Report Update Nov 1, 2024

Libya - Glass Fiber Fabrics - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Glass Fibre Fabrics Market 2024

Glass Fibre Fabrics Market Size in Libya

After six years of growth, the Libyan glass fibre fabrics market decreased by -4.6% to $X in 2022. Overall, consumption, however, enjoyed tangible growth. Over the period under review, the market attained the maximum level at $X in 2021, and then fell slightly in the following year.

Glass Fibre Fabrics Exports

Exports from Libya

In 2021, approx. X kg of glass fibre fabrics were exported from Libya; remaining constant against 2020. In general, exports saw a significant decrease. The smallest decline of -68.2% was in 2016. Over the period under review, the exports reached the peak figure at X kg in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, glass fibre fabrics exports totaled $X in 2021. Over the period under review, exports recorded a dramatic contraction. The smallest decline of -65.4% was in 2016. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

India (X kg) was the main destination for glass fibre fabrics exports from Libya, with a approx. 100% share of total exports.

From 2015 to 2021, the average annual growth rate of volume to India was relatively modest.

From 2015 to 2021, the average annual growth rate of value to India was relatively modest.

Export Prices by Country

The average glass fibre fabrics export price stood at $X per ton in 2021, leveling off at the previous year. In general, the export price saw a precipitous decline. The pace of growth appeared the most rapid in 2016 an increase of 8.9% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

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

From 2015 to 2021, the rate of growth in terms of prices for Indonesia amounted to -55.2% per year.

Glass Fibre Fabrics Imports

Imports into Libya

In 2022, supplies from abroad of glass fibre fabrics decreased by -5% to X tons, falling for the second consecutive year after five years of growth. In general, imports, however, showed a noticeable expansion. The growth pace was the most rapid in 2018 when imports increased by 221%. Over the period under review, imports hit record highs at X tons in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, glass fibre fabrics imports reduced to $X in 2022. Overall, imports, however, posted notable growth. The most prominent rate of growth was recorded in 2018 with an increase of 161% against the previous year. Imports peaked at $X in 2021, and then contracted in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of glass fibre fabrics to Libya, with a 58% share of total imports. Moreover, glass fibre fabrics imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), threefold. Belgium (X tons) ranked third in terms of total imports with an 18% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.7% per year) and Belgium (+69.2% per year).

In value terms, China ($X) constituted the largest supplier of glass fibre fabrics to Libya, comprising 65% of total imports. The second position in the ranking was held by Turkey ($X), with a 20% share of total imports. It was followed by Belgium, with a 2.2% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+6.8% per year) and Belgium (+43.7% per year).

Import Prices by Country

The average glass fibre fabrics import price stood at $X per ton in 2022, leveling off at the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 36%. The import price peaked at $X per ton in 2017; however, from 2018 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 United States ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.4%), 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 glass fibre fabrics in the world?

China constituted the country with the largest volume of glass fibre fabrics consumption, comprising approx. 32% of total volume. Moreover, glass fibre fabrics consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. India ranked third in terms of total consumption with a 12% share.

What are the largest producers of glass fibre fabrics in the world?

China constituted the country with the largest volume of glass fibre fabrics production, comprising approx. 37% of total volume. Moreover, glass fibre fabrics production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 12% share.

What are the leading suppliers of glass fibre fabrics to Libya?

In value terms, Turkey constituted the largest supplier of glass fibre fabrics to Libya, comprising 62% of total imports. The second position in the ranking was occupied by Italy, with an 11% share of total imports. It was followed by Belgium, with a 7.9% share.

What are the leading importers of glass fibre fabrics from Libya?

In value terms, Indonesia remains the key foreign market for glass fibre fabrics exports from Libya.

What is the average export price for glass fibre fabrics in Libya?

In 2016, the average glass fibre fabrics export price amounted to $20,664 per ton, rising by 9.2% against the previous year.

What is the average import price for glass fibre fabrics in Libya?

In 2021, the average glass fibre fabrics import price amounted to $3,448 per ton, rising by 56% against the previous year.

This report provides an in-depth analysis of the glass fibre fabrics 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 13204600 - Woven fabrics of glass fibre (including narrow fabrics, glass wool)

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