Report Update Feb 1, 2025

Libya - Iron or Steel Springs - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Iron or Steel Flat Spiral or Discs Springs 2025

Market Size for Iron or Steel Flat Spiral or Discs Springs in Libya

After two years of decline, the Libyan market for iron or steel flat spiral or discs springs increased by 227% to $X in 2021. Overall, consumption showed a strong expansion. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in the near future.

Exports of Iron or Steel Flat Spiral or Discs Springs

Exports from Libya

In 2017, approx. X tons of iron or steel flat spiral or discs springs were exported from Libya; therefore, remained relatively stable against the year before. Over the period under review, exports recorded significant growth. The smallest decline of 99.9% was in 2016. The exports peaked in 2017 and are expected to retain growth in the immediate term.

In value terms, metal spiral or discs spring exports stood at $X in 2017. Overall, exports saw a noticeable curtailment. The smallest decline of 99.9% was in 2016. The exports peaked at $X in 2015; however, from 2016 to 2017, the exports stood at a somewhat lower figure.

Exports by Country

Malta (X tons) was the main destination for metal spiral or discs spring exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2017, the average annual rate of growth in terms of volume to Malta was relatively modest.

From 2012 to 2017, the average annual growth rate of value to Malta was relatively modest.

Export Prices by Country

In 2017, the average export price for iron or steel flat spiral or discs springs amounted to $X per ton, flattening at the previous year. Over the period under review, the export price saw a sharp downturn. The most prominent rate of growth was recorded in 2016 a decrease of 99.9%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2017, the export prices failed to regain momentum.

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

From 2012 to 2017, the rate of growth in terms of prices for Ghana amounted to -18.8% per year.

Imports of Iron or Steel Flat Spiral or Discs Springs

Imports into Libya

After two years of decline, overseas purchases of iron or steel flat spiral or discs springs increased by 231% to X tons in 2021. In general, imports enjoyed a resilient increase. The pace of growth was the most pronounced in 2018 when imports increased by 271% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to see steady growth in the immediate term.

In value terms, metal spiral or discs spring imports soared to $X in 2021. Over the period under review, imports recorded a remarkable increase. The pace of growth was the most pronounced in 2017 with an increase of 352% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.

Imports by Country

China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of metal spiral or discs spring imports to Libya, with a combined 84% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Italy (with a CAGR of +26.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of iron or steel flat spiral or discs springs to Libya, comprising 49% of total imports. The second position in the ranking was taken by Turkey ($X), with a 12% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +36.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.9% per year) and Italy (+28.4% per year).

Import Prices by Country

The average import price for iron or steel flat spiral or discs springs stood at $X per ton in 2021, falling by -2% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 76% against the previous year. Over the period under review, average import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was China ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+10.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel flat spiral or discs springs in the world?

China remains the largest metal spiral or discs spring consuming country worldwide, comprising approx. 28% of total volume. Moreover, metal spiral or discs spring consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by Germany, with a 10% share.

What are the largest producers of iron or steel flat spiral or discs springs in the world?

China remains the largest metal spiral or discs spring producing country worldwide, comprising approx. 31% of total volume. Moreover, metal spiral or discs spring production in China exceeded the figures recorded by the second-largest producer, Germany, threefold. The third position in this ranking was occupied by India, with an 11% share.

What are the leading suppliers of iron or steel flat spiral or discs springs to Libya?

In value terms, China, Turkey and Italy constituted the largest metal spiral or discs spring suppliers to Libya, together accounting for 62% of total imports. India lagged somewhat behind, accounting for a further 3.7%.

What is the average export price for iron or steel flat spiral or discs springs in Libya?

The average export price for iron or steel flat spiral or discs springs stood at $1,309 per ton in 2017, flattening at the previous year.

What is the average import price for iron or steel flat spiral or discs springs in Libya?

In 2021, the average import price for iron or steel flat spiral or discs springs amounted to $4,206 per ton, declining by -6.9% against the previous year.

This report provides an in-depth analysis of the market for metal spiral or discs spring in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25931653 - Iron or steel flat spiral springs
Prodcom 25931655 - Iron or steel discs springs
Prodcom 25931660 - Iron or steel springs (excluding leaf-springs and leaves therefor, helical springs, flat spiral springs, discs springs)

Country coverage:

Libya

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Libya
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024