Fluorine; Bromine Price in Libya - 2022
Contents:
Fluorine; Bromine Price in Libya (CIF) - 2022
In 2022, the average fluorine; bromine import price amounted to $26,107 per ton, picking up by 8.3% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, fluorine; bromine import price increased by +60.7% against 2014 indices. The most prominent rate of growth was recorded in 2013 when the average import price increased by 18%. The import price peaked in 2022 and is expected to retain growth in years to come.
As there is only one major supplying country, the average price level is determined by prices for Spain.
From 2012 to 2022, the rate of growth in terms of prices for Spain amounted to +3.3% per year.
Fluorine; Bromine Imports in Libya
For the fourth year in a row, Libya recorded growth in overseas purchases of fluorine; bromines, which increased by 7.6% to 624 kg in 2022. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 7.8% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the near future.
In value terms, fluorine; bromine imports skyrocketed to $16K in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +16.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 17% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Fluorine; Bromine in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | 12.0 | 14.0 | 16.3 | 16.5% |
| United Kingdom | 10.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.3 | 12.0 | 14.0 | 16.3 | 16.5% |
Top Suppliers of Fluorine; Bromine to Libya in 2022:
- Spain (624.0 kg)
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