Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya - 2022
Contents:
- Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya (CIF) - 2022
- Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya
Price for Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya (CIF) - 2022
In 2022, the average import price for aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms amounted to $6,266 per ton, reducing by -3.4% against the previous year. Overall, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2017 an increase of 38%. The import price peaked at $7,181 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +5.5% per year.
Imports of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya
In 2022, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms into Libya expanded notably to 1.3K tons, growing by 14% on the year before. The total import volume increased at an average annual rate of +14.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 14% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of aluminium; alloys, wire, maximum cross-sectional dimension exceeding 7mms rose remarkably to $8.2M in 2022. The total import value increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 0.9 | 6.7 | 2.6 | 8.2 | 108.9% |
| Germany | 5.2 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 4.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 6.1 | 6.7 | 7.4 | 8.2 | 10.4% |
Top Suppliers of Aluminium; Alloys, Wire, Maximum Cross-Sectional Dimension Exceeding 7mm to Libya in 2022:
- Turkey (1.3K tons)
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