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Libya - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoring Machinery Price in Libya - 2022
Contents:
- Boring Machinery Price in Libya (CIF) - 2022
- Boring Machinery Price in Libya (FOB) - 2022
- Boring Machinery Imports in Libya
- Boring Machinery Exports in Libya
Boring Machinery Price in Libya (CIF) - 2022
The average boring machinery import price stood at $47,123 per unit in 2022, shrinking by -18.5% against the previous year. Overall, the import price showed a deep setback. The growth pace was the most rapid in 2021 an increase of 42%. Over the period under review, average import prices reached the peak figure at $118,014 per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Malta ($195,416 per unit), while the price for Germany ($45 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malta (+9.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Boring Machinery Price in Libya (FOB) - 2022
The average boring machinery export price stood at $32,888 per unit in 2022, growing by 31% against the previous year. Overall, the export price, however, saw a significant decrease. The pace of growth was the most pronounced in 2017 when the average export price increased by 200% against the previous year. The export price peaked at $354,205 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($86,927 per unit), while the average price for exports to the United Arab Emirates ($2,638 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+39.8%), while the prices for the other major destinations experienced a decline.
Boring Machinery Imports in Libya
In 2022, after two years of decline, there was significant growth in supplies from abroad of boring or sinking machinery, when their volume increased by 33% to 24 units. Overall, imports, however, saw a abrupt decrease. Imports peaked at 34 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, boring machinery imports reached $1.1M in 2022. In general, imports, however, continue to indicate a abrupt downturn. Imports peaked at $1.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Boring Machinery in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Croatia | 933 | 705 | 620 | 688 | -9.7% |
Malta | 301 | 218 | 183 | 195 | -13.5% |
United Kingdom | 111 | 138 | 86.9 | 67.1 | -15.4% |
Canada | 25.6 | 18.0 | 16.5 | 15.4 | -15.6% |
Singapore | 29.9 | 18.4 | 13.2 | 12.0 | -26.2% |
China | 4.6 | 2.5 | 4.2 | 11.6 | 36.1% |
Italy | 0.6 | 3.8 | 5.3 | 4.9 | 101.4% |
Kuwait | 14.2 | 7.4 | 4.5 | 3.4 | -37.9% |
France | 11.3 | 6.0 | 3.7 | 2.8 | -37.2% |
Belgium | 3.3 | 1.7 | 1.1 | 0.8 | -37.6% |
Spain | 3.0 | 1.5 | 0.9 | 0.7 | -38.4% |
United States | 2.4 | 1.2 | 0.7 | 0.5 | -40.7% |
Germany | 0.2 | 0.1 | 0.1 | N/A | -29.3% |
Others | 123 | 99.5 | 101 | 128 | 1.3% |
Total | 1,563 | 1,221 | 1,041 | 1,131 | -10.2% |
Top Suppliers of Boring Machinery to Libya in 2022:
- Croatia (26.0 units)
- United Kingdom (2.0 units)
- Canada (1.0 units)
- United States (1.0 units)
- Italy (1.0 units)
- Singapore (1.0 units)
- Kuwait (1.0 units)
- Malta (1.0 units)
- France (1.0 units)
- China (1.0 units)
- Belgium (1.0 units)
- Germany (1.0 units)
- Spain (1.0 units)
Boring Machinery Exports in Libya
In 2022, overseas shipments of boring or sinking machinery increased by 50% to 3 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a significant curtailment. The exports peaked at 10 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, boring machinery exports skyrocketed to $99K in 2022. Overall, exports, however, faced a significant decrease. The exports peaked at $430K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Boring Machinery in Libya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 314 | 122 | 43.8 | 86.9 | -34.8% |
Egypt | 93.6 | 25.6 | 6.5 | 9.1 | -54.0% |
United Arab Emirates | N/A | N/A | N/A | 2.6 | 0% |
Tunisia | 22.9 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 430 | 147 | 50.3 | 98.7 | -38.8% |
Top Export Markets for Boring Machinery from Libya in 2022:
- Egypt (1.0 units)
- United Arab Emirates (1.0 units)
- United Kingdom (1.0 units)
This report provides an in-depth analysis of the boring machinery 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 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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