Price for Navigational Instruments and Appliances; Parts and Accessories in Libya - 2022
Contents:
- Price for Navigational Instruments and Appliances; Parts and Accessories in Libya (CIF) - 2022
- Imports of Navigational Instruments and Appliances; Parts and Accessories in Libya
Price for Navigational Instruments and Appliances; Parts and Accessories in Libya (CIF) - 2022
In 2022, the average import price for navigational instruments and appliances; parts and accessorieses amounted to $365,469 per ton, which is down by -16.1% against the previous year. Over the period under review, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2019 an increase of 73%. Over the period under review, average import prices attained the maximum at $925,757 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United Arab Emirates ($629,563 per ton), while the price for Tunisia ($74,875 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+4.0%), while the prices for the other major suppliers experienced a decline.
Imports of Navigational Instruments and Appliances; Parts and Accessories in Libya
In 2022, purchases abroad of navigational instruments and appliances; parts and accessorieses decreased by -38.8% to 128 kg for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 105%. As a result, imports reached the peak of 209 kg, and then reduced dramatically in the following year.
In value terms, imports of navigational instruments and appliances; parts and accessorieses declined notably to $47K in 2022. In general, imports, however, saw a tangible increase. The growth pace was the most rapid in 2020 with an increase of 60%.
| Import of Navigational Instruments and Appliances; Parts and Accessories in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 17.2 | 32.9 | 45.9 | 21.3 | 7.4% |
| United Arab Emirates | N/A | N/A | 5.4 | 10.1 | 87.0% |
| Netherlands | 1.9 | 5.4 | 17.0 | 7.9 | 60.8% |
| China | 15.6 | 19.3 | 14.4 | 4.1 | -35.9% |
| Tunisia | 0.3 | 2.5 | 4.3 | 1.2 | 58.7% |
| Turkey | 3.0 | 4.0 | 3.2 | 1.1 | -28.4% |
| Greece | N/A | N/A | N/A | 0.7 | 0% |
| Others | 3.5 | 2.3 | 1.0 | 0.5 | -47.7% |
| Total | 41.4 | 66.2 | 91.1 | 46.8 | 4.2% |
Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Libya in 2022:
- China (35.0 kg)
- United States (34.0 kg)
- Netherlands (19.0 kg)
- Tunisia (16.0 kg)
- United Arab Emirates (16.0 kg)
- Turkey (3.0 kg)
- Greece (2.0 kg)
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