Price for Electric Motors; of an Output Not Exceeding 37.5W in Libya - 2022
Contents:
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Libya (CIF) - 2022
- Price for Electric Motors; of an Output Not Exceeding 37.5W in Libya (FOB) - 2022
- Imports of Electric Motors; of an Output Not Exceeding 37.5W in Libya
- Exports of Electric Motors; of an Output Not Exceeding 37.5W in Libya
Price for Electric Motors; of an Output Not Exceeding 37.5W in Libya (CIF) - 2022
In 2022, the average import price for electric motors amounted to $45 per unit, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 an increase of 129% against the previous year. As a result, import price reached the peak level of $129 per unit. From 2017 to 2022, the average import prices remained at a 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 India ($646 per unit), while the price for China ($2.8 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+17.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Electric Motors; of an Output Not Exceeding 37.5W in Libya (FOB) - 2022
In 2022, the average export price for electric motors amounted to $388 per unit, increasing by 1,482% against the previous year. Over the period under review, the export price, however, continues to indicate a mild curtailment. Over the period under review, the average export prices hit record highs at $1,156 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +163.6% per year.
Imports of Electric Motors; of an Output Not Exceeding 37.5W in Libya
Imports of electric motors into Libya soared to 27K units in 2022, jumping by 95% on the previous year's figure. Over the period under review, imports enjoyed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of electric motors surged to $1.2M in 2022. Overall, imports showed a mild expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Electric Motors; of an Output Not Exceeding 37.5W in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 417 | 96.5 | 179 | 577 | 11.4% |
| China | 27.2 | 9.2 | 34.7 | 68.7 | 36.2% |
| Italy | 151 | 129 | 98.7 | 64.7 | -24.6% |
| Turkey | 64.6 | 30.7 | 60.8 | 32.7 | -20.3% |
| United States | 54.0 | 32.2 | 12.8 | 6.1 | -51.7% |
| Others | 480 | 286 | 256 | 494 | 1.0% |
| Total | 1,193 | 584 | 641 | 1,243 | 1.4% |
Top Suppliers of Electric Motors; of an Output Not Exceeding 37.5W to Libya in 2022:
- China (24.4K units)
- India (0.9K units)
- Turkey (0.7K units)
- Italy (0.1K units)
- United States (0.1K units)
Exports of Electric Motors; of an Output Not Exceeding 37.5W in Libya
Exports of electric motors from Libya surged to 3 units in 2022, with an increase of 50% on 2021 figures. Over the period under review, exports, however, recorded a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 100%. The exports peaked at 5 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of electric motors soared to $1.2K in 2022. In general, exports, however, showed a sharp decrease. The exports peaked at $2.7K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Electric Motors; of an Output Not Exceeding 37.5W in Libya (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 2,726 | 714 | 48.0 | 1,163 | -24.7% |
| Canada | N/A | N/A | 1.0 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 2,726 | 714 | 49.0 | 1,163 | -24.7% |
Top Export Markets for Electric Motors; of an Output Not Exceeding 37.5W from Libya in 2022:
- Italy (3.0 units)
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