Price for Winding Wire, Other than of Copper in Libya - 2022
Contents:
- Price for Winding Wire, Other than of Copper in Libya (CIF) - 2022
- Imports of Winding Wire, Other than of Copper in Libya
Price for Winding Wire, Other than of Copper in Libya (CIF) - 2022
The average import price for winding wire, other than of coppers stood at $6,090 per ton in 2022, approximately reflecting the previous year. Overall, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2018 an increase of 31%. The import price peaked at $11,116 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 India ($16,849 per ton), while the price for Malta ($3,856 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Winding Wire, Other than of Copper in Libya
Imports of winding wire, other than of coppers into Libya surged to 643 tons in 2022, jumping by 16% against the previous year. In general, imports showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 96%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of winding wire, other than of coppers rose remarkably to $3.9M in 2022. Over the period under review, imports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 105%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
| Import of Winding Wire, Other than of Copper in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,520 | 923 | 2,256 | 1,981 | 9.2% |
| India | 426 | 229 | 266 | 877 | 27.2% |
| Italy | 501 | 395 | 821 | 874 | 20.4% |
| Malta | 23.7 | 27.5 | 35.2 | 43.2 | 22.2% |
| Others | 210 | 158 | 172 | 140 | -12.6% |
| Total | 2,680 | 1,733 | 3,550 | 3,916 | 13.5% |
Top Suppliers of Winding Wire, Other than of Copper to Libya in 2022:
- China (463.0 tons)
- Italy (107.3 tons)
- India (52.1 tons)
- Malta (11.2 tons)
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