Price for Tools, Hand; Other than Household Tools in Libya - 2022
Contents:
- Price for Tools, Hand; Other than Household Tools in Libya (CIF) - 2022
- Price for Tools, Hand; Other than Household Tools in Libya (FOB) - 2022
- Imports of Tools, Hand; Other than Household Tools in Libya
- Exports of Tools, Hand; Other than Household Tools in Libya
Price for Tools, Hand; Other than Household Tools in Libya (CIF) - 2022
In 2022, the average import price for tools, hand; other than household toolses amounted to $6,423 per ton, rising by 8.3% against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +3.1% 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 tools, hand; other than household toolses increased by +14.3% against 2019 indices. The most prominent rate of growth was recorded in 2015 an increase of 49%. Over the period under review, average import prices attained the peak figure at $7,075 per ton in 2018; however, from 2019 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 the United Arab Emirates ($13,958 per ton), while the price for Turkey ($4,529 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 (+27.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Tools, Hand; Other than Household Tools in Libya (FOB) - 2022
The average export price for tools, hand; other than household toolses stood at $18,690 per ton in 2022, waning by -26.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 118%. The export price peaked at $25,456 per ton in 2021, and then declined rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($19,667 per ton), while the average price for exports to New Zealand stood at $5,500 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Tools, Hand; Other than Household Tools in Libya
In 2022, approx. 689 tons of tools, hand; other than household toolses were imported into Libya; waning by -7.1% compared with 2021. Overall, imports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 60%.
In value terms, imports of tools, hand; other than household toolses reached $4.4M in 2022. Over the period under review, imports recorded a deep setback. The most prominent rate of growth was recorded in 2021 when imports increased by 50% against the previous year.
| Import of Tools, Hand; Other than Household Tools in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4,016 | 1,875 | 2,996 | 2,927 | -10.0% |
| Italy | 400 | 247 | 228 | 480 | 6.3% |
| Taiwan (Chinese) | 494 | 146 | 329 | 347 | -11.1% |
| Turkey | 333 | 125 | 283 | 243 | -10.0% |
| Others | 466 | 529 | 562 | 429 | -2.7% |
| Total | 5,708 | 2,924 | 4,398 | 4,425 | -8.1% |
Top Suppliers of Tools, Hand; Other than Household Tools to Libya in 2022:
- China (528.8 tons)
- Italy (54.9 tons)
- Turkey (53.5 tons)
- Taiwan (Chinese) (31.9 tons)
Exports of Tools, Hand; Other than Household Tools in Libya
For the third year in a row, Libya recorded decline in overseas shipments of tools, hand; other than household toolses, which decreased by -49.1% to 29 kg in 2022. Over the period under review, exports continue to indicate a significant curtailment. The smallest decline of -37.4% was in 2021.
In value terms, exports of tools, hand; other than household toolses reduced remarkably to $542 in 2022. Overall, exports continue to indicate a precipitous curtailment. The smallest decline of -6.4% was in 2021.
| Export of Tools, Hand; Other than Household Tools in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.1 | 0.2 | N/A | 0.5 | 71.0% |
| New Zealand | N/A | N/A | N/A | N/A | 0% |
| Belgium | 4.7 | N/A | N/A | N/A | 0% |
| Congo | N/A | N/A | 0.2 | N/A | 0% |
| Senegal | 0.1 | N/A | N/A | N/A | 0% |
| Malta | N/A | 1.4 | N/A | N/A | 0% |
| Mali | N/A | N/A | N/A | N/A | 0% |
| Italy | 9.7 | N/A | N/A | N/A | 0% |
| Others | 0.3 | N/A | 1.2 | N/A | 100.0% |
| Total | 14.9 | 1.6 | 1.5 | 0.5 | -67.7% |
Top Export Markets for Tools, Hand; Other than Household Tools from Libya in 2022:
- France (27.0 kg)
- New Zealand (2.0 kg)
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