Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia - 2022

Contents:

1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia (CIF) - 2022
2. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia (FOB) - 2022
3. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia
4. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia (CIF) - 2022

The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $5,345 per unit in 2022, rising by 13% against the previous year. In general, the import price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2017 an increase of 252% against the previous year. Over the period under review, average import prices reached the peak figure at $24,483 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 Turkey ($16,520 per unit), while the price for India ($1,423 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+30.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia (FOB) - 2022

The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $8,116 per unit in 2022, declining by -52.6% against the previous year. Overall, the export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2021 an increase of 4,125% against the previous year. As a result, the export price reached the peak level of $17,127 per unit, and then dropped markedly in the following year.

As there is only one major export destination, the average price level is determined by prices for India.

From 2012 to 2022, the rate of growth in terms of prices for Belarus amounted to +47.2% per year.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia

Imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Russia skyrocketed to 307 units in 2022, rising by 44% against the year before. The total import volume increased at an average annual rate of +11.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses skyrocketed to $1.6M in 2022. In general, imports, however, continue to indicate a abrupt descent. Imports peaked at $1.9M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Russia in 2022:

1. China (218.0 units)
2. India (49.0 units)
3. Turkey (35.0 units)

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Russia

In 2022, approx. 3 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were exported from Russia; waning by -70% on the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The smallest decline of -69.7% was in 2021. Over the period under review, the exports of attained the peak figure at 33 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $24K in 2022. In general, total exports indicated significant growth from 2020 to 2022: its value increased at an average annual rate of +34.9% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +82.0% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Russia in 2022:

1. India (3.0 units)

Source: IndexBox Market Intelligence Platform