Price for Tube or Pipe Flanges, Other than Stainless Steel in Libya - 2022
Contents:
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Libya (CIF) - 2022
- Price for Tube or Pipe Flanges, Other than Stainless Steel in Libya (FOB) - 2022
- Imports of Tube or Pipe Flanges, Other than Stainless Steel in Libya
- Exports of Tube or Pipe Flanges, Other than Stainless Steel in Libya
Price for Tube or Pipe Flanges, Other than Stainless Steel in Libya (CIF) - 2022
In 2022, the average import price for tube or pipe flanges, other than stainless steels amounted to $6,177 per ton, picking up by 5.4% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for tube or pipe flanges, other than stainless steels increased by +116.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 an increase of 48% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($29,951 per ton), while the price for China ($3,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+15.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tube or Pipe Flanges, Other than Stainless Steel in Libya (FOB) - 2022
In 2022, the average export price for tube or pipe flanges, other than stainless steels amounted to $7,300 per ton, surging by 2.1% against the previous year. Over the period under review, the export price continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 70% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to +7.0% per year.
Imports of Tube or Pipe Flanges, Other than Stainless Steel in Libya
In 2022, overseas purchases of tube or pipe flanges, other than stainless steels were finally on the rise to reach 312 tons after two years of decline. In general, imports, however, saw a deep slump.
In value terms, imports of tube or pipe flanges, other than stainless steels surged to $1.9M in 2022. Over the period under review, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Flanges, Other than Stainless Steel in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 163 | 83.2 | 45.4 | 752 | 66.5% |
| Italy | 370 | 332 | 224 | 564 | 15.1% |
| Germany | 68.1 | 117 | 141 | 120 | 20.8% |
| South Korea | 122 | 152 | 122 | 108 | -4.0% |
| Turkey | 91.7 | 13.8 | 37.7 | 66.2 | -10.3% |
| United Kingdom | 104 | 22.4 | 47.4 | 41.5 | -26.4% |
| United Arab Emirates | 85.5 | 210 | 83.6 | 32.0 | -27.9% |
| Greece | 61.9 | 66.2 | 38.4 | 22.4 | -28.7% |
| Others | 135 | 182 | 154 | 221 | 17.9% |
| Total | 1,201 | 1,178 | 893 | 1,926 | 17.0% |
Top Suppliers of Tube or Pipe Flanges, Other than Stainless Steel to Libya in 2022:
- China (206.7 tons)
- Italy (52.1 tons)
- South Korea (19.3 tons)
- United Arab Emirates (7.7 tons)
- Turkey (6.7 tons)
- Germany (4.0 tons)
- Greece (3.2 tons)
- United Kingdom (3.1 tons)
Exports of Tube or Pipe Flanges, Other than Stainless Steel in Libya
In 2022, the amount of tube or pipe flanges, other than stainless steels exported from Libya contracted to 634 kg, with a decrease of -11.8% on the previous year's figure. Overall, exports continue to indicate a dramatic contraction. The smallest decline of -11.8% was in 2021.
In value terms, exports of tube or pipe flanges, other than stainless steels shrank to $4.6K in 2022. Over the period under review, exports showed a precipitous decrease. The smallest decline of -10% was in 2021.
| Export of Tube or Pipe Flanges, Other than Stainless Steel in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Tunisia | 12.9 | 4.5 | 5.1 | 4.6 | -29.1% |
| Others | N/A | 1.2 | N/A | N/A | 0% |
| Total | 12.9 | 5.7 | 5.1 | 4.6 | -29.1% |
Top Export Markets for Tube or Pipe Flanges, Other than Stainless Steel from Libya in 2022:
- Tunisia (634.0 kg)
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