Price for Safety Pins and Other Pins; of Iron or Steel in Libya - 2022

Contents:

1. Price for Safety Pins and Other Pins; of Iron or Steel in Libya (CIF) - 2022
2. Imports of Safety Pins and Other Pins; of Iron or Steel in Libya

Price for Safety Pins and Other Pins; of Iron or Steel in Libya (CIF) - 2022

In 2022, the average import price for safety pins and other pins; of iron or steels amounted to $5,264 per ton, reducing by -7.4% against the previous year. In general, the import price, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2014 an increase of 35%. The import price peaked at $6,285 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Turkey ($7,654 per ton), while the price for China amounted to $5,180 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.7%).

Imports of Safety Pins and Other Pins; of Iron or Steel in Libya

In 2022, the amount of safety pins and other pins; of iron or steels imported into Libya soared to 41 tons, rising by 21% compared with the year before. Overall, imports, however, showed a abrupt downturn.

In value terms, imports of safety pins and other pins; of iron or steels rose remarkably to $216K in 2022. Over the period under review, imports, however, showed a pronounced downturn.

Top Suppliers of Safety Pins and Other Pins; of Iron or Steel to Libya in 2022:

1. China (40.3 tons)
2. Turkey (0.6 tons)

Source: IndexBox Market Intelligence Platform