Libya: Data Storage Device Market 2025

Data Storage Device Market Size in Libya

The Libyan data storage device market shrank to $X in 2022, with a decrease of -11.4% 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 saw a abrupt downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Data Storage Device Exports

Exports from Libya

In 2022, approx. X units of data storage devices were exported from Libya; approximately equating the previous year. In general, exports saw a abrupt downturn. The pace of growth appeared the most rapid in 2013 with an increase of 135% against the previous year. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, data storage device exports fell slightly to $X in 2022. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 223% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X units), Ireland (X units) and France (X units) were the main destinations of data storage device exports from Libya, with a combined 60% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of 0.0%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) emerged as the key foreign market for data storage devices exports from Libya, comprising 47% of total exports. The second position in the ranking was taken by France ($X), with a 1.1% share of total exports. It was followed by Hungary, with a 0.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to the Netherlands stood at -4.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-45.4% per year) and Hungary (-73.0% per year).

Export Prices by Country

The average data storage device export price stood at $X per unit in 2022, stabilizing at the previous year. In general, the export price showed a deep contraction. The pace of growth was the most pronounced in 2017 when the average export price increased by 834%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Ireland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malta (+19.9%), while the prices for the other major destinations experienced a decline.

Data Storage Device Imports

Imports into Libya

In 2022, data storage device imports into Libya shrank to X units, reducing by -10% against 2021 figures. In general, imports faced a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 758%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, data storage device imports contracted to $X in 2022. Overall, imports saw a deep contraction. The pace of growth was the most pronounced in 2018 when imports increased by 754%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Ireland (X units) constituted the largest data storage device supplier to Libya, with a 77% share of total imports. Moreover, data storage device imports from Ireland exceeded the figures recorded by the second-largest supplier, China (X units), fivefold. The Czech Republic (X units) ranked third in terms of total imports with a 1.5% share.

From 2012 to 2022, the average annual growth rate of volume from Ireland stood at +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+38.3% per year) and the Czech Republic (+0.2% per year).

In value terms, Ireland ($X) constituted the largest supplier of data storage devices to Libya, comprising 40% of total imports. The second position in the ranking was taken by China ($X), with a 5.2% share of total imports. It was followed by the Czech Republic, with a 4.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Ireland amounted to +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+16.1% per year) and the Czech Republic (+2.2% per year).

Import Prices by Country

The average data storage device import price stood at $X per unit in 2022, with a decrease of -4.3% against the previous year. In general, the import price showed a pronounced downturn. The growth pace was the most rapid in 2017 an increase of 41%. Over the period under review, average import prices attained the peak figure at $X per unit in 2014; however, from 2015 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 the Czech Republic ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+6.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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