
Libya - Self-Propelled Boring or Sinking Machinery - Market Analysis, Forecast, Size, Trends and Insights
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Libya: Self-Propelled Boring Machinery Market 2022
Self-Propelled Boring Machinery Market Size in Libya
The Libyan self-propelled boring machinery market surged to $X in 2021, picking up 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 showed a resilient increase. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in the near future.
Self-Propelled Boring Machinery Exports
Exports from Libya
Self-propelled boring machinery exports from Libya amounted to less than X units in 2021, standing approx. at the previous year. Overall, exports saw a abrupt decline. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.
In value terms, self-propelled boring machinery exports dropped rapidly to $X in 2021. In general, exports saw a significant contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.
Exports by Country
Tunisia (X units) was the main destination for self-propelled boring machinery exports from Libya, accounting for a approx. X% share of total exports.
From 2012 to 2017, the average annual growth rate of volume to Tunisia was relatively modest.
In value terms, Tunisia ($X) also remains the key foreign market for self-propelled boring machinery exports from Libya.
From 2012 to 2017, the average annual growth rate of value to Tunisia was relatively modest.
Export Prices by Country
The average self-propelled boring machinery export price stood at $X per unit in 2017, increasing by X% against the previous year. Overall, the export price, however, recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2017, the the average export prices remained at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for Tunisia.
From 2012 to 2017, the rate of growth in terms of prices for Tunisia amounted to +X% per year.
Self-Propelled Boring Machinery Imports
Imports into Libya
For the sixth year in a row, Libya recorded growth in supplies from abroad of self-propelled boring or sinking machinery, which increased by X% to X units in 2021. In general, imports posted buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.
In value terms, self-propelled boring machinery imports surged to $X in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, China (X units) constituted the largest self-propelled boring machinery supplier to Libya, accounting for a X% share of total imports. Moreover, self-propelled boring machinery imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. India (X units) ranked third in terms of total imports with an X% share.
From 2012 to 2021, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and India (+X% per year).
In value terms, China ($X) constituted the largest supplier of self-propelled boring machinery to Libya, comprising X% of total imports. The second position in the ranking was occupied by Italy ($X), with a X% share of total imports. It was followed by Belgium, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+X% per year) and Belgium (-X% per year).
Import Prices by Country
The average self-propelled boring machinery import price stood at $X per unit in 2021, dropping by -X% against the previous year. Overall, the import price saw a noticeable downturn. The pace of growth appeared the most rapid in 2013 when the average import price increased by X%. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was China ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2021 | 2007-2021 | 2022-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the self-propelled boring machinery 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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