Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya - 2022
Contents:
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (CIF) - 2022
- Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (FOB) - 2022
- Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya
- Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (CIF) - 2022
In 2022, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $24,398 per ton, picking up by 29% against the previous year. In general, import price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 machines and mechanical appliances; parts, of those having individual functionses decreased by -5.0% against 2019 indices. Over the period under review, average import prices attained the maximum at $25,671 per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($185,449 per ton), while the price for Croatia ($2,384 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+21.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (FOB) - 2022
The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $21,123 per ton in 2022, which is down by -33.9% against the previous year. Over the period under review, the export price, however, saw mild growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by 150% against the previous year. The export price peaked at $52,095 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($179,800 per ton), while the average price for exports to France ($5,600 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+260.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya
In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses imported into Libya contracted notably to 141 tons, dropping by -49% on 2021 figures. Overall, imports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 112% against the previous year. As a result, imports attained the peak of 276 tons, and then contracted dramatically in the following year.
In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses reduced dramatically to $3.4M in 2022. Over the period under review, imports faced a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 60%.
| Import of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,179 | 608 | 802 | 749 | -14.0% |
| Malta | 944 | 660 | 819 | 625 | -12.8% |
| United States | 247 | 111 | 395 | 340 | 11.2% |
| China | 157 | 244 | 1,379 | 326 | 27.6% |
| United Arab Emirates | 529 | 351 | 329 | 160 | -32.9% |
| Germany | 392 | 353 | 394 | 148 | -27.7% |
| Tunisia | 556 | 283 | 205 | 124 | -39.4% |
| India | 68.1 | 60.9 | 96.5 | 114 | 18.7% |
| Jordan | 4.0 | 1.2 | 56.3 | 89.5 | 181.8% |
| Turkey | 56.2 | 67.4 | 141 | 86.3 | 15.4% |
| Croatia | 63.6 | 45.2 | 57.1 | 44.3 | -11.4% |
| United Kingdom | 666 | 62.8 | 20.7 | 14.8 | -71.9% |
| Indonesia | 14.1 | 9.1 | 10.5 | 7.5 | -19.0% |
| Others | 856 | 384 | 489 | 604 | -11.0% |
| Total | 5,733 | 3,242 | 5,193 | 3,431 | -15.7% |
Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Libya in 2022:
- China (47.2 tons)
- Croatia (18.6 tons)
- Italy (16.8 tons)
- Tunisia (12.2 tons)
- Turkey (8.1 tons)
- Malta (7.3 tons)
- India (6.4 tons)
- Jordan (3.4 tons)
- Indonesia (2.9 tons)
- United Arab Emirates (2.8 tons)
- United States (1.8 tons)
- Germany (1.6 tons)
- United Kingdom (0.2 tons)
Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya
In 2022, overseas shipments of machines and mechanical appliances; parts, of those having individual functionses increased by 26% to 276 kg for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a deep reduction.
In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses reduced remarkably to $5.8K in 2022. Over the period under review, exports, however, recorded a sharp decrease. The smallest decline of -14.3% was in 2021.
| Export of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 6.8 | 2.7 | 3.5 | 3.4 | -20.6% |
| Italy | 11.1 | 2.8 | 2.3 | 0.9 | -56.7% |
| Switzerland | 0.6 | 0.3 | 0.5 | 0.8 | 10.1% |
| France | 0.1 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 1.8 | N/A | N/A | 0% |
| Others | 1.6 | 0.6 | 0.7 | 0.6 | -27.9% |
| Total | 20.3 | 8.2 | 7.0 | 5.8 | -34.1% |
Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Libya in 2022:
- Turkey (256.0 kg)
- Switzerland (7.0 kg)
- France (5.0 kg)
- Italy (5.0 kg)
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