Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya - 2022
Contents:
- Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya (CIF) - 2022
- Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya
Price for Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya (CIF) - 2022
The average import price for tube or pipe threaded elbows, bends and sleeves of stainless steels stood at $13,506 per ton in 2022, falling by -13.5% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The growth pace was the most rapid in 2017 an increase of 93%. As a result, import price attained the peak level of $34,859 per ton. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($57,135 per ton), while the price for India ($4,180 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+33.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya
In 2022, the amount of tube or pipe threaded elbows, bends and sleeves of stainless steels imported into Libya skyrocketed to 19 tons, jumping by 74% against the previous year's figure. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.1% against 2020 indices.
In value terms, imports of tube or pipe threaded elbows, bends and sleeves of stainless steels soared to $257K in 2022. The total import value increased at an average annual rate of +3.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 99.7 | 18.9 | 39.2 | 68.8 | -11.6% |
| Malta | N/A | N/A | N/A | 38.8 | 0% |
| China | 8.4 | 109 | 8.8 | 30.0 | 52.9% |
| Greece | N/A | N/A | N/A | 23.8 | 0% |
| India | 3.1 | 17.7 | 1.4 | 21.6 | 91.0% |
| France | N/A | N/A | N/A | 18.8 | 0% |
| United Kingdom | 14.2 | 13.3 | 50.9 | 17.8 | 7.8% |
| Italy | 31.8 | 32.0 | 31.9 | 16.4 | -19.8% |
| Others | 72.0 | 21.7 | 38.6 | 21.2 | -33.5% |
| Total | 229 | 212 | 171 | 257 | 3.9% |
Top Suppliers of Tube or Pipe Threaded Elbows, Bends and Sleeves of Stainless Steel to Libya in 2022:
- India (5.2 tons)
- Turkey (4.9 tons)
- China (4.6 tons)
- Italy (1.4 tons)
- Malta (0.9 tons)
- Greece (0.8 tons)
- France (0.7 tons)
- United Kingdom (0.3 tons)
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