Libya: Threaded Metal Articles Market 2025

Threaded Metal Articles Market Size in Libya

The Libyan threaded metal articles market surged to $X in 2021, increasing by 21% 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). In general, consumption saw a buoyant expansion. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Threaded Metal Articles Exports

Exports from Libya

In 2021, the amount of threaded articles of iron or steel exported from Libya totaled X kg, flattening at the previous year's figure. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2013 with an increase of 66% against the previous year. As a result, the exports attained the peak of X kg. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, threaded metal articles exports stood at $X in 2021. Overall, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of 23% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X kg) was the main destination for threaded metal articles exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United Arab Emirates was relatively modest.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

The average threaded metal articles export price stood at $X per ton in 2021, almost unchanged from the previous year. Overall, the export price posted a perceptible increase. The growth pace was the most rapid in 2013 when the average export price decreased by -25.8% against the previous year. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

From 2012 to 2021, the rate of growth in terms of prices for Austria amounted to 0.0% per year.

Threaded Metal Articles Imports

Imports into Libya

In 2021, approx. X tons of threaded articles of iron or steel were imported into Libya; jumping by 39% compared with the year before. Overall, imports saw a strong expansion. The pace of growth appeared the most rapid in 2019 with an increase of 251% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, threaded metal articles imports amounted to $X in 2021. Over the period under review, imports saw a slight increase. The most prominent rate of growth was recorded in 2018 when imports increased by 89%. 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 threaded metal articles supplier to Libya, accounting for a 65% share of total imports. Moreover, threaded metal articles imports from China exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. The third position in this ranking was held by Lebanon (X tons), with a 9.5% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +17.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+21.3% per year) and Lebanon (0.0% per year).

In value terms, China ($X) constituted the largest supplier of threaded articles of iron or steel to Libya, comprising 45% of total imports. The second position in the ranking was held by Italy ($X), with a 16% share of total imports. It was followed by Turkey, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +16.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+15.5% per year) and Turkey (-4.1% per year).

Import Prices by Country

In 2021, the average threaded metal articles import price amounted to $X per ton, dropping by -26.1% against the previous year. Overall, the import price saw a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 40% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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