Libya - Magnetic Media, not Recorded, Except Cards With A Magnetic Stripe - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Magnetic Media Market 2024
Magnetic Media Market Size in Libya
In 2021, the Libyan magnetic media market decreased by -5.3% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a dramatic decline. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.
Magnetic Media Exports
Exports from Libya
In 2021, after two years of growth, there was decline in overseas shipments of magnetic media, not recorded, except cards with a magnetic stripe, when their volume decreased by 0% to X units. In general, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2019 when exports increased by 550%. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the near future.
In value terms, magnetic media exports surged to $X in 2021. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Malta (X units) was the main destination for magnetic media exports from Libya, accounting for a approx. 51% share of total exports.
From 2012 to 2021, the average annual growth rate of volume to Malta was relatively modest.
In value terms, Malta ($X) emerged as the key foreign market for magnetic media, not recorded, except cards with a magnetic stripe exports from Libya, comprising 51% of total exports. The second position in the ranking was taken by Germany ($X), with a 0.2% share of total exports.
From 2012 to 2021, the average annual growth rate of value to Malta was relatively modest.
Export Prices by Country
In 2021, the average magnetic media export price amounted to $X per unit, growing by 284% against the previous year. Overall, the export price posted a significant expansion. The growth pace was the most rapid in 2018 when the average export price increased by 453% against the previous year. The export price peaked in 2021 and is likely to see steady growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Malta ($X per unit), while the average price for exports to Germany amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+28.6%).
Magnetic Media Imports
Imports into Libya
In 2021, purchases abroad of magnetic media, not recorded, except cards with a magnetic stripe decreased by -12.6% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a sharp decline. The pace of growth was the most pronounced in 2018 with an increase of 489% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
In value terms, magnetic media imports skyrocketed to $X in 2021. In general, imports continue to indicate a precipitous contraction. The pace of growth was the most pronounced in 2018 when imports increased by 405% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Switzerland (X units) constituted the largest supplier of magnetic media to Libya, accounting for a 47% share of total imports. Moreover, magnetic media imports from Switzerland exceeded the figures recorded by the second-largest supplier, Singapore (X units), threefold. Egypt (X units) ranked third in terms of total imports with an 11% share.
From 2012 to 2021, the average annual growth rate of volume from Switzerland totaled +86.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (-5.5% per year) and Egypt (+0.8% per year).
In value terms, Switzerland ($X) constituted the largest supplier of magnetic media, not recorded, except cards with a magnetic stripe to Libya, comprising 62% of total imports. The second position in the ranking was held by Japan ($X), with a 6.3% share of total imports. It was followed by Bulgaria, with a 4.8% share.
From 2012 to 2021, the average annual rate of growth in terms of value from Switzerland amounted to +103.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-11.0% per year) and Bulgaria (-14.7% per year).
Import Prices by Country
The average magnetic media import price stood at $X per unit in 2021, picking up by 52% against the previous year. In general, the import price showed a strong increase. The most prominent rate of growth was recorded in 2015 when the average import price increased by 111% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in years to come.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+39.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the magnetic media 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 26801100 - Magnetic tapes and magnetic discs, unrecorded, for the recording of sound or of other phenomena
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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