Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya - 2022
Contents:
- Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya (CIF) - 2022
- Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya
Price for Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya (CIF) - 2022
The average import price for stainless steel bars and rods, angles, shapes and sectionses stood at $4,133 per ton in 2022, surging by 15% against the previous year. Over the period under review, the import price continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 186%. The import price peaked in 2022 and is likely to see gradual growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($19,401 per ton), while the price for Greece ($398 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya
In 2022, purchases abroad of stainless steel bars and rods, angles, shapes and sectionses increased by 7.2% to 60 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a significant decline.
In value terms, imports of stainless steel bars and rods, angles, shapes and sectionses surged to $247K in 2022. Over the period under review, imports, however, saw a significant decrease.
| Import of Stainless Steel Bars and Rods, Angles, Shapes and Sections in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 67.9 | 49.9 | 86.6 | 84.2 | 7.4% |
| China | 56.0 | 1.4 | 17.7 | 37.6 | -12.4% |
| Thailand | 15.9 | 13.6 | 15.7 | 25.2 | 16.6% |
| Italy | 17.7 | 11.4 | 23.9 | 20.1 | 4.3% |
| Tunisia | 1.4 | 2.8 | 7.6 | 10.9 | 98.2% |
| Croatia | N/A | N/A | N/A | 9.3 | 0% |
| United Kingdom | 43.1 | 17.3 | 2.5 | 5.6 | -49.4% |
| Netherlands | 33.5 | 14.0 | 8.0 | 3.5 | -52.9% |
| Greece | N/A | N/A | N/A | 1.0 | 0% |
| Portugal | 0.8 | 47.3 | N/A | N/A | 5812.5% |
| Others | 297 | 20.9 | 38.9 | 50.2 | -44.7% |
| Total | 533 | 179 | 201 | 247 | -22.6% |
Top Suppliers of Stainless Steel Bars and Rods, Angles, Shapes and Sections to Libya in 2022:
- Turkey (25.5 tons)
- China (13.3 tons)
- Italy (5.3 tons)
- Thailand (3.9 tons)
- Croatia (3.2 tons)
- Greece (2.4 tons)
- Tunisia (1.8 tons)
- Netherlands (0.4 tons)
- United Kingdom (0.3 tons)
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