Salts; Molybdates Price in Libya - 2022

Contents:

  1. Salts; Molybdates Price in Libya (CIF) - 2022
  2. Salts; Molybdates Imports in Libya

Salts; Molybdates Price in Libya (CIF) - 2022

The average salts; molybdates import price stood at $5,790 per ton in 2022, waning by -25.7% against the previous year. In general, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2014 an increase of 49% against the previous year. As a result, import price reached the peak level of $42,923 per ton. From 2015 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 Belgium ($38,000 per ton), while the price for Italy ($5,750 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+61.3%), while the prices for the other major suppliers experienced a decline.

Salts; Molybdates Imports in Libya

Salts; molybdates imports into Libya skyrocketed to 1.5 tons in 2022, growing by 40% against 2021. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +13.5% 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 -11.8% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 66% against the previous year. As a result, imports reached the peak of 1.8 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, salts; molybdates imports amounted to $8.9K in 2022. Over the period under review, imports, however, showed a perceptible reduction.

Import of Salts; Molybdates in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A8.70%
France9.84.27.80.2-72.7%
MaltaN/A4.9N/AN/A0%
Others0.30.20.8N/A63.3%
Total10.19.38.68.9-4.1%

Top Suppliers of Salts; Molybdates to Libya in 2022:

  1. Italy (1513.0 kg)
  2. France (30.0 kg)

Source: IndexBox Market Intelligence Platform

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