Price for Machines; Parts and Accessories, of Heading No. 8472 in Libya - 2022

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Libya (CIF) - 2022
  2. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Libya

Price for Machines; Parts and Accessories, of Heading No. 8472 in Libya (CIF) - 2022

The average import price for machines; parts and accessories, of heading no. 8472 stood at $135,768 per ton in 2022, with an increase of 66% against the previous year. Overall, the import price recorded prominent growth. The most prominent rate of growth was recorded in 2016 when the average import price increased by 98% against the previous year. Over the period under review, average import prices attained the peak figure in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($362,857 per ton), while the price for Taiwan (Chinese) ($10,452 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 Arab Emirates (+70.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Libya

In 2022, the amount of machines; parts and accessories, of heading no. 8472 imported into Libya fell significantly to 1.7 tons, shrinking by -52.2% against 2021 figures. In general, imports, however, recorded a strong expansion. The pace of growth was the most pronounced in 2021 when imports increased by 461%. As a result, imports reached the peak of 3.7 tons, and then dropped remarkably in the following year.

In value terms, imports of machines; parts and accessories, of heading no. 8472 fell dramatically to $237K in 2022. Over the period under review, imports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 396%. As a result, imports attained the peak of $299K, and then fell notably in the following year.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Tunisia24.920.113610159.5%
Spain12.06.044.148.759.5%
Morocco40.110.241.031.2-8.0%
Italy5.78.811.918.046.7%
Malta25.20.56.78.7-29.8%
Netherlands0.70.111.66.2106.9%
Germany18.08.921.45.4-33.1%
France3.51.15.44.911.9%
Others20.64.421.013.5-13.1%
Total15160.329923716.2%

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Libya in 2022:

  1. Tunisia (767.0 kg)
  2. Malta (221.0 kg)
  3. Spain (163.0 kg)
  4. Morocco (120.0 kg)
  5. Italy (95.0 kg)
  6. France (92.0 kg)
  7. Netherlands (87.0 kg)
  8. Germany (71.0 kg)

Source: IndexBox Market Intelligence Platform

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