Weaving Machines (Looms) Price in Colombia - 2022
Contents:
- Weaving Machines (Looms) Price in Colombia (CIF) - 2022
- Weaving Machines (Looms) Price in Colombia (FOB) - 2022
- Weaving Machines (Looms) Imports in Colombia
- Weaving Machines (Looms) Exports in Colombia
Weaving Machines (Looms) Price in Colombia (CIF) - 2022
The average weaving machines (looms) import price stood at $32,944 per unit in 2022, increasing by 1.6% against the previous year. Over the period under review, the import price recorded a measured increase. The most prominent rate of growth was recorded in 2021 when the average import price increased by 64% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.
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 ($131,242 per unit), while the price for the United States ($1,263 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+35.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Colombia (FOB) - 2022
The average weaving machines (looms) export price stood at $2,098 per unit in 2022, which is down by -67.2% against the previous year. In general, the export price saw a abrupt decline. The growth pace was the most rapid in 2017 an increase of 62%. The export price peaked at $10,239 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Ecuador.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +23.3% per year.
Weaving Machines (Looms) Imports in Colombia
In 2022, imports of weaving machines (looms)s into Colombia soared to 279 units, with an increase of 40% on the previous year. Overall, imports recorded a resilient expansion. The pace of growth was the most pronounced in 2021 with an increase of 44% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, weaving machines (looms) imports skyrocketed to $9.2M in 2022. In general, imports enjoyed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 136% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Weaving Machines (Looms) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 88.1 | 437 | 159 | 2,880 | 219.7% |
| Belgium | N/A | N/A | N/A | 2,132 | 0% |
| Italy | 1,158 | 41.7 | 773 | 1,509 | 9.2% |
| Germany | 169 | N/A | 1,125 | 1,312 | 98.0% |
| China | 142 | 381 | 672 | 1,191 | 103.2% |
| Austria | N/A | 488 | 248 | 166 | -41.7% |
| New Zealand | N/A | N/A | 10.8 | N/A | 0% |
| Switzerland | 287 | 76.8 | 952 | N/A | 82.1% |
| India | 114 | 275 | 11.9 | N/A | -67.7% |
| Brazil | N/A | 68.5 | 34.2 | N/A | -50.1% |
| Others | 1,343 | 966 | 2,469 | 1.3 | -90.1% |
| Total | 3,301 | 2,734 | 6,455 | 9,191 | 40.7% |
Top Suppliers of Weaving Machines (Looms) to Colombia in 2022:
- China (139.0 units)
- Japan (67.0 units)
- Italy (32.0 units)
- Belgium (21.0 units)
- Germany (10.0 units)
- Austria (9.0 units)
Weaving Machines (Looms) Exports in Colombia
In 2022, the amount of weaving machines (looms)s exported from Colombia shrank sharply to 1 units, with a decrease of -95.7% on the previous year. Over the period under review, exports continue to indicate a precipitous descent. The smallest decline of -53.7% was in 2020. Over the period under review, the exports attained the peak figure at 177 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, weaving machines (looms) exports reduced remarkably to $2.1K in 2022. In general, exports continue to indicate a precipitous slump. The smallest decline of -47.2% was in 2020. The exports peaked at $1.6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Weaving Machines (Looms) in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ecuador | 1.2 | N/A | N/A | 2.1 | 20.5% |
| India | 1,268 | 331 | N/A | N/A | -73.9% |
| Mexico | N/A | 14.6 | N/A | N/A | 0% |
| Turkey | 144 | N/A | N/A | N/A | 0% |
| United Arab Emirates | N/A | 317 | N/A | N/A | 0% |
| Singapore | 90.0 | N/A | N/A | N/A | 0% |
| Pakistan | 30.0 | 60.4 | 145 | N/A | 119.8% |
| Brazil | N/A | 117 | N/A | N/A | 0% |
| Others | 56.4 | N/A | 2.1 | N/A | -80.7% |
| Total | 1,590 | 840 | 147 | 2.1 | -89.0% |
Top Export Markets for Weaving Machines (Looms) from Colombia in 2022:
- Ecuador (1.0 units)
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