Price for Textile Machinery; Spinning Machines in Finland - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Finland (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Finland
Price for Textile Machinery; Spinning Machines in Finland (CIF) - 2022
The average textile machinery; spinning machines import price stood at $3,084 per unit in 2022, increasing by 743% against the previous year. In general, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 17,986%. As a result, import price reached the peak level of $146,137 per unit. From 2015 to 2022, the average 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 Turkey ($23,440 per unit), while the price for the United States ($291 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (-4.0%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; Spinning Machines in Finland
For the fourth year in a row, Finland recorded growth in purchases abroad of textile machinery; spinning machineses, which increased by 21% to 34 units in 2022. Overall, total imports indicated a significant increase from 2019 to 2022: its volume increased at an average annual rate of +28.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +112.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 63% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, textile machinery; spinning machines imports soared to $105K in 2022. In general, imports showed significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; Spinning Machines in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | N/A | N/A | 93.8 | 0% |
| New Zealand | 2.7 | 7.4 | 8.5 | 6.2 | 31.9% |
| United States | 1.2 | 1.3 | 1.8 | 2.6 | 29.4% |
| United Kingdom | N/A | N/A | N/A | 2.2 | 0% |
| Others | 0.1 | N/A | N/A | N/A | 0% |
| Total | 4.0 | 8.8 | 10.2 | 105 | 197.2% |
Top Suppliers of Textile Machinery; Spinning Machines to Finland in 2022:
- New Zealand (16.0 units)
- United States (9.0 units)
- United Kingdom (5.0 units)
- Turkey (4.0 units)
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