Price for Textile Machinery; Spinning Machines in Hungary - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Hungary (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Hungary (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Hungary
- Exports of Textile Machinery; Spinning Machines in Hungary
Price for Textile Machinery; Spinning Machines in Hungary (CIF) - 2022
The average textile machinery; spinning machines import price stood at $115 per unit in 2022, reducing by -94.5% against the previous year. In general, the import price saw a dramatic slump. The most prominent rate of growth was recorded in 2014 an increase of 55,805%. As a result, import price reached the peak level of $112,929 per unit. From 2015 to 2022, the average import prices remained at a lower figure.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($116 per unit), while the price for New Zealand ($77 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+23.2%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Hungary (FOB) - 2022
The average textile machinery; spinning machines export price stood at $6,734 per unit in 2022, rising by 12% against the previous year. Over the period under review, the export price enjoyed a strong expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by 726%. Over the period under review, the average export prices hit record highs at $16,326 per unit in 2019; however, from 2020 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 India ($7,674 per unit), while the average price for exports to Germany stood at $1,089 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-2.2%), while the prices for the other major destinations experienced a decline.
Imports of Textile Machinery; Spinning Machines in Hungary
In 2022, approx. 312 units of textile machinery; spinning machineses were imported into Hungary; rising by 564% on 2021. Over the period under review, imports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 571%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, textile machinery; spinning machines imports declined markedly to $36K in 2022. In general, imports posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 133%. As a result, imports reached the peak of $99K, and then declined rapidly in the following year.
Import of Textile Machinery; Spinning Machines in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 19.1 | 0.2 | 61.5 | 35.6 | 23.1% |
United States | N/A | 0.5 | 36.8 | 0.1 | -55.3% |
Others | 1.3 | 41.7 | 0.6 | 0.2 | -46.4% |
Total | 20.3 | 42.4 | 98.8 | 36.0 | 21.0% |
Top Suppliers of Textile Machinery; Spinning Machines to Hungary in 2022:
- China (308.0 units)
- United States (1.0 units)
Exports of Textile Machinery; Spinning Machines in Hungary
In 2022, overseas shipments of textile machinery; spinning machineses were finally on the rise to reach 7 units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, showed a abrupt descent. The exports peaked at 11 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports soared to $47K in 2022. Over the period under review, exports, however, continue to indicate a precipitous setback. Over the period under review, the exports reached the maximum at $180K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Textile Machinery; Spinning Machines in Hungary (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 67.4 | 114 | 18.4 | 46.0 | -12.0% |
Germany | N/A | N/A | 11.6 | 1.1 | -90.5% |
China | 53.1 | N/A | N/A | N/A | 0% |
Poland | 59.0 | N/A | N/A | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 180 | 114 | 30.0 | 47.1 | -36.0% |
Top Export Markets for Textile Machinery; Spinning Machines from Hungary in 2022:
- India (6.0 units)
- Germany (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Hungary.
Global Textile Spinning Machine Market Report 2018. This report provides an in-depth analysis of the global textile spinning machine market.
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
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Global Textile Spinning Machine Market Report 2018. This report provides an in-depth analysis of the global textile spinning machine market.
Explore the top import markets for textile weaving and knitting machinery in 2023, including key statistics and analysis. Find out which countries are leading the global market for textile machinery imports.
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