Report Update Nov 1, 2024

Libya - Outboard Motors for Marine Propulsion - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Outboard Boat Motors Market 2024

Outboard Boat Motors Market Size in Libya

The Libyan outboard boat motors market declined dramatically to $X in 2022, with a decrease of X% 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, showed strong growth. Outboard boat motors consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Outboard Boat Motors Exports

Exports from Libya

In 2018, after two years of decline, there was decline in overseas shipments of outboard motors for marine propulsion, when their volume decreased by X% to X units. In general, exports saw a significant increase. The smallest decline of X% was in 2016. Over the period under review, the exports reached the maximum in 2018 and are likely to see gradual growth in years to come.

In value terms, outboard boat motors exports amounted to $X in 2018. Over the period under review, exports saw a significant increase. The smallest decline of X% was in 2016. Over the period under review, the exports reached the maximum in 2018 and are expected to retain growth in the immediate term.

Exports by Country

Sudan (X units) was the main destination for outboard boat motors exports from Libya, with a approx. X% share of total exports.

From 2015 to 2018, the average annual rate of growth in terms of volume to Sudan was relatively modest.

From 2015 to 2018, the average annual growth rate of value to Sudan was relatively modest.

Export Prices by Country

The average outboard boat motors export price stood at $X per unit in 2018, flattening at the previous year. Over the period under review, the export price enjoyed tangible growth. The pace of growth appeared the most rapid in 2016 when the average export price decreased by X%. Over the period under review, the average export prices reached the peak figure in 2018 and is expected to retain growth in years to come.

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

From 2015 to 2018, the rate of growth in terms of prices for Sudan amounted to X% per year.

Outboard Boat Motors Imports

Imports into Libya

In 2022, outboard boat motors imports into Libya contracted notably to X units, which is down by X% compared with the previous year. Over the period under review, imports, however, saw a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports remained at a lower figure.

In value terms, outboard boat motors imports plummeted to $X in 2022. Overall, imports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest outboard boat motors supplier to Libya, accounting for a X% share of total imports. Moreover, outboard boat motors imports from China exceeded the figures recorded by the second-largest supplier, Japan (X units), twofold. The third position in this ranking was held by the United Arab Emirates (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the United Arab Emirates (X% per year).

In value terms, the largest outboard boat motors suppliers to Libya were Japan ($X), China ($X) and the United Arab Emirates ($X), with a combined X% share of total imports. Tunisia, Belgium and France lagged somewhat behind, together comprising a further X%.

Tunisia, with a CAGR of X%, recorded the highest growth rate of 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

The average outboard boat motors import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a measured expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Tunisia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for outboard motors for marine propulsion in the world?

China remains the largest outboard boat motors consuming country worldwide, accounting for 31% of total volume. Moreover, outboard boat motors consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by Pakistan, with a 7% share.

What are the largest producers of outboard motors for marine propulsion in the world?

The countries with the highest volumes of in 2021 were China, Japan and Pakistan, with a combined 62% share of global production. These countries were followed by France, Germany, the United States, Thailand, Spain, Saudi Arabia, India, Italy, Kenya and Poland, which together accounted for a further 24%.

What are the leading suppliers of outboard motors for marine propulsion to Libya?

In value terms, the United Arab Emirates constituted the largest supplier of outboard boat motors to Libya, comprising 35% of total imports. The second position in the ranking was occupied by Turkey, with a 17% share of total imports. It was followed by Malta, with a 5.9% share.

What is the average export price for outboard motors for marine propulsion in Libya?

The average outboard boat motors export price stood at $18,454 per ton in 2018, standing approx. at the previous year.

What is the average import price for outboard motors for marine propulsion in Libya?

The average outboard boat motors import price stood at $16,982 per ton in 2021, rising by 2.1% against the previous year.

This report provides an in-depth analysis of the outboard boat motors 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 28111100 - Marine propulsion spark ignition reciprocating or rotary internal combustion piston engines, outboard motors

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