Report Update Nov 1, 2024

Libya - Residential, commercial and industrial lighting fixture - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Residential, Commercial and Industrial Lighting Fixture 2024

Market Size for Residential, Commercial and Industrial Lighting Fixture in Libya

The Libyan market for residential, commercial and industrial lighting fixture surged to $X in 2021, picking up by 230% 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). Overall, consumption posted a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Residential, Commercial and Industrial Lighting Fixture

Exports from Libya

In 2021, exports of residential, commercial and industrial lighting fixture from Libya declined to X units, shrinking by -6.8% against 2020. Over the period under review, exports saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when exports increased by 629%. As a result, the exports reached the peak of X units. From 2015 to 2021, the growth of the exports of failed to regain momentum.

In value terms, exports of residential, commercial and industrial lighting fixture shrank to $X in 2021. Overall, exports saw a significant contraction. The growth pace was the most rapid in 2014 when exports increased by 668%. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) and the Netherlands (X units) were the main destinations of exports of residential, commercial and industrial lighting fixture from Libya.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of 0.0%).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for residential, commercial and industrial lighting fixture exports from Libya, comprising 69% of total exports. The second position in the ranking was held by the Netherlands ($X), with a 31% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest.

Export Prices by Country

In 2021, the average export price for residential, commercial and industrial lighting fixture amounted to $X per unit, approximately equating the previous year. Overall, the export price showed a abrupt slump. The pace of growth appeared the most rapid in 2020 an increase of 5.8% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to the Netherlands amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.9%).

Imports of Residential, Commercial and Industrial Lighting Fixture

Imports into Libya

In 2021, imports of residential, commercial and industrial lighting fixture into Libya surged to X units, rising by 220% on the previous year's figure. Over the period under review, imports showed a buoyant expansion. Over the period under review, imports of attained the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, imports of residential, commercial and industrial lighting fixture skyrocketed to $X in 2021. Overall, imports saw a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X units), Turkey (X units) and the United Arab Emirates (X units) were the main suppliers of imports of residential, commercial and industrial lighting fixture to Libya, together accounting for 84% of total imports.

From 2012 to 2021, the biggest increases were recorded for the United Arab Emirates (with a CAGR of +35.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of residential, commercial and industrial lighting fixture to Libya, comprising 52% of total imports. The second position in the ranking was taken by Turkey ($X), with a 25% share of total imports. It was followed by the United Arab Emirates, with a 6.6% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +20.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+9.8% per year) and the United Arab Emirates (+40.1% per year).

Import Prices by Country

The average import price for residential, commercial and industrial lighting fixture stood at $X per unit in 2021, rising by 7.7% against the previous year. Over the period under review, the import price showed a resilient expansion. The growth pace was the most rapid in 2014 an increase of 147%. Over the period under review, average import prices reached the maximum at $X per unit in 2016; however, from 2017 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.3%), 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 residential, commercial and industrial lighting fixture in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 51% share of global consumption. These countries were followed by Mexico, Brazil, Russia, Germany, the UK, Canada, Thailand, Egypt, Indonesia and South Korea, which together accounted for a further 25%.

What are the largest producers of residential, commercial and industrial lighting fixture in the world?

The country with the largest volume of production of residential, commercial and industrial lighting fixture was China, accounting for 58% of total volume. Moreover, production of residential, commercial and industrial lighting fixture in China exceeded the figures recorded by the second-largest producer, India, eightfold. The United States ranked third in terms of total production with a 6.3% share.

What are the leading suppliers of residential, commercial and industrial lighting fixture to Libya?

In value terms, the largest residential, commercial and industrial lighting fixture suppliers to Libya were China and Turkey.

What are the leading importers of residential, commercial and industrial lighting fixture from Libya?

In value terms, the Netherlands $358) remains the key foreign market for residential, commercial and industrial lighting fixture exports from Libya.

What is the average export price for residential, commercial and industrial lighting fixture in Libya?

The average export price for residential, commercial and industrial lighting fixture stood at $5.5 per unit in 2021, flattening at the previous year.

What is the average import price for residential, commercial and industrial lighting fixture in Libya?

In 2021, the average import price for residential, commercial and industrial lighting fixture amounted to $8.3 per unit, reducing by -19.5% against the previous year.

This report provides an in-depth analysis of the market for residential, commercial and industrial lighting fixture 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 27402200 - Electric table, desk, bedside or floor-standing lamps
Prodcom 27402500 - Chandeliers and other electric ceiling or wall lighting fittings (excluding those used for lighting public open spaces or thoroughfares)

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