Report Update Apr 1, 2024

Libya - Single Loudspeakers (In Enclosure) - Market Analysis, Forecast, Size, Trends and Insights

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Libya: Loudspeaker Market 2024

Loudspeaker Market Size in Libya

In 2021, the Libyan loudspeaker market increased by 27% to $X, rising for the fifth year in a row after four years of decline. Overall, consumption, however, showed a mild decline. 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.

Loudspeaker Exports

Exports from Libya

In 2021, overseas shipments of single loudspeakers (in enclosure) were finally on the rise to reach X units for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, saw a precipitous decrease. The most prominent rate of growth was recorded in 2014 with an increase of 1,036% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, loudspeaker exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a sharp shrinkage. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Ghana (X units) was the main destination for loudspeaker exports from Libya, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Ghana stood at -32.5%.

In value terms, Ghana ($X) also remains the key foreign market for single loudspeakers (in enclosure) exports from Libya.

From 2012 to 2021, the average annual growth rate of value to Ghana amounted to -27.3%.

Export Prices by Country

In 2021, the average loudspeaker export price amounted to $X per unit, shrinking by -32.6% against the previous year. In general, the export price, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2015 an increase of 1,523%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Ghana.

From 2012 to 2021, the rate of growth in terms of prices for Ghana amounted to +8.7% per year.

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Loudspeaker Imports

Imports into Libya

In 2021, supplies from abroad of single loudspeakers (in enclosure) increased by 25% to X units, rising for the fifth consecutive year after four years of decline. Over the period under review, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2020 when imports increased by 69% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, loudspeaker imports soared to $X in 2021. In general, imports, however, showed a slight shrinkage. The most prominent rate of growth was recorded in 2019 with an increase of 63% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) was the main supplier of loudspeaker to Libya, accounting for a 97% share of total imports. It was followed by the United Arab Emirates (X units), with a 0.4% share of total imports.

From 2012 to 2021, the average annual growth rate of volume from China was relatively modest.

In value terms, China ($X) constituted the largest supplier of single loudspeakers (in enclosure) to Libya, comprising 86% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 5.7% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China was relatively modest.

Import Prices by Country

In 2021, the average loudspeaker import price amounted to $X per unit, with an increase of 3% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 16%. Over the period under review, average import prices hit record highs at $X per unit in 2015; however, from 2016 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was the United Arab Emirates ($X per unit), while the price for China stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+28.8%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for single loudspeakers (in enclosure) in the world?

The countries with the highest volumes of consumption in 2021 were Belgium, Germany and Indonesia, together comprising 34% of global consumption. Japan, the United States, Mexico, Hungary, Vietnam, France, South Korea, Brazil, Slovakia and Spain lagged somewhat behind, together accounting for a further 34%.

What are the largest producers of single loudspeakers (in enclosure) in the world?

China constituted the country with the largest volume of loudspeaker production, comprising approx. 47% of total volume. Moreover, loudspeaker production in China exceeded the figures recorded by the second-largest producer, Belgium, twofold. The third position in this ranking was taken by Indonesia, with a 10% share.

What are the leading suppliers of single loudspeakers (in enclosure) to Libya?

In value terms, China constituted the largest supplier of single loudspeakers in enclosure) to Libya, comprising 86% of total imports. The second position in the ranking was taken by the United Arab Emirates, with a 5.7% share of total imports.

What are the leading importers of single loudspeakers (in enclosure) from Libya?

In value terms, Ghana $57) remains the key foreign market for single loudspeakers in enclosure) exports from Libya.

What is the average export price for single loudspeakers (in enclosure) in Libya?

In 2021, the average loudspeaker export price amounted to $12 per unit, with a decrease of -32.6% against the previous year.

What is the average import price for single loudspeakers (in enclosure) in Libya?

In 2021, the average loudspeaker import price amounted to $4 per unit, surging by 3% against the previous year.

This report provides an in-depth analysis of the loudspeaker 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.

Product coverage:

Prodcom 26404235 - Single loudspeakers mounted in their enclosures (including frames or cabinets mainly designed for mounting loudspeakers)

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:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
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
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