Peroxoborates (Perborates) Price in Libya - 2022
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Peroxoborates (Perborates) Price in Libya (CIF) - 2022
The average peroxoborates (perborates) import price stood at $755 per ton in 2022, approximately reflecting the previous year. In general, the import price saw a mild setback. The growth pace was the most rapid in 2021 an increase of less than 0.1% against the previous year. Over the period under review, average import prices hit record highs at $911 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.9% per year.
Peroxoborates (Perborates) Imports in Libya
For the fourth year in a row, Libya recorded growth in overseas purchases of peroxoborates (perborates)s, which increased by 20% to 136 tons in 2022. In general, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, peroxoborates (perborates) imports surged to $103K in 2022. Over the period under review, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 20%. Imports peaked in 2022 and are likely to continue growth in the near future.
Import of Peroxoborates (Perborates) in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 59.5 | 71.4 | 85.7 | 103 | 20.1% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 59.5 | 71.4 | 85.7 | 103 | 20.1% |
Top Suppliers of Peroxoborates (Perborates) to Libya in 2022:
- China (136.2 tons)
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