Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China - 2024
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (FOB) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (CIF) - 2022
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $506 per unit in 2022, which is down by -55.3% against the previous year. Over the period under review, the export price faced a abrupt decline. The most prominent rate of growth was recorded in 2015 when the average export price increased by 583%. As a result, the export price attained the peak level of $36,468 per unit. From 2016 to 2022, the average 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 ($1,771 per unit), while the average price for exports to Malaysia ($76 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 Chile (-3.1%), while the prices for the other major destinations experienced a decline.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $41,027 per unit, increasing by 157% against the previous year. Over the period under review, the import price enjoyed notable growth. Over the period under review, average import prices hit record highs at $42,841 per unit in 2013; however, from 2014 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 Switzerland ($58,500 per unit), while the price for Taiwan (Chinese) ($20,899 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China
For the fourth consecutive year, China recorded growth in shipments abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses, which increased by 49% to 61K units in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2020 with an increase of 106% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are likely to continue growth in years to come.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses totaled $56M in 2022. The total export value increased at an average annual rate of +10.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 11.7 | 8.1 | 13.1 | 9.0 | -8.4% |
| India | 3.9 | 4.1 | 6.7 | 8.3 | 28.6% |
| Bangladesh | 2.5 | 2.7 | 4.8 | 5.0 | 26.0% |
| United States | 0.1 | 0.9 | 1.5 | 3.3 | 220.8% |
| Indonesia | 2.5 | 2.6 | 3.0 | 3.2 | 8.6% |
| Morocco | 0.1 | 0.5 | 0.1 | 3.0 | 210.7% |
| Turkey | 0.9 | 1.1 | 1.6 | 2.4 | 38.7% |
| Taiwan (Chinese) | 1.8 | 1.7 | 2.6 | 2.0 | 3.6% |
| Brazil | 0.8 | 0.8 | 2.1 | 1.7 | 28.6% |
| Malaysia | 2.7 | 1.1 | 0.8 | 1.5 | -17.8% |
| Thailand | 0.4 | 0.8 | 0.7 | 1.3 | 48.1% |
| Pakistan | 0.6 | 2.1 | 1.7 | 1.2 | 26.0% |
| Chile | N/A | 0.1 | 0.1 | 0.4 | 100.0% |
| Others | 13.1 | 15.1 | 14.1 | 13.6 | 1.3% |
| Total | 41.2 | 41.5 | 53.0 | 55.9 | 10.7% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from China in 2022:
- Malaysia (19.8K units)
- Vietnam (7.0K units)
- India (5.8K units)
- Bangladesh (3.2K units)
- Indonesia (2.3K units)
- United States (2.3K units)
- Morocco (2.3K units)
- Brazil (1.6K units)
- Taiwan (Chinese) (1.6K units)
- Chile (1.4K units)
- Turkey (1.3K units)
- Thailand (1.3K units)
- Pakistan (1.0K units)
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China
In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into China contracted to 95 units, falling by -12% against 2021. Over the period under review, imports continue to indicate a precipitous slump. Imports peaked at 254 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $3.5M in 2022. Overall, imports showed a abrupt slump. Imports peaked at $5.6M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 3,764 | 1,160 | 888 | 2,165 | -16.8% |
| Taiwan (Chinese) | 536 | 390 | 206 | 460 | -5.0% |
| Germany | 318 | 585 | 503 | 444 | 11.8% |
| Japan | 538 | 75.6 | 542 | 222 | -25.6% |
| United States | 243 | 441 | 805 | 126 | -19.7% |
| Netherlands | 0.1 | 222 | N/A | 1.2 | 128.9% |
| Italy | N/A | 80.9 | 13.1 | N/A | -83.8% |
| Others | 153 | 8.3 | N/A | 69.8 | -23.0% |
| Total | 5,553 | 2,962 | 2,957 | 3,487 | -14.4% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to China in 2022:
- Switzerland (37.0 units)
- Taiwan (Chinese) (22.0 units)
- Germany (8.0 units)
- Japan (7.0 units)
- United States (3.0 units)
- Netherlands (1.0 units)
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