Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $11,418 per unit, surging by 35% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses increased by +90.6% against 2017 indices. The pace of growth was the most pronounced in 2014 an increase of 95%. As a result, import price reached the peak level of $12,886 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($149,116 per unit), while the price for Swaziland ($2,240 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh
In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Bangladesh dropped remarkably to 859 units, falling by -18.2% against the previous year. In general, imports recorded a noticeable setback. The pace of growth appeared the most rapid in 2021 when imports increased by 80% against the previous year. As a result, imports attained the peak of 1.1K units, and then contracted remarkably in the following year.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses totaled $9.8M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +5.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 61% against the previous year. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,088 | 2,070 | 3,943 | 4,199 | 26.2% |
| Switzerland | 2,706 | 1,618 | 2,896 | 2,088 | -8.3% |
| Italy | 796 | 98.3 | 15.5 | 1,352 | 19.3% |
| Germany | 124 | 138 | 224 | 218 | 20.7% |
| India | 500 | 96.1 | 105 | 199 | -26.4% |
| Sri Lanka | 114 | 94.0 | 92.7 | 80.4 | -11.0% |
| Swaziland | 91.9 | 73.9 | 71.3 | 60.5 | -13.0% |
| Pakistan | 43.1 | 44.5 | 54.9 | 59.6 | 11.4% |
| Others | 1,778 | 1,253 | 1,453 | 1,530 | -4.9% |
| Total | 8,241 | 5,486 | 8,854 | 9,786 | 5.9% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Bangladesh in 2022:
- China (656.0 units)
- Italy (75.0 units)
- Swaziland (27.0 units)
- Sri Lanka (25.0 units)
- India (17.0 units)
- Germany (16.0 units)
- Pakistan (14.0 units)
- Switzerland (14.0 units)
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