Report Libya - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update May 1, 2024

Libya - Gearboxes and Speed Changers for Machinery and Land or Sea Vehicles excluding Gears and Gearing - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Market for Gearboxes and Speed Changers 2024

Market Size for Gearboxes and Speed Changers in Libya

The Libyan gearboxes and speed changers market skyrocketed to $X in 2022, increasing by 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, however, continues to indicate a perceptible slump. Gearboxes and speed changers consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Exports of Gearboxes and Speed Changers

Exports from Libya

In 2022, the amount of gearboxes and speed changers exported from Libya declined to X tons, which is down by X% against the previous year's figure. Overall, exports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2019 when exports increased by X%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, gearboxes and speed changers exports declined to $X in 2022. Over the period under review, exports, however, saw a significant expansion. The pace of growth was the most pronounced in 2019 with an increase of X%. The exports peaked at $X in 2021, and then reduced in the following year.

Exports by Country

Georgia (X tons) and Germany (X kg) were the main destinations of gearboxes and speed changers exports from Libya.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%).

In value terms, Germany ($X) remains the key foreign market for gearboxes and speed changers exports from Libya, comprising X% of total exports. The second position in the ranking was taken by Georgia ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany amounted to X%.

Export Prices by Country

In 2022, the average gearboxes and speed changers export price amounted to $X per ton, waning by X% against the previous year. Overall, the export price, however, posted a temperate increase. The growth pace was the most rapid in 2020 an increase of X%. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Georgia totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%).

Imports of Gearboxes and Speed Changers

Imports into Libya

In 2022, approx. X tons of gearboxes and speed changers were imported into Libya; picking up by X% compared with the previous year. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by X%. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, gearboxes and speed changers imports expanded rapidly to $X in 2022. Overall, imports, however, recorded a perceptible setback. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest gearboxes and speed changers supplier to Libya, accounting for a X% share of total imports. Moreover, gearboxes and speed changers imports from China exceeded the figures recorded by the second-largest supplier, Turkey (X tons), twofold. The third position in this ranking was taken by Italy (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (X% per year) and Italy (X% per year).

In value terms, Germany ($X), Italy ($X) and Turkey ($X) were the largest gearboxes and speed changers suppliers to Libya, together comprising X% of total imports.

Turkey, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average gearboxes and speed changers import price stood at $X per ton in 2022, reducing by X% against the previous year. In general, the import price recorded a noticeable decrease. The pace of growth was the most pronounced in 2014 when the average import price increased by X%. The import price peaked at $X per ton in 2016; however, from 2017 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The countries with the highest volumes of consumption in 2023 were China, the United States and Germany, together accounting for 48% of global consumption. India, Italy, Brazil, Japan, Denmark, Mexico, South Korea, Turkey and Canada lagged somewhat behind, together accounting for a further 36%.
China constituted the country with the largest volume of gearboxes and speed changers production, comprising approx. 31% of total volume. Moreover, gearboxes and speed changers production in China exceeded the figures recorded by the second-largest producer, Germany, twofold. India ranked third in terms of total production with a 9% share.
In value terms, the largest gearboxes and speed changers suppliers to Libya were Germany, Italy and Turkey, together accounting for 58% of total imports.
In value terms, Germany remains the key foreign market for gearboxes and speed changers exports from Libya, comprising 100% of total exports. The second position in the ranking was held by Georgia $297), with a 0.5% share of total exports.
The average gearboxes and speed changers export price stood at $34,874 per ton in 2022, falling by -5.5% against the previous year.
The average gearboxes and speed changers import price stood at $10,710 per ton in 2022, reducing by -8.9% against the previous year.

This report provides an in-depth analysis of the market for gearboxes and speed changers 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.

Product coverage:

  • Prodcom 28152432 - Gear boxes for stationary equipment, spur and helical gear boxes
  • Prodcom 28152433 - Gear boxes ..., bevel and bevel/spur and helical gear boxes
  • Prodcom 28152434 - Gear boxes ..., worm gear boxes
  • Prodcom 28152440 - Other gear boxes
  • Prodcom 28152450 - Gearboxes and other speed changers for machinery and land/sea vehicles excluding gears and gearing
  • Prodcom 28152473 - Ball or roller screws
  • Prodcom 28152475 - Other transmission elements (excluding gears and gearing, b all or roller screws, gearboxes and other speed changers)

Country coverage:

  • Libya

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Libya
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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