
Libya - Inflatable Vessels for Pleasure or Sports - Market Analysis, Forecast, Size, Trends and Insights
Libya: Inflatable Vessel Market 2022
Inflatable Vessel Market Size in Libya
The Libyan inflatable vessel market surged to $X in 2021, picking up by 68% 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). Overall, consumption, however, saw a noticeable reduction. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.
Inflatable Vessel Exports
Exports from Libya
In 2015, exports of inflatable vessels for pleasure or sports from Libya totaled X units, approximately equating the previous year's figure. Over the period under review, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2015 and are expected to retain growth in the immediate term.
In value terms, inflatable vessel exports amounted to $X in 2015. Overall, exports showed a relatively flat trend pattern. The exports peaked in 2015 and are expected to retain growth in years to come.
Exports by Country
Malta (X units) was the main destination for inflatable vessel exports from Libya, accounting for a approx. 100% share of total exports.
From 2015 to 2015, the average annual rate of growth in terms of volume to Malta was relatively modest.
From 2015 to 2015, the average annual growth rate of value to Malta was relatively modest.
Inflatable Vessel Imports
Imports into Libya
Inflatable vessel imports into Libya skyrocketed to X units in 2021, growing by 75% on 2020 figures. Overall, imports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when imports increased by 330% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2021, imports failed to regain momentum.
In value terms, inflatable vessel imports expanded significantly to $X in 2021. In general, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2016 when imports increased by 119% against the previous year. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports failed to regain momentum.
Imports by Country
In 2021, China (X units) constituted the largest supplier of inflatable vessel to Libya, with a 66% share of total imports. Moreover, inflatable vessel imports from China exceeded the figures recorded by the second-largest supplier, Egypt (X units), twofold.
From 2012 to 2021, the average annual growth rate of volume from China amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Egypt (0.0% per year) and Turkey (-22.1% per year).
In value terms, China ($X) constituted the largest supplier of inflatable vessel to Libya, comprising 68% of total imports. The second position in the ranking was taken by Turkey ($X), with a 21% share of total imports.
From 2012 to 2021, the average annual growth rate of value from China stood at +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Turkey (-5.9% per year) and Egypt (0.0% per year).
Import Prices by Country
The average inflatable vessel import price stood at $X per unit in 2021, shrinking by -36.4% against the previous year. Overall, the import price showed a drastic downturn. The most prominent rate of growth was recorded in 2017 an increase of 477% against the previous year. As a result, import price attained the peak level of $X per unit. From 2018 to 2021, the average import prices failed to regain momentum.
Prices varied noticeably country of origin: the country with the highest price was Turkey ($X per unit), while the price for Egypt ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Tunisia (+57.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the inflatable vessel 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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