Report Update Nov 1, 2024

Libya - Iron Ores - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Iron Ore Market 2021

Iron Ore Market Size in Libya

In 2019, the Libyan iron ore market increased by X% to $X, rising for the third consecutive year after three years of decline. Overall, consumption, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2011 to 2019, the growth of the market remained at a lower figure.

Iron Ore Exports

Exports from Libya

In 2019, overseas shipments of iron ores decreased by -X% to X tons, falling for the eighth consecutive year after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2010 when exports increased by X% year-to-year. Over the period under review, exports hit record highs at X tons in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

In value terms, iron ore exports fell to $X in 2019. In general, exports saw a precipitous setback. The pace of growth was the most pronounced in 2010 when exports increased by X% y-o-y. Exports peaked at $X in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

Exports by Country

China (X tons) was the main destination for iron ore exports from Libya, accounting for a approx. X% share of total exports.

From 2007 to 2019, the average annual rate of growth in terms of volume to China amounted to -X%.

In value terms, China ($X) also remains the key foreign market for iron ore exports from Libya.

From 2007 to 2019, the average annual rate of growth in terms of value to China stood at -X%.

Export Prices by Country

In 2019, the average iron ore export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price recorded a mild increase. The most prominent rate of growth was recorded in 2010 when the average export price increased by X% against the previous year. As a result, export price reached the peak level of $X per ton. From 2011 to 2019, the growth in terms of the average export prices remained at a lower figure.

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

From 2007 to 2019, the rate of growth in terms of prices for China amounted to -X% per year.

Iron Ore Imports

Imports into Libya

In 2019, purchases abroad of iron ores increased by X% to X tons, rising for the third year in a row after three years of decline. Over the period under review, imports, however, recorded a mild decline. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tons in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, iron ore imports soared to $X in 2019. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. As a result, imports reached the peak of $X. From 2011 to 2019, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2019, Brazil (X tons) was the main iron ore supplier to Libya, with a X% share of total imports. It was followed by Canada (X tons), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of volume from Brazil amounted to +X%.

In value terms, Brazil ($X) constituted the largest supplier of iron ore to Libya, comprising X% of total imports. The second position in the ranking was occupied by Canada ($X), with a X% share of total imports.

From 2007 to 2019, the average annual rate of growth in terms of value from Brazil stood at +X%.

Import Prices by Country

The average iron ore import price stood at $X per ton in 2019, which is down by -X% against the previous year. Overall, the import price, however, posted a tangible expansion. The pace of growth was the most pronounced in 2008 an increase of X% y-o-y. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Canada ($X per ton), while the price for Brazil stood at $X per ton.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Brazil.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron ores in the world?

The country with the largest volume of iron ore consumption was China, comprising approx. 54% of total volume. Moreover, iron ore consumption in China exceeded the figures recorded by the second-largest consumer, India, eightfold. The third position in this ranking was occupied by Australia, with a 6.1% share.

What are the largest producers of iron ores in the world?

The countries with the highest volumes of iron ore production in 2019 were Australia, Brazil and China, together comprising 70% of global production.

What are the leading suppliers of iron ores to Libya?

In value terms, Brazil constituted the largest supplier of iron ore to Libya, comprising 94% of total imports. The second position in the ranking was occupied by Canada, with a 6.3% share of total imports.

What are the leading importers of iron ores from Libya?

In value terms, China remains the key foreign market for iron ore exports from Libya.

What is the average export price for iron ores in Libya?

In 2019, the average iron ore export price amounted to $123 per ton, increasing by 1.7% against the previous year.

What is the average import price for iron ores in Libya?

The average iron ore import price stood at $97 per ton in 2019, dropping by -6% against the previous year.

This report provides an in-depth analysis of the iron ore 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 2025.

Product coverage:

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 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
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 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
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, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023