Report Update Mar 1, 2025

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

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Libya: Metal Washer Market 2025

Metal Washer Market Size in Libya

The Libyan metal washer market soared to $X in 2021, with an increase of 66% 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 recorded a resilient expansion. Over the period under review, the market attained the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Metal Washer Exports

Exports from Libya

For the fourth year in a row, Libya recorded decline in shipments abroad of iron or steel washers, which decreased by -50% to X kg in 2020. In general, exports showed a significant decline. The smallest decline of -16.7% was in 2017. The exports peaked at X kg in 2016; however, from 2017 to 2020, the exports remained at a lower figure.

In value terms, metal washer exports reduced markedly to $X in 2020. Over the period under review, exports continue to indicate a drastic downturn. The smallest decline of -16% was in 2018. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

The Dominican Republic (X kg) was the main destination for metal washer exports from Libya, with a 75% share of total exports. Moreover, metal washer exports to the Dominican Republic exceeded the volume sent to the second major destination, South Africa (X kg), threefold.

From 2012 to 2020, the average annual rate of growth in terms of volume to the Dominican Republic was relatively modest.

In value terms, the Dominican Republic ($X) emerged as the key foreign market for iron or steel washers exports from Libya, comprising 99% of total exports. The second position in the ranking was held by South Africa ($X), with a 0.8% share of total exports.

From 2012 to 2020, the average annual growth rate of value to the Dominican Republic was relatively modest.

Export Prices by Country

In 2020, the average metal washer export price amounted to $X per ton, declining by -22.6% against the previous year. Over the period under review, the export price, however, posted resilient growth. The pace of growth was the most pronounced in 2019 an increase of 83%. As a result, the export price reached the peak level of $X per ton, and then dropped notably in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, amid the top suppliers, the country with the highest price was the Dominican Republic ($X per ton), while the average price for exports to South Africa totaled $X per ton.

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+45.5%).

Metal Washer Imports

Imports into Libya

In 2021, imports of iron or steel washers into Libya skyrocketed to X tons, increasing by 59% against the previous year. In general, imports recorded a remarkable increase. The growth pace was the most rapid in 2019 with an increase of 476% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, metal washer imports surged to $X in 2021. Over the period under review, imports continue to indicate a perceptible increase. The growth pace was the most rapid in 2019 with an increase of 179%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of metal washer to Libya, accounting for a 87% share of total imports. Moreover, metal washer imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by Turkey (X tons), with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.4% per year) and Turkey (+11.9% per year).

In value terms, China ($X) constituted the largest supplier of iron or steel washers to Libya, comprising 59% of total imports. The second position in the ranking was held by Germany ($X), with a 23% share of total imports. It was followed by Turkey, with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +24.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.2% per year) and Turkey (+13.1% per year).

Import Prices by Country

The average metal washer import price stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 76% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel washers in the world?

China remains the largest metal washer consuming country worldwide, accounting for 26% of total volume. Moreover, metal washer consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.

What are the largest producers of iron or steel washers in the world?

China remains the largest metal washer producing country worldwide, accounting for 44% of total volume. Moreover, metal washer production in China exceeded the figures recorded by the second-largest producer, India, fourfold. The third position in this ranking was occupied by Indonesia, with a 4.9% share.

What are the leading suppliers of iron or steel washers to Libya?

In value terms, China constituted the largest supplier of metal washer to Libya, comprising 47% of total imports. The second position in the ranking was occupied by South Korea, with a 4.9% share of total imports. It was followed by Turkey, with a 4% share.

What are the leading importers of iron or steel washers from Libya?

In value terms, Indonesia $462) remains the key foreign market for metal washer exports from Libya.

What is the average export price for iron or steel washers in Libya?

The average metal washer export price stood at $115,500 per ton in 2021, growing by 29% against the previous year.

What is the average import price for iron or steel washers in Libya?

The average metal washer import price stood at $4,259 per ton in 2021, falling by -15.7% against the previous year.

This report provides an in-depth analysis of the metal washer market 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 25941230 - Iron or steel washers (excluding spring washers and other lock washers)

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