Libya: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Libya

The Libyan water-skis and surfboards market expanded sharply to $X in 2022, growing by X% against the previous year. Over the period under review, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Water-Skis And Surfboards Production in Libya

In value terms, water-skis and surfboards production rose significantly to $X in 2022 estimated in export price. Overall, the total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Water-Skis And Surfboards Exports

Exports from Libya

After two years of decline, shipments abroad of water-skis, surfboards and sailboards decreased by X% to X units in 2022. Overall, exports posted significant growth. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. The exports peaked at X units in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, water-skis and surfboards exports totaled $X in 2022. In general, exports recorded a significant increase. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Ireland (X units) was the main destination for water-skis and surfboards exports from Libya, with a approx. X% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of volume to Ireland was relatively modest.

From 2013 to 2022, the average annual growth rate of value to Ireland was relatively modest.

Export Prices by Country

In 2022, the average water-skis and surfboards export price amounted to $X per unit, remaining stable against the previous year. In general, the export price saw a abrupt slump. The growth pace was the most rapid in 2019 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

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

From 2013 to 2022, the rate of growth in terms of prices for Ireland amounted to X% per year.

Water-Skis And Surfboards Imports

Imports into Libya

Water-skis and surfboards imports into Libya declined to X units in 2022, with a decrease of X% on 2021 figures. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, water-skis and surfboards imports contracted remarkably to $X in 2022. Over the period under review, imports continue to indicate a pronounced descent. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Italy (X units) and the United Arab Emirates (X units) were the main suppliers of water-skis and surfboards imports to Libya, together accounting for X% of total imports. Turkey, the United States, France and Spain lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Libya, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Italy amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and France (X% per year).

Import Prices by Country

The average water-skis and surfboards import price stood at $X per unit in 2022, reducing by X% against the previous year. Overall, the import price showed a noticeable contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

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 France ($X per unit), while the price for the United Arab Emirates ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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