Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $10,427 per ton in 2022, surging by 13% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $15,666 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 the UK ($37,393 per ton), while the price for Turkey ($4,088 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (FOB) - 2022
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $359,381 per ton in 2022, increasing by 10% against the previous year. In general, the export price posted a remarkable increase. The growth pace was the most rapid in 2014 when the average export price increased by 174%. The export price peaked in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Italy.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +18.6% per year.
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya
In 2022, approx. 5.8 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Libya; shrinking by -58.7% against the year before. In general, imports continue to indicate a precipitous decline. The most prominent rate of growth was recorded in 2021 when imports increased by 313%. As a result, imports attained the peak of 14 tons, and then fell rapidly in the following year.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell sharply to $60K in 2022. Overall, imports faced a sharp setback. The most prominent rate of growth was recorded in 2021 when imports increased by 157%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 46.6 | 3.1 | 22.5 | 14.6 | -32.1% |
| Italy | 51.6 | 11.6 | 55.0 | 12.1 | -38.3% |
| Spain | 6.0 | 3.6 | 5.7 | 4.5 | -9.1% |
| Lebanon | N/A | N/A | N/A | 4.4 | 0% |
| France | 4.1 | 2.8 | 4.8 | 4.2 | 0.8% |
| China | 24.1 | 13.4 | 19.3 | 4.2 | -44.1% |
| Others | 39.9 | 15.9 | 22.1 | 16.1 | -26.1% |
| Total | 172 | 50.4 | 129 | 60.1 | -29.6% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Libya in 2022:
- Turkey (3566.0 kg)
- Italy (746.0 kg)
- China (663.0 kg)
- Spain (250.0 kg)
- Lebanon (246.0 kg)
- France (117.0 kg)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya
In 2022, after three years of growth, there was significant decline in overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464, when their volume decreased by -8.7% to 21 kg. The total export volume increased at an average annual rate of +5.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 17%.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $7.5K in 2022. Over the period under review, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.4% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 27%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Libya (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4.9 | 6.2 | 7.5 | 7.5 | 15.2% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.9 | 6.2 | 7.5 | 7.5 | 15.2% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Libya in 2022:
- Italy (21.0 kg)
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