Libya: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Libya

The Libyan non-propelled vehicle market dropped to $X in 2021, falling by -14.4% 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). Over the period under review, consumption posted a strong expansion. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a lower figure.

Non-Propelled Vehicle Exports

Exports from Libya

In 2021, the amount of vehicles not mechanically propelled exported from Libya stood at X units, remaining constant against 2020 figures. In general, exports showed a temperate expansion. The pace of growth was the most pronounced in 2013 with an increase of 233% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, non-propelled vehicle exports totaled $X in 2021. Over the period under review, exports enjoyed a slight increase. The pace of growth was the most pronounced in 2013 when exports increased by 115% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

The United Arab Emirates (X units) was the main destination for non-propelled vehicle exports from Libya, with a approx. 100% share of total exports.

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

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

Export Prices by Country

In 2021, the average non-propelled vehicle export price amounted to $X per unit, leveling off at the previous year. In general, the export price recorded a slight slump. The pace of growth was the most pronounced in 2013 a decrease of -35.6% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

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

From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to 0.0% per year.

Non-Propelled Vehicle Imports

Imports into Libya

In 2021, imports of vehicles not mechanically propelled into Libya stood at X units, picking up by 5.2% against 2020. Over the period under review, imports recorded a resilient increase. The growth pace was the most rapid in 2019 with an increase of 353% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, non-propelled vehicle imports shrank notably to $X in 2021. In general, imports enjoyed a strong increase. The pace of growth appeared the most rapid in 2019 with an increase of 378% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of non-propelled vehicle to Libya, accounting for a 75% share of total imports. Moreover, non-propelled vehicle imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X units), sevenfold. The third position in this ranking was held by Canada (X units), with a 4.6% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+45.5% per year) and Canada (+15.4% per year).

In value terms, China ($X) constituted the largest supplier of non-propelled vehicle to Libya, comprising 58% of total imports. The second position in the ranking was taken by Turkey ($X), with a 27% share of total imports. It was followed by Canada, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +20.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (+42.2% per year) and Canada (+5.2% per year).

Import Prices by Country

The average non-propelled vehicle import price stood at $X per unit in 2021, which is down by -29.3% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, non-propelled vehicle import price increased by +21.9% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the average import price increased by 64% against the previous year. As a result, import price reached the peak level of $X per unit, and then reduced dramatically in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, 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 (+31.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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