Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Libya - 2022
Contents:
- Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Libya (CIF) - 2022
- Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Libya
Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Libya (CIF) - 2022
In 2022, the average import price for drawing, marking-out or mathematical calculating instrumentses amounted to $3.6 per unit, falling by -15.8% against the previous year. In general, the import price, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 124% against the previous year. The import price peaked at $4.2 per unit in 2021, and then fell dramatically in the following year.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($29 per unit), while the price for China ($1.5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+42.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Libya
In 2022, supplies from abroad of drawing, marking-out or mathematical calculating instrumentses was finally on the rise to reach 217K units after two years of decline. In general, imports, however, saw a relatively flat trend pattern. Over the period under review, imports of hit record highs at 220K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of drawing, marking-out or mathematical calculating instrumentses skyrocketed to $773K in 2022. Overall, imports posted a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 46% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | 376 | 385 | 424 | 6.2% |
| China | 179 | 94.5 | 113 | 177 | -0.4% |
| India | 81.9 | 14.4 | 21.1 | 85.4 | 1.4% |
| United Arab Emirates | 27.8 | 6.7 | 31.2 | 49.6 | 21.3% |
| Turkey | 2.9 | 1.4 | 13.8 | 28.6 | 114.4% |
| Italy | 40.9 | N/A | 2.3 | 3.0 | -58.1% |
| Others | 7.0 | 3.9 | 3.3 | 6.1 | -4.5% |
| Total | 340 | 497 | 570 | 773 | 31.5% |
Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Libya in 2022:
- China (121.0K units)
- United States (38.3K units)
- India (30.0K units)
- United Arab Emirates (18.8K units)
- Turkey (6.7K units)
- Italy (1.1K units)
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