Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya - 2022

Contents:

  1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya (CIF) - 2022
  2. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $953 per unit, with an increase of 468% against the previous year. Overall, the import price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 1,751% against the previous year. The import price peaked at $5,174 per unit in 2015; however, from 2016 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 Italy ($8,742 per unit), while the price for China totaled $87 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+2,650.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya

For the fourth year in a row, Libya recorded growth in supplies from abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which increased by 233% to 10 units in 2022. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses skyrocketed to $9.5K in 2022. In general, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.40.40.58.7179.1%
ChinaN/AN/AN/A0.80%
EgyptN/AN/AN/AN/A0%
TurkeyN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.40.50.59.5187.4%

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Libya in 2022:

  1. China (9.0 units)
  2. Italy (1.0 units)

Source: IndexBox Market Intelligence Platform

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