Report Update Nov 1, 2024

Libya - Retreaded Pneumatic Tyres - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Retreaded Pneumatic Tyre Market 2024

Retreaded Pneumatic Tyre Market Size in Libya

The Libyan retreaded pneumatic tyre market shrank modestly to $X in 2022, remaining relatively unchanged 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 enjoyed notable growth. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Retreaded Pneumatic Tyre Exports

Exports from Libya

In 2019, overseas shipments of retreaded pneumatic tyres decreased by 0% to X units for the first time since 2016, thus ending a two-year declining trend. Overall, exports enjoyed significant growth. The smallest decline of 99.9% was in 2017. The exports peaked in 2019 and are likely to continue growth in the immediate term.

In value terms, retreaded pneumatic tyre exports totaled $X in 2019. In general, exports saw a significant increase. The smallest decline of 99.9% was in 2017. Over the period under review, the exports reached the maximum in 2019 and are likely to see steady growth in years to come.

Exports by Country

Niger (X units) was the main destination for retreaded pneumatic tyre exports from Libya, with a approx. 100% share of total exports.

From 2016 to 2019, the average annual rate of growth in terms of volume to Niger was relatively modest.

From 2016 to 2019, the average annual growth rate of value to Niger was relatively modest.

Export Prices by Country

The average retreaded pneumatic tyre export price stood at $X per unit in 2019, leveling off at the previous year. Over the period under review, the export price showed a slight expansion. The growth pace was the most rapid in 2017 a decrease of 99.9%. Over the period under review, the average export prices hit record highs in 2019 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 Niger.

From 2016 to 2019, the rate of growth in terms of prices for Sudan amounted to 0.0% per year.

Retreaded Pneumatic Tyre Imports

Imports into Libya

In 2022, supplies from abroad of retreaded pneumatic tyres was finally on the rise to reach X units for the first time since 2018, thus ending a three-year declining trend. Overall, imports showed a slight expansion. The most prominent rate of growth was recorded in 2018 with an increase of 364% against the previous year. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, retreaded pneumatic tyre imports reduced rapidly to $X in 2022. In general, imports recorded a measured expansion. The pace of growth was the most pronounced in 2017 with an increase of 360% against the previous year. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Spain (X units), Belgium (X units) and the Netherlands (X units) were the main suppliers of retreaded pneumatic tyre imports to Libya, together accounting for 57% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +88.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of retreaded pneumatic tyres to Libya, comprising 36% of total imports. The second position in the ranking was taken by Spain ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from Italy totaled +7.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+25.0% per year) and the Netherlands (+41.8% per year).

Import Prices by Country

In 2022, the average retreaded pneumatic tyre import price amounted to $X per unit, with a decrease of -44.7% against the previous year. Overall, the import price, however, recorded moderate growth. The most prominent rate of growth was recorded in 2021 when the average import price increased by 187%. As a result, import price attained the peak level of $X per unit, and then dropped notably in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+42.6%), 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 retreaded pneumatic tyres 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. Japan, Pakistan, Germany, Brazil, Indonesia, the UK, France, Italy and South Korea lagged somewhat behind, together accounting for a further 25%.

What are the largest producers of retreaded pneumatic tyres in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 51% of global production.

What are the leading suppliers of retreaded pneumatic tyres to Libya?

In value terms, the largest retreaded pneumatic tyre suppliers to Libya were Spain, Belgium and the Netherlands, together accounting for 83% of total imports.

What is the average export price for retreaded pneumatic tyres in Libya?

In 2016, the average retreaded pneumatic tyre export price amounted to $5,833 per ton, therefore, remained relatively stable against the previous year.

What is the average import price for retreaded pneumatic tyres in Libya?

In 2021, the average retreaded pneumatic tyre import price amounted to $1,756 per ton, with a decrease of -15.1% against the previous year.

This report provides an in-depth analysis of the retreaded pneumatic tyre 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 22112030 - Retreaded tyres of rubber of a kind used on motor cars
Prodcom 22112050 - Retreaded tyres of rubber of a kind used on buses and lorries
Prodcom 22112090 - Retreaded tyres of rubber (including of a kind used on aircraft, excluding of a kind used on motor cars, buses or lorries)

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