Libya: Electronic Metal Tester Market 2025

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

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