Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya - 2022
Contents:
- Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya (CIF) - 2022
- Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya
Price for Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya (CIF) - 2022
The average import price for iron or non-alloy steel wire, plated or coated with zincs stood at $6,019 per ton in 2022, increasing by 318% against the previous year. Over the period under review, the import price saw a prominent expansion. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
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 Egypt ($7,554 per ton), while the price for Turkey ($4,441 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+32.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya
Imports of iron or non-alloy steel wire, plated or coated with zincs into Libya soared to 7.1K tons in 2022, growing by 65% on 2021. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.6% 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 +82.0% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of iron or non-alloy steel wire, plated or coated with zincs skyrocketed to $43M in 2022. Overall, imports saw a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.5 | 5.0 | 5.2 | 41.4 | 85.4% |
| Turkey | 0.2 | 0.2 | 0.3 | 0.6 | 44.2% |
| Egypt | 0.2 | 0.2 | 0.6 | 0.6 | 44.2% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 6.9 | 5.4 | 6.2 | 42.6 | 83.5% |
Top Suppliers of Iron or Non-Alloy Steel Wire, Plated or Coated with Zinc to Libya in 2022:
- China (6.9K tons)
- Turkey (0.1K tons)
- Egypt (0.1K tons)
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This report provides an in-depth analysis of the market for iron and steel wire in Libya.
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This report provides an in-depth analysis of the market for iron and steel wire in Libya.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the market for iron and steel wire in Libya.
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This report provides an in-depth analysis of the market for iron and steel wire in Libya.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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This report provides an in-depth analysis of the global market for iron and steel wire.
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