Price for Textile Machinery; Spinning Machines in Russia - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Russia (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Russia (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Russia
- Exports of Textile Machinery; Spinning Machines in Russia
Price for Textile Machinery; Spinning Machines in Russia (CIF) - 2022
The average textile machinery; spinning machines import price stood at $18,157 per unit in 2022, surging by 34% against the previous year. Over the period under review, the import price, however, saw a abrupt setback. The pace of growth was the most pronounced in 2019 an increase of 287% against the previous year. Over the period under review, average import prices reached the maximum at $91,472 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for Germany amounted to +12.8% per year.
Price for Textile Machinery; Spinning Machines in Russia (FOB) - 2022
In 2021, the average textile machinery; spinning machines export price amounted to $4,324 per unit, declining by -49% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average export price increased by 204% against the previous year. The export price peaked at $17,957 per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was India ($9,995 per unit), while the average price for exports to Kazakhstan ($85 per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+126.3%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Machinery; Spinning Machines in Russia
In 2022, after three years of growth, there was significant decline in purchases abroad of textile machinery; spinning machineses, when their volume decreased by -38.5% to 32 units. In general, imports, however, saw a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 420%. As a result, imports reached the peak of 52 units, and then dropped significantly in the following year.
In value terms, textile machinery; spinning machines imports dropped markedly to $581K in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +15.8% 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 +55.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of $706K, and then plummeted in the following year.
| Import of Textile Machinery; Spinning Machines in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | N/A | N/A | N/A | 581 | 0% |
| New Zealand | 7.4 | 6.1 | 6.9 | N/A | -3.4% |
| Armenia | N/A | N/A | 15.2 | N/A | 0% |
| China | 38.6 | 65.5 | 676 | N/A | 318.5% |
| Italy | 304 | 380 | N/A | N/A | 25.0% |
| Others | 24.4 | 4.6 | 7.5 | N/A | -44.6% |
| Total | 374 | 456 | 706 | 581 | 15.8% |
Top Suppliers of Textile Machinery; Spinning Machines to Russia in 2022:
- Switzerland (32.0 units)
Exports of Textile Machinery; Spinning Machines in Russia
In 2021, the amount of textile machinery; spinning machineses exported from Russia soared to 31 units, rising by 288% compared with the year before. In general, exports, however, saw a dramatic decrease. Over the period under review, the exports hit record highs at 120 units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports surged to $134K in 2021. Over the period under review, exports, however, continue to indicate a sharp descent. The exports peaked at $335K in 2019; however, from 2020 to 2021, the exports failed to regain momentum.
| Export of Textile Machinery; Spinning Machines in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| India | 243 | 25.0 | 60.0 | -50.3% | |
| Italy | N/A | 20.2 | 36.6 | 81.2% | |
| Uzbekistan | N/A | N/A | 27.5 | 0% | |
| Pakistan | 68.3 | N/A | 6.0 | -70.4% | |
| Belarus | 23.6 | N/A | 3.9 | -59.3% | |
| Kazakhstan | N/A | 0.1 | 0.1 | 0.0% | |
| Others | N/A | 22.7 | N/A | 0% | |
| Total | 335 | 67.9 | 134 | -36.8% | |
Top Export Markets for Textile Machinery; Spinning Machines from Russia in 2022:
- Italy (12.0 units)
- India (6.0 units)
- Uzbekistan (6.0 units)
- Pakistan (3.0 units)
- Belarus (3.0 units)
- Kazakhstan (1.0 units)
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