Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya - 2022

Contents:

  1. Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya (CIF) - 2022
  2. Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya

Price for Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya (CIF) - 2022

The average import price for electric motors and generators stood at $5,643 per unit in 2022, declining by -15.4% against the previous year. Overall, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2017 when the average import price increased by 141%. The import price peaked at $26,415 per unit in 2013; however, from 2014 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 the United States ($6,521 per unit), while the price for the Netherlands ($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 (-18.3%), while the prices for the other major suppliers experienced a decline.

Imports of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya

Imports of electric motors and generators into Libya skyrocketed to 62 units in 2022, jumping by 55% against 2021. In general, imports continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 135% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, imports of electric motors and generators surged to $350K in 2022. Overall, imports enjoyed a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 204%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Electric Motors and Generators; DC, of an Output Exceeding 375kW in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States21686.626334617.0%
Germany2.81.02.83.24.6%
Malta0.20.10.60.644.2%
Italy0.8N/A0.10.1-50.0%
United Kingdom0.2N/A0.10.1-20.6%
China0.3N/AN/A0.1-30.7%
United Arab EmiratesN/AN/AN/AN/A0%
TunisiaN/AN/AN/AN/A0%
NetherlandsN/AN/AN/AN/A0%
TurkeyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total22187.826735016.6%

Top Suppliers of Electric Motors and Generators; DC, of an Output Exceeding 375kW to Libya in 2022:

  1. United States (53.0 units)
  2. Turkey (1.0 units)
  3. Netherlands (1.0 units)
  4. Italy (1.0 units)
  5. Tunisia (1.0 units)
  6. United Arab Emirates (1.0 units)
  7. Malta (1.0 units)
  8. United Kingdom (1.0 units)
  9. Germany (1.0 units)
  10. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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