Price for Textile Machinery; Spinning Machines in the United Arab Emirates - 2021

Contents:

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

Price for Textile Machinery; Spinning Machines in the United Arab Emirates (FOB) - 2022

In 2022, the average textile machinery; spinning machines export price amounted to $9,739 per unit, picking up by 22% against the previous year. Overall, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2016 an increase of 702%. The export price peaked at $66,060 per unit in 2017; however, from 2018 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 Turkey ($28,710 per unit), while the average price for exports to India stood at $9,388 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iran (+133.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Textile Machinery; Spinning Machines in the United Arab Emirates (CIF) - 2022

The average textile machinery; spinning machines import price stood at $13,930 per unit in 2022, increasing by 2.6% against the previous year. Over the period under review, the import price recorded a mild expansion. The most prominent rate of growth was recorded in 2015 when the average import price increased by 195%. Over the period under review, average import prices attained the maximum at $99,379 per unit in 2017; however, from 2018 to 2022, 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 India ($18,981 per unit), while the price for Japan ($6,818 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Exports of Textile Machinery; Spinning Machines in the United Arab Emirates

After three years of growth, shipments abroad of textile machinery; spinning machineses decreased by -29% to 110 units in 2022. Over the period under review, exports, however, enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 103% against the previous year. The exports peaked at 155 units in 2021, and then contracted markedly in the following year.

In value terms, textile machinery; spinning machines exports declined to $1.1M in 2022. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 60%. Over the period under review, the exports reached the maximum at $1.2M in 2021, and then reduced in the following year.

Export of Textile Machinery; Spinning Machines in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India55726.92711,01422.1%
TurkeyN/AN/AN/A57.40%
Oman8.2872967N/A985.9%
Others0.23.51.6N/A182.8%
Total5659031,2401,07123.8%

Top Export Markets for Textile Machinery; Spinning Machines from the United Arab Emirates in 2022:

  1. India (108.0 units)
  2. Turkey (2.0 units)

Imports of Textile Machinery; Spinning Machines in the United Arab Emirates

In 2022, the amount of textile machinery; spinning machineses imported into the United Arab Emirates surged to 445 units, with an increase of 17% compared with 2021 figures. Overall, imports saw resilient growth. The growth pace was the most rapid in 2020 with an increase of 181%. As a result, imports attained the peak of 979 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, textile machinery; spinning machines imports soared to $6.2M in 2022. In general, imports, however, recorded a dramatic downturn. Imports peaked at $20M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Textile Machinery; Spinning Machines in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India12.30.14.04.1-30.7%
China0.3N/AN/A1.154.2%
JapanN/AN/A0.90.90.0%
Germany3.7N/AN/AN/A0%
NetherlandsN/A3.3N/AN/A0%
Others3.73.70.20.1-70.0%
Total20.07.25.26.2-32.3%

Top Suppliers of Textile Machinery; Spinning Machines to the United Arab Emirates in 2022:

  1. India (215.0 units)
  2. Japan (138.0 units)
  3. China (82.0 units)

Source: IndexBox Market Intelligence Platform

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