubic meter, falling by -10.1% against the previous year.

What is the average import price for wood-based panels in Libya?

The average wood-based panels import price stood at $285 per cubic meter in 2021, increasing by 3.6% against the previous year.

This report provides an in-depth analysis of the wood-based panels 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:

FCL 1647 - Hardboard
FCL 1648 - MDF/HDF
FCL 1650 - Other fibreboard
FCL 1697 - Particle board
FCL 1606 - OSB
FCL 1640 - Plywood
FCL 1634 - Veneer sheets

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