Report Update Nov 1, 2024

Libya - Electronic Machines and Appliances for Testing Metals - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Electronic Metal Tester Market 2024

Electronic Metal Tester Market Size in Libya

In 2021, the Libyan electronic metal tester market increased by 79% to $X, rising for the fourth year in a row after three years of decline. Overall, consumption, however, faced a abrupt decrease. Electronic metal tester consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Electronic Metal Tester Exports

Exports from Libya

In 2021, shipments abroad of electronic machines and appliances for testing metals increased by 100% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports, however, continue to indicate a perceptible contraction. The exports peaked at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, electronic metal tester exports surged to $X in 2021. Overall, exports showed a perceptible expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

The UK (X units) was the main destination for electronic metal tester exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -4.4%.

In value terms, the UK ($X) also remains the key foreign market for electronic machines and appliances for testing metals exports from Libya.

From 2012 to 2021, the average annual growth rate of value to the UK totaled +3.5%.

Export Prices by Country

In 2021, the average electronic metal tester export price amounted to $X per unit, with a decrease of -21.5% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2019 an increase of 78%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2020, and then reduced sharply in the following year.

As there is only one major export destination, the average price level is determined by prices for the UK.

From 2012 to 2021, the rate of growth in terms of prices for the UK amounted to +10.7% per year.

Electronic Metal Tester Imports

Imports into Libya

In 2021, overseas purchases of electronic machines and appliances for testing metals increased by 85% to X units, rising for the fourth consecutive year after three years of decline. In general, imports, however, faced a deep reduction. The pace of growth appeared the most rapid in 2014 when imports increased by 165% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, electronic metal tester imports skyrocketed to $X in 2021. Overall, imports, however, faced a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 255% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, the United States (X units) constituted the largest supplier of electronic metal tester to Libya, with a 58% share of total imports. Moreover, electronic metal tester imports from the United States exceeded the figures recorded by the second-largest supplier, Italy (X units), twofold. The third position in this ranking was taken by Turkey (X units), with a 4.7% share.

From 2012 to 2021, the average annual growth rate of volume from the United States amounted to +7.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.4% per year) and Turkey (-31.4% per year).

In value terms, the largest electronic metal tester suppliers to Libya were the United States ($X), Tunisia ($X) and Italy ($X), together accounting for 63% of total imports.

In terms of the main suppliers, Italy, with a CAGR of +16.2%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average electronic metal tester import price amounted to $X per unit, with a decrease of -7% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 39% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.0%), 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 electronic machines and appliances for testing metals in the world?

South Africa constituted the country with the largest volume of electronic metal tester consumption, comprising approx. 81% of total volume. Moreover, electronic metal tester consumption in South Africa exceeded the figures recorded by the second-largest consumer, Italy, more than tenfold. The third position in this ranking was occupied by Germany, with a 3.2% share.

What are the largest producers of electronic machines and appliances for testing metals in the world?

The countries with the highest volumes of in 2021 were China, Germany and Italy, with a combined 75% share of global production. Taiwan Chinese), the UK, the Czech Republic and Turkey lagged somewhat behind, together accounting for a further 14%.

What are the leading suppliers of electronic machines and appliances for testing metals to Libya?

In value terms, the largest electronic metal tester suppliers to Libya were the United States, Italy and the UK, with a combined 63% share of total imports.

What are the leading importers of electronic machines and appliances for testing metals from Libya?

In value terms, the UK remains the key foreign market for electronic metal tester exports from Libya.

What is the average export price for electronic machines and appliances for testing metals in Libya?

In 2021, the average electronic metal tester export price amounted to $1,905 per unit, increasing by 3.2% against the previous year.

What is the average import price for electronic machines and appliances for testing metals in Libya?

The average electronic metal tester import price stood at $726 per unit in 2021, waning by -20.2% against the previous year.

This report provides an in-depth analysis of the electronic metal tester 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 26516210 - Electronic machines and appliances for testing the mechanical properties of metals (excluding metallographic machines or appliances, instruments for detecting defects)

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