Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya - 2022

Contents:

  1. Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya (CIF) - 2022
  2. Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya

Price for Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya (CIF) - 2022

The average import price for copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses stood at $1,288 per ton in 2022, reducing by -11.3% against the previous year. In general, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 2.1% against the previous year. Over the period under review, average import prices attained the peak figure at $10,443 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for Egypt.

From 2012 to 2022, the rate of growth in terms of prices for Egypt amounted to -18.8% per year.

Imports of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya

For the fourth year in a row, Libya recorded growth in overseas purchases of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses, which increased by 8% to 68 tons in 2022. The total import volume increased at an average annual rate of +8.0% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 8% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, imports of copper; strip, of a thickness exceeding 0.15mm, of refined copper, in coilses dropped modestly to $88K in 2022. In general, imports, however, saw a pronounced reduction. The smallest decline of -4.3% was in 2021.

Import of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Egypt99.595.190.687.2-4.3%
Turkey0.20.40.70.20.0%
Others0.10.10.10.10.0%
Total99.895.691.587.6-4.3%

Top Suppliers of Copper; Strip, of A Thickness Exceeding 0.15mm, of Refined Copper, in Coils to Libya in 2022:

  1. Egypt (66.8 tons)
  2. Turkey (0.9 tons)

Source: IndexBox Market Intelligence Platform

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