Price for Lead; Waste and Scrap in Libya - 2022
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Price for Lead; Waste and Scrap in Libya (FOB) - 2022
The average lead; waste and scrap export price stood at $1,856 per ton in 2022, with a decrease of -2.5% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, lead; waste and scrap export price increased by +35.1% against 2018 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 32% against the previous year. As a result, the export price reached the peak level of $1,904 per ton, and then contracted modestly in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($3,726 per ton), while the average price for exports to the United Arab Emirates ($1,126 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Exports of Lead; Waste and Scrap in Libya
In 2022, overseas shipments of lead; waste and scraps decreased by -78% to 211 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 104%.
In value terms, lead; waste and scrap exports reduced notably to $393K in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 80%.
Export of Lead; Waste and Scrap in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Arab Emirates | 284 | 427 | 623 | 168 | -16.1% |
Spain | 7.4 | 62.5 | 141 | 123 | 155.2% |
Belgium | 159 | 190 | 221 | 47.4 | -33.2% |
India | 192 | 493 | 802 | 45.4 | -38.2% |
Others | 27.2 | 33.6 | 39.9 | 8.8 | -31.4% |
Total | 669 | 1,206 | 1,826 | 393 | -16.2% |
Top Export Markets for Lead; Waste and Scrap from Libya in 2022:
- United Arab Emirates (148.8 tons)
- Spain (33.2 tons)
- Belgium (13.5 tons)
- India (13.5 tons)
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