Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya - 2022
Contents:
- Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya (CIF) - 2022
- Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya
Price for Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya (CIF) - 2022
In 2022, the average import price for steel, stainless; semi-finished products, other than of rectangular cross-sectia amounted to $9,174 per ton, jumping by 15% against the previous year. Over the last decade, it increased at an average annual rate of +5.9%. The pace of growth was the most pronounced in 2014 an increase of 44% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($138,000 per ton), while the price for Turkey totaled $2,083 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+25.8%).
Imports of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya
Imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia into Libya was estimated at 230 kg in 2022, picking up by 5% on the year before. In general, imports, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 6.8% against the previous year.
In value terms, imports of steel, stainless; semi-finished products, other than of rectangular cross-sectia surged to $2.1K in 2022. The total import value increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section in Libya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,119 | 948 | 1,266 | 1,656 | 14.0% |
| Turkey | 357 | 495 | 479 | 454 | 8.3% |
| Others | 357 | N/A | N/A | N/A | 0% |
| Total | 1,833 | 1,443 | 1,745 | 2,110 | 4.8% |
Top Suppliers of Steel, Stainless; Semi-Finished Products, Other than of Rectangular Cross-Section to Libya in 2022:
- Turkey (218.0 kg)
- Italy (12.0 kg)
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