Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya - 2022
Contents:
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (CIF) - 2022
- Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (FOB) - 2022
- Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya
- Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (CIF) - 2022
The average import price for iron or steel; non-threaded cotters and cotter-pinses stood at $2,895 per ton in 2022, shrinking by -38.4% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 82% against the previous year. As a result, import price reached the peak level of $4,697 per ton, and then reduced sharply in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($14,761 per ton), while the price for China ($1,885 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (FOB) - 2022
The average export price for iron or steel; non-threaded cotters and cotter-pinses stood at $7,406 per ton in 2022, rising by 12% against the previous year. Over the period under review, the export price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2015 an increase of 105% against the previous year. Over the period under review, the average export prices reached the maximum at $12,817 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, 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 +14.0% per year.
Imports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya
Imports of iron or steel; non-threaded cotters and cotter-pinses into Libya surged to 75 tons in 2022, growing by 381% against 2021 figures. Overall, imports enjoyed a moderate increase.
In value terms, imports of iron or steel; non-threaded cotters and cotter-pinses surged to $218K in 2022. In general, imports, however, showed a pronounced contraction.
| Import of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 40.3 | 339 | 15.7 | 125 | 45.8% |
| Turkey | 24.3 | 20.8 | 24.0 | 32.8 | 10.5% |
| United States | 15.6 | 15.2 | 12.1 | 14.2 | -3.1% |
| South Korea | 4.3 | 4.2 | 3.5 | 4.2 | -0.8% |
| Italy | 21.9 | 4.1 | 4.9 | 1.4 | -60.0% |
| Others | 147 | 30.6 | 13.3 | 40.6 | -34.9% |
| Total | 253 | 414 | 73.4 | 218 | -4.8% |
Top Suppliers of Iron or Steel; Non-Threaded Cotters and Cotter-Pins to Libya in 2022:
- China (66.0 tons)
- Turkey (5.0 tons)
- United States (1.3 tons)
- South Korea (1.1 tons)
- Italy (0.1 tons)
Exports of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya
In 2022, the amount of iron or steel; non-threaded cotters and cotter-pinses exported from Libya rose rapidly to 32 kg, increasing by 6.7% on 2021 figures. The total export volume increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2020 when exports increased by 7.7%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of iron or steel; non-threaded cotters and cotter-pinses soared to $237 in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 20%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Iron or Steel; Non-Threaded Cotters and Cotter-Pins in Libya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 137 | 165 | 198 | 237 | 20.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 137 | 165 | 198 | 237 | 20.0% |
Top Export Markets for Iron or Steel; Non-Threaded Cotters and Cotter-Pins from Libya in 2022:
- China (32.0 kg)
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