Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya (CIF) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya
Price for Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya (CIF) - 2022
In 2022, the average import price for alloy steel flat-rolled products, of a width 600mm or mores amounted to $1,831 per ton, jumping by 84% against the previous year. Over the period under review, the import price showed a buoyant increase. The import price peaked at $2,185 per ton in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the United Arab Emirates ($3,419 per ton), while the price for China ($576 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya
In 2022, imports of alloy steel flat-rolled products, of a width 600mm or mores into Libya skyrocketed to 745 tons, rising by 16% compared with the previous year. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 331%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of alloy steel flat-rolled products, of a width 600mm or mores surged to $1.4M in 2022. Overall, imports saw significant growth. The pace of growth appeared the most rapid in 2020 when imports increased by 261%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Alloy Steel Flat-Rolled Products, of A Width 600mm or More in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | N/A | N/A | N/A | 608 | 0% |
| Turkey | 69.5 | 216 | 359 | 515 | 95.0% |
| Egypt | 62.3 | 72.6 | 62.3 | 61.1 | -0.6% |
| Italy | 43.8 | 50.3 | 36.3 | 54.5 | 7.6% |
| Belgium | 21.1 | 26.8 | 25.1 | 25.3 | 6.2% |
| Germany | 2.8 | 8.1 | 11.3 | 16.4 | 80.3% |
| China | 7.1 | 1.8 | 3.3 | 7.2 | 0.5% |
| Portugal | N/A | N/A | 94.3 | N/A | 0% |
| Saudi Arabia | N/A | 391 | N/A | N/A | 0% |
| Others | 29.8 | 87.5 | 50.2 | 76.9 | 37.2% |
| Total | 236 | 854 | 642 | 1,365 | 79.5% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width 600mm or More to Libya in 2022:
- Turkey (398.6 tons)
- United Arab Emirates (177.8 tons)
- Italy (46.4 tons)
- Egypt (41.7 tons)
- Belgium (35.2 tons)
- China (12.5 tons)
- Germany (12.4 tons)
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