Price for Textile Machinery; Spinning Machines in Sweden - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Sweden (CIF) - 2022
  2. Price for Textile Machinery; Spinning Machines in Sweden (FOB) - 2022
  3. Imports of Textile Machinery; Spinning Machines in Sweden
  4. Exports of Textile Machinery; Spinning Machines in Sweden

Price for Textile Machinery; Spinning Machines in Sweden (CIF) - 2022

In 2022, the average textile machinery; spinning machines import price amounted to $812 per unit, with an increase of 389% against the previous year. Over the period under review, the import price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2015 an increase of 13,813%. As a result, import price attained the peak level of $28,302 per unit. From 2016 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($989 per unit), while the price for New Zealand ($273 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+33.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Machinery; Spinning Machines in Sweden (FOB) - 2022

In 2022, the average textile machinery; spinning machines export price amounted to $1,044 per unit, dropping by -46.3% against the previous year. Overall, the export price, however, recorded a significant expansion. The growth pace was the most rapid in 2013 an increase of 3,022% against the previous year. The export price peaked at $1,944 per unit in 2021, and then reduced rapidly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($8,009 per unit), while the average price for exports to Thailand ($40 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+191.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; Spinning Machines in Sweden

In 2022, overseas purchases of textile machinery; spinning machineses decreased by -34.4% to 149 units, falling for the second consecutive year after two years of growth. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 4,313% against the previous year. As a result, imports reached the peak of 353 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, textile machinery; spinning machines imports skyrocketed to $121K in 2022. Over the period under review, imports, however, continue to indicate a significant expansion. The growth pace was the most rapid in 2020 with an increase of 4,540%. As a result, imports attained the peak of $436K. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Textile Machinery; Spinning Machines in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand1.321.925.732.5192.4%
United States2.64.59.97.844.2%
ChinaN/A363N/A3.0-90.9%
United KingdomN/AN/A0.7N/A0%
Others5.547.41.477.7141.7%
Total9.443637.7121134.4%

Top Suppliers of Textile Machinery; Spinning Machines to Sweden in 2022:

  1. New Zealand (119.0 units)
  2. United States (21.0 units)
  3. China (3.0 units)

Exports of Textile Machinery; Spinning Machines in Sweden

Textile machinery; spinning machines exports from Sweden skyrocketed to 9 units in 2022, growing by 29% against the year before. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 250% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, textile machinery; spinning machines exports dropped significantly to $9.4K in 2022. Over the period under review, exports recorded a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 659% against the previous year. As a result, the exports reached the peak of $14K, and then reduced sharply in the following year.

Export of Textile Machinery; Spinning Machines in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A8.00%
NorwayN/A0.6N/A1.029.1%
ThailandN/AN/AN/A0.20%
AustraliaN/AN/AN/A0.10%
United KingdomN/AN/A0.10.10.0%
Switzerland0.1N/A7.5N/A766.0%
ChinaN/A1.2N/AN/A0%
SingaporeN/AN/A5.9N/A0%
Others0.2N/AN/AN/A0%
Total0.31.813.69.4215.3%

Top Export Markets for Textile Machinery; Spinning Machines from Sweden in 2022:

  1. Thailand (5.0 units)
  2. United Kingdom (1.0 units)
  3. United Arab Emirates (1.0 units)
  4. Australia (1.0 units)
  5. Norway (1.0 units)

Source: IndexBox Market Intelligence Platform

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