Price for Copper Tube or Pipe Fitting in Libya - 2022

Price for Copper Tube or Pipe Fitting in Libya (CIF) - 2022

The average import price for tube or pipe fittings, couplings, elbows, sleeves of refined copper stood at $11,246 per ton in 2022, shrinking by -17.6% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 236%. As a result, import price reached the peak level of $18,614 per ton. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($54,900 per ton), while the price for China ($5,759 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Saudi Arabia (+28.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper Tube or Pipe Fitting in Libya

In 2022, approx. 3.3 tons of tube or pipe fittings, couplings, elbows, sleeves of refined copper were imported into Libya; rising by 44% on the year before. Overall, imports, however, saw a dramatic setback.

In value terms, copper tube or pipe fitting imports skyrocketed to $37K in 2022. Over the period under review, imports, however, faced a sharp decrease.

Import of Copper Tube or Pipe Fitting in Libya (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	7.3	40.9	7.6	14.9	26.8%
Italy	15.6	N/A	2.5	10.7	-11.8%
Turkey	28.6	5.7	6.6	8.4	-33.5%
India	N/A	N/A	N/A	2.7	0%
Germany	8.0	7.2	3.2	N/A	-36.8%
United Arab Emirates	0.5	0.5	7.6	N/A	289.9%
Saudi Arabia	60.5	24.3	N/A	N/A	-59.8%
Others	2.2	N/A	3.7	0.4	-43.3%
Total	123	78.7	31.2	37.1	-32.9%