Report Update Nov 1, 2024

Libya - Machinery for the Preparation or Manufacture of Food or Drink - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Food Manufacture Machinery Market 2024

Food Manufacture Machinery Market Size in Libya

The Libyan food manufacture machinery market soared to $X in 2021, jumping by 273% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a prominent expansion. Food manufacture machinery consumption peaked in 2021 and is likely to see steady growth in the immediate term.

Food Manufacture Machinery Exports

Exports from Libya

After two years of decline, overseas shipments of machinery for the preparation or manufacture of food or drink decreased by 0% to X units in 2021. Overall, exports continue to indicate significant growth. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

In value terms, food manufacture machinery exports stood at $X in 2021. Over the period under review, exports posted a significant increase. The smallest decline of 99.9% was in 2019. Over the period under review, the exports attained the peak figure in 2021 and are likely to continue growth in years to come.

Exports by Country

Senegal (X units) was the main destination for food manufacture machinery exports from Libya, with a approx. 100% share of total exports.

From 2016 to 2021, the average annual rate of growth in terms of volume to Senegal was relatively modest.

From 2016 to 2021, the average annual growth rate of value to Senegal was relatively modest.

Export Prices by Country

The average food manufacture machinery export price stood at $X per unit in 2021, remaining stable against the previous year. Over the period under review, the export price showed a deep setback. The pace of growth was the most pronounced in 2019 a decrease of 99.9% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 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 Senegal.

From 2016 to 2021, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.

Food Manufacture Machinery Imports

Imports into Libya

Food manufacture machinery imports into Libya surged to X units in 2021, rising by 179% on 2020 figures. Over the period under review, imports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 with an increase of 348%. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, food manufacture machinery imports surged to $X in 2021. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 326%. Imports peaked in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Italy (X units), Turkey (X units) and Spain (X units) were the main suppliers of food manufacture machinery imports to Libya, together comprising 22% of total imports. These countries were followed by Germany, Lebanon, Greece and China, which together accounted for a further 7.5%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +49.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest food manufacture machinery suppliers to Libya were Italy ($X), Turkey ($X) and Germany ($X), with a combined 15% share of total imports. Spain, China, Greece and Lebanon lagged somewhat behind, together comprising a further 5.4%.

In terms of the main suppliers, Greece, with a CAGR of +47.6%, 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

The average food manufacture machinery import price stood at $X per unit in 2021, with an increase of 51% against the previous year. Overall, import price indicated a perceptible increase from 2012 to 2021: its price increased at an average annual rate of +2.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+13.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for machinery for the preparation or manufacture of food or drink in the world?

The countries with the highest volumes of in 2021 were China, South Africa and the United States, with a combined 34% share of global consumption. India, Norway, Japan, Brazil, Germany, Mexico, France, Democratic Republic of the Congo, Indonesia and Spain lagged somewhat behind, together accounting for a further 30%.

What are the largest producers of machinery for the preparation or manufacture of food or drink in the world?

The country with the largest volume of food manufacture machinery production was China, accounting for 20% of total volume. Moreover, food manufacture machinery production in China exceeded the figures recorded by the second-largest producer, South Africa, twofold. India ranked third in terms of total production with a 7% share.

What are the leading suppliers of machinery for the preparation or manufacture of food or drink to Libya?

In value terms, Italy, Lebanon and Turkey appeared to be the largest food manufacture machinery suppliers to Libya, together accounting for 43% of total imports. Germany, Egypt, Greece and Spain lagged somewhat behind, together accounting for a further 36%.

What is the average import price for machinery for the preparation or manufacture of food or drink in Libya?

In 2021, the average food manufacture machinery import price amounted to $70 per unit, declining by -35.4% against the previous year.

This report provides an in-depth analysis of the food manufacture machinery market 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 28931770 - Machinery for the preparation or manufacture of food or drink, n .e.c.

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