Report Update Nov 1, 2024

Libya - Lifts, Elevators, Moving Stairways and Draglines - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Lifts, Elevators, Moving Stairways and Draglines 2024

Market Size for Lifts, Elevators, Moving Stairways and Draglines in Libya

In 2022, after two years of decline, there was significant growth in the Libyan market for lifts, elevators, moving stairways and draglines, when its value increased by 151% to $X. Over the period under review, consumption enjoyed strong growth. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the near future.

Exports of Lifts, Elevators, Moving Stairways and Draglines

Exports from Libya

In 2020, the amount of lifts, elevators, moving stairways and draglines exported from Libya was estimated at X units, approximately equating the previous year. In general, exports saw a deep slump. The smallest decline of 99.9% was in 2015. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

In value terms, lift, elevator, stairway and dragline exports soared to $X in 2020. Overall, exports saw a precipitous contraction. The exports peaked at $X in 2014; however, from 2015 to 2020, the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for lift, elevator, stairway and dragline exports from Libya, accounting for a approx. 100% share of total exports.

From 2014 to 2020, the average annual rate of growth in terms of volume to Turkey was relatively modest.

In value terms, Turkey ($X) emerged as the key foreign market for lifts, elevators, moving stairways and draglines exports from Libya.

From 2014 to 2020, the average annual rate of growth in terms of value to Turkey was relatively modest.

Export Prices by Country

In 2020, the average export price for lifts, elevators, moving stairways and draglines amounted to $X per unit, picking up by 454% against the previous year. Over the period under review, the export price, however, saw a sharp downturn. The export price peaked at $X per unit in 2014; however, from 2015 to 2020, the export prices failed to regain momentum.

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

From 2014 to 2020, the rate of growth in terms of prices for Turkey amounted to 0.0% per year.

Imports of Lifts, Elevators, Moving Stairways and Draglines

Imports into Libya

After two years of decline, purchases abroad of lifts, elevators, moving stairways and draglines increased by 171% to X units in 2022. Overall, imports saw significant growth. The pace of growth was the most pronounced in 2013 with an increase of 277%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, lift, elevator, stairway and dragline imports surged to $X in 2022. In general, imports continue to indicate strong growth. The pace of growth appeared the most rapid in 2013 when imports increased by 227%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports by Country

In 2022, France (X units) constituted the largest supplier of lift, elevator, stairway and dragline to Libya, with a 53% share of total imports. Moreover, lift, elevator, stairway and dragline imports from France exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The third position in this ranking was taken by Belgium (X units), with an 8.9% share.

From 2012 to 2022, the average annual growth rate of volume from France amounted to +27.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+17.7% per year) and Belgium (+20.4% per year).

In value terms, Turkey ($X), Belgium ($X) and Slovakia ($X) constituted the largest lift, elevator, stairway and dragline suppliers to Libya, with a combined 60% share of total imports.

Slovakia, with a CAGR of +145.8%, 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

In 2022, the average import price for lifts, elevators, moving stairways and draglines amounted to $X per unit, shrinking by -10.5% against the previous year. In general, the import price showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 40% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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 Spain ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovakia (+17.6%), 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 lifts, elevators, moving stairways and draglines in the world?

China remains the largest lift, elevator, stairway and dragline consuming country worldwide, accounting for 22% of total volume. Moreover, lift, elevator, stairway and dragline consumption in China exceeded the figures recorded by the second-largest consumer, the United States, twofold. The third position in this ranking was occupied by India, with a 7.6% share.

What are the largest producers of lifts, elevators, moving stairways and draglines in the world?

The country with the largest volume of lift, elevator, stairway and dragline production was China, accounting for 26% of total volume. Moreover, lift, elevator, stairway and dragline production in China exceeded the figures recorded by the second-largest producer, India, twofold. The third position in this ranking was occupied by the United States, with a 7.6% share.

What are the leading suppliers of lifts, elevators, moving stairways and draglines to Libya?

In value terms, Turkey, Belgium and Sweden appeared to be the largest lift, elevator, stairway and dragline suppliers to Libya, together accounting for 72% of total imports.

What is the average export price for lifts, elevators, moving stairways and draglines in Libya?

In 2020, the average export price for lifts, elevators, moving stairways and draglines amounted to $2,360 per unit, approximately reflecting the previous year.

What is the average import price for lifts, elevators, moving stairways and draglines in Libya?

The average import price for lifts, elevators, moving stairways and draglines stood at $16,569 per unit in 2021, increasing by 57% against the previous year.

This report provides an in-depth analysis of the market for lift, elevator, stairway and dragline 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 28221630 - Electrically operated lifts and skip hoists
Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
Prodcom 28221670 - Escalators and moving walkways
Prodcom 28221740 - Pneumatic elevators and conveyors
Prodcom 28221820 - Teleferics, chair-lifts, ski-draglines and traction mechanisms for funiculars

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