Report Update Jan 1, 2025

Libya - Cards Incorporating A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Libya: Magnetic Card Market 2025

Magnetic Card Market Size in Libya

In 2021, the Libyan magnetic card market was finally on the rise to reach $X for the first time since 2017, thus ending a three-year declining trend. Overall, consumption, however, saw a deep setback. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Magnetic Card Production in Libya

In value terms, magnetic card production surged to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2021, production failed to regain momentum.

Magnetic Card Exports

Exports from Libya

After two years of decline, overseas shipments of cards incorporating a magnetic stripe decreased by 0% to X units in 2021. Over the period under review, exports posted significant growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum at X units in 2014; afterwards, it flattened through to 2021.

In value terms, magnetic card exports totaled $X in 2021. In general, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2019. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

South Korea (X units), Thailand (X units) and Malta (X units) were the main destinations of magnetic card exports from Libya, with a combined 72% share of total exports. Moreover, magnetic card exports in South Korea exceeded the figures recorded by the second-largest exporter, Thailand, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Thailand (with a CAGR of 0.0%), while the other leaders experienced mixed trend patterns.

From 2012 to 2021, the average annual growth rate of value to South Korea stood at -19.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Thailand (0.0% per year) and Malta (0.0% per year).

Export Prices by Country

The average magnetic card export price stood at $X per unit in 2021, approximately reflecting the previous year. Over the period under review, the export price showed a precipitous decrease. The most prominent rate of growth was recorded in 2019 when the average export price decreased by 99.9% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Malta (less than $X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.8%).

Magnetic Card Imports

Imports into Libya

In 2021, overseas purchases of cards incorporating a magnetic stripe increased by 3,867% to X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, recorded a precipitous slump. The growth pace was the most rapid in 2018 when imports increased by 4,519% against the previous year. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, magnetic card imports surged to $X in 2021. Over the period under review, imports, however, recorded a dramatic descent. The pace of growth appeared the most rapid in 2018 when imports increased by 9,227% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United Arab Emirates (X units), the UK (X units) and China (X units) were the main suppliers of magnetic card imports to Libya, with a combined 96% share of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +4.1%), while purchases for the other leaders experienced a decline.

In value terms, the largest magnetic card suppliers to Libya were the United Arab Emirates ($X), the UK ($X) and China ($X), together comprising 93% of total imports.

Among the main suppliers, the UK, with a CAGR of +20.7%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average magnetic card import price stood at $X per unit in 2021, remaining constant against the previous year. Over the period under review, the import price saw a strong expansion. The most prominent rate of growth was recorded in 2017 an increase of 273%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Tunisia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+387.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cards incorporating a magnetic stripe in the world?

The countries with the highest volumes of magnetic card consumption in 2020 were China, the United States and Spain, with a combined 35% share of global consumption.

What are the largest producers of cards incorporating a magnetic stripe in the world?

The country with the largest volume of magnetic card production was China, comprising approx. 27% of total volume. Moreover, magnetic card production in China exceeded the figures recorded by the second-largest producer, Spain, threefold. The United States ranked third in terms of total production with a 10% share.

What are the leading suppliers of cards incorporating a magnetic stripe to Libya?

In value terms, the United Arab Emirates constituted the largest supplier of magnetic card to Libya, comprising 83% of total imports. The second position in the ranking was occupied by Italy $739), with a 3.9% share of total imports. It was followed by Tunisia, with a 3% share.

What is the average export price for cards incorporating a magnetic stripe in Libya?

In 2018, the average magnetic card export price amounted to $0.2 per unit, therefore, remained relatively stable against the previous year.

What is the average import price for cards incorporating a magnetic stripe in Libya?

The average magnetic card import price stood at $0.1 per unit in 2020, dropping by -15.4% against the previous year.

This report provides an in-depth analysis of the magnetic card 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 26801400 - Cards incorporating a magnetic stripe

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024