Libya: Market for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA 2024

Market Size for Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA in Libya

The Libyan market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA fell to $X in 2022, reducing by -7.4% 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). Overall, consumption, however, continues to indicate noticeable growth. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Exports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Exports from Libya

In 2022, shipments abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by 0% to X units for the first time since 2019, thus ending a two-year rising trend. In general, exports posted tangible growth. The growth pace was the most rapid in 2018 when exports increased by 133%. As a result, the exports attained the peak of X units. From 2019 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA reduced to $X in 2022. Overall, exports posted a significant expansion. The pace of growth appeared the most rapid in 2014 when exports increased by 367% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Egypt (X units) and Italy (X units) were the main destinations of exports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Libya.

From 2012 to 2022, the biggest increases were recorded for Egypt (with a CAGR of +7.2%).

In value terms, Italy ($X) remains the key foreign market for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA exports from Libya, comprising 71% of total exports. The second position in the ranking was taken by Egypt ($X), with a 29% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Italy amounted to +40.2%.

Export Prices by Country

The average export price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, declining by -12.1% against the previous year. Overall, the export price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 an increase of 148% against the previous year. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Italy ($X per unit), while the average price for exports to Egypt amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+30.8%).

Imports of Diesel or Semi-Diesel Electric Generating Sets of Output Over 75 kVA but Under 375 kVA

Imports into Libya

In 2022, supplies from abroad of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA decreased by -0.6% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 323% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA dropped to $X in 2022. In general, imports, however, enjoyed a pronounced increase. The most prominent rate of growth was recorded in 2018 when imports increased by 258%. Imports peaked at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Turkey (X units) constituted the largest supplier of diesel or semi-diesel electric generating set of output over X kVA but under X kVA to Libya, accounting for a 61% share of total imports. Moreover, imports of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA from Turkey exceeded the figures recorded by the second-largest supplier, Spain (X units), tenfold. The third position in this ranking was held by Italy (X units), with a 6.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Turkey stood at +16.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+1.5% per year) and Italy (+1.4% per year).

In value terms, Turkey ($X) constituted the largest supplier of diesel or semi-diesel electric generating sets of output over X kVA but under X kVA to Libya, comprising 47% of total imports. The second position in the ranking was taken by Italy ($X), with a 9.9% share of total imports. It was followed by Spain, with a 7.3% share.

From 2012 to 2022, the average annual growth rate of value from Turkey totaled +11.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+4.0% per year) and Spain (-0.2% per year).

Import Prices by Country

The average import price for diesel or semi-diesel electric generating sets of output over X kVA but under X kVA stood at $X per unit in 2022, reducing by -9.8% against the previous year. Over the period under review, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by 44% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2017; however, from 2018 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 the United States ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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