Report Update Nov 1, 2024

Libya - Lathes for Removing Metal - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Lathes For Removing Metal 2024

Market Size for Lathes For Removing Metal in Libya

For the third year in a row, the Libyan lathe for removing metal market recorded growth in sales value, which increased by 80% to $X in 2021. In general, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Exports of Lathes For Removing Metal

Exports from Libya

In 2021, overseas shipments of lathes for removing metal decreased by 0% to X units for the first time since 2017, thus ending a three-year declining trend. In general, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2017 with an increase of 17% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, lathe for removing metal exports shrank to $X in 2021. Over the period under review, exports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2016 with an increase of 64% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Italy (X units) was the main destination for lathe for removing metal exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Italy amounted to -11.5%.

In value terms, Italy ($X) also remains the key foreign market for lathes for removing metal exports from Libya.

From 2012 to 2021, the average annual growth rate of value to Italy totaled -17.1%.

Export Prices by Country

In 2021, the average lathe for removing metal export price amounted to $X per unit, dropping by -5.8% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 an increase of 79%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +6.2% per year.

Imports of Lathes For Removing Metal

Imports into Libya

In 2021, the amount of lathes for removing metal imported into Libya soared to X units, growing by 44% against the previous year. Overall, imports, however, showed a perceptible decline. The growth pace was the most rapid in 2017 with an increase of 207%. Over the period under review, lafor removing metal imports attained the peak figure at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, lathe for removing metal imports soared to $X in 2021. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by 321% against the previous year. Over the period under review, lafor removing metal imports reached the maximum at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X units), Austria (X units) and the United Arab Emirates (X units) were the main suppliers of lathe for removing metal imports to Libya, with a combined 53% share of total imports. The United States, Turkey, the Czech Republic, China, Germany, the UK and Italy lagged somewhat behind, together accounting for a further 29%.

From 2012 to 2021, the biggest increases were recorded for Turkey (with a CAGR of +16.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest lathe for removing metal suppliers to Libya were Austria ($X), Taiwan (Chinese) ($X) and the United Arab Emirates ($X), together comprising 46% of total imports.

In terms of the main suppliers, the United Arab Emirates, with a CAGR of +22.4%, saw the highest growth rate of the value of imports, 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 lathe for removing metal import price amounted to $X per unit, rising by 47% against the previous year. Overall, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +3.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, lathe for removing metal import price decreased by -6.3% against 2017 indices. The pace of growth was the most pronounced in 2016 an increase of 54%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, 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 UK ($X per unit), while the price for the Czech Republic ($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 UK (+16.2%), 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 lathes for removing metal in the world?

South Africa remains the largest lathe for removing metal consuming country worldwide, comprising approx. 35% of total volume. Moreover, lathe for removing metal consumption in South Africa exceeded the figures recorded by the second-largest consumer, Japan, twofold. China ranked third in terms of total consumption with a 7.3% share.

What are the largest producers of lathes for removing metal in the world?

The countries with the highest volumes of lathe for removing metal production in 2021 were Japan, China and India, with a combined 64% share of global production.

What are the leading suppliers of lathes for removing metal to Libya?

In value terms, Italy, Turkey and the UK constituted the largest lathe for removing metal suppliers to Libya, together accounting for 50% of total imports. These countries were followed by China, the Czech Republic, the Netherlands, the United Arab Emirates, Belgium and Canada, which together accounted for a further 8.7%.

What are the leading importers of lathes for removing metal from Libya?

In value terms, Italy remains the key foreign market for lathe for removing metal exports from Libya.

What is the average export price for lathes for removing metal in Libya?

In 2021, the average lathe for removing metal export price amounted to $9,018 per unit, surging by 1.7% against the previous year.

What is the average import price for lathes for removing metal in Libya?

In 2021, the average lathe for removing metal import price amounted to $26,931 per unit, falling by -29% against the previous year.

This report provides an in-depth analysis of the market for lathe for removing metal 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 28412123 - Numerically controlled horizontal lathes, turning centres, for removing metal
Prodcom 28412127 - Numerically controlled horizontal lathes, automatic lathes, for removing metal (excluding turning centres)
Prodcom 28412129 - Numerically controlled horizontal lathes, for removing metal (excluding turning centres, automatic lathes)
Prodcom 28412140 - Non-numerically controlled horizontal lathes, for removing metal
Prodcom 28412160 - Lathes, including turning centres, for removing metal (excluding horizontal lathes)

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