Libya - Wooden Furniture of A Kind Used in the Kitchen - Market Analysis, Forecast, Size, Trends and Insights
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View PricingLibya: Wooden Kitchen Furniture Market 2024
Wooden Kitchen Furniture Market Size in Libya
In 2022, the Libyan wooden kitchen furniture market decreased by -0.3% to $X, falling for the third year in a row after two years of growth. Overall, consumption recorded a pronounced shrinkage. Wooden kitchen furniture consumption peaked at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.
Wooden Kitchen Furniture Exports
Exports from Libya
In 2022, wooden kitchen furniture exports from Libya dropped to X units, shrinking by -7.6% compared with the previous year's figure. Overall, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 318%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports remained at a lower figure.
In value terms, wooden kitchen furniture exports soared to $X in 2022. Over the period under review, exports, however, showed a significant increase. The pace of growth was the most pronounced in 2019 with an increase of 310% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
Exports by Country
Norway (X units) was the main destination for wooden kitchen furniture exports from Libya, accounting for a 82% share of total exports. Moreover, wooden kitchen furniture exports to Norway exceeded the volume sent to the second major destination, Malta (X units), fivefold.
From 2012 to 2022, the average annual growth rate of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+4.1% per year) and Niger (0.0% per year).
In value terms, Norway ($X) emerged as the key foreign market for wooden furniture for kitchens exports from Libya, comprising 78% of total exports. The second position in the ranking was taken by Malta ($X), with a 12% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malta (+1.6% per year) and Niger (0.0% per year).
Export Prices by Country
In 2022, the average wooden kitchen furniture export price amounted to $X per unit, jumping by 50% against the previous year. Overall, the export price posted a slight expansion. The pace of growth was the most pronounced in 2020 an increase of 314% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Niger ($X per unit), while the average price for exports to Malta ($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 Morocco (+109.9%), while the prices for the other major destinations experienced a decline.
Wooden Kitchen Furniture Imports
Imports into Libya
In 2022, purchases abroad of wooden furniture for kitchens decreased by -0.2% to X units, falling for the third consecutive year after two years of growth. Over the period under review, imports recorded a slight descent. The most prominent rate of growth was recorded in 2019 with an increase of 237% against the previous year. Imports peaked at X units in 2015; however, from 2016 to 2022, imports failed to regain momentum.
In value terms, wooden kitchen furniture imports contracted to $X in 2022. Overall, imports recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 when imports increased by 225%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.
Imports by Country
Italy (X units), Turkey (X units) and Malaysia (X units) were the main suppliers of wooden kitchen furniture imports to Libya, with a combined 74% share of total imports.
From 2012 to 2022, the biggest increases were recorded for Malaysia (with a CAGR of +25.1%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Italy ($X), Turkey ($X) and Malaysia ($X) were the largest wooden kitchen furniture suppliers to Libya, with a combined 77% share of total imports.
Malaysia, with a CAGR of +12.4%, recorded the highest growth rate of the value of imports, among 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 wooden kitchen furniture import price stood at $X per unit in 2022, approximately equating the previous year. Over the period under review, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 32%. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+24.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the wooden kitchen furniture 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 31021000 - Kitchen furniture
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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