Price for Non-Keyboard Electrical Musical Instruments in Libya - 2022

Contents:

1. Price for Non-Keyboard Electrical Musical Instruments in Libya (CIF) - 2022
2. Imports of Non-Keyboard Electrical Musical Instruments in Libya

Price for Non-Keyboard Electrical Musical Instruments in Libya (CIF) - 2022

The average non-keyboard electrical musical instruments import price stood at $56 per unit in 2022, rising by 28% against the previous year. Overall, the import price, however, saw a deep contraction. The import price peaked at $304 per unit in 2012; however, from 2013 to 2022, 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 Tunisia ($85 per unit), while the price for China ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Tunisia (-2.1%), while the prices for the other major suppliers experienced a decline.

Imports of Non-Keyboard Electrical Musical Instruments in Libya

In 2022, the amount of non-keyboard electrical musical instrumentses imported into Libya plummeted to 8 units, which is down by -91.4% against the previous year. In general, imports continue to indicate a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 72% against the previous year. Over the period under review, imports attained the peak figure at 138 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-keyboard electrical musical instruments imports shrank sharply to $450 in 2022. Overall, imports saw a dramatic curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 113% against the previous year. Over the period under review, imports reached the peak figure at $6.4K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Non-Keyboard Electrical Musical Instruments to Libya in 2022:

1. Germany (5.0 units)
2. Turkey (1.0 units)
3. Tunisia (1.0 units)
4. China (1.0 units)

Source: IndexBox Market Intelligence Platform