Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya - 2022
Contents:
- Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya (CIF) - 2022
- Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya
Price for Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya (CIF) - 2022
The average import price for weighing machines; having a maximum weighing capacity exceeding 5000kgs stood at $865 per unit in 2022, rising by 15% against the previous year. Overall, the import price, however, showed a abrupt setback. The most prominent rate of growth was recorded in 2018 when the average import price increased by 89%. The import price peaked at $3,715 per unit in 2019; however, from 2020 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 China ($1,423 per unit), while the price for Switzerland ($0.2 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lebanon (+15.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya
In 2022, after three years of growth, there was significant decline in purchases abroad of weighing machines; having a maximum weighing capacity exceeding 5000kgs, when their volume decreased by -18.4% to 608 units. In general, imports, however, saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 747%. As a result, imports attained the peak of 745 units, and then fell rapidly in the following year.
In value terms, imports of weighing machines; having a maximum weighing capacity exceeding 5000kgs declined to $526K in 2022. Overall, imports, however, showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 114% against the previous year. As a result, imports attained the peak of $563K, and then dropped in the following year.
| Import of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 98.6 | 238 | 425 | 477 | 69.1% |
| China | 108 | 4.8 | N/A | 34.1 | -31.9% |
| Singapore | N/A | N/A | N/A | 10.9 | 0% |
| Lebanon | N/A | N/A | N/A | 3.7 | 0% |
| Switzerland | N/A | N/A | N/A | N/A | 0% |
| Germany | N/A | N/A | 66.1 | N/A | 0% |
| Italy | N/A | N/A | 51.8 | N/A | 0% |
| Netherlands | N/A | N/A | 5.6 | N/A | 0% |
| Others | 45.8 | 20.3 | 14.3 | N/A | -44.1% |
| Total | 253 | 263 | 563 | 526 | 27.6% |
Top Suppliers of Weighing Machines; Having A Maximum Weighing Capacity Exceeding 5000kg to Libya in 2022:
- Turkey (433.0 units)
- Switzerland (89.0 units)
- Singapore (44.0 units)
- China (24.0 units)
- Lebanon (18.0 units)
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