Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya - 2022
Contents:
- Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya (CIF) - 2022
- Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya
Price for Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya (CIF) - 2022
The average import price for steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia stood at $16,526 per ton in 2022, jumping by 44% against the previous year. In general, the import price enjoyed a resilient increase. The most prominent rate of growth was recorded in 2016 when the average import price increased by 70%. The import price peaked in 2022 and is likely to continue growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($42,381 per ton), while the price for Egypt ($5,383 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+25.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya
In 2022, approx. 137 tons of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia were imported into Libya; rising by 112% on 2021. In general, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 671%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, imports of steel, stainless; cold-drawn or cold-rolled, tubes and pipes of circular cross-sectia surged to $2.3M in 2022. Over the period under review, imports posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 906% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1.5 | 6.5 | 88.3 | 628 | 648.1% |
| Turkey | 10.3 | 4.8 | 18.4 | 282 | 201.4% |
| Italy | 41.8 | 3.7 | 65.0 | 276 | 87.6% |
| Greece | 1.1 | 1.2 | 23.9 | 248 | 508.6% |
| United States | 11.7 | 5.1 | 40.3 | 169 | 143.5% |
| France | 7.7 | 3.5 | 29.2 | 150 | 169.1% |
| Malta | 0.7 | 2.0 | 26.0 | 98.3 | 419.8% |
| India | N/A | 5.0 | N/A | 98.0 | 342.7% |
| China | 9.3 | 8.3 | 315 | 58.4 | 84.5% |
| Egypt | 108 | 19.8 | 66.6 | 55.9 | -19.7% |
| Sweden | N/A | N/A | N/A | 45.7 | 0% |
| South Korea | 7.6 | 2.4 | 13.4 | 40.4 | 74.5% |
| Tunisia | 1.9 | 0.6 | 4.1 | 12.4 | 86.9% |
| Others | 21.4 | 10.7 | 50.3 | 96.6 | 65.3% |
| Total | 223 | 73.6 | 741 | 2,259 | 116.4% |
Top Suppliers of Steel, Stainless; Cold-Drawn or Cold-Rolled, Tubes and Pipes of Circular Cross-Section to Libya in 2022:
- Turkey (41.9 tons)
- United Kingdom (18.1 tons)
- Italy (10.9 tons)
- Egypt (10.4 tons)
- India (9.5 tons)
- Greece (9.4 tons)
- China (8.0 tons)
- Malta (6.1 tons)
- France (5.3 tons)
- United States (4.0 tons)
- Sweden (2.9 tons)
- Tunisia (2.3 tons)
- South Korea (2.1 tons)
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