Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States - 2024
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States (FOB) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States (CIF) - 2022
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $7,245 per unit in 2022, increasing by 9.9% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2019 an increase of 467%. As a result, the export price reached the peak level of $61,218 per unit. From 2020 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Honduras ($24,444 per unit), while the average price for exports to China ($3,761 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 the Philippines (+54.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $38 per unit in 2022, increasing by 4.5% against the previous year. In general, the import price, however, faced a sharp contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 262%. Over the period under review, average import prices reached the peak figure at $2,042 per unit in 2014; however, from 2015 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 ($1,515 per unit), while the price for Italy ($22 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+12.0%), while the prices for the other major suppliers experienced a decline.
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States
In 2022, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses from the United States rose rapidly to 336 units, picking up by 5.7% compared with the previous year. Over the period under review, exports, however, showed a dramatic decline. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. The exports peaked at 1.9K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses skyrocketed to $2.4M in 2022. Overall, exports, however, faced a precipitous shrinkage. The exports peaked at $20M 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 615 | 233 | 63.1 | 880 | 12.7% |
| Canada | 87.2 | 124 | N/A | 395 | 65.5% |
| Honduras | N/A | N/A | N/A | 220 | 0% |
| Philippines | N/A | N/A | N/A | 130 | 0% |
| France | 123 | 88.5 | 213 | 126 | 0.8% |
| Mexico | 1,239 | 278 | 652 | 95.5 | -57.4% |
| Pakistan | 10.0 | N/A | 145 | 58.5 | 80.2% |
| United Kingdom | 175 | 56.0 | 39.1 | 50.0 | -34.1% |
| Germany | 148 | 359 | 248 | 41.2 | -34.7% |
| Turkey | 670 | N/A | 222 | 3.0 | -83.5% |
| Spain | 25.0 | N/A | 65.0 | N/A | 61.2% |
| India | 15,213 | 167 | 243 | N/A | -87.4% |
| Others | 1,285 | 1,083 | 220 | 435 | -30.3% |
| Total | 19,590 | 2,387 | 2,109 | 2,434 | -50.1% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from the United States in 2022:
- China (234.0 units)
- Canada (26.0 units)
- Pakistan (15.0 units)
- Mexico (10.0 units)
- Philippines (10.0 units)
- Honduras (9.0 units)
- France (6.0 units)
- United Kingdom (6.0 units)
- Germany (2.0 units)
- Turkey (1.0 units)
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States
In 2022, overseas purchases of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -34.7% to 11K units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 62%. Imports peaked at 16K units in 2021, and then dropped notably in the following year.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses declined remarkably to $1.7M in 2022. In general, imports showed a perceptible contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 118% against the previous year. As a result, imports reached the peak of $4.1M, and then declined notably in the following year.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 1,170 | 938 | 2,730 | 1,100 | -2.0% |
| China | 105 | 614 | 843 | 243 | 32.3% |
| Japan | N/A | 14.3 | 133 | 186 | 260.7% |
| India | N/A | 7.2 | 15.8 | 71.7 | 215.6% |
| South Korea | 229 | 182 | 9.0 | 28.4 | -50.1% |
| Italy | 59.8 | 3.9 | 31.3 | 19.0 | -31.8% |
| Germany | 239 | 6.1 | 14.9 | 10.1 | -65.2% |
| Austria | N/A | 23.0 | N/A | N/A | 0% |
| Others | 192 | 73.1 | 288 | 76.5 | -26.4% |
| Total | 1,995 | 1,862 | 4,065 | 1,734 | -4.6% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to the United States in 2022:
- Japan (5.1K units)
- China (1.5K units)
- India (1.3K units)
- Italy (0.8K units)
- Switzerland (0.7K units)
- Germany (0.4K units)
- South Korea (0.4K units)
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