Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $1,817 per unit, increasing by 88% against the previous year. In general, the import price, however, showed a slight contraction. The import price peaked at $2,113 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 the United Arab Emirates ($6,726 per unit), while the price for China ($334 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+21.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya

In 2022, the amount of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses imported into Libya declined remarkably to 10 units, waning by -44.4% compared with the previous year. Overall, imports continue to indicate a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 260% against the previous year. Imports peaked at 36 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses amounted to $18K in 2022. Over the period under review, imports recorded a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 547%. Imports peaked at $46K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A6.70%
Italy42.31.02.56.5-46.4%
Turkey2.40.17.52.96.5%
China1.11.77.51.715.6%
NetherlandsN/AN/AN/A0.40%
OthersN/AN/AN/AN/A0%
Total45.82.717.418.2-26.5%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Libya in 2022:

  1. China (5.0 units)
  2. Italy (2.0 units)
  3. Turkey (1.0 units)
  4. United Arab Emirates (1.0 units)
  5. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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