Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya - 2022

Contents:

1. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya (CIF) - 2022
2. Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya (FOB) - 2022
3. Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya
4. Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya (CIF) - 2022

In 2022, the average import price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $12,923 per unit, with an increase of 84% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $15,242 per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Oman ($128,752 per unit), while the price for Switzerland ($2,059 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Oman (+37.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya (FOB) - 2022

In 2022, the average export price for vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs amounted to $7,555 per unit, dropping by -24.6% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth was the most pronounced in 2014 when the average export price increased by 193%. As a result, the export price reached the peak level of $46,574 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($41,930 per unit), while the average price for exports to Germany ($7,582 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 Ghana (+25.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya

In 2022, approx. 3.2K units of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs were imported into Libya; which is down by -18.6% compared with 2021. Over the period under review, imports saw a dramatic downturn. The pace of growth was the most pronounced in 2021 with an increase of 39%. Over the period under review, imports of attained the maximum at 13K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs surged to $54M in 2022. In general, imports recorded a abrupt shrinkage. Over the period under review, imports of hit record highs at $103M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Top Suppliers of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc to Libya in 2022:

1. United States (2376.0 units)
2. Switzerland (283.0 units)
3. United Arab Emirates (176.0 units)
4. Japan (97.0 units)
5. Germany (77.0 units)
6. South Korea (74.0 units)
7. Canada (56.0 units)

Exports of Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc in Libya

In 2022, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs from Libya soared to 31 units, increasing by 244% compared with 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of vehicles; spark-ignition internal combustion reciprocating piston engine, cylinder capacity exceeding 3000ccs surged to $688K in 2022. In general, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Vehicles; Spark-Ignition Internal Combustion Reciprocating Piston Engine, Cylinder Capacity Exceeding 3000cc from Libya in 2022:

1. Tunisia (14.0 units)
2. Netherlands (9.0 units)
3. Germany (3.0 units)
4. Spain (3.0 units)
5. Egypt (1.0 units)
6. Malta (1.0 units)

Source: IndexBox Market Intelligence Platform