Price for Dyes; Pigments and Preparations Based Thereon in Libya - 2022
Contents:
- Price for Dyes; Pigments and Preparations Based Thereon in Libya (CIF) - 2022
- Imports of Dyes; Pigments and Preparations Based Thereon in Libya
Price for Dyes; Pigments and Preparations Based Thereon in Libya (CIF) - 2022
The average import price for dyes; pigments and preparations based therea stood at $4,716 per ton in 2022, picking up by 7.2% against the previous year. Over the period under review, the import price, however, recorded a noticeable setback. The pace of growth appeared the most rapid in 2017 when the average import price increased by 48%. Over the period under review, average import prices hit record highs at $10,424 per ton in 2018; however, from 2019 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 ($28,259 per ton), while the price for India ($1,733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+52.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Dyes; Pigments and Preparations Based Thereon in Libya
In 2022, the amount of dyes; pigments and preparations based therea imported into Libya contracted sharply to 267 tons, shrinking by -36.3% against the previous year's figure. Overall, imports continue to indicate a slight descent. The most prominent rate of growth was recorded in 2021 when imports increased by 262% against the previous year. As a result, imports attained the peak of 419 tons, and then fell markedly in the following year.
In value terms, imports of dyes; pigments and preparations based therea shrank rapidly to $1.3M in 2022. In general, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 173%. As a result, imports attained the peak of $1.8M, and then reduced dramatically in the following year.
| Import of Dyes; Pigments and Preparations Based Thereon in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 208 | 88.5 | 208 | 452 | 29.5% |
| India | N/A | 37.5 | 153 | 297 | 181.4% |
| United Kingdom | 17.7 | 54.3 | 143 | 120 | 89.3% |
| Norway | N/A | N/A | N/A | 115 | 0% |
| Tunisia | 66.9 | N/A | 22.0 | 86.2 | 8.8% |
| Egypt | N/A | N/A | 8.6 | 72.8 | 746.5% |
| Netherlands | 115 | 106 | 230 | 37.2 | -31.4% |
| Morocco | 315 | N/A | 6.5 | 0.3 | -90.2% |
| Jordan | N/A | N/A | 197 | N/A | 0% |
| United Arab Emirates | 275 | 104 | 610 | N/A | 48.9% |
| Saudi Arabia | 78.2 | N/A | N/A | N/A | 0% |
| Others | 151 | 285 | 268 | 78.6 | -19.6% |
| Total | 1,226 | 675 | 1,845 | 1,260 | 0.9% |
Top Suppliers of Dyes; Pigments and Preparations Based Thereon to Libya in 2022:
- India (171.7 tons)
- Turkey (56.8 tons)
- Norway (13.8 tons)
- Egypt (6.1 tons)
- Tunisia (5.3 tons)
- United Kingdom (4.2 tons)
- Netherlands (3.8 tons)
- Morocco (0.1 tons)
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