Price for Iron or Steel; Cast Articles in Libya - 2022

Contents:

  1. Price for Iron or Steel; Cast Articles in Libya (CIF) - 2022
  2. Imports of Iron or Steel; Cast Articles in Libya

Price for Iron or Steel; Cast Articles in Libya (CIF) - 2022

The average import price for iron or steel; cast articleses stood at $1,685 per ton in 2022, falling by -7.2% against the previous year. In general, the import price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2013 an increase of 31%. The import price peaked at $3,021 per ton in 2017; however, from 2018 to 2022, 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 Italy ($15,085 per ton), while the price for Spain ($813 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Iron or Steel; Cast Articles in Libya

Iron or steel; cast articles imports into Libya skyrocketed to 2K tons in 2022, with an increase of 110% against 2021. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, iron or steel; cast articles imports surged to $3.4M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Iron or Steel; Cast Articles in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26978.61291,05957.9%
Italy4131973235348.9%
Thailand491336377473-1.2%
Spain18.218.739.5456192.6%
Turkey19958.744236422.3%
Egypt9.5323240182167.6%
Tunisia23.48.20.482.552.2%
Belgium31.042.840.242.411.0%
Others301186134168-17.7%
Total1,7561,2481,7243,36124.2%

Top Suppliers of Iron or Steel; Cast Articles to Libya in 2022:

  1. Spain (560.2 tons)
  2. China (515.9 tons)
  3. Thailand (487.6 tons)
  4. Turkey (193.7 tons)
  5. Egypt (83.9 tons)
  6. Tunisia (55.8 tons)
  7. Italy (35.4 tons)
  8. Belgium (27.7 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Iron or steel; cast articles - Libya