Report Update Nov 1, 2024

Libya - Non-Alloy Aluminium Bars, Rods and Profiles - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Non-Alloy Aluminium Bar Market 2024

Non-Alloy Aluminium Bar Market Size in Libya

The Libyan non-alloy aluminium bar market skyrocketed to $X in 2021, jumping by 229% 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, however, saw a abrupt curtailment. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Non-Alloy Aluminium Bar Exports

Exports from Libya

In 2015, after two years of decline, there was decline in shipments abroad of non-alloy aluminium bars, rods and profiles, when their volume decreased by 0% to X tons. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2015 and are expected to retain growth in the near future.

In value terms, non-alloy aluminium bar exports amounted to $X in 2015. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2013. The exports peaked in 2015 and are likely to continue growth in the near future.

Exports by Country

Turkey (X tons) was the main destination for non-alloy aluminium bar exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to Turkey was relatively modest.

From 2012 to 2015, the average annual growth rate of value to Turkey was relatively modest.

Export Prices by Country

In 2015, the average non-alloy aluminium bar export price amounted to $X per ton, leveling off at the previous year. In general, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2013 when the average export price decreased by 99.9% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2015, the export prices stood at a somewhat lower figure.

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

From 2012 to 2015, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Non-Alloy Aluminium Bar Imports

Imports into Libya

In 2021, imports of non-alloy aluminium bars, rods and profiles into Libya skyrocketed to X tons, surging by 254% on the previous year. In general, imports, however, showed a deep downturn. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, non-alloy aluminium bar imports soared to $X in 2021. Overall, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 259% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Bahrain (X tons) constituted the largest supplier of non-alloy aluminium bar to Libya, accounting for a 70% share of total imports. Moreover, non-alloy aluminium bar imports from Bahrain exceeded the figures recorded by the second-largest supplier, Italy (X tons), eightfold. The third position in this ranking was taken by Turkey (X tons), with a 2.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Bahrain amounted to -19.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.0% per year) and Turkey (-19.6% per year).

In value terms, Bahrain ($X) constituted the largest supplier of non-alloy aluminium bars, rods and profiles to Libya, comprising 58% of total imports. The second position in the ranking was held by Italy ($X), with a 14% share of total imports. It was followed by Turkey, with a 3.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Bahrain totaled -11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+11.3% per year) and Turkey (-8.0% per year).

Import Prices by Country

In 2021, the average non-alloy aluminium bar import price amounted to $X per ton, which is down by -9.1% against the previous year. In general, the import price, however, showed prominent growth. The pace of growth was the most pronounced in 2015 an increase of 56%. Over the period under review, average import prices reached the peak figure at $X per ton in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+14.5%), 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 non-alloy aluminium bars, rods and profiles in the world?

The country with the largest volume of non-alloy aluminium bar consumption was China, comprising approx. 22% of total volume. Moreover, non-alloy aluminium bar consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., threefold. Turkey ranked third in terms of total consumption with a 7.2% share.

What are the largest producers of non-alloy aluminium bars, rods and profiles in the world?

The countries with the highest volumes of non-alloy aluminium bar production in 2020 were China, Mozambique and the U.S., together accounting for 38% of global production. These countries were followed by Turkey, Japan, Russia, Germany, Brazil, Indonesia, the UK, Italy, France and Spain, which together accounted for a further 36%.

What are the leading suppliers of non-alloy aluminium bars, rods and profiles to Libya?

In value terms, Bahrain constituted the largest supplier of non-alloy aluminium bar to Libya, comprising 80% of total imports. The second position in the ranking was occupied by the United Arab Emirates, with a 11% share of total imports. It was followed by Turkey, with a 2% share.

What is the average export price for non-alloy aluminium bars, rods and profiles in Libya?

In 2015, the average non-alloy aluminium bar export price amounted to $1,327 per ton, flattening at the previous year.

What is the average import price for non-alloy aluminium bars, rods and profiles in Libya?

The average non-alloy aluminium bar import price stood at $6,062 per ton in 2020, waning by -8% against the previous year.

This report provides an in-depth analysis of the non-alloy aluminium bar 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 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)

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