Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Egypt - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Egypt (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Egypt
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Egypt (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $120,038 per unit in 2022, rising by 20% against the previous year. In general, the import price showed a strong increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 20% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($186,041 per unit), while the price for the United States ($3,339 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+49.1%), 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 Egypt
In 2022, purchases abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by 0% to 13 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports faced a sharp setback. The smallest decline of -53.6% was in 2020. Over the period under review, imports of hit record highs at 28 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses skyrocketed to $602K in 2022. In general, imports showed a dramatic decline. The pace of growth appeared the most rapid in 2021 when imports increased by 159%. Imports peaked at $1.7M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 535 | 62.4 | 73.2 | 186 | -29.7% |
| United Kingdom | 270 | 49.6 | 138 | 168 | -14.6% |
| China | 332 | 20.6 | 90.7 | 83.8 | -36.8% |
| South Korea | 51.9 | 10.2 | 30.5 | 39.9 | -8.4% |
| Belgium | 93.9 | 9.5 | 4.7 | 32.5 | -29.8% |
| Turkey | 3.8 | 0.9 | 3.8 | 21.0 | 76.8% |
| Germany | 41.9 | 4.7 | 4.9 | 16.2 | -27.1% |
| India | 16.6 | 5.0 | 12.0 | 14.8 | -3.8% |
| France | 32.3 | 4.7 | 12.2 | 14.0 | -24.3% |
| Italy | 54.9 | 1.3 | 9.1 | 12.4 | -39.1% |
| Taiwan (Chinese) | 190 | 0.7 | 3.8 | 9.1 | -63.7% |
| United States | 10.2 | 1.5 | 3.4 | 3.3 | -31.4% |
| Others | 24.0 | 1.0 | 58.8 | N/A | 56.5% |
| Total | 1,657 | 172 | 445 | 602 | -28.6% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Egypt in 2022:
- United Kingdom (2.0 units)
- Turkey (1.0 units)
- United States (1.0 units)
- Italy (1.0 units)
- Taiwan (Chinese) (1.0 units)
- India (1.0 units)
- France (1.0 units)
- Switzerland (1.0 units)
- Germany (1.0 units)
- Belgium (1.0 units)
- China (1.0 units)
- South Korea (1.0 units)
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