Libya: Concrete-Mixer Lorry Market 2022

Concrete-Mixer Lorry Market Size in Libya

The Libyan concrete-mixer lorry market dropped to $X in 2021, with a decrease of -X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate temperate growth. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Concrete-Mixer Lorry Exports

Exports from Libya

In 2021, after four years of decline, there was decline in shipments abroad of concrete-mixer lorries, when their volume decreased by X% to less than X units. Over the period under review, exports showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, concrete-mixer lorry exports totaled less than $X in 2021. Overall, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sudan (X units) was the main destination for concrete-mixer lorry exports from Libya, accounting for a approx. X% share of total exports.

From 2012 to 2018, the average annual growth rate of volume to Sudan was relatively modest.

From 2012 to 2018, the average annual rate of growth in terms of value to Sudan was relatively modest.

Export Prices by Country

In 2018, the average concrete-mixer lorry export price amounted to $X per unit, dropping by -X% against the previous year. In general, the export price continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2013; however, from 2014 to 2018, the export prices failed to regain momentum.

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

From 2012 to 2018, the rate of growth in terms of prices for Sudan amounted to X% per year.

Concrete-Mixer Lorry Imports

Imports into Libya

In 2021, supplies from abroad of concrete-mixer lorries increased by X% to X units, rising for the second year in a row after six years of decline. Over the period under review, imports saw a buoyant increase. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth imports failed to regain momentum.

In value terms, concrete-mixer lorry imports dropped remarkably to $X in 2021. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2014 to 2021, the growth imports remained at a lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of concrete-mixer lorry to Libya, accounting for a X% share of total imports. Moreover, concrete-mixer lorry imports from Germany exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume from Germany totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+X% per year) and China (+X% per year).

In value terms, Germany ($X) constituted the largest supplier of concrete-mixer lorry to Libya, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the United Arab Emirates (+X% per year).

Import Prices by Country

The average concrete-mixer lorry import price stood at $X per unit in 2021, waning by -X% against the previous year. In general, the import price saw a abrupt downturn. The most prominent rate of growth was recorded in 2013 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform