Libya - Headphones - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Libya - Headphones - Market Analysis, Forecast, Size, Trends and Insights

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Headphone Price in Libya - 2022

Contents:

  1. Headphone Price in Libya (CIF) - 2022
  2. Headphone Price in Libya (FOB) - 2022
  3. Headphone Imports in Libya
  4. Headphone Exports in Libya

Headphone Price in Libya (CIF) - 2022

In 2022, the average headphone import price amounted to $2.9 per unit, rising by 20% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 128%. Over the period under review, average import prices attained the peak figure at $15 per unit in 2017; however, from 2018 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 United Arab Emirates ($18 per unit), while the price for Singapore ($0.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced a decline.

Headphone Price in Libya (FOB) - 2022

The average headphone export price stood at $20 per unit in 2022, which is down by -4.7% against the previous year. In general, the export price showed a sharp setback. The growth pace was the most rapid in 2020 an increase of 60%. The export price peaked at $842 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ghana ($42 per unit), while the average price for exports to South Africa ($7 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 Thailand (+92.6%), while the prices for the other major destinations experienced more modest paces of growth.

Headphone Imports in Libya

In 2022, after three years of growth, there was significant decline in supplies from abroad of headphones, when their volume decreased by -39.7% to 1.7M units. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 1,065%. Over the period under review, imports hit record highs at 2.8M units in 2021, and then contracted markedly in the following year.

In value terms, headphone imports declined rapidly to $4.8M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 198%. Over the period under review, imports hit record highs at $6.7M in 2021, and then reduced dramatically in the following year.

Import of Headphone in Libya (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.52.14.43.387.6%
United Arab Emirates0.40.71.71.140.1%
SingaporeN/AN/AN/AN/A0%
Others0.10.20.50.458.7%
Total1.03.06.74.868.7%

Top Suppliers of Headphone to Libya in 2022:

  1. China (1521.4K units)
  2. United Arab Emirates (63.2K units)
  3. Singapore (28.9K units)

Headphone Exports in Libya

In 2022, headphone exports from Libya totaled 4 units, remaining constant against 2021. In general, exports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see steady growth in years to come.

In value terms, headphone exports shrank slightly to $81 in 2022. The total export value increased at an average annual rate of +3.5% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9% against the previous year. As a result, the exports reached the peak of $85, and then fell in the following year.

Export of Headphone in Libya (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Ghana42.072.042.042.00.0%
ZimbabweN/AN/AN/A22.00%
NetherlandsN/AN/AN/A10.00%
South Africa3.06.05.07.032.6%
KenyaN/AN/A1.0N/A0%
France28.0N/A37.0N/A15.0%
OthersN/AN/AN/AN/A0%
Total73.078.085.081.03.5%

Top Export Markets for Headphone from Libya in 2022:

  1. Ghana (1.0 units)
  2. Netherlands (1.0 units)
  3. Zimbabwe (1.0 units)
  4. South Africa (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the headphone 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 26404270 - Headphones and earphones, even with microphone, and sets consisting of microphone and one or more loudspeakers (excluding airmen

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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