Price for Cutlery; Other than Plated with Precious Metal in Libya - 2022
Contents:
- Price for Cutlery; Other than Plated with Precious Metal in Libya (CIF) - 2022
- Imports of Cutlery; Other than Plated with Precious Metal in Libya
Price for Cutlery; Other than Plated with Precious Metal in Libya (CIF) - 2022
The average import price for cutlery; other than plated with precious metals stood at $6,000 per ton in 2022, remaining constant against the previous year. Over the period under review, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for cutlery; other than plated with precious metals decreased by -2.3% against 2020 indices. The pace of growth appeared the most rapid in 2015 an increase of 69% against the previous year. The import price peaked at $6,140 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +6.3% per year.
Imports of Cutlery; Other than Plated with Precious Metal in Libya
In 2022, approx. 1.4K tons of cutlery; other than plated with precious metals were imported into Libya; picking up by 19% on the previous year's figure. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 42%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of cutlery; other than plated with precious metals skyrocketed to $8.5M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +5.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.2% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 39% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in the immediate term.
| Import of Cutlery; Other than Plated with Precious Metal in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.0 | 5.0 | 7.0 | 8.2 | 5.4% |
| Others | 0.3 | 0.2 | 0.2 | 0.3 | 0.0% |
| Total | 7.3 | 5.2 | 7.2 | 8.5 | 5.2% |
Top Suppliers of Cutlery; Other than Plated with Precious Metal to Libya in 2022:
- China (1389.1 tons)
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