Libya: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Libya

The Libyan market for non-domestic percolators and equipment for cooking or heating food declined to $X in 2022, reducing by -1.5% 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 enjoyed a moderate increase. Over the period under review, the market attained the peak level at $X in 2021, and then dropped modestly in the following year.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Libya

Exports of non-domestic percolators and equipment for cooking or heating food from Libya was estimated at X units in 2022, remaining constant against the previous year's figure. Over the period under review, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 33%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food stood at $X in 2022. In general, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2018 when exports increased by 98% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units) and Germany (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Libya.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ghana (with a CAGR of 0.0%).

In value terms, Germany ($X) remains the key foreign market for non-domestic percolators and equipment for cooking or heating food exports from Libya, comprising 99% of total exports. The second position in the ranking was held by Ghana ($X), with a 0.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany totaled -20.3%.

Export Prices by Country

The average export price for non-domestic percolators and equipment for cooking or heating food stood at $X per unit in 2022, growing by 10% against the previous year. In general, the export price, however, saw a noticeable contraction. The pace of growth was the most pronounced in 2019 an increase of 66%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Ghana stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovenia (+43.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Libya

In 2022, imports of non-domestic percolators and equipment for cooking or heating food into Libya rose remarkably to X units, surging by 12% against the year before. Over the period under review, imports recorded resilient growth. The most prominent rate of growth was recorded in 2019 with an increase of 670% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food reduced sharply to $X in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 625% against the previous year. Imports peaked at $X in 2021, and then contracted significantly in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Libya, with a 52% share of total imports. Moreover, imports of non-domestic percolators and equipment for cooking or heating food from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Turkey (X units) ranked third in terms of total imports with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +15.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-5.4% per year) and Turkey (+24.5% per year).

In value terms, Italy ($X) constituted the largest supplier of non-domestic percolators and equipment for cooking or heating food to Libya, comprising 37% of total imports. The second position in the ranking was taken by Turkey ($X), with an 18% share of total imports. It was followed by Canada, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+21.6% per year) and Canada (+59.4% per year).

Import Prices by Country

In 2022, the average import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, waning by -25.4% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 an increase of 51%. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 Turkey ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (-0.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform