Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Libya - 2022

Contents:

1. Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Libya (CIF) - 2022
2. Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Libya

Price for Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Libya (CIF) - 2022

In 2022, the average import price for stainless steel, flat-rolled, width less than 600mm, cold-rolleds amounted to $3,897 per ton, falling by -61.8% against the previous year. Overall, the import price, however, continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2015 when the average import price increased by 93%. Over the period under review, average import prices attained the peak figure at $10,690 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($7,025 per ton), while the price for China ($3,867 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+58.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled in Libya

Imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds into Libya surged to 108 tons in 2022, growing by 273% against the year before. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of stainless steel, flat-rolled, width less than 600mm, cold-rolleds skyrocketed to $421K in 2022. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.5% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Stainless Steel, Flat-Rolled, Width Less than 600mm, Cold-Rolled to Libya in 2022:

1. China (104.1 tons)
2. Turkey (3.9 tons)
3. Netherlands (0.1 tons)

Source: IndexBox Market Intelligence Platform