Price for Textile Machinery; Spinning Machines in Germany - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Germany (FOB) - 2023
- Price for Textile Machinery; Spinning Machines in Germany (CIF) - 2022
- Exports of Textile Machinery; Spinning Machines in Germany
- Imports of Textile Machinery; Spinning Machines in Germany
Price for Textile Machinery; Spinning Machines in Germany (FOB) - 2023
In August 2023, the average textile machinery; spinning machines export price amounted to $129K per unit, with a decrease of -5.2% against the previous month. Overall, export price indicated a temperate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +4.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, textile machinery; spinning machines export price increased by +75.3% against September 2022 indices. The pace of growth appeared the most rapid in December 2022 when the average export price increased by 22% against the previous month. The export price peaked at $136K per unit in July 2023, and then reduced in the following month.
Prices varied noticeably by the country of destination: the country with the highest price was Turkey ($164K per unit), while the average price for exports to Iran ($46,954 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+10.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in Germany (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $1,971 per unit, waning by -53% against the previous year. In general, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by 360%. Over the period under review, average import prices hit record highs at $9,367 per unit in 2013; however, from 2014 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 the Czech Republic ($29,472 per unit), while the price for New Zealand ($637 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Machinery; Spinning Machines in Germany
Textile machinery; spinning machines exports from Germany soared to 487 units in 2022, picking up by 30% compared with the previous year. Overall, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 38%. As a result, the exports reached the peak of 919 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports declined to $216M in 2022. Over the period under review, total exports indicated temperate growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +70.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 74% against the previous year. As a result, the exports reached the peak of $221M, and then contracted slightly in the following year.
| Export of Textile Machinery; Spinning Machines in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 4.3 | 57.5 | 81.7 | 64.2 | 146.2% |
| Uzbekistan | 38.3 | 13.1 | 19.8 | 32.5 | -5.3% |
| Pakistan | 31.1 | 6.9 | 40.2 | 28.2 | -3.2% |
| India | 5.5 | N/A | 15.1 | 16.8 | 45.1% |
| United States | 1.8 | 0.5 | 5.3 | 14.5 | 100.5% |
| China | 39.1 | 6.8 | 5.0 | 10.4 | -35.7% |
| Brazil | 13.1 | 13.8 | 21.0 | 8.8 | -12.4% |
| Iran | 6.8 | 4.3 | 2.6 | 6.5 | -1.5% |
| Bangladesh | 5.8 | N/A | N/A | 6.2 | 2.2% |
| Mexico | 6.1 | 3.6 | 7.0 | 4.5 | -9.6% |
| Portugal | 1.7 | 5.0 | 8.1 | 3.2 | 23.5% |
| United Kingdom | N/A | N/A | N/A | 1.8 | 0% |
| Belarus | N/A | 1.7 | N/A | N/A | 0% |
| Others | 37.6 | 13.3 | 14.9 | 17.9 | -21.9% |
| Total | 191 | 127 | 221 | 216 | 4.2% |
Top Export Markets for Textile Machinery; Spinning Machines from Germany in 2022:
- Uzbekistan (120.0 units)
- Turkey (84.0 units)
- Pakistan (44.0 units)
- India (42.0 units)
- China (36.0 units)
- Iran (29.0 units)
- Bangladesh (29.0 units)
- United States (19.0 units)
- Brazil (15.0 units)
- Mexico (12.0 units)
- Portugal (10.0 units)
- United Kingdom (8.0 units)
Imports of Textile Machinery; Spinning Machines in Germany
In 2022, the amount of textile machinery; spinning machineses imported into Germany soared to 668 units, jumping by 41% against the previous year's figure. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +47.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, textile machinery; spinning machines imports declined notably to $1.3M in 2022. Over the period under review, total imports indicated a mild expansion from 2019 to 2022: its value increased at an average annual rate of +1.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 34%. Over the period under review, imports attained the maximum at $2M in 2021, and then shrank remarkably in the following year.
| Import of Textile Machinery; Spinning Machines in Germany (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 418 | 1,129 | 484 | 475 | 4.4% |
| New Zealand | 157 | 190 | 218 | 382 | 34.5% |
| Czech Republic | 233 | 303 | 569 | 177 | -8.8% |
| United Kingdom | N/A | N/A | 6.2 | 41.5 | 569.4% |
| United States | 40.7 | 72.6 | 25.8 | 14.0 | -29.9% |
| Japan | 45.7 | N/A | N/A | N/A | 0% |
| Others | 375 | 11.0 | 686 | 227 | -15.4% |
| Total | 1,269 | 1,705 | 1,988 | 1,317 | 1.2% |
Top Suppliers of Textile Machinery; Spinning Machines to Germany in 2022:
- New Zealand (600.0 units)
- United Kingdom (34.0 units)
- India (18.0 units)
- United States (8.0 units)
- Czech Republic (6.0 units)
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