Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya - 2022

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya (FOB) - 2022
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $46 per unit in 2022, rising by 24% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2016 an increase of 29%. Over the period under review, average import prices reached the peak figure at $47 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Malta ($576 per unit), while the price for Tunisia ($20 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+21.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya (FOB) - 2022

The average export price for containers for compressed or liquefied gas, of iron or steel stood at $7.4 per unit in 2022, which is down by -67.7% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by 235% against the previous year. The export price peaked at $23 per unit in 2021, and then shrank markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($48 per unit), while the average price for exports to Italy totaled $3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+14.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya

For the third year in a row, Libya recorded decline in supplies from abroad of containers for compressed or liquefied gas, of iron or steel, which decreased by -49.4% to 94K units in 2022. Overall, imports saw a sharp shrinkage. The smallest decline of -5% was in 2021. Imports peaked at 218K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel declined remarkably to $4.3M in 2022. In general, imports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. Imports peaked at $9.1M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Libya in 2022:

1. China (48.1K units)
2. Turkey (20.5K units)
3. Italy (10.3K units)
4. United States (6.9K units)
5. United Kingdom (3.7K units)
6. Tunisia (2.9K units)
7. India (1.0K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Libya

In 2022, shipments abroad of containers for compressed or liquefied gas, of iron or steel was finally on the rise to reach 4.3K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a sharp downturn. Over the period under review, the exports of reached the maximum at 18K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel dropped rapidly to $32K in 2022. In general, exports, however, showed a sharp setback. The smallest decline of -0.6% was in 2021. The exports peaked at $160K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Libya in 2022:

1. Italy (3.9K units)
2. Egypt (0.4K units)

Source: IndexBox Market Intelligence Platform