Report Update Feb 1, 2025

Libya - Tube or Pipe Fittings (Of Iron or Steel) - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Tube Or Pipe Fittings (Of Iron Or Steel) 2025

Market Size for Tube Or Pipe Fittings (Of Iron Or Steel) in Libya

The Libyan market for tube or pipe fittings (of iron or steel) surged to $X in 2022, picking up by 28% 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, however, showed a relatively flat trend pattern. Iron or steel tube fitting consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Exports of Tube Or Pipe Fittings (Of Iron Or Steel)

Exports from Libya

In 2022, the amount of tube or pipe fittings (of iron or steel) exported from Libya reduced to X tons, shrinking by -12.7% on the previous year. Overall, exports showed a slight decrease. The pace of growth appeared the most rapid in 2018 with an increase of 125%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, iron or steel tube fitting exports shrank to $X in 2022. Over the period under review, exports showed a deep downturn. The pace of growth was the most pronounced in 2018 when exports increased by 101% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Tunisia (X tons) was the main destination for iron or steel tube fitting exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Tunisia amounted to -1.3%.

In value terms, Tunisia ($X) also remains the key foreign market for tube or pipe fittings (of iron or steel) exports from Libya.

From 2012 to 2022, the average annual rate of growth in terms of value to Tunisia amounted to -7.9%.

Export Prices by Country

In 2022, the average export price for tube or pipe fittings (of iron or steel) amounted to $X per ton, picking up by 6.1% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2016 an increase of 76% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Tunisia amounted to -6.7% per year.

Imports of Tube Or Pipe Fittings (Of Iron Or Steel)

Imports into Libya

After two years of decline, purchases abroad of tube or pipe fittings (of iron or steel) increased by 24% to X tons in 2022. Overall, imports, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 144%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, iron or steel tube fitting imports skyrocketed to $X in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 133% against the previous year. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest iron or steel tube fitting supplier to Libya, with a 25% share of total imports. Moreover, iron or steel tube fitting imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+8.3% per year) and Italy (-4.2% per year).

In value terms, the UK ($X), China ($X) and Italy ($X) constituted the largest iron or steel tube fitting suppliers to Libya, together comprising 41% of total imports. Canada, India, Turkey, the United Arab Emirates, the United States, Tunisia, South Korea, Belgium, Oman and Saudi Arabia lagged somewhat behind, together accounting for a further 45%.

India, with a CAGR of +22.6%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for tube or pipe fittings (of iron or steel) amounted to $X per ton, increasing by 3.4% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.7%. The pace of growth was the most pronounced in 2015 when the average import price increased by 43%. The import price peaked at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+12.5%), 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 tube or pipe fittings (of iron or steel) in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 41% of global consumption. Japan, Brazil, Indonesia, Germany, Mexico, Russia, South Korea, Italy, Turkey and Thailand lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of tube or pipe fittings (of iron or steel) in the world?

China remains the largest iron or steel tube fitting producing country worldwide, comprising approx. 48% of total volume. Moreover, iron or steel tube fitting production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Italy, with a 4.1% share.

What are the leading suppliers of tube or pipe fittings (of iron or steel) to Libya?

In value terms, the largest iron or steel tube fitting suppliers to Libya were China, Belgium and Italy, together comprising 53% of total imports.

What are the leading importers of tube or pipe fittings (of iron or steel) from Libya?

In value terms, Tunisia remains the key foreign market for iron or steel tube fitting exports from Libya.

What is the average export price for tube or pipe fittings (of iron or steel) in Libya?

In 2021, the average export price for tube or pipe fittings of iron or steel) amounted to $3,830 per ton, with a decrease of -8.3% against the previous year.

What is the average import price for tube or pipe fittings (of iron or steel) in Libya?

In 2021, the average import price for tube or pipe fittings of iron or steel) amounted to $6,808 per ton, reducing by -7.8% against the previous year.

This report provides an in-depth analysis of the market for iron or steel tube fitting 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 24204010 - Flanges, of steel (excluding cast fittings)
Prodcom 24204030 - Elbows, bends, couplings, sleeves and other threaded tube or pipe fittings, of steel (excluding cast fittings)
Prodcom 24204050 - Elbows, bends, couplings and sleeves and other socket welding tube or pipe fittings, of steel (excluding cast fittings)
Prodcom 24204073 - Butt welding elbows and bends, for tubes or pipes, of steel (excluding cast fittings)
Prodcom 24204075 - Butt welding tube or pipe fittings, other than elbows and bends, of steel (excluding cast fittings)
Prodcom 24513030 - Tube or pipe fittings, of non-malleable cast iron
Prodcom 24513050 - Tube or pipe fittings of malleable cast iron
Prodcom 24523000 - Tube or pipe fittings of cast steel

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