Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya - 2022

Contents:

1. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya (CIF) - 2022
2. Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya (FOB) - 2022
3. Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya
4. Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya (CIF) - 2022

In 2022, the average import price for electric motors and generators amounted to $31 per unit, picking up by 61% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by 61% against the previous year. The import price peaked at $75 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Spain ($444 per unit), while the price for China ($4 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya (FOB) - 2022

In 2022, the average export price for electric motors and generators amounted to $393 per unit, remaining relatively unchanged against the previous year. Overall, the export price faced a abrupt shrinkage. The pace of growth was the most pronounced in 2013 an increase of 61% against the previous year. As a result, the export price reached the peak level of $2,162 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

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

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to +0.2% per year.

Imports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya

After three years of growth, purchases abroad of electric motors and generators decreased by -72.2% to 12K units in 2022. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of 154%. As a result, imports attained the peak of 44K units, and then contracted sharply in the following year.

In value terms, imports of electric motors and generators contracted rapidly to $379K in 2022. In general, imports, however, continue to indicate strong growth. The pace of growth was the most pronounced in 2020 with an increase of 139%. Imports peaked at $848K in 2021, and then shrank significantly in the following year.

Top Suppliers of Electric Motors and Generators; DC, of an Output Not Exceeding 750W to Libya in 2022:

1. China (9.9K units)
2. India (1.7K units)
3. Turkey (0.1K units)

Exports of Electric Motors and Generators; DC, of an Output Not Exceeding 750W in Libya

Exports of electric motors and generators from Libya totaled 2 units in 2022, leveling off at 2021 figures. Overall, exports saw a precipitous slump. The smallest decline of 99.9% was in 2021. The exports peaked at 5 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of electric motors and generators amounted to $785 in 2022. In general, exports saw a moderate expansion. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Top Export Markets for Electric Motors and Generators; DC, of an Output Not Exceeding 750W from Libya in 2022:

1. Netherlands (2.0 units)

Source: IndexBox Market Intelligence Platform