Weaving Machines (Looms) Price in Germany - 2023
Contents:
- Weaving Machines (Looms) Price in Germany (FOB) - 2022
- Weaving Machines (Looms) Price in Germany (CIF) - 2022
- Weaving Machines (Looms) Exports in Germany
- Weaving Machines (Looms) Imports in Germany
Weaving Machines (Looms) Price in Germany (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $38,440 per unit, surging by 13% against the previous year. In general, the export price enjoyed a mild increase. The most prominent rate of growth was recorded in 2015 an increase of 41% against the previous year. The export price peaked at $77,762 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($101,461 per unit), while the average price for exports to Pakistan ($7,241 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 Romania (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Price in Germany (CIF) - 2022
The average weaving machines (looms) import price stood at $51,255 per unit in 2022, waning by -2.1% against the previous year. In general, the import price, however, recorded a perceptible increase. The growth pace was the most rapid in 2020 when the average import price increased by 66% against the previous year. Over the period under review, average import prices reached the peak figure at $52,352 per unit in 2021, and then fell modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($108,818 per unit), while the price for Turkey ($8,581 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+20.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Exports in Germany
In 2022, shipments abroad of weaving machines (looms)s decreased by -34.9% to 2.3K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 112% against the previous year. Over the period under review, the exports reached the maximum at 3.5K units in 2021, and then declined sharply in the following year.
In value terms, weaving machines (looms) exports contracted significantly to $87M in 2022. In general, total exports indicated a moderate expansion from 2019 to 2022: its value increased at an average annual rate of +3.4% 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 increased by +10.6% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 40%. As a result, the exports attained the peak of $118M, and then declined remarkably in the following year.
| Export of Weaving Machines (Looms) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 15.3 | 25.0 | 32.4 | 26.7 | 20.4% |
| Egypt | 3.6 | 0.9 | 5.8 | 6.9 | 24.2% |
| Turkey | 3.4 | 25.7 | 28.9 | 5.8 | 19.5% |
| United States | 6.0 | 3.1 | 2.0 | 5.7 | -1.7% |
| Italy | 6.1 | 2.8 | 4.0 | 5.6 | -2.8% |
| Uzbekistan | N/A | 0.3 | N/A | 5.0 | 308.2% |
| France | 4.9 | 2.6 | 2.9 | 4.1 | -5.8% |
| Romania | N/A | N/A | 2.0 | 2.7 | 35.0% |
| India | 2.3 | 2.1 | 2.7 | 2.1 | -3.0% |
| Mexico | 2.0 | 2.0 | 3.1 | 1.8 | -3.5% |
| Jordan | N/A | N/A | N/A | 1.5 | 0% |
| Pakistan | 2.2 | 2.3 | 2.2 | 0.7 | -31.7% |
| Bangladesh | 0.8 | 1.3 | 1.5 | 0.7 | -4.4% |
| Others | 31.9 | 16.5 | 30.7 | 17.4 | -18.3% |
| Total | 78.4 | 84.4 | 118 | 86.7 | 3.4% |
Top Export Markets for Weaving Machines (Looms) from Germany in 2022:
- China (519.0 units)
- Egypt (306.0 units)
- Uzbekistan (266.0 units)
- Turkey (149.0 units)
- United States (149.0 units)
- India (131.0 units)
- Pakistan (97.0 units)
- Italy (86.0 units)
- Jordan (48.0 units)
- Romania (45.0 units)
- Bangladesh (42.0 units)
- France (40.0 units)
- Mexico (39.0 units)
Weaving Machines (Looms) Imports in Germany
In 2022, purchases abroad of weaving machines (looms)s increased by 2.2% to 325 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a deep setback. Imports peaked at 554 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, weaving machines (looms) imports reached $17M in 2022. The total import value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Weaving Machines (Looms) in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 7.0 | 9.1 | 9.9 | 11.0 | 16.3% |
| Belgium | 3.0 | 1.4 | 1.7 | 2.7 | -3.5% |
| Italy | 1.5 | 0.3 | 3.0 | 1.5 | 0.0% |
| Turkey | N/A | N/A | 0.3 | 0.3 | 0.0% |
| Mexico | N/A | N/A | N/A | 0.2 | 0% |
| India | N/A | 0.1 | 0.1 | 0.2 | 41.4% |
| United Arab Emirates | N/A | N/A | N/A | 0.1 | 0% |
| China | 0.3 | 0.5 | 0.1 | 0.1 | -30.7% |
| Others | 0.9 | 2.6 | 1.3 | 0.7 | -8.0% |
| Total | 12.7 | 13.9 | 16.6 | 16.7 | 9.6% |
Top Suppliers of Weaving Machines (Looms) to Germany in 2022:
- Switzerland (101.0 units)
- Belgium (84.0 units)
- Italy (54.0 units)
- Turkey (36.0 units)
- Mexico (15.0 units)
- India (11.0 units)
- United Arab Emirates (5.0 units)
- China (3.0 units)
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