Report Update Nov 1, 2024

Libya - Hydraulic Cylinders and Systems - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Hydraulic Cylinders And Systems 2024

Market Size for Hydraulic Cylinders And Systems in Libya

In 2022, the Libyan hydraulic cylinder and system market increased by 4% to $X, rising for the seventh year in a row after two years of decline. In general, consumption, however, posted a slight increase. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Exports of Hydraulic Cylinders And Systems

Exports from Libya

In 2022, after two years of growth, there was significant decline in shipments abroad of hydraulic cylinders and systems, when their volume decreased by -22.4% to X units. Overall, exports, however, continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 with an increase of 430% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2021, and then contracted dramatically in the following year.

In value terms, hydraulic cylinder and system exports fell notably to $X in 2022. Over the period under review, exports, however, enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 729%. Over the period under review, the exports hit record highs at $X in 2021, and then contracted notably in the following year.

Exports by Country

Germany (X units) was the main destination for hydraulic cylinder and system exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled +7.0%.

In value terms, Germany ($X) also remains the key foreign market for hydraulic cylinders and systems exports from Libya.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled +7.7%.

Export Prices by Country

The average hydraulic cylinder and system export price stood at $X per thousand units in 2022, approximately mirroring the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the average export price increased by 104% against the previous year. As a result, the export price reached the peak level of $X per thousand units. From 2017 to 2022, the average export prices remained at a lower figure.

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 +0.8% per year.

Imports of Hydraulic Cylinders And Systems

Imports into Libya

In 2022, after six years of growth, there was decline in supplies from abroad of hydraulic cylinders and systems, when their volume decreased by -2% to X units. In general, imports, however, saw a tangible expansion. The pace of growth was the most pronounced in 2018 with an increase of 248% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, hydraulic cylinder and system imports rose markedly to $X in 2022. Overall, imports, however, enjoyed modest growth. The pace of growth was the most pronounced in 2018 when imports increased by 278% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest hydraulic cylinder and system supplier to Libya, accounting for a 42% share of total imports. Moreover, hydraulic cylinder and system imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), twofold. The third position in this ranking was taken by Italy (X units), with an 18% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at +32.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-8.2% per year) and Italy (+34.6% per year).

In value terms, Germany ($X) constituted the largest supplier of hydraulic cylinders and systems to Libya, comprising 35% of total imports. The second position in the ranking was taken by China ($X), with a 14% share of total imports. It was followed by Brazil, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+12.0% per year) and Brazil (+58.9% per year).

Import Prices by Country

The average hydraulic cylinder and system import price stood at $X per unit in 2022, increasing by 9% against the previous year. In general, the import price, however, saw a slight curtailment. The growth pace was the most rapid in 2015 an increase of 44% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China (less than $X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+34.7%), 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 hydraulic cylinders and systems in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 30% of global consumption. These countries were followed by Japan, Pakistan, Indonesia, Mexico, Russia, Brazil, Bangladesh, Germany, the UK and France, which together accounted for a further 36%.

What are the largest producers of hydraulic cylinders and systems in the world?

China remains the largest hydraulic cylinder and system producing country worldwide, comprising approx. 24% of total volume. Moreover, hydraulic cylinder and system production in China exceeded the figures recorded by the second-largest producer, India, threefold. The United States ranked third in terms of total production with a 4.3% share.

What are the leading suppliers of hydraulic cylinders and systems to Libya?

In value terms, Austria, Germany and Italy appeared to be the largest hydraulic cylinder and system suppliers to Libya, with a combined 57% share of total imports. China, Turkey, Sweden and the United Arab Emirates lagged somewhat behind, together comprising a further 20%.

What are the leading importers of hydraulic cylinders and systems from Libya?

In value terms, Germany remains the key foreign market for hydraulic cylinder and system exports from Libya.

What is the average export price for hydraulic cylinders and systems in Libya?

The average hydraulic cylinder and system export price stood at $48 per unit in 2021, falling by -9.2% against the previous year.

What is the average import price for hydraulic cylinders and systems in Libya?

In 2021, the average hydraulic cylinder and system import price amounted to $139 per unit, reducing by -21.2% against the previous year.

This report provides an in-depth analysis of the market for hydraulic cylinder and system 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 28121130 - Hydraulic cylinders
Prodcom 28121630 - Hydraulic systems (power packs with actuators)

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