Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya - 2022

Contents:

  1. Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya (CIF) - 2022
  2. Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya

Price for Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya (CIF) - 2022

In 2022, the average import price for aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s amounted to $1,651 per ton, falling by -5.8% against the previous year. Overall, the import price saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when the average import price increased by 36%. Over the period under review, average import prices reached the maximum at $4,483 per ton in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

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 ($8,440 per ton), while the price for China ($892 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+34.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya

In 2022, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s into Libya soared to 2K tons, jumping by 19% compared with 2021. Over the period under review, imports posted significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 81%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of aluminium; plates, sheets and strip, thickness exceeding 0.2mm, alloys, rectangular (including square)s reached $3.2M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +91.5% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 71%. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China9315041,1691,35113.2%
Germany436426335424-0.9%
Tunisia3152603063644.9%
Netherlands24321126233010.7%
Turkey8.510.834.6324236.5%
Egypt11764.815325129.0%
Greece98.878.188.11010.7%
Others32313354386.3-35.6%
Total2,4731,6872,8913,2319.3%

Top Suppliers of Aluminium; Plates, Sheets and Strip, Thickness Exceeding 0.2mm, Alloys, Rectangular (Including Square) to Libya in 2022:

  1. China (1515.5 tons)
  2. Turkey (106.1 tons)
  3. Netherlands (94.6 tons)
  4. Tunisia (82.0 tons)
  5. Egypt (54.7 tons)
  6. Germany (50.2 tons)
  7. Greece (37.7 tons)

Source: IndexBox Market Intelligence Platform

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