Price for Copper Alloy Tube or Pipe Fitting in Libya - 2022

Contents:

1. Price for Copper Alloy Tube or Pipe Fitting in Libya (CIF) - 2022
2. Imports of Copper Alloy Tube or Pipe Fitting in Libya

Price for Copper Alloy Tube or Pipe Fitting in Libya (CIF) - 2022

In 2022, the average import price for tube or pipe fittings, couplings, elbows, sleeves of copper alloys amounted to $12,790 per ton, rising by 8% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 32% against the previous year. Over the period under review, average import prices reached the peak figure in 2022 and is likely to continue growth in years to come.

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 Germany ($43,641 per ton), while the price for China ($5,819 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+8.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Copper Alloy Tube or Pipe Fitting in Libya

Imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys into Libya declined dramatically to 199 tons in 2022, waning by -17.2% compared with the year before. Overall, imports recorded a abrupt shrinkage. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. As a result, imports reached the peak of 240 tons, and then contracted rapidly in the following year.

In value terms, imports of tube or pipe fittings, couplings, elbows, sleeves of copper alloys dropped to $2.5M in 2022. In general, imports recorded a slight curtailment. The pace of growth was the most pronounced in 2021 when imports increased by 61%. As a result, imports attained the peak of $2.8M, and then dropped in the following year.

Top Suppliers of Copper Alloy Tube or Pipe Fitting to Libya in 2022:

1. Turkey (66.8 tons)
2. China (62.8 tons)
3. Italy (55.0 tons)
4. Germany (8.4 tons)

Source: IndexBox Market Intelligence Platform