Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya - 2022
Contents:
- Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya (CIF) - 2022
- Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya
Price for Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya (CIF) - 2022
In 2022, the average import price for tube or pipe butt welding fittings of stainless steels amounted to $9,804 per ton, jumping by 33% against the previous year. Over the period under review, the import price, however, saw a deep contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 98% against the previous year. Over the period under review, average import prices attained the peak figure at $21,237 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($38,233 per ton), while the price for Greece ($5,578 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya
In 2022, imports of tube or pipe butt welding fittings of stainless steels into Libya soared to 25 tons, with an increase of 52% on the year before. Overall, imports recorded a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 103%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of tube or pipe butt welding fittings of stainless steels soared to $247K in 2022. Over the period under review, imports posted buoyant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Butt Welding Fittings of Stainless Steel in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 41.6 | 17.1 | 31.3 | 81.0 | 24.9% |
| Turkey | 67.3 | 14.3 | 70.3 | 65.8 | -0.7% |
| Netherlands | N/A | N/A | N/A | 31.8 | 0% |
| Germany | 28.1 | 98.4 | 13.8 | 20.5 | -10.0% |
| Greece | N/A | N/A | N/A | 19.7 | 0% |
| Sweden | N/A | N/A | N/A | 6.9 | 0% |
| Tunisia | 7.2 | N/A | N/A | 0.4 | -61.8% |
| China | N/A | 16.7 | 0.3 | N/A | -98.2% |
| Others | 11.7 | 6.3 | 6.4 | 20.4 | 20.4% |
| Total | 156 | 153 | 122 | 247 | 16.6% |
Top Suppliers of Tube or Pipe Butt Welding Fittings of Stainless Steel to Libya in 2022:
- Italy (11.3 tons)
- Turkey (7.6 tons)
- Greece (3.5 tons)
- Netherlands (1.1 tons)
- Sweden (0.5 tons)
- Germany (0.5 tons)
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