Weaving Machines (Looms) Price in Argentina - 2023
Contents:
- Weaving Machines (Looms) Price in Argentina (CIF) - 2022
- Weaving Machines (Looms) Price in Argentina (FOB) - 2022
- Weaving Machines (Looms) Imports in Argentina
- Weaving Machines (Looms) Exports in Argentina
Weaving Machines (Looms) Price in Argentina (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $34,821 per unit, with an increase of 24% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 28%. The import price peaked at $46,995 per unit in 2014; however, from 2015 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 Italy ($63,994 per unit), while the price for China ($10,999 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+9.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Argentina (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $10,592 per unit, shrinking by -12.6% against the previous year. Overall, the export price, however, recorded mild growth. The pace of growth appeared the most rapid in 2020 an increase of 54% against the previous year. The export price peaked at $12,116 per unit in 2021, and then reduced in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($36,629 per unit), while the average price for exports to Sweden ($26 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 Spain (+58.7%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Argentina
For the fourth year in a row, Argentina recorded growth in overseas purchases of weaving machines (looms)s, which increased by 17% to 412 units in 2022. Over the period under review, imports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 126%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, weaving machines (looms) imports surged to $14M in 2022. In general, imports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 123% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Weaving Machines (Looms) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 351 | 960 | 1,763 | 6,399 | 163.2% |
| Japan | 49.1 | 1,242 | 2,265 | 2,739 | 282.1% |
| China | 191 | 685 | 2,898 | 1,672 | 106.1% |
| Belgium | 477 | 190 | 476 | 1,366 | 42.0% |
| Switzerland | 319 | 148 | 332 | 631 | 25.5% |
| Portugal | 20.4 | 75.1 | 20.3 | 565 | 202.6% |
| India | 61.9 | 93.4 | 712 | 491 | 99.4% |
| Austria | 184 | 162 | 117 | 108 | -16.3% |
| United States | 64.3 | 122 | 88.3 | N/A | 17.2% |
| Brazil | 177 | 262 | 107 | N/A | -22.2% |
| Others | 487 | 468 | 1,044 | 375 | -8.3% |
| Total | 2,382 | 4,408 | 9,822 | 14,346 | 81.9% |
Top Suppliers of Weaving Machines (Looms) to Argentina in 2022:
- China (152.0 units)
- Italy (100.0 units)
- Japan (57.0 units)
- Portugal (28.0 units)
- Belgium (28.0 units)
- India (15.0 units)
- Switzerland (14.0 units)
- Austria (11.0 units)
Weaving Machines (Looms) Exports in Argentina
In 2022, overseas shipments of weaving machines (looms)s decreased by -18.2% to 18 units, falling for the second year in a row after two years of growth. Overall, total exports indicated a mild increase from 2019 to 2022: its volume increased at an average annual rate of +1.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -40.0% against 2020 indices. The most prominent rate of growth was recorded in 2020 with an increase of 76% against the previous year. As a result, the exports reached the peak of 30 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, weaving machines (looms) exports contracted significantly to $191K in 2022. In general, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 171%. As a result, the exports attained the peak of $342K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Weaving Machines (Looms) in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 41.4 | 87.3 | 83.9 | 73.3 | 21.0% |
| India | 30.5 | 153 | 95.3 | 49.3 | 17.4% |
| Brazil | 33.1 | 60.5 | 50.4 | 38.2 | 4.9% |
| United Arab Emirates | 11.0 | 21.5 | 19.3 | 15.6 | 12.4% |
| Spain | 5.8 | 12.3 | 11.8 | 10.3 | 21.1% |
| Peru | 1.8 | 2.8 | 2.0 | 1.3 | -10.3% |
| Uruguay | 0.8 | 1.4 | 1.2 | 0.9 | 4.0% |
| Chile | 0.6 | 1.1 | 0.9 | 0.7 | 5.3% |
| Bolivia | 0.3 | 0.6 | 0.5 | 0.5 | 18.6% |
| Mexico | 0.8 | 1.2 | 0.8 | 0.5 | -14.5% |
| Paraguay | 0.2 | 0.4 | 0.2 | 0.1 | -20.6% |
| Sweden | N/A | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | 0.2 | N/A | 0% |
| Total | 126 | 342 | 267 | 191 | 14.9% |
Top Export Markets for Weaving Machines (Looms) from Argentina in 2022:
- India (4.0 units)
- Brazil (3.0 units)
- Pakistan (2.0 units)
- Chile (1.0 units)
- Uruguay (1.0 units)
- United Arab Emirates (1.0 units)
- Mexico (1.0 units)
- Sweden (1.0 units)
- Peru (1.0 units)
- Paraguay (1.0 units)
- Bolivia (1.0 units)
- Spain (1.0 units)
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