Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya (CIF) - 2022
  2. Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya

Price for Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) amounted to $101 per unit, rising by 84% against the previous year. Over the period under review, the import price, however, recorded a abrupt setback. The import price peaked at $516 per unit in 2014; however, from 2015 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 Taiwan (Chinese) ($703 per unit), while the price for China ($35 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya

After three years of growth, purchases abroad of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) decreased by -46.6% to 4.4K units in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 71%. As a result, imports attained the peak of 8.3K units, and then contracted dramatically in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, rotary type (including combined rotary-percussion) shrank to $446K in 2022. In general, imports, however, saw a prominent increase. The growth pace was the most rapid in 2021 with an increase of 110% against the previous year. As a result, imports reached the peak of $454K, and then dropped modestly in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China122106222118-1.1%
Taiwan (Chinese)11323.777.167.4-15.8%
Malta6.20.20.163.0116.6%
Italy53.48.55.347.6-3.8%
United Arab Emirates10.615.637.936.250.6%
Others75.361.711211414.8%
Total3812164544465.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Rotary Type (Including Combined Rotary-Percussion) to Libya in 2022:

  1. China (3350.0 units)
  2. Malta (572.0 units)
  3. Italy (104.0 units)
  4. Taiwan (Chinese) (96.0 units)
  5. United Arab Emirates (79.0 units)

Source: IndexBox Market Intelligence Platform

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