
Libya - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights
Libya: Shipping Market 2022
Shipping Market Size in Libya
In 2021, the Libyan shipping market was finally on the rise to reach $X for the first time since 2016, thus ending a four-year declining trend. In general, consumption, however, faced a deep reduction. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Shipping Production in Libya
In value terms, shipping production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2016 when the production volume increased by 34%. Shipping production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.
Shipping Imports
Imports into Libya
In 2021, the amount of ships, vessels, ferry-boats for the transport of persons imported into Libya amounted to X units, approximately equating the previous year's figure. Overall, imports faced a precipitous contraction. The most prominent rate of growth was recorded in 2016 with an increase of 117% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.
In value terms, shipping imports dropped significantly to $X in 2021. Over the period under review, imports faced a dramatic descent. The pace of growth was the most pronounced in 2015 with an increase of 712% against the previous year. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.
Imports by Country
In 2021, Turkey (X units) was the main supplier of shipping to Libya, with a approx. 100% share of total imports.
From 2012 to 2021, the average annual growth rate of volume from Turkey totaled -4.4%.
In value terms, Turkey ($X) constituted the largest supplier of shipping to Libya.
From 2012 to 2021, the average annual growth rate of value from Turkey was relatively modest.
Import Prices by Country
In 2021, the average shipping import price amounted to $X per unit, which is down by -17.5% against the previous year. In general, the import price, however, saw a pronounced expansion. The growth pace was the most rapid in 2015 an increase of 280%. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Turkey.
From 2012 to 2021, the rate of growth in terms of prices for the Netherlands amounted to +5.9% per year.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the shipping 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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