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Libya - Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Market for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers 2024
Market Size for Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers in Libya
The Libyan market for iron or steel gas domestic cooking appliances and plate warmers reduced remarkably to $X in 2022, waning by -22.8% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a deep setback. Consumption of peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Exports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers
Exports from Libya
In 2022, the amount of iron or steel gas domestic cooking appliances and plate warmers exported from Libya skyrocketed to X units, picking up by 20% compared with the year before. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 192%. Over the period under review, the exports of hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
In value terms, exports of iron or steel gas domestic cooking appliances and plate warmers skyrocketed to $X in 2022. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 326%. Over the period under review, the exports of hit record highs at $X in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Exports by Country
Sudan (X units) was the main destination for exports of iron or steel gas domestic cooking appliances and plate warmers from Libya, accounting for a 69% share of total exports. Moreover, exports of iron or steel gas domestic cooking appliances and plate warmers to Sudan exceeded the volume sent to the second major destination, Ghana (X units), threefold.
From 2012 to 2022, the average annual rate of growth in terms of volume to Sudan amounted to +65.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+62.3% per year) and Niger (+47.4% per year).
In value terms, Sudan ($X) remains the key foreign market for iron or steel gas domestic cooking appliances and plate warmers exports from Libya, comprising 66% of total exports. The second position in the ranking was held by Ghana ($X), with a 29% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Sudan totaled +84.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (+75.0% per year) and Niger (+51.5% per year).
Export Prices by Country
In 2022, the average export price for iron or steel gas domestic cooking appliances and plate warmers amounted to $X per unit, reducing by -2.9% against the previous year. Overall, the export price, however, recorded a strong expansion. The growth pace was the most rapid in 2020 when the average export price increased by 53% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then dropped slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($X per unit), while the average price for exports to Niger ($X 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 Sudan (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Iron or Steel Gas Domestic Cooking Appliances and Plate Warmers
Imports into Libya
In 2022, approx. X units of iron or steel gas domestic cooking appliances and plate warmers were imported into Libya; dropping by -16.8% compared with 2021. Over the period under review, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2019 with an increase of 251% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of iron or steel gas domestic cooking appliances and plate warmers shrank dramatically to $X in 2022. Overall, imports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 143% against the previous year. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
In 2022, Turkey (X units) constituted the largest iron or steel gas domestic cooking appliances and plate warmers supplier to Libya, accounting for a 87% share of total imports. Moreover, imports of iron or steel gas domestic cooking appliances and plate warmers from Turkey exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold. Italy (X units) ranked third in terms of total imports with a 4.5% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-14.1% per year) and Italy (+6.1% per year).
In value terms, Turkey ($X) constituted the largest supplier of iron or steel gas domestic cooking appliances and plate warmers to Libya, comprising 75% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Italy, with an 8.6% share.
From 2012 to 2022, the average annual rate of growth in terms of value from Turkey totaled -7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-7.3% per year) and Italy (+0.3% per year).
Import Prices by Country
The average import price for iron or steel gas domestic cooking appliances and plate warmers stood at $X per unit in 2022, waning by -10.5% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 36% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+7.9%), while the prices for the other major suppliers experienced a decline.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for iron or steel gas domestic cooking appliances and plate warmers in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 27521113 - Iron or steel gas domestic cooking appliances and plate warmers, with an oven (including those with subsidiary boilers for central heating, separate ovens for both gas and other fuels)
- Prodcom 27521115 - Iron or steel gas domestic cooking appliances and plate warmers (including those with subsidiary boilers for central heating, for both gas and other fuels, excluding those with ovens)
Country coverage:
- Libya
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Libya
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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