Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam (CIF) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam (FOB) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $6,885 per unit, which is down by -29.6% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The pace of growth was the most pronounced in 2017 an increase of 72%. The import price peaked at $17,247 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($29,282 per unit), while the price for India ($3,104 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+16.8%), 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 Vietnam (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $6,000 per unit in 2022, dropping by -40% against the previous year. Over the period under review, the export price recorded a deep slump. The most prominent rate of growth was recorded in 2018 an increase of 81% against the previous year. As a result, the export price reached the peak level of $55,350 per unit. From 2019 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 Indonesia ($5,123 per unit), while the average price for exports to Lao People's Democratic Republic ($128 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 Thailand (+36.2%), 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 Vietnam
Imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Vietnam fell to 1K units in 2022, with a decrease of -12.1% compared with 2021 figures. Overall, imports showed a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. Over the period under review, imports of hit record highs at 1.8K 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 declined rapidly to $6.9M in 2022. In general, imports continue to indicate a precipitous slump. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked at $19M 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 Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.0 | 3.4 | 7.7 | 3.0 | -38.7% |
| Switzerland | 2.4 | 3.0 | 0.6 | 1.5 | -14.5% |
| United States | 1.1 | 0.6 | 0.5 | 0.5 | -23.1% |
| South Korea | 0.7 | 0.5 | 0.4 | 0.5 | -10.6% |
| India | N/A | N/A | 0.2 | 0.4 | 100.0% |
| Germany | 0.5 | 0.4 | 0.3 | 0.2 | -26.3% |
| Hong Kong SAR | 0.5 | 0.3 | 0.1 | 0.2 | -26.3% |
| Taiwan (Chinese) | 0.8 | N/A | N/A | 0.1 | -50.0% |
| Others | 0.3 | 1.0 | 1.2 | 0.5 | 18.6% |
| Total | 19.4 | 9.1 | 11.1 | 6.9 | -29.1% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Vietnam in 2022:
- China (715.0 units)
- India (128.0 units)
- Switzerland (60.0 units)
- South Korea (33.0 units)
- Germany (18.0 units)
- Hong Kong SAR (17.0 units)
- United States (16.0 units)
- Taiwan (Chinese) (10.0 units)
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam
In 2022, overseas shipments of weaving machines (looms); for weaving fabrics of a width 30cm or lesses decreased by -33.3% to 4 units, falling for the second consecutive year after two years of growth. Overall, exports saw a deep contraction. The most prominent rate of growth was recorded in 2020 with an increase of 129%. As a result, the exports reached the peak of 16 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses shrank dramatically to $6K in 2022. In general, exports recorded a precipitous decrease. The most prominent rate of growth was recorded in 2020 when exports increased by 90%. As a result, the exports attained the peak of $304K. From 2021 to 2022, the growth of the exports of remained at a lower figure.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Indonesia | 66.5 | 137 | 21.7 | 5.1 | -57.5% |
| South Korea | 22.7 | 3.6 | 1.1 | 0.6 | -70.2% |
| India | N/A | N/A | N/A | 0.2 | 0% |
| Lao People's Democratic Republic | 2.9 | 4.0 | 0.4 | 0.1 | -67.5% |
| Thailand | 68.3 | 62.0 | N/A | N/A | -9.2% |
| Cambodia | N/A | N/A | 19.5 | N/A | 0% |
| Taiwan (Chinese) | N/A | 97.5 | 7.3 | N/A | -92.5% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 160 | 304 | 50.0 | 6.0 | -66.5% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Vietnam in 2022:
- Lao People's Democratic Republic (1.0 units)
- South Korea (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
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