Price for Copper; Powders and Flakes in Libya - 2022

Price for Copper; Powders and Flakes in Libya (CIF) - 2022

In 2022, the average copper; powders and flakes import price amounted to $12,312 per ton, increasing by 9% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The growth pace was the most rapid in 2018 when the average import price increased by 59% against the previous year. Over the period under review, average import prices hit record highs at $24,908 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Turkey.

From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to -2.1% per year.

Imports of Copper; Powders and Flakes in Libya

After three years of growth, supplies from abroad of copper; powders and flakeses decreased by -66.8% to 314 kg in 2022. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 226% against the previous year. As a result, imports reached the peak of 946 kg, and then fell notably in the following year.

In value terms, copper; powders and flakes imports contracted notably to $3.9K in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 187% against the previous year. As a result, imports reached the peak of $11K, and then reduced sharply in the following year.