Price for Textile Machinery; Spinning Machines in Mexico - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Mexico (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Mexico
Price for Textile Machinery; Spinning Machines in Mexico (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $4,903 per unit, rising by 36% against the previous year. Overall, the import price, however, recorded a deep reduction. The growth pace was the most rapid in 2014 an increase of 100% against the previous year. Over the period under review, average import prices attained the peak figure at $28,565 per unit in 2012; however, from 2013 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 Germany ($269,828 per unit), while the price for the United States ($1,183 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+22.4%), while the prices for the other major suppliers experienced a decline.
Imports of Textile Machinery; Spinning Machines in Mexico
After two years of decline, overseas purchases of textile machinery; spinning machineses increased by 2,325% to 1.4K units in 2022. Overall, imports posted prominent growth. 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 surged to $6.8M in 2022. In general, imports, however, faced a deep reduction. Imports peaked at $10M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Textile Machinery; Spinning Machines in Mexico (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 0.6 | N/A | 0.2 | 4.9 | 101.4% |
Germany | 6.3 | 3.2 | N/A | 1.9 | -32.9% |
India | 3.5 | 2.6 | N/A | N/A | -25.7% |
Others | N/A | 0.5 | N/A | N/A | 0% |
Total | 10.4 | 6.3 | 0.2 | 6.8 | -13.2% |
Top Suppliers of Textile Machinery; Spinning Machines to Mexico in 2022:
- China (1374.0 units)
- Germany (7.0 units)
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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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