Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Libya - 2022

Contents:

1. Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Libya (CIF) - 2022
2. Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Libya

Price for Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Libya (CIF) - 2022

In 2022, the average import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s amounted to $8,053 per ton, picking up by 3.9% against the previous year. Over the period under review, import price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s increased by +2.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 67% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +20.4% per year.

Imports of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 in Libya

Imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s into Libya declined markedly to 2.8 tons in 2022, which is down by -89.9% on the previous year. Over the period under review, imports recorded a dramatic descent. The most prominent rate of growth was recorded in 2021 with an increase of 951% against the previous year.

In value terms, imports of steel, stainless; flat-rolled, width less than 600mm, nes in heading no 7220s contracted dramatically to $22K in 2022. In general, imports continue to indicate a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 1,054%.

Top Suppliers of Steel, Stainless; Flat-Rolled, Width Less than 600mm, Nes in Heading No 7220 to Libya in 2022:

1. Hungary (2.7 tons)