Libya - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Libya - Rare Gases (Excluding Argon) - Market Analysis, Forecast, Size, Trends And Insights

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Rare Gases Price in Libya - 2022

Contents:

  1. Rare Gases Price in Libya (CIF) - 2022
  2. Rare Gases Price in Libya (FOB) - 2022
  3. Rare Gases Imports in Libya
  4. Rare Gases Exports in Libya

Rare Gases Price in Libya (CIF) - 2022

The average rare gases import price stood at $13 per cubic meter in 2022, rising by 43% against the previous year. Over the period under review, the import price, however, showed a perceptible shrinkage. The pace of growth appeared the most rapid in 2019 an increase of 171% against the previous year. The import price peaked at $22 per cubic meter in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($16 per cubic meter), while the price for the UK ($5 per cubic meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+16.2%), while the prices for the other major suppliers experienced a decline.

Rare Gases Price in Libya (FOB) - 2022

In 2022, the average rare gases export price amounted to $40 per cubic meter, dropping by -8.2% against the previous year. In general, the export price, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 an increase of 173%. Over the period under review, the average export prices attained the maximum at $44 per cubic meter in 2021, and then shrank in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +14.5% per year.

Rare Gases Imports in Libya

In 2022, after three years of growth, there was significant decline in overseas purchases of rare gases (excluding argon), when their volume decreased by -29.2% to 51K cubic meters. In general, imports, however, posted a strong increase. The pace of growth was the most pronounced in 2021 when imports increased by 140% against the previous year. As a result, imports attained the peak of 72K cubic meters, and then reduced sharply in the following year.

In value terms, rare gases imports rose slightly to $636K in 2022. The total import value increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 40% against the previous year. As a result, imports attained the peak of $646K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Rare Gases in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey62.522613319646.4%
Egypt72.992.120517533.9%
Italy15.932.731.086.275.7%
United Kingdom85.511491.144.4-19.6%
France32.331.538.038.76.2%
Belgium21.036.840.337.321.1%
United Arab Emirates74.845.928.013.4-43.6%
Others95.467.359.344.4-22.5%
Total46064662663611.4%

Top Suppliers of Rare Gases to Libya in 2022:

  1. Turkey (23.4K cubic meters)
  2. Egypt (10.7K cubic meters)
  3. United Kingdom (8.9K cubic meters)
  4. Italy (6.3K cubic meters)
  5. France (5.0K cubic meters)
  6. Belgium (4.5K cubic meters)
  7. United Arab Emirates (1.2K cubic meters)

Rare Gases Exports in Libya

After three years of growth, overseas shipments of rare gases (excluding argon) decreased by -4.2% to 206 cubic meters in 2022. Over the period under review, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 166% against the previous year. Over the period under review, the exports reached the maximum at 215 cubic meters in 2021, and then declined in the following year.

In value terms, rare gases exports contracted to $8.2K in 2022. Overall, exports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 250%. The exports peaked at $9.4K in 2021, and then dropped in the following year.

Export of Rare Gases in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates2.07.19.48.260.1%
OthersN/AN/AN/AN/A0%
Total2.07.19.48.260.1%

Top Export Markets for Rare Gases from Libya in 2022:

  1. United Arab Emirates (238.0 cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the rare gases 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 20111130 - Rare gases (excluding argon)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Rare Gases (Excluding Argon) - Libya