
Libya - Crawler Tractors - Market Analysis, Forecast, Size, Trends and Insights
Libya: Crawler Tractor Market 2022
Crawler Tractor Market Size in Libya
The Libyan crawler tractor market dropped significantly to $X in 2021, shrinking by -24.2% against the previous year. Over the period under review, consumption faced a abrupt setback. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.
Crawler Tractor Production in Libya
In value terms, crawler tractor production reduced markedly to $X in 2021 estimated in export price. In general, production continues to indicate a significant decline. As a result, production attained the peak level of $X, and then dropped sharply in the following year.
Crawler Tractor Imports
Imports into Libya
In 2021, the amount of crawler tractors imported into Libya contracted markedly to X units, shrinking by -50% against 2020 figures. Over the period under review, imports recorded a abrupt setback. The growth pace was the most rapid in 2018 when imports increased by 900%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports failed to regain momentum.
In value terms, crawler tractor imports stood at $X in 2021. In general, imports showed a sharp decline. The most prominent rate of growth was recorded in 2018 when imports increased by 1,330% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.
Imports by Country
In 2021, the United States (X units) was the main supplier of crawler tractor to Libya, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of volume from the United States amounted to -14.3%.
In value terms, the United States ($X) constituted the largest supplier of crawler tractor to Libya, comprising 99.9% of total imports. The second position in the ranking was taken by Canada ($X), with less than 0.1% share of total imports.
From 2012 to 2021, the average annual rate of growth in terms of value from the United States amounted to -31.6%.
Import Prices by Country
The average crawler tractor import price stood at $X per unit in 2021, increasing by 222% against the previous year. Overall, the import price, however, showed a abrupt slump. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for Canada amounted to $X per unit.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (-15.4%).
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the crawler tractor market in Libya. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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