Report Update Feb 1, 2025

Libya - Metal Cutting Shears and Similar Hand Tools - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Metal Cutting Shear Market 2025

Metal Cutting Shear Market Size in Libya

In 2022, the Libyan metal cutting shear market decreased by -27.7% to $X for the first time since 2017, thus ending a four-year rising trend. In general, consumption, however, enjoyed buoyant growth. Metal cutting shear consumption peaked at $X in 2021, and then declined markedly in the following year.

Metal Cutting Shear Exports

Exports from Libya

Metal cutting shear exports from Libya amounted to X kg in 2020, leveling off at 2019. In general, exports showed a significant expansion. The pace of growth was the most pronounced in 2016 with an increase of 133%. Over the period under review, the exports hit record highs in 2020 and are likely to continue growth in the immediate term.

In value terms, metal cutting shear exports amounted to $X in 2020. Overall, exports showed strong growth. The pace of growth was the most pronounced in 2016 when exports increased by 120%. As a result, the exports attained the peak of $X. From 2017 to 2020, the growth of the exports failed to regain momentum.

Exports by Country

Malta (X kg) was the main destination for metal cutting shear exports from Libya, with a approx. 100% share of total exports.

From 2015 to 2020, the average annual rate of growth in terms of volume to Malta was relatively modest.

From 2015 to 2020, the average annual rate of growth in terms of value to Malta was relatively modest.

Export Prices by Country

In 2020, the average metal cutting shear export price amounted to $X per ton, therefore, remained relatively stable against the previous year. Overall, the export price showed a dramatic decline. The pace of growth appeared the most rapid in 2018 when the average export price increased by 16% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2015; however, from 2016 to 2020, the export prices stood at a somewhat lower figure.

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

From 2015 to 2020, the rate of growth in terms of prices for Sudan amounted to -37.9% per year.

Metal Cutting Shear Imports

Imports into Libya

After four years of growth, purchases abroad of metal cutting shears and similar hand tools decreased by -20.6% to X tons in 2022. Overall, imports, however, saw prominent growth. The growth pace was the most rapid in 2019 with an increase of 507%. Imports peaked at X tons in 2021, and then contracted remarkably in the following year.

In value terms, metal cutting shear imports contracted significantly to $X in 2022. Over the period under review, imports, however, enjoyed resilient growth. The growth pace was the most rapid in 2019 when imports increased by 390%. Imports peaked at $X in 2021, and then contracted rapidly in the following year.

Imports by Country

Italy (X tons), China (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of metal cutting shear imports to Libya, with a combined 78% share of total imports. Turkey, Thailand, the United States, Bosnia and Herzegovina and Egypt lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Bosnia and Herzegovina (with a CAGR of +83.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), the United States ($X) and China ($X) constituted the largest metal cutting shear suppliers to Libya, together comprising 61% of total imports. Taiwan (Chinese), Turkey, Bosnia and Herzegovina, Egypt and Thailand lagged somewhat behind, together accounting for a further 33%.

Bosnia and Herzegovina, with a CAGR of +36.9%, saw 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 metal cutting shear import price amounted to $X per ton, declining by -12.8% against the previous year. In general, the import price saw a pronounced decline. The growth pace was the most rapid in 2021 an increase of 53% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 the United States ($X per ton), while the price for Thailand ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+34.6%), 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 metal cutting shears and similar hand tools in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 39% share of global consumption. Japan, Taiwan Chinese), Germany, Russia, Pakistan, the UK, Mexico, South Korea, Italy and Spain lagged somewhat behind, together comprising a further 32%.

What are the largest producers of metal cutting shears and similar hand tools in the world?

China remains the largest metal cutting shear producing country worldwide, comprising approx. 47% of total volume. Moreover, metal cutting shear production in China exceeded the figures recorded by the second-largest producer, India, fivefold. The third position in this ranking was occupied by Taiwan Chinese), with a 5.8% share.

What are the leading suppliers of metal cutting shears and similar hand tools to Libya?

In value terms, the largest metal cutting shear suppliers to Libya were Italy, the UK and China, with a combined 75% share of total imports.

What is the average export price for metal cutting shears and similar hand tools in Libya?

The average metal cutting shear export price stood at $4,714 per ton in 2020, standing approx. at the previous year.

What is the average import price for metal cutting shears and similar hand tools in Libya?

In 2021, the average metal cutting shear import price amounted to $6,163 per ton, with an increase of 9.2% against the previous year.

This report provides an in-depth analysis of the metal cutting shear 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 25733023 - Metal cutting shears and similar hand tools

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024