Libya: Market for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm 2024

Market Size for Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm in Libya

The Libyan market for aluminium plates, sheets and strip of thickness over X mm contracted slightly to $X in 2022, falling by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a abrupt decline. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market failed to regain momentum.

Exports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Exports from Libya

Exports of aluminium plates, sheets and strip of thickness over X mm from Libya stood at X kg in 2015, approximately mirroring the previous year's figure. Overall, exports saw a deep reduction. The smallest decline of X% was in 2014. Over the period under review, the exports of attained the maximum at X kg in 2013; however, from 2014 to 2015, the exports stood at a somewhat lower figure.

In value terms, exports of aluminium plates, sheets and strip of thickness over X mm amounted to $X in 2015. Over the period under review, exports saw a precipitous setback. The smallest decline of X% was in 2014. Over the period under review, the exports of reached the peak figure at $X in 2013; however, from 2014 to 2015, the exports remained at a lower figure.

Exports by Country

The Netherlands (X kg) was the main destination for exports of aluminium plates, sheets and strip of thickness over X mm from Libya, accounting for a approx. X% share of total exports.

From 2013 to 2015, the average annual growth rate of volume to the Netherlands was relatively modest.

From 2013 to 2015, the average annual rate of growth in terms of value to the Netherlands was relatively modest.

Export Prices by Country

The average export price for aluminium plates, sheets and strip of thickness over X mm stood at $X per ton in 2015, approximately mirroring the previous year. Overall, the export price recorded a deep downturn. The growth pace was the most rapid in 2014 when the average export price decreased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2015, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2013 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Imports of Aluminium Plates, Sheets and Strip of Thickness over 0.2 mm

Imports into Libya

In 2022, imports of aluminium plates, sheets and strip of thickness over X mm into Libya declined modestly to X tons, reducing by X% against 2021 figures. Overall, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of aluminium plates, sheets and strip of thickness over X mm contracted to $X in 2022. Over the period under review, imports continue to indicate a deep setback. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports of failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of aluminium plate, sheet and strip of thickness over X mm to Libya, with a X% share of total imports. Moreover, imports of aluminium plates, sheets and strip of thickness over X mm from China exceeded the figures recorded by the second-largest supplier, India (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: India (X% per year) and Turkey (X% per year).

In value terms, the largest aluminium plate, sheet and strip of thickness over X mm suppliers to Libya were Egypt ($X), China ($X) and India ($X), with a combined X% share of total imports. Turkey, Austria, Germany and the Netherlands lagged somewhat behind, together accounting for a further X%.

Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for aluminium plates, sheets and strip of thickness over X mm amounted to $X per ton, leveling off at the previous year. Overall, import price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for aluminium plates, sheets and strip of thickness over X mm decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average 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 Austria ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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