Libya: Lamp Holder Market 2024

Lamp Holder Market Size in Libya

The Libyan lamp holder market amounted to $X in 2022, picking up by 4.3% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Lamp Holder Production in Libya

In value terms, lamp holder production amounted to $X in 2022 estimated in export price. In general, production continues to indicate a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 259%. Over the period under review, production reached the peak level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

Lamp Holder Exports

Exports from Libya

In 2022, after two years of growth, there was significant decline in overseas shipments of lamp holders, plugs and sockets, when their volume decreased by -19.7% to X tons. Overall, exports showed a slight slump. The growth pace was the most rapid in 2016 when exports increased by 414%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined markedly in the following year.

In value terms, lamp holder exports dropped rapidly to $X in 2022. Over the period under review, exports, however, recorded a notable expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 268%. Over the period under review, the exports reached the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

France (X kg) was the main destination for lamp holder exports from Libya, accounting for a 0.4% share of total exports. Moreover, lamp holder exports to France exceeded the volume sent to the second major destination, the United Arab Emirates (X kg), sevenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to France totaled +59.6%.

In value terms, the largest markets for lamp holder exported from Libya were France ($X) and the United Arab Emirates ($X).

Among the main countries of destination, France, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

The average lamp holder export price stood at $X per ton in 2021, increasing by 24% against the previous year. Overall, the export price saw a resilient expansion. The most prominent rate of growth was recorded in 2014 when the average export price increased by 246% against the previous year. The export price peaked at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per ton), while the average price for exports to France amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (-4.6%), while the prices for the other major destinations experienced a decline.

Lamp Holder Imports

Imports into Libya

In 2022, the amount of lamp holders, plugs and sockets imported into Libya shrank sharply to X tons, waning by -16.2% on the previous year. Overall, imports recorded a deep setback. The growth pace was the most rapid in 2019 when imports increased by 143% against the previous year. Over the period under review, imports attained the maximum at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, lamp holder imports contracted significantly to $X in 2022. In general, imports saw a deep downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 167% 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

China (X tons), Turkey (X tons) and Italy (X tons) were the main suppliers of lamp holder imports to Libya, with a combined 1.6% share of total imports. Tunisia, Bulgaria and the United Arab Emirates lagged somewhat behind, together comprising a further 0.2%.

From 2012 to 2021, the biggest increases were recorded for Tunisia (with a CAGR of +20.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lamp holder suppliers to Libya were China ($X), Turkey ($X) and Italy ($X).

Tunisia, with a CAGR of +13.6%, saw 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

In 2021, the average lamp holder import price amounted to $X per ton, jumping by 30% against the previous year. Overall, import price indicated a perceptible expansion from 2012 to 2021: its price increased at an average annual rate of +2.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 43%. Over the period under review, average import prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+9.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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