Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya - 2022
Contents:
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (CIF) - 2022
- Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (FOB) - 2022
- Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya
- Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (CIF) - 2022
The average import price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $145 per ton in 2022, with an increase of 36% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Canada ($627 per ton), while the price for Brazil ($115 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+13.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (FOB) - 2022
The average export price for iron ores and concentrates, agglomerated (excluding roasted iron pyrites) stood at $187 per ton in 2022, remaining stable against the previous year. In general, the export price saw a mild slump. The growth pace was the most rapid in 2020 when the average export price increased by 56%. The export price peaked at $221 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to -1.7% per year.
Imports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya
Imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) into Libya declined rapidly to 1M tons in 2022, shrinking by -25.4% against 2021. In general, imports saw a dramatic curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 347% against the previous year.
In value terms, imports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) amounted to $145M in 2022. Over the period under review, imports showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 408%.
| Import of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 162 | 10.3 | 94.0 | 84.7 | -19.4% |
| Bahrain | 28.0 | 12.8 | 36.5 | 47.9 | 19.6% |
| Canada | 13.0 | 5.0 | 12.3 | 12.2 | -2.1% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 203 | 28.1 | 143 | 145 | -10.6% |
Top Suppliers of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) to Libya in 2022:
- Brazil (735.5K tons)
- Bahrain (246.0K tons)
- Canada (19.4K tons)
Exports of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya
In 2022, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) from Libya was estimated at 119K tons, remaining constant against the year before. Overall, exports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 373%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of iron ores and concentrates, agglomerated (excluding roasted iron pyrites) totaled $22M in 2022. Over the period under review, exports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 639%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the near future.
| Export of Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1.5 | 11.0 | 4.0 | 22.2 | 145.5% |
| Indonesia | N/A | N/A | 9.0 | N/A | 0% |
| Others | N/A | N/A | 9.0 | N/A | 0% |
| Total | 1.5 | 11.0 | 22.0 | 22.2 | 145.5% |
Top Export Markets for Iron Ore and Concentrate, Agglomerated (Excluding Roasted Iron Pyrites) from Libya in 2022:
- China (118.7K tons)
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This report provides an in-depth analysis of the iron ore market in Libya.
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This report provides an in-depth analysis of the roasted iron pyrites market in Libya.
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