Libya: Market for Ballasts For Discharge Lamps Or Tubes 2022

Market Size for Ballasts For Discharge Lamps Or Tubes in Libya

In 2021, the Libyan ballast for discharge lamp market decreased by -X% to $X, falling for the second consecutive year after three years of growth. Overall, consumption faced a deep reduction. Ballast for discharge lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Exports of Ballasts For Discharge Lamps Or Tubes

Exports from Libya

In 2021, ballast for discharge lamp exports from Libya stood at less than X units, stabilizing at the previous year's figure. In general, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X units in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

In value terms, ballast for discharge lamp exports amounted to less than $X in 2021. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the peak figure at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The Netherlands (X units) was the main destination for ballast for discharge lamp exports from Libya, accounting for a approx. X% share of total exports.

From 2012 to 2015, the average annual rate of growth in terms of volume to the Netherlands was relatively modest.

From 2012 to 2015, the average annual growth rate of value to the Netherlands was relatively modest.

Export Prices by Country

In 2015, the average ballast for discharge lamp export price amounted to $X per unit, almost unchanged from the previous year. Overall, the export price saw a relatively flat trend pattern. The export price peaked in 2015 and is likely to continue growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2015, the rate of growth in terms of prices for the Netherlands amounted to X% per year.

Imports of Ballasts For Discharge Lamps Or Tubes

Imports into Libya

In 2021, purchases abroad of ballasts for discharge lamps or tubes decreased by -X% to X units, falling for the second consecutive year after three years of growth. In general, imports recorded a sharp contraction. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, ballast for discharge lamp imports surged to $X in 2021. Overall, imports showed a deep setback. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Italy (X units) constituted the largest ballast for discharge lamp supplier to Libya, with a X% share of total imports. Moreover, ballast for discharge lamp imports from Italy exceeded the figures recorded by the second-largest supplier, Turkey (X units), fourfold. The UK (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Italy amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and the UK (+X% per year).

In value terms, Italy ($X) constituted the largest supplier of ballast for discharge lamp to Libya, comprising X% of total imports. The second position in the ranking was occupied by Turkey ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual growth rate of value from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-X% per year) and the UK (+X% per year).

Import Prices by Country

In 2021, the average ballast for discharge lamp import price amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price showed resilient growth. The most prominent rate of growth was recorded in 2016 an increase of X%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in years to come.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform