Weaving Machines (Looms) Price in Angola - 2022
Contents:
Weaving Machines (Looms) Price in Angola (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $17,227 per unit, falling by -12.5% against the previous year. Overall, the import price, however, showed a significant expansion. The growth pace was the most rapid in 2016 when the average import price increased by 777% against the previous year. The import price peaked at $19,912 per unit in 2019; however, from 2020 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 India ($18,843 per unit), while the price for Namibia ($56 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+57.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Angola
In 2022, supplies from abroad of weaving machines (looms)s decreased by -39.5% to 23 units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a significant decrease. The growth pace was the most rapid in 2020 with an increase of 15% against the previous year. As a result, imports attained the peak of 82 units. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, weaving machines (looms) imports shrank markedly to $396K in 2022. In general, imports faced a sharp descent. The smallest decline of -27.2% was in 2020. Over the period under review, imports attained the maximum at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Weaving Machines (Looms) in Angola (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
India | 2.7 | 24.0 | 17.1 | 396 | 427.4% |
Portugal | 2.1 | 7.0 | 1.0 | 0.5 | -38.0% |
Namibia | N/A | 0.1 | N/A | 0.1 | 0.0% |
China | 274 | 137 | 2.1 | N/A | -91.2% |
United Kingdom | 9.8 | 57.9 | 15.3 | N/A | 24.9% |
South Africa | 9.9 | 49.0 | 10.9 | N/A | 4.9% |
Czech Republic | 557 | 383 | 352 | N/A | -20.5% |
Others | 558 | 370 | 350 | N/A | -20.8% |
Total | 1,414 | 1,029 | 748 | 396 | -34.6% |
Top Suppliers of Weaving Machines (Looms) to Angola in 2022:
- India (21.0 units)
- Namibia (1.0 units)
- Portugal (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Angola.
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
Explore the top import markets for textile weaving and knitting machinery in 2023, including key statistics and analysis. Find out which countries are leading the global market for textile machinery imports.
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