Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (CIF) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (FOB) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $1,940 per unit in 2022, shrinking by -50.2% against the previous year. Overall, the import price recorded a abrupt downturn. The pace of growth was the most pronounced in 2014 when the average import price increased by 68% against the previous year. As a result, import price reached the peak level of $17,114 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 Italy ($7,438 per unit), while the price for Japan ($689 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+41.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $360 per unit in 2022, shrinking by -82.2% against the previous year. In general, the export price faced a precipitous contraction. The growth pace was the most rapid in 2013 an increase of 66% against the previous year. The export price peaked at $15,143 per unit in 2014; however, from 2015 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 ($286 per unit), while the average price for exports to the United States ($1 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 India (-21.0%), 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 Sri Lanka
In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Sri Lanka soared to 231 units, jumping by 69% on the previous year's figure. Over the period under review, imports, however, saw a perceptible reduction. The most prominent rate of growth was recorded in 2021 with an increase of 132%. Over the period under review, imports of reached the peak figure at 269 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 skyrocketed to $378K in 2022. Overall, imports, however, faced a dramatic decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. Over the period under review, imports of reached the maximum at $998K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 220 | 82.2 | 116 | 113 | -19.9% |
| China | 596 | 50.8 | 93.3 | 99.8 | -44.9% |
| United States | 81.7 | 33.1 | 50.4 | 53.5 | -13.2% |
| Malaysia | N/A | N/A | N/A | 52.3 | 0% |
| Taiwan (Chinese) | 7.3 | 9.7 | 24.9 | 26.2 | 53.1% |
| Japan | 21.8 | 7.6 | 9.9 | 9.0 | -25.5% |
| United Kingdom | 26.8 | 2.6 | 2.9 | 1.9 | -58.6% |
| Others | 44.6 | 13.0 | 26.4 | 22.3 | -20.6% |
| Total | 998 | 199 | 323 | 378 | -27.6% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Sri Lanka in 2022:
- Switzerland (90.0 units)
- China (50.0 units)
- Taiwan (Chinese) (28.0 units)
- Malaysia (25.0 units)
- United States (19.0 units)
- Japan (13.0 units)
- United Kingdom (2.0 units)
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka
In 2022, after two years of decline, there was significant growth in shipments abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses, when their volume increased by 50% to 3 units. Over the period under review, exports, however, recorded a precipitous slump. The exports peaked at 10 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses shrank notably to $361 in 2022. In general, exports, however, continue to indicate a precipitous decrease. The smallest decline of -67.5% was in 2020. Over the period under review, the exports of hit record highs at $59K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 36.3 | 13.1 | 1.5 | 0.3 | -79.8% |
| Bangladesh | 22.5 | 6.1 | 0.5 | 0.1 | -83.6% |
| United States | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.9 | 19.1 | 2.0 | 0.4 | -81.1% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Sri Lanka in 2022:
- United States (1.0 units)
- India (1.0 units)
- Bangladesh (1.0 units)
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