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Libya - Stainless Steel in Ingots or other Primary Forms - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Market for Stainless Steel in Ingots or other Primary Forms 2024
Market Size for Stainless Steel in Ingots or other Primary Forms in Libya
The Libyan market for stainless steel in ingots or other primary forms reached $X in 2023, increasing by X% against the previous year. Overall, consumption, however, continues to indicate a notable increase. Consumption of peaked in 2023 and is likely to see gradual growth in the immediate term.
Production of Stainless Steel in Ingots or other Primary Forms in Libya
In value terms, production of stainless steel in ingots or other primary forms soared to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2014 when the production volume increased by X% against the previous year. Over the period under review, production of hit record highs in 2023 and is expected to retain growth in the near future.
Exports of Stainless Steel in Ingots or other Primary Forms
Exports from Libya
In 2017, approx. X tons of stainless steel in ingots or other primary forms were exported from Libya; almost unchanged from the year before. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports of attained the maximum in 2017 and are expected to retain growth in the near future.
In value terms, exports of stainless steel in ingots or other primary forms totaled $X in 2017. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2017 and are likely to continue growth in the immediate term.
Exports by Country
Spain (X tons) was the main destination for exports of stainless steel in ingots or other primary forms from Libya, accounting for a approx. X% share of total exports.
From 2016 to 2017, the average annual rate of growth in terms of volume to Spain was relatively modest.
In value terms, Spain ($X) also remains the key foreign market for stainless steel in ingots or other primary forms exports from Libya.
From 2016 to 2017, the average annual growth rate of value to Spain was relatively modest.
Export Prices by Country
In 2017, the average export price for stainless steel in ingots or other primary forms amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price recorded a relatively flat trend pattern. The export price peaked in 2017 and is likely to see steady growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Spain.
From 2016 to 2017, the rate of growth in terms of prices for Spain amounted to X% per year.
Imports of Stainless Steel in Ingots or other Primary Forms
Imports into Libya
In 2023, the amount of stainless steel in ingots or other primary forms imported into Libya contracted notably to X kg, shrinking by X% on the previous year. Overall, imports showed a deep reduction. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2023, imports failed to regain momentum.
In value terms, imports of stainless steel in ingots or other primary forms fell to $X in 2023. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2015 when imports increased by X%. Over the period under review, imports of reached the peak figure at $X in 2013; however, from 2014 to 2023, imports remained at a lower figure.
Imports by Country
In 2023, Germany (X kg) constituted the largest stainless steel in ingots or other primary forms supplier to Libya, accounting for a X% share of total imports. Moreover, imports of stainless steel in ingots or other primary forms from Germany exceeded the figures recorded by the second-largest supplier, the UK (X kg), threefold. Italy (X kg) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and Italy (X% per year).
In value terms, the largest stainless steel in ingots or other primary forms suppliers to Libya were the UK ($X), Italy ($X) and Germany ($X), together comprising X% of total imports.
The UK, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Import Prices by Country
In 2023, the average import price for stainless steel in ingots or other primary forms amounted to $X per ton, rising by X% against the previous year. Overall, the import price recorded a prominent expansion. The growth pace was the most rapid in 2014 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure in 2023 and is expected to retain growth in the near future.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for stainless steel in ingots or other primary forms in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24102210 - Flat semi-finished products (slabs) (of stainless steel)
- Prodcom 24102221 - Ingots, other primary forms and long semi-finished products for seamless tubes (of stainless steel)
- Prodcom 24102222 - Other ingots, primary forms and long semi-finished products (of stainless steel)
- Prodcom 241022Z0 - Ingots, other primary forms and long semi-finished products, o f stainless steel
Country coverage:
- Libya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Libya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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