Report Update: May 1, 2024

Libya - Fuel, Lubricating Or Cooling-Medium Pumps For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends And Insights

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Price for Fuel or Lubricating Pump in Libya - 2022

Price for Fuel or Lubricating Pump in Libya (CIF) - 2022

The average fuel or lubricating pump import price stood at $22 per unit in 2022, falling by -18.4% against the previous year. Overall, the import price showed a slight contraction. The pace of growth was the most pronounced in 2013 an increase of 104% against the previous year. The import price peaked at $60 per unit in 2017; however, from 2018 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 Italy ($93 per unit), while the price for China ($12 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fuel or Lubricating Pump in Libya (FOB) - 2022

In 2022, the average fuel or lubricating pump export price amounted to $723 per unit, declining by -41.5% against the previous year. In general, the export price, however, enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2019 an increase of 140%. The export price peaked at $1,235 per unit in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($935 per unit), while the average price for exports to China ($40 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+7,127.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Fuel or Lubricating Pump in Libya

In 2022, overseas purchases of fuel, lubricating or cooling-medium pumps for internal combustion engines decreased by -1.5% to 409K units for the first time since 2018, thus ending a three-year rising trend. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2020 with an increase of 13% against the previous year. Over the period under review, imports reached the maximum at 416K units in 2021, and then contracted modestly in the following year.

In value terms, fuel or lubricating pump imports shrank sharply to $9.1M in 2022. Over the period under review, imports recorded a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 64%. As a result, imports attained the peak of $11M, and then contracted remarkably in the following year.

Import of Fuel or Lubricating Pump in Libya (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	2.7	3.0	3.9	3.7	11.1%
South Korea	2.2	0.8	2.0	1.8	-6.5%
Italy	0.9	0.2	0.7	0.8	-3.9%
Germany	0.5	0.2	0.4	0.8	17.0%
Turkey	0.6	0.3	0.7	0.5	-5.9%
United Arab Emirates	1.9	0.8	1.8	0.4	-40.5%
Others	1.4	1.5	1.9	1.1	-7.7%
Total	10.1	6.9	11.3	9.1	-3.4%

Top Suppliers of Fuel or Lubricating Pump to Libya in 2022:

China (310.2K units)
South Korea (21.5K units)
United Arab Emirates (20.7K units)
Turkey (20.6K units)
Germany (14.0K units)
Italy (8.2K units)

Exports of Fuel or Lubricating Pump in Libya

In 2022, shipments abroad of fuel, lubricating or cooling-medium pumps for internal combustion engines increased by 100% to 2 units for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, saw a abrupt contraction. Over the period under review, the exports hit record highs at 3 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, fuel or lubricating pump exports soared to $1.4K in 2022. Over the period under review, exports, however, faced a abrupt slump. Over the period under review, the exports attained the maximum at $2.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Fuel or Lubricating Pump in Libya (USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Belgium	N/A	N/A	N/A	935	0%
Germany	219	1,518	1,135	471	29.1%
China	21.0	138	100	40.0	24.0%
United States	1,981	N/A	N/A	N/A	0%
Others	N/A	N/A	N/A	N/A	0%
Total	2,221	1,656	1,235	1,446	-13.3%

Top Export Markets for Fuel or Lubricating Pump from Libya in 2022:

Belgium (1.0 units)
Germany (1.0 units)
China (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for fuel or lubricating pump 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 28131165 - Fuel, lubricating or cooling-medium pumps for internal combustion engines

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