Price for Wire of Other Alloy Steel in Libya - 2022
Contents:
- Price for Wire of Other Alloy Steel in Libya (CIF) - 2022
- Imports of Wire of Other Alloy Steel in Libya
Price for Wire of Other Alloy Steel in Libya (CIF) - 2022
In 2022, the average import price for wire of other alloy steels amounted to $1,183 per ton, shrinking by -14.9% against the previous year. Overall, the import price recorded a perceptible setback. The growth pace was the most rapid in 2019 an increase of 52% against the previous year. As a result, import price attained the peak level of $1,630 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Egypt ($2,108 per ton), while the price for Turkey ($1,111 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+6.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Wire of Other Alloy Steel in Libya
In 2022, wire of other alloy steel imports into Libya skyrocketed to 982 tons, growing by 52% against 2021. Overall, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, wire of other alloy steel imports skyrocketed to $1.2M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +67.5% against 2019 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Wire of Other Alloy Steel in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Turkey | 11.1 | 8.0 | 22.8 | 795 | 315.3% |
United Kingdom | 247 | 771 | 872 | 274 | 3.5% |
Italy | 10.1 | 0.7 | 1.8 | 37.9 | 55.4% |
China | 63.3 | 7.7 | 1.2 | 9.4 | -47.0% |
Others | 363 | 2.5 | 0.6 | 45.5 | -50.0% |
Total | 694 | 789 | 898 | 1,162 | 18.7% |
Top Suppliers of Wire of Other Alloy Steel to Libya in 2022:
- Turkey (715.9 tons)
- United Kingdom (223.6 tons)
- Italy (22.0 tons)
- China (7.3 tons)
This report provides an in-depth analysis of the market for iron and steel wire in Libya.
This report provides an in-depth analysis of the market for iron and steel wire in Libya.
This report provides an in-depth analysis of the global market for iron and steel wire.
This report provides an in-depth analysis of the global market for iron and steel wire.
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