Weaving Machines (Looms) Price in Belarus - 2022

Contents:

  1. Weaving Machines (Looms) Price in Belarus (CIF) - 2022
  2. Weaving Machines (Looms) Price in Belarus (FOB) - 2022
  3. Weaving Machines (Looms) Imports in Belarus
  4. Weaving Machines (Looms) Exports in Belarus

Weaving Machines (Looms) Price in Belarus (CIF) - 2022

The average weaving machines (looms) import price stood at $23,703 per unit in 2022, declining by -33.4% against the previous year. Over the period under review, the import price recorded a abrupt contraction. The pace of growth was the most pronounced in 2019 an increase of 82%. The import price peaked at $68,974 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($116,651 per unit), while the price for Latvia ($132 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+2.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Weaving Machines (Looms) Price in Belarus (FOB) - 2022

The average weaving machines (looms) export price stood at $2,157 per unit in 2022, growing by 1.6% against the previous year. Over the period under review, the export price continues to indicate a moderate expansion. The pace of growth appeared the most rapid in 2020 an increase of 94%. The export price peaked at $4,337 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was India ($18,745 per unit), while the average price for exports to Uzbekistan ($995 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 Iran (+1,009.4%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Belarus

In 2022, imports of weaving machines (looms)s into Belarus fell rapidly to 30 units, which is down by -54.5% compared with 2021 figures. Overall, imports saw a precipitous contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 3.1%. Imports peaked at 240 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, weaving machines (looms) imports contracted dramatically to $711K in 2022. Over the period under review, imports faced a precipitous descent. The smallest decline of -22% was in 2021. Imports peaked at $13M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weaving Machines (Looms) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium4,7231,2721,307395-56.3%
Germany1,104551227117-52.7%
Japan1,20031130789.2-58.0%
Taiwan (Chinese)45712913944.1-54.1%
Italy19749.146.713.1-59.5%
Poland6.53.77.910.216.2%
Austria13731.06.78.2-60.9%
China11118.524.28.2-58.0%
South Korea9.414.726.38.2-4.5%
India42.09.56.73.0-58.5%
Russia54.30.83.42.1-66.2%
Lithuania8.42.01.80.5-61.0%
Latvia2.50.60.50.1-65.8%
Others4,83562124512.3-86.3%
Total12,8863,0132,350711-61.9%

Top Suppliers of Weaving Machines (Looms) to Belarus in 2022:

  1. Belgium (7.0 units)
  2. China (6.0 units)
  3. Japan (3.0 units)
  4. Italy (1.0 units)
  5. Taiwan (Chinese) (1.0 units)
  6. India (1.0 units)
  7. Poland (1.0 units)
  8. Lithuania (1.0 units)
  9. Austria (1.0 units)
  10. Latvia (1.0 units)
  11. Germany (1.0 units)
  12. South Korea (1.0 units)
  13. Russia (1.0 units)

Weaving Machines (Looms) Exports in Belarus

In 2022, approx. 189 units of weaving machines (looms)s were exported from Belarus; approximately equating the previous year's figure. Over the period under review, exports, however, showed strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 446%. As a result, the exports reached the peak of 191 units, and then shrank modestly in the following year.

In value terms, weaving machines (looms) exports reached $408K in 2022. In general, exports, however, showed a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 242%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Weaving Machines (Looms) in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia86.513.028828849.3%
India45.146.293.693.727.6%
Uzbekistan6.68.413.913.928.2%
Germany5.05.410.211.632.4%
Others62.445.6N/AN/A-26.9%
Total20611940640825.6%

Top Export Markets for Weaving Machines (Looms) from Belarus in 2022:

  1. Russia (164.0 units)
  2. Uzbekistan (14.0 units)
  3. Germany (6.0 units)
  4. India (5.0 units)

Source: IndexBox Market Intelligence Platform

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