Libya - Diesel Engines (Other Than for Motor Vehicles and Aircraft) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Market for Diesel Engines (Other Than For Motor Vehicles And Aircraft) 2024
Market Size for Diesel Engines (Other Than For Motor Vehicles And Aircraft) in Libya
The Libyan market for diesel engines (other than for motor vehicles and aircraft) contracted markedly to $X in 2022, which is down by -16.6% 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 prominent expansion. Consumption of peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.
Exports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)
Exports from Libya
In 2022, shipments abroad of diesel engines (other than for motor vehicles and aircraft) decreased by 0% to X units, falling for the third year in a row after four years of growth. In general, exports continue to indicate a strong increase. The pace of growth was the most pronounced in 2013 with an increase of 2,800%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of diesel engines (other than for motor vehicles and aircraft) surged to $X in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 26,286% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of failed to regain momentum.
Exports by Country
Germany (X units) was the main destination for exports of diesel engines (other than for motor vehicles and aircraft) from Libya, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual growth rate of volume to Germany amounted to +14.9%.
In value terms, Germany ($X) also remains the key foreign market for diesel engines (other than for motor vehicles and aircraft) exports from Libya.
From 2012 to 2022, the average annual growth rate of value to Germany totaled +35.3%.
Export Prices by Country
In 2022, the average export price for diesel engines (other than for motor vehicles and aircraft) amounted to $X per unit, growing by 53% against the previous year. Overall, the export price posted resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by 810% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +17.8% per year.
Imports of Diesel Engines (Other Than For Motor Vehicles And Aircraft)
Imports into Libya
In 2022, imports of diesel engines (other than for motor vehicles and aircraft) into Libya rose sharply to X units, growing by 5.3% on the previous year. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2019 when imports increased by 192% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.
In value terms, imports of diesel engines (other than for motor vehicles and aircraft) shrank remarkably to $X in 2022. Overall, imports continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of 195% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.
Imports by Country
China (X units), the United Arab Emirates (X units) and Turkey (X units) were the main suppliers of imports of diesel engines (other than for motor vehicles and aircraft) to Libya, together accounting for 80% of total imports.
From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +61.6%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, China ($X) constituted the largest supplier of diesel engines (other than for motor vehicles and aircraft) to Libya, comprising 51% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 17% share of total imports. It was followed by Turkey, with an 8.5% share.
From 2012 to 2022, the average annual growth rate of value from China stood at +31.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+39.6% per year) and Turkey (+3.1% per year).
Import Prices by Country
The average import price for diesel engines (other than for motor vehicles and aircraft) stood at $X per unit in 2022, waning by -30.4% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth was the most pronounced in 2017 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the market for diesel engines (other than for motor vehicles and aircraft) 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 28111311 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .200 kW
- Prodcom 28111315 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . 1 .000 kW
- Prodcom 28111319 - Marine propulsion compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW
- Prodcom 28111320 - Rail traction compression-ignition internal combustion piston engines (diesel or semi-diesel)
- Prodcom 28111331 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power . .15 kW
- Prodcom 28111333 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .15 kW but . .30 kW
- Prodcom 28111335 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .30 kW but . .50 kW
- Prodcom 28111337 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .50 kW but . .100 kW
- Prodcom 28111353 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .100 kW but . .200 kW
- Prodcom 28111355 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .200 kW but . .300 kW
- Prodcom 28111357 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .300 kW but . .500 kW
- Prodcom 28111373 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > .500 kW but. 1 .000 kW
- Prodcom 28111375 - Industrial use compression-ignition internal combustion piston engines (diesel or semi-diesel) of a power > 1 .000 kW
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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