Report Libya - Refrigerating and Freezing Equipment and Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights for 499$

Report Update Nov 1, 2024

Libya - Refrigerating and Freezing Equipment and Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Commercial Refrigeration Equipment Market 2024

Commercial Refrigeration Equipment Market Size in Libya

The Libyan commercial refrigeration equipment market surged to $X in 2021, with an increase of 199% 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 showed a modest increase. Commercial refrigeration equipment consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Commercial Refrigeration Equipment Exports

Exports from Libya

In 2021, approx. X units of refrigerating and freezing equipment and heat pumps (except household type equipment) were exported from Libya; waning by -17.8% on 2020. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2014 with an increase of 350%. Over the period under review, the exports hit record highs at X units in 2020, and then contracted sharply in the following year.

In value terms, commercial refrigeration equipment exports shrank rapidly to $X in 2021. Over the period under review, exports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2019 when exports increased by 114% against the previous year. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Ghana (X units) was the main destination for commercial refrigeration equipment exports from Libya, accounting for a approx. 99% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ghana totaled +96.9%.

In value terms, Ghana ($X) also remains the key foreign market for refrigerating and freezing equipment and heat pumps (except household type equipment) exports from Libya.

From 2012 to 2021, the average annual growth rate of value to Ghana amounted to +72.4%.

Export Prices by Country

In 2021, the average commercial refrigeration equipment export price amounted to $X per unit, which is down by -38.8% against the previous year. In general, the export price saw a significant decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 165%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to -12.4% per year.

Commercial Refrigeration Equipment Imports

Imports into Libya

In 2021, approx. X units of refrigerating and freezing equipment and heat pumps (except household type equipment) were imported into Libya; growing by 213% compared with the year before. Overall, imports enjoyed a modest expansion. Imports peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, commercial refrigeration equipment imports skyrocketed to $X in 2021. In general, imports showed a modest increase. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Turkey (X units), Tunisia (X units) and China (X units) were the main suppliers of commercial refrigeration equipment imports to Libya, together comprising 63% of total imports. Germany, the United Arab Emirates, Italy, Denmark, France, Japan, Indonesia and the United States lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +27.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest commercial refrigeration equipment suppliers to Libya were Turkey ($X), China ($X) and Italy ($X), together accounting for 54% of total imports. These countries were followed by Tunisia, Germany, France, Denmark, the United Arab Emirates, Japan, Indonesia and the United States, which together accounted for a further 22%.

Japan, with a CAGR of +22.5%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 commercial refrigeration equipment import price stood at $X per unit in 2021, declining by -9.9% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 19%. The import price peaked at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per unit), while the price for Tunisia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+9.8%), 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 refrigerating and freezing equipment and heat pumps (except household type equipment) in the world?

The countries with the highest volumes of commercial refrigeration equipment consumption in 2020 were China, Japan and Brazil, together accounting for 40% of global consumption. The United States, Kazakhstan, Canada, Mexico, India, Turkey, Germany and Thailand lagged somewhat behind, together accounting for a further 27%.

What are the largest producers of refrigerating and freezing equipment and heat pumps (except household type equipment) in the world?

China constituted the country with the largest volume of commercial refrigeration equipment production, comprising approx. 37% of total volume. Moreover, commercial refrigeration equipment production in China exceeded the figures recorded by the second-largest producer, Japan, threefold. Brazil ranked third in terms of total production with a 7% share.

What are the leading suppliers of refrigerating and freezing equipment and heat pumps (except household type equipment) to Libya?

In value terms, the largest commercial refrigeration equipment suppliers to Libya were Turkey, China and Italy, with a combined 61% share of total imports. France, Tunisia, Denmark and Japan lagged somewhat behind, together accounting for a further 20%.

What are the leading importers of refrigerating and freezing equipment and heat pumps (except household type equipment) from Libya?

In value terms, Egypt $212) remains the key foreign market for commercial refrigeration equipment exports from Libya, comprising 58% of total exports. The second position in the ranking was occupied by Ghana $61), with a 17% share of total exports.

What is the average export price for refrigerating and freezing equipment and heat pumps (except household type equipment) in Libya?

In 2020, the average commercial refrigeration equipment export price amounted to $9.9 per unit, with a decrease of -56.3% against the previous year.

What is the average import price for refrigerating and freezing equipment and heat pumps (except household type equipment) in Libya?

The average commercial refrigeration equipment import price stood at $24 per unit in 2020, rising by 11% against the previous year.

This report provides an in-depth analysis of the commercial refrigeration equipment 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 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
Prodcom 28251340 -
Prodcom 28251350 -
Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
Prodcom 28251390 - Other refrigerating or freezing equipment

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