Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya - 2022
Contents:
- Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya (CIF) - 2022
- Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya
Price for Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya (CIF) - 2022
The average import price for alloy steel flat-rolled products, of a width of less than 600mms stood at $686 per ton in 2022, falling by -36.5% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2016 an increase of 51%. As a result, import price attained the peak level of $2,942 per ton. From 2017 to 2022, the average import prices remained at a lower figure.
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 States ($21,940 per ton), while the price for Spain ($530 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 (+26.4%), while the prices for the other major suppliers experienced a decline.
Imports of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya
In 2022, approx. 88 tons of alloy steel flat-rolled products, of a width of less than 600mms were imported into Libya; increasing by 12% compared with the year before. Overall, imports recorded a significant increase. The growth pace was the most rapid in 2021 when imports increased by 202%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of alloy steel flat-rolled products, of a width of less than 600mms reduced notably to $60K in 2022. Over the period under review, imports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 111% against the previous year. As a result, imports reached the peak of $85K, and then dropped rapidly in the following year.
| Import of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | N/A | N/A | N/A | 42.6 | 0% |
| China | 8.1 | 13.7 | 25.3 | 3.6 | -23.7% |
| Turkey | 3.7 | 6.3 | 11.7 | 1.9 | -19.9% |
| Germany | 3.8 | 4.8 | 5.5 | 0.2 | -62.5% |
| Others | 12.1 | 15.4 | 42.5 | 12.1 | 0.0% |
| Total | 27.7 | 40.2 | 85.0 | 60.3 | 29.6% |
Top Suppliers of Alloy Steel Flat-Rolled Products, of A Width of Less than 600mm to Libya in 2022:
- Spain (80.3 tons)
- China (5.3 tons)
- Turkey (1.6 tons)
- Germany (0.2 tons)
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