Libya: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in Libya

In 2021, the Libyan laptop and tablet computer market was finally on the rise to reach $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption, however, saw a deep setback. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Exports of Laptops and Palm-Top Computers

Exports from Libya

In 2021, after two years of growth, there was significant decline in shipments abroad of laptops and palm-top computers, when their volume decreased by -84.7% to X units. Overall, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 247% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, laptop and tablet computer exports shrank significantly to $X in 2021. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 with an increase of 892%. As a result, the exports reached the peak of $X, and then contracted significantly in the following year.

Exports by Country

Hungary (X units), Germany (X units) and South Africa (X units) were the main destinations of laptop and tablet computer exports from Libya, together comprising 59% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +30.8%), while the other leaders experienced mixed trend patterns.

In value terms, Hungary ($X) emerged as the key foreign market for laptops and palm-top computers exports from Libya, comprising 73% of total exports. The second position in the ranking was held by South Africa ($X), with a 5.8% share of total exports. It was followed by Spain, with a 5.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Hungary amounted to +81.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+11.6% per year) and Spain (+8.5% per year).

Export Prices by Country

In 2021, the average laptop and tablet computer export price amounted to $X per unit, surging by 15% against the previous year. In general, the export price showed a noticeable increase. The growth pace was the most rapid in 2020 an increase of 186%. The export price peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into Libya

In 2021, overseas purchases of laptops and palm-top computers were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. In general, imports, however, continue to indicate a perceptible descent. The pace of growth was the most pronounced in 2018 when imports increased by 668%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, laptop and tablet computer imports skyrocketed to $X in 2021. Over the period under review, imports, however, faced a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 1,128% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United Arab Emirates (X units) constituted the largest laptop and tablet computer supplier to Libya, accounting for a 70% share of total imports. Moreover, laptop and tablet computer imports from the United Arab Emirates exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from the United Arab Emirates totaled -5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+44.9% per year) and France (-12.1% per year).

In value terms, the United Arab Emirates ($X) constituted the largest supplier of laptops and palm-top computers to Libya, comprising 49% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 22% share of total imports.

From 2012 to 2021, the average annual growth rate of value from the United Arab Emirates totaled -16.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+43.3% per year) and France (-14.9% per year).

Import Prices by Country

In 2021, the average laptop and tablet computer import price amounted to $X per unit, with a decrease of -23.4% against the previous year. In general, the import price saw a abrupt downturn. The pace of growth appeared the most rapid in 2018 an increase of 60%. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average 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 the Netherlands ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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