Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya - 2022

Contents:

  1. Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya (CIF) - 2022
  2. Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya

Price for Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya (CIF) - 2022

In 2022, the average import price for aluminium oxide (including artificial corundum); aluminium hydroxide amounted to $3,283 per ton, with an increase of 48% against the previous year. Over the period under review, the import price posted a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 136%. Over the period under review, average import prices reached the maximum in 2022 and is expected to retain growth in the near future.

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 the UK ($5,094 per ton), while the price for Turkey ($642 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya

In 2022, approx. 22 tons of aluminium oxide (including artificial corundum); aluminium hydroxide were imported into Libya; rising by 18% compared with the previous year. Overall, imports, however, recorded a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 117%.

In value terms, imports of aluminium oxide (including artificial corundum); aluminium hydroxide skyrocketed to $72K in 2022. In general, imports, however, saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 111%.

Import of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France5733.6N/A61.4-52.5%
ItalyN/A2.318.93.319.8%
ChinaN/AN/AN/A3.00%
United Kingdom18.711.0N/A2.3-50.3%
Turkey23.4N/A4.30.1-83.8%
Brazil57.6N/AN/AN/A0%
Others8.82.918.42.0-39.0%
Total68119.741.572.1-52.7%

Top Suppliers of Aluminium Oxide (Including Artificial Corundum); Aluminium Hydroxide to Libya in 2022:

  1. France (17.2 tons)
  2. China (2.0 tons)
  3. Italy (1.7 tons)
  4. United Kingdom (0.5 tons)
  5. Turkey (0.1 tons)

Source: IndexBox Market Intelligence Platform

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