Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium - 2023

Contents:

1. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium (CIF) - 2022
2. Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium (FOB) - 2022
3. Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium
4. Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium (CIF) - 2022

The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $1,157 per unit in 2022, shrinking by -56% against the previous year. Over the period under review, the import price faced a significant curtailment. The most prominent rate of growth was recorded in 2019 an increase of 386%. Over the period under review, average import prices reached the peak figure at $28,366 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 Japan ($4,449 per unit), while the price for France ($301 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-9.1%), while the prices for the other major suppliers experienced a decline.

Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium (FOB) - 2022

The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $10,867 per unit in 2022, which is down by -18.9% against the previous year. Over the period under review, the export price recorded a pronounced slump. The pace of growth appeared the most rapid in 2018 when the average export price increased by 121% against the previous year. As a result, the export price reached the peak level of $36,178 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($167,889 per unit), while the average price for exports to Nigeria ($569 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 Hungary (+744.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium

In 2022, the amount of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses imported into Belgium soared to 5.3K units, increasing by 435% against 2021 figures. In general, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $6.2M in 2022. Over the period under review, imports, however, recorded a deep reduction. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to Belgium in 2022:

1. Italy (3106.0 units)
2. China (1543.0 units)
3. Japan (202.0 units)
4. Netherlands (124.0 units)
5. United States (77.0 units)
6. Romania (59.0 units)
7. Germany (46.0 units)

Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in Belgium

Exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses from Belgium shrank significantly to 501 units in 2022, declining by -37.9% on 2021. Over the period under review, exports, however, saw a resilient increase. The growth pace was the most rapid in 2021 when exports increased by 260% against the previous year. As a result, the exports reached the peak of 807 units, and then declined remarkably in the following year.

In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses fell rapidly to $5.4M in 2022. In general, exports, however, posted a remarkable increase. The pace of growth was the most pronounced in 2021 with an increase of 178%. As a result, the exports attained the peak of $11M, and then dropped dramatically in the following year.

Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from Belgium in 2022:

1. Nigeria (283.0 units)
2. Mexico (137.0 units)
3. Morocco (24.0 units)
4. United States (12.0 units)
5. Netherlands (9.0 units)
6. Germany (2.0 units)
7. Democratic Republic of the Congo (1.0 units)
8. Saudi Arabia (1.0 units)
9. India (1.0 units)
10. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform