Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya - 2022

Contents:

  1. Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya (CIF) - 2022
  2. Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya

Price for Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya (CIF) - 2022

In 2022, the average import price for tools; for working in the hand, pneumatic, other than rotary type amounted to $48 per unit, falling by -13.7% against the previous year. In general, the import price faced a abrupt setback. The growth pace was the most rapid in 2014 an increase of 80%. Over the period under review, average import prices attained the peak figure at $247 per unit in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($473 per unit), while the price for China ($27 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya

Imports of tools; for working in the hand, pneumatic, other than rotary type into Libya dropped dramatically to 10K units in 2022, falling by -16% compared with the year before. Over the period under review, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 265%. As a result, imports attained the peak of 12K units, and then fell rapidly in the following year.

In value terms, imports of tools; for working in the hand, pneumatic, other than rotary type shrank remarkably to $487K in 2022. Overall, imports, however, continue to indicate a tangible increase. The growth pace was the most rapid in 2021 with an increase of 132% against the previous year. As a result, imports reached the peak of $672K, and then dropped dramatically in the following year.

Import of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China281131405257-2.9%
Italy20.03.931.510372.7%
Others141154235127-3.4%
Total4412896724873.4%

Top Suppliers of Tools; for Working in the Hand, Pneumatic, Other than Rotary Type to Libya in 2022:

  1. China (9.6K units)
  2. Italy (0.3K units)

Source: IndexBox Market Intelligence Platform

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