Report Update Nov 1, 2024

Libya - Air Compressors Mounted on A Wheeled Chassis for Towing - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Tow-Behind Air Compressor Market 2024

Tow-Behind Air Compressor Market Size in Libya

In 2022, the Libyan tow-behind air compressor market increased by 7.3% to $X, rising for the sixth year in a row after three years of decline. Overall, consumption, however, continues to indicate a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Tow-Behind Air Compressor Exports

Exports from Libya

In 2022, after two years of growth, there was significant decline in shipments abroad of air compressors mounted on a wheeled chassis for towing, when their volume decreased by -40% to X units. In general, exports continue to indicate a noticeable slump. The pace of growth appeared the most rapid in 2021 when exports increased by 67%. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, tow-behind air compressor exports reached $X in 2022. Overall, exports faced a drastic downturn. The growth pace was the most rapid in 2016 with an increase of 331% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units), Chile (X units) and Sudan (X units) were the main destinations of tow-behind air compressor exports from Libya.

From 2012 to 2022, the biggest increases were recorded for Chile (with a CAGR of 0.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Chile ($X) remains the key foreign market for air compressors mounted on a wheeled chassis for towing exports from Libya, comprising 69% of total exports. The second position in the ranking was held by Egypt ($X), with a 28% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Chile stood at +76.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (-23.6% per year) and Sudan (+34.0% per year).

Export Prices by Country

In 2022, the average tow-behind air compressor export price amounted to $X per unit, surging by 74% against the previous year. Overall, the export price, however, continues to indicate a abrupt descent. The growth pace was the most rapid in 2016 an increase of 159%. Over the period under review, the average export prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($X per unit), while the average price for exports to Sudan ($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 Chile (+76.2%), while the prices for the other major destinations experienced more modest paces of growth.

Tow-Behind Air Compressor Imports

Imports into Libya

In 2022, the amount of air compressors mounted on a wheeled chassis for towing imported into Libya soared to X units, picking up by 19% against the previous year. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 475%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, tow-behind air compressor imports dropped to $X in 2022. In general, imports, however, saw a slight decline. The growth pace was the most rapid in 2017 when imports increased by 280%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and France (X units) were the main suppliers of tow-behind air compressor imports to Libya, with a combined 90% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +38.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest tow-behind air compressor suppliers to Libya were Italy ($X), France ($X) and China ($X), with a combined 46% share of total imports. The UK and Turkey lagged somewhat behind, together comprising a further 21%.

Among the main suppliers, the UK, with a CAGR of +28.0%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average tow-behind air compressor import price amounted to $X per unit, which is down by -23.6% against the previous year. Over the period under review, the import price saw a mild descent. The most prominent rate of growth was recorded in 2015 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices remained at a 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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for air compressors mounted on a wheeled chassis for towing in the world?

The country with the largest volume of tow-behind air compressor consumption was China, comprising approx. 18% of total volume. Moreover, tow-behind air compressor consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by the UK, with a 4.1% share.

What are the largest producers of air compressors mounted on a wheeled chassis for towing in the world?

China constituted the country with the largest volume of tow-behind air compressor production, comprising approx. 45% of total volume. Moreover, tow-behind air compressor production in China exceeded the figures recorded by the second-largest producer, Italy, threefold. The third position in this ranking was occupied by Brazil, with a 5.2% share.

What are the leading suppliers of air compressors mounted on a wheeled chassis for towing to Libya?

In value terms, Italy constituted the largest supplier of tow-behind air compressor to Libya, comprising 55% of total imports. The second position in the ranking was occupied by Turkey, with a 4.8% share of total imports. It was followed by France, with a 2.6% share.

What are the leading importers of air compressors mounted on a wheeled chassis for towing from Libya?

In value terms, Egypt remains the key foreign market for tow-behind air compressor exports from Libya.

What is the average export price for air compressors mounted on a wheeled chassis for towing in Libya?

In 2020, the average tow-behind air compressor export price amounted to $2,017 per unit, jumping by 357% against the previous year.

What is the average import price for air compressors mounted on a wheeled chassis for towing in Libya?

In 2020, the average tow-behind air compressor import price amounted to $1,270 per unit, approximately mirroring the previous year.

This report provides an in-depth analysis of the tow-behind air compressor market 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 28132400 - Air compressors mounted on a wheeled chassis for towing

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023