Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya - 2022
Contents:
- Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (CIF) - 2022
- Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya
Price for Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (CIF) - 2022
The average import price for iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses stood at $672 per ton in 2022, with a decrease of -10.3% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 59% against the previous year. As a result, import price reached the peak level of $749 per ton, and then reduced in the following year.
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 ($1,154 per ton), while the price for Spain ($380 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+4.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya
In 2022, approx. 24K tons of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses were imported into Libya; dropping by -30.7% against the previous year. Over the period under review, imports continue to indicate a sharp decline. The pace of growth was the most pronounced in 2021 when imports increased by 159% against the previous year.
In value terms, imports of iron or non-alloy steel; bars and rods, hot-rolled, in irregularly wound coilses fell sharply to $16M in 2022. In general, imports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 312% against the previous year.
| Import of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils in Libya (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 3.3 | 1.9 | 8.9 | 6.3 | 24.1% |
| Turkey | 15.0 | 2.9 | 11.4 | 5.6 | -28.0% |
| Ukraine | 1.7 | 0.8 | 3.2 | 2.5 | 13.7% |
| Spain | 1.3 | 0.6 | 2.0 | 1.3 | 0.0% |
| Belarus | 4.2 | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | 0.1 | 0.1 | -20.6% |
| Total | 25.8 | 6.2 | 25.5 | 15.9 | -14.9% |
Top Suppliers of Iron or Non-Alloy Steel; Bars and Rods, Hot-Rolled, in Irregularly Wound Coils to Libya in 2022:
- Turkey (8.7K tons)
- Ukraine (5.9K tons)
- Egypt (5.4K tons)
- Spain (3.5K tons)
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