Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Libya - 2022

Contents:

1. Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Libya (CIF) - 2022
2. Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Libya

Price for Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Libya (CIF) - 2022

The average import price for non-electric iron or steel central heating radiators of cast iron stood at $5 per unit in 2022, reducing by -5.3% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the average import price increased by 133%. Over the period under review, average import prices hit record highs at $6.2 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

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 Spain ($6.3 per unit), while the price for the UK ($2.4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+2.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Non-Electric Iron or Steel Central Heating Radiator of Cast Iron in Libya

In 2022, imports of non-electric iron or steel central heating radiators of cast iron into Libya dropped remarkably to 444 units, with a decrease of -74.7% against 2021. Overall, imports saw a dramatic descent. The pace of growth was the most pronounced in 2021 when imports increased by 2.2% against the previous year. Imports peaked at 12K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of non-electric iron or steel central heating radiators of cast iron fell sharply to $2.2K in 2022. In general, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 40%. Over the period under review, imports of hit record highs at $39K in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Non-Electric Iron or Steel Central Heating Radiators of Cast Iron to Libya in 2022:

1. Turkey (291.0 units)
2. Spain (100.0 units)
3. United Kingdom (53.0 units)

Source: IndexBox Market Intelligence Platform