Price for Metals; Silver, Unwrought, (But Not Powder) in Libya - 2022

Contents:

  1. Price for Metals; Silver, Unwrought, (But Not Powder) in Libya (FOB) - 2022
  2. Price for Metals; Silver, Unwrought, (But Not Powder) in Libya (CIF) - 2022
  3. Exports of Metals; Silver, Unwrought, (But Not Powder) in Libya
  4. Imports of Metals; Silver, Unwrought, (But Not Powder) in Libya

Price for Metals; Silver, Unwrought, (But Not Powder) in Libya (FOB) - 2022

In 2022, the average export price for metals; silver, unwrought, (but not powder) amounted to $722,701 per ton, waning by -9% against the previous year. Over the period under review, the export price showed a pronounced slump. The most prominent rate of growth was recorded in 2020 when the average export price increased by 26%. Over the period under review, the average export prices hit record highs at $1,022,085 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($727,133 per ton), while the average price for exports to Turkey stood at $713,447 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (-3.4%).

Price for Metals; Silver, Unwrought, (But Not Powder) in Libya (CIF) - 2022

In 2022, the average import price for metals; silver, unwrought, (but not powder) amounted to $682,952 per ton, with an increase of 2.1% against the previous year. Over the period under review, the import price, however, saw a pronounced contraction. The growth pace was the most rapid in 2019 an increase of 12%. Over the period under review, average import prices reached the peak figure at $951,950 per ton in 2012; however, from 2013 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 the United Arab Emirates ($1,260,300 per ton), while the price for Turkey stood at $603,863 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.0%).

Exports of Metals; Silver, Unwrought, (But Not Powder) in Libya

In 2022, after two years of decline, there was significant growth in overseas shipments of metals; silver, unwrought, (but not powder), when their volume increased by 168% to 1.7 tons. Over the period under review, exports continue to indicate a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of metals; silver, unwrought, (but not powder) skyrocketed to $1.2M in 2022. Overall, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Metals; Silver, Unwrought, (But Not Powder) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates25.260.7135843222.2%
Turkey3443783733964.8%
OthersN/AN/AN/AN/A0%
Total3704395081,23949.6%

Top Export Markets for Metals; Silver, Unwrought, (But Not Powder) from Libya in 2022:

  1. United Arab Emirates (1159.0 kg)
  2. Turkey (555.0 kg)

Imports of Metals; Silver, Unwrought, (But Not Powder) in Libya

In 2022, approx. 83 kg of metals; silver, unwrought, (but not powder) were imported into Libya; with an increase of 9.2% on the previous year. Over the period under review, imports, however, saw a precipitous curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 10% against the previous year.

In value terms, imports of metals; silver, unwrought, (but not powder) expanded notably to $57K in 2022. Overall, imports, however, showed a sharp decrease.

Import of Metals; Silver, Unwrought, (But Not Powder) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey13633.738.644.1-31.3%
United Arab Emirates14.511.912.312.6-4.6%
OthersN/AN/AN/AN/A0%
Total15145.650.856.7-27.9%

Top Suppliers of Metals; Silver, Unwrought, (But Not Powder) to Libya in 2022:

  1. Turkey (73.0 kg)
  2. United Arab Emirates (10.0 kg)

Source: IndexBox Market Intelligence Platform

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