Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia - 2023
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (CIF) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (FOB) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $678 per unit in 2022, surging by 82% against the previous year. In general, the import price, however, faced a precipitous setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 453%. The import price peaked at $22,779 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Norway ($3,879 per unit), while the price for China ($156 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+209.4%), while the prices for the other major suppliers experienced a decline.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $26 per unit in 2022, which is down by -79.9% against the previous year. Over the period under review, the export price continues to indicate a significant decline. The pace of growth appeared the most rapid in 2021 when the average export price increased by 577% against the previous year. The export price peaked at $14,835 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($4,160 per unit), while the average price for exports to Malaysia ($10 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to New Zealand (-0.8%), while the prices for the other major destinations experienced a decline.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia
In 2022, purchases abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses was finally on the rise to reach 71 units after two years of decline. In general, imports, however, showed a dramatic descent. Imports peaked at 171 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $76K in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2020 when imports increased by 662%. As a result, imports attained the peak of $118K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 14.0 | 84.7 | 13.2 | 50.4 | 53.3% |
| Italy | N/A | N/A | 0.3 | 10.2 | 3300.0% |
| Switzerland | 0.5 | 18.4 | 2.7 | 10.0 | 171.4% |
| New Zealand | 0.1 | 0.8 | 0.4 | 1.8 | 162.1% |
| United States | N/A | 0.8 | 0.4 | 0.8 | 0.0% |
| China | 0.1 | 8.7 | 1.1 | 0.6 | 81.7% |
| Netherlands | 0.2 | N/A | N/A | N/A | 0% |
| Others | 0.6 | 4.3 | 0.5 | 2.1 | 51.8% |
| Total | 15.4 | 118 | 18.7 | 76.0 | 70.3% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Australia in 2022:
- Italy (34.0 units)
- Norway (13.0 units)
- New Zealand (9.0 units)
- United States (5.0 units)
- China (4.0 units)
- Switzerland (4.0 units)
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia
In 2022, overseas shipments of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -99% to 29 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 9,645% against the previous year. As a result, the exports reached the peak of 3K units, and then contracted markedly in the following year.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses fell rapidly to $5.2K in 2022. Overall, exports continue to indicate a deep reduction. The growth pace was the most rapid in 2021 with an increase of 13,085%. As a result, the exports attained the peak of $385K, and then declined remarkably in the following year.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 6.1 | 2.5 | 23.3 | 4.2 | -11.7% |
| Namibia | N/A | N/A | N/A | 0.3 | 0% |
| Thailand | N/A | N/A | N/A | 0.2 | 0% |
| Philippines | N/A | N/A | N/A | 0.1 | 0% |
| Papua New Guinea | N/A | N/A | 0.3 | 0.1 | -66.7% |
| New Zealand | 0.1 | N/A | 0.4 | 0.1 | 0.0% |
| China | N/A | N/A | 355 | N/A | 0% |
| Malaysia | N/A | 0.2 | 1.2 | N/A | 500.0% |
| Others | 2.5 | 0.2 | 4.3 | 0.3 | -50.7% |
| Total | 8.7 | 2.9 | 385 | 5.2 | -15.8% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Australia in 2022:
- Thailand (10.0 units)
- Namibia (7.0 units)
- New Zealand (5.0 units)
- Philippines (2.0 units)
- Malaysia (2.0 units)
- India (1.0 units)
- Papua New Guinea (1.0 units)
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