Libya: Market for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators 2025

Market Size for Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators in Libya

The Libyan nickel and lithium accumulators market declined notably to $X in 2022, with a decrease of -77.1% 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). In general, consumption, however, continues to indicate moderate growth. Nickel and lithium accumulators consumption peaked at $X in 2021, and then fell sharply in the following year.

Exports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Exports from Libya

After two years of decline, shipments abroad of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators decreased by -42.9% to X units in 2022. In general, exports showed a noticeable decrease. The most prominent rate of growth was recorded in 2018 with an increase of 300% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, nickel and lithium accumulators exports dropped to $X in 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The pace of growth was the most pronounced in 2018 with an increase of 227% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for nickel and lithium accumulators exports from Libya, with a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands stood at -4.0%.

In value terms, the Netherlands ($X) also remains the key foreign market for nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators exports from Libya.

From 2012 to 2022, the average annual growth rate of value to the Netherlands stood at -4.5%.

Export Prices by Country

In 2022, the average nickel and lithium accumulators export price amounted to $X per unit, jumping by 54% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by 177% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2022, the average export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Austria amounted to +18.6% per year.

Imports of Nickel-Cadmium, Nickel Metal Hydride, Lithium-Ion, Lithium Polymer And Nickel-Iron Accumulators

Imports into Libya

In 2022, imports of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators into Libya shrank rapidly to X units, reducing by -77.4% on 2021. Over the period under review, imports, however, enjoyed a slight increase. The pace of growth was the most pronounced in 2017 with an increase of 1,454%. Over the period under review, imports reached the maximum at X units in 2021, and then declined significantly in the following year.

In value terms, nickel and lithium accumulators imports declined dramatically to $X in 2022. In general, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2017 when imports increased by 647%. Imports peaked at $X in 2021, and then fell remarkably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest nickel and lithium accumulators supplier to Libya, with a 56% share of total imports. Moreover, nickel and lithium accumulators imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), tenfold. The third position in this ranking was taken by the United Arab Emirates (X units), with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+5.6% per year) and the United Arab Emirates (+13.8% per year).

In value terms, China ($X) constituted the largest supplier of nickel-cadmium, nickel metal hydride, lithium-ion, lithium polymer and nickel-iron accumulators to Libya, comprising 77% of total imports. The second position in the ranking was held by Turkey ($X), with a 2.6% share of total imports. It was followed by India, with a 2.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +26.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+3.9% per year) and India (+16.7% per year).

Import Prices by Country

The average nickel and lithium accumulators import price stood at $X per unit in 2022, surging by 2.1% against the previous year. Over the period under review, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 119%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average 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 Italy ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+15.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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