Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya - 2022

Contents:

1. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya (CIF) - 2022
2. Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya (FOB) - 2022
3. Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya
4. Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya (CIF) - 2022

The average import price for tube or pipe fittings of non-malleable cast iron stood at $7,562 per ton in 2022, with a decrease of -38.1% against the previous year. Over the period under review, the import price, however, posted a buoyant increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 143% against the previous year. The import price peaked at $12,215 per ton in 2021, and then dropped sharply in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($10,307 per ton), while the price for China ($1,560 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya (FOB) - 2022

In 2021, the average export price for tube or pipe fittings of non-malleable cast iron amounted to $4,609 per ton, growing by 125% against the previous year. In general, the export price saw a significant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for Congo.

From 2020 to 2021, the rate of growth in terms of prices for Congo amounted to 0.0% per year.

Imports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya

In 2022, the amount of tube or pipe fittings of non-malleable cast iron imported into Libya skyrocketed to 88 tons, picking up by 153% against the previous year. Over the period under review, imports, however, showed a significant decline.

In value terms, imports of tube or pipe fittings of non-malleable cast iron soared to $664K in 2022. In general, imports continue to indicate a tangible increase. The growth pace was the most rapid in 2021 with an increase of 95% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.

Top Suppliers of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron to Libya in 2022:

1. Italy (28.8 tons)
2. China (28.2 tons)
3. India (8.0 tons)
4. United Kingdom (7.0 tons)
5. France (3.1 tons)
6. Egypt (3.0 tons)
7. United Arab Emirates (3.0 tons)

Exports of Iron or Steel Cast Fittings, of Non-Malleable Cast Iron in Libya

Exports of tube or pipe fittings of non-malleable cast iron from Libya soared to 192 kg in 2021, growing by 225% against the year before. In general, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of tube or pipe fittings of non-malleable cast iron skyrocketed to $885 in 2021. Overall, exports saw a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Iron or Steel Cast Fittings, of Non-Malleable Cast Iron from Libya in 2022:

1. Congo (192.0 kg)

Source: IndexBox Market Intelligence Platform