Report Update Nov 1, 2024

Libya - Non-Self-Propelled Fork-Lift Trucks - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Non-Self-Propelled Fork-Lift Truck Market 2024

Non-Self-Propelled Fork-Lift Truck Market Size in Libya

After four years of growth, the Libyan non-self-propelled fork-lift truck market decreased by -21.5% to $X in 2022. In general, consumption, however, recorded a resilient expansion. Non-self-propelled fork-lift truck consumption peaked at $X in 2021, and then dropped markedly in the following year.

Non-Self-Propelled Fork-Lift Truck Exports

Exports from Libya

In 2019, shipments abroad of non-self-propelled fork-lift trucks decreased by 0% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 100% against the previous year. Over the period under review, the exports hit record highs in 2019 and are likely to see steady growth in the near future.

In value terms, non-self-propelled fork-lift truck exports stood at $X in 2019. Overall, exports enjoyed prominent growth. The smallest decline of 99.9% was in 2018. Over the period under review, the exports reached the peak figure in 2019 and are expected to retain growth in the near future.

Exports by Country

Ireland (X units) was the main destination for non-self-propelled fork-lift truck exports from Libya, with a approx. 100% share of total exports.

From 2013 to 2019, the average annual growth rate of volume to Ireland was relatively modest.

From 2013 to 2019, the average annual growth rate of value to Ireland was relatively modest.

Export Prices by Country

The average non-self-propelled fork-lift truck export price stood at $X per unit in 2019, almost unchanged from the previous year. Over the period under review, the export price showed a dramatic setback. The most prominent rate of growth was recorded in 2017 when the average export price decreased by -50% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2013; however, from 2014 to 2019, the export prices remained at a lower figure.

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

From 2013 to 2019, the rate of growth in terms of prices for Egypt amounted to +4.0% per year.

Non-Self-Propelled Fork-Lift Truck Imports

Imports into Libya

After four years of growth, supplies from abroad of non-self-propelled fork-lift trucks decreased by -23.2% to X units in 2022. Overall, imports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2016 with an increase of 804% against the previous year. Over the period under review, imports reached the maximum at X units in 2021, and then dropped significantly in the following year.

In value terms, non-self-propelled fork-lift truck imports fell to $X in 2022. In general, imports, however, enjoyed a buoyant increase. The growth pace was the most rapid in 2016 with an increase of 1,226% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

China (X units), the Netherlands (X units) and the United Arab Emirates (X units) were the main suppliers of non-self-propelled fork-lift truck imports to Libya, with a combined 76% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +58.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United Arab Emirates ($X), China ($X) and the Netherlands ($X) constituted the largest non-self-propelled fork-lift truck suppliers to Libya, together comprising 58% of total imports.

The United Arab Emirates, with a CAGR of +50.9%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-self-propelled fork-lift truck import price stood at $X per unit in 2022, with an increase of 28% against the previous year. In general, the import price, however, showed a mild descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 47% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2018; however, from 2019 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 the United Arab Emirates ($X per unit), while the price for China ($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 Netherlands (+8.1%), 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 non-self-propelled fork-lift trucks in the world?

China constituted the country with the largest volume of non-self-propelled fork-lift truck consumption, accounting for 43% of total volume. Moreover, non-self-propelled fork-lift truck consumption in China exceeded the figures recorded by the second-largest consumer, South Africa, threefold. The United States ranked third in terms of total consumption with a 3.4% share.

What are the largest producers of non-self-propelled fork-lift trucks in the world?

China remains the largest non-self-propelled fork-lift truck producing country worldwide, accounting for 69% of total volume. Moreover, non-self-propelled fork-lift truck production in China exceeded the figures recorded by the second-largest producer, the United States, more than tenfold. India ranked third in terms of total production with a 3.7% share.

What are the leading suppliers of non-self-propelled fork-lift trucks to Libya?

In value terms, China constituted the largest supplier of non-self-propelled fork-lift truck to Libya, comprising 32% of total imports. The second position in the ranking was occupied by Turkey, with a 16% share of total imports. It was followed by Italy, with a 12% share.

What is the average export price for non-self-propelled fork-lift trucks in Libya?

In 2019, the average non-self-propelled fork-lift truck export price amounted to $5,543 per unit, almost unchanged from the previous year.

What is the average import price for non-self-propelled fork-lift trucks in Libya?

In 2021, the average non-self-propelled fork-lift truck import price amounted to $301 per unit, shrinking by -34.3% against the previous year.

This report provides an in-depth analysis of the non-self-propelled fork-lift truck 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 28221550 - Fork-lift trucks and other works trucks fitted with lifting or handling equipment (excluding self-propelled trucks)

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