Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya - 2022

Contents:

  1. Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya (CIF) - 2022
  2. Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya

Price for Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya (CIF) - 2022

In 2022, the average import price for fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses amounted to $28,475 per ton, reducing by -7.4% against the previous year. Over the period under review, the import price, however, saw a prominent expansion. The growth pace was the most rapid in 2020 when the average import price increased by 176%. Over the period under review, average import prices reached the maximum at $30,750 per ton in 2021, and then reduced in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($25,000 per ton), while the price for Malta amounted to $13,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+9.9%).

Imports of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya

For the third year in a row, Libya recorded decline in overseas purchases of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses, which decreased by -5.5% to 257 kg in 2022. Over the period under review, imports showed a sharp decrease.

In value terms, imports of fireworks, signalling flares, rain rockets, fog signals and other pyrotechnic articleses contracted to $7.3K in 2022. Overall, imports continue to indicate a precipitous descent.

Import of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain26.513.97.23.1-51.1%
Others5.82.71.14.2-10.2%
Total32.416.68.47.3-39.2%

Top Suppliers of Fireworks, Signalling Flares, Rain Rockets, Fog Signals and Other Pyrotechnic Articles to Libya in 2022:

  1. Spain (126.0 kg)

Source: IndexBox Market Intelligence Platform

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