Price for Winding Wire of Copper in Libya - 2022
Contents:
Price for Winding Wire of Copper in Libya (CIF) - 2022
The average winding wire of copper import price stood at $9,454 per ton in 2022, with a decrease of -9.8% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by 34%. As a result, import price reached the peak level of $10,481 per ton, and then declined in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($12,741 per ton), while the price for South Korea ($6,105 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+10.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Winding Wire of Copper in Libya
In 2022, imports of winding wire of coppers into Libya soared to 737 tons, picking up by 49% against the year before. Overall, imports posted resilient growth. The most prominent rate of growth was recorded in 2021 with an increase of 148% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, winding wire of copper imports soared to $7M in 2022. In general, imports enjoyed a buoyant increase. The pace of growth was the most pronounced in 2021 with an increase of 231% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the near future.
| Import of Winding Wire of Copper in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 815 | 356 | 2,025 | 2,220 | 39.7% |
| Egypt | 2,178 | 300 | 1,370 | 1,465 | -12.4% |
| India | 188 | 78.2 | 329 | 949 | 71.5% |
| China | 228 | 54.8 | 113 | 253 | 3.5% |
| United States | 266 | 95.7 | 24.7 | 211 | -7.4% |
| Italy | 98.9 | 41.6 | 71.1 | 94.0 | -1.7% |
| Others | 1,034 | 632 | 1,223 | 1,800 | 20.3% |
| Total | 4,807 | 1,558 | 5,156 | 6,992 | 13.3% |
Top Suppliers of Winding Wire of Copper to Libya in 2022:
- Turkey (333.6 tons)
- Egypt (194.2 tons)
- India (124.3 tons)
- China (30.6 tons)
- United States (28.3 tons)
- Italy (11.2 tons)
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