Alkali Metals; Sodium Price in Libya - 2022
Contents:
Alkali Metals; Sodium Price in Libya (CIF) - 2022
The average alkali metals; sodium import price stood at $16,037 per ton in 2022, waning by -3.4% against the previous year. Over the period under review, the import price, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 an increase of 98% against the previous year. The import price peaked at $16,606 per ton in 2021, and then dropped slightly in the following year.
As there is only one major supplying country, the average price level is determined by prices for Egypt.
From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to +29.8% per year.
Alkali Metals; Sodium Imports in Libya
Alkali metals; sodium imports into Libya stood at 1.3 tons in 2022, increasing by 3.3% compared with 2021. Over the period under review, total imports indicated a significant expansion from 2019 to 2022: its volume increased at an average annual rate of +23.2% 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 -3.1% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 93%. As a result, imports reached the peak of 1.3 tons; afterwards, it flattened through to 2022.
In value terms, alkali metals; sodium imports contracted slightly to $21K in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +98.2% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 98%.
| Import of Alkali Metals; Sodium in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 10.4 | 20.6 | 20.7 | 20.7 | 25.8% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 10.4 | 20.6 | 20.7 | 20.7 | 25.8% |
Top Suppliers of Alkali Metals; Sodium to Libya in 2022:
- Egypt (1.3 tons)
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