Price for Textile Machinery; Spinning Machines in Belgium - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Belgium (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Belgium (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Belgium
- Exports of Textile Machinery; Spinning Machines in Belgium
Price for Textile Machinery; Spinning Machines in Belgium (CIF) - 2022
The average textile machinery; spinning machines import price stood at $1,281 per unit in 2022, with a decrease of -81.8% against the previous year. In general, the import price showed a dramatic curtailment. The pace of growth appeared the most rapid in 2021 an increase of 205% against the previous year. Over the period under review, average import prices attained the maximum at $26,110 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat 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 Canada ($37,962 per unit), while the price for the Netherlands ($32 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+3.9%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Belgium (FOB) - 2022
The average textile machinery; spinning machines export price stood at $1,367 per unit in 2022, dropping by -49% against the previous year. In general, the export price saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 when the average export price increased by 213% against the previous year. Over the period under review, the average export prices reached the maximum at $14,918 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($3,098 per unit), while the average price for exports to South Korea ($82 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 the United States (+49.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Machinery; Spinning Machines in Belgium
In 2022, the amount of textile machinery; spinning machineses imported into Belgium surged to 37 units, rising by 28% on the previous year. Over the period under review, imports saw a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 867%. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, textile machinery; spinning machines imports contracted rapidly to $47K in 2022. In general, imports, however, saw a mild reduction. The pace of growth appeared the most rapid in 2021 when imports increased by 2,853% against the previous year. As a result, imports attained the peak of $204K, and then declined significantly in the following year.
| Import of Textile Machinery; Spinning Machines in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Canada | N/A | N/A | N/A | 38.0 | 0% |
| Poland | N/A | N/A | N/A | 9.2 | 0% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Russia | N/A | N/A | 0.6 | N/A | 0% |
| China | 44.9 | N/A | 0.1 | N/A | -95.3% |
| Germany | 4.3 | N/A | 83.1 | N/A | 339.6% |
| Netherlands | 0.4 | 3.4 | 0.9 | N/A | 50.0% |
| Others | N/A | 3.6 | 120 | N/A | 3233.3% |
| Total | 49.5 | 6.9 | 204 | 47.4 | -1.4% |
Top Suppliers of Textile Machinery; Spinning Machines to Belgium in 2022:
- Poland (34.0 units)
- Canada (1.0 units)
- Netherlands (1.0 units)
- India (1.0 units)
Exports of Textile Machinery; Spinning Machines in Belgium
In 2022, textile machinery; spinning machines exports from Belgium soared to 20 units, increasing by 900% against the previous year. Overall, exports posted a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 16,300%. As a result, the exports attained the peak of 656 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, textile machinery; spinning machines exports skyrocketed to $27K in 2022. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 51,301% against the previous year. As a result, the exports attained the peak of $1.5M. From 2021 to 2022, the growth of the exports remained at a lower figure.
| Export of Textile Machinery; Spinning Machines in Belgium (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | N/A | N/A | N/A | 15.5 | 0% |
| United Kingdom | N/A | N/A | N/A | 11.8 | 0% |
| South Korea | N/A | N/A | N/A | 0.1 | 0% |
| Democratic Republic of the Congo | N/A | 34.8 | N/A | N/A | 0% |
| Others | 2.8 | 1,422 | 5.4 | N/A | 38.9% |
| Total | 2.8 | 1,457 | 5.4 | 27.3 | 113.6% |
Top Export Markets for Textile Machinery; Spinning Machines from Belgium in 2022:
- United Kingdom (14.0 units)
- Pakistan (5.0 units)
- South Korea (1.0 units)
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