Weaving Machines (Looms) Price in Hong Kong SAR - 2023
Contents:
- Weaving Machines (Looms) Price in Hong Kong SAR (CIF) - 2022
- Weaving Machines (Looms) Price in Hong Kong SAR (FOB) - 2022
- Weaving Machines (Looms) Imports in Hong Kong SAR
- Weaving Machines (Looms) Exports in Hong Kong SAR
Weaving Machines (Looms) Price in Hong Kong SAR (CIF) - 2022
The average weaving machines (looms) import price stood at $15,255 per unit in 2022, declining by -7.5% against the previous year. Over the period under review, the import price, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 126% against the previous year. Over the period under review, average import prices reached the maximum at $26,129 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
As there is only one major supplying country, the average price level is determined by prices for Switzerland.
From 2012 to 2022, the rate of growth in terms of prices for the UK amounted to +79.9% per year.
Weaving Machines (Looms) Price in Hong Kong SAR (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $89,180 per unit, with an increase of 1,163% against the previous year. Overall, the export price saw a buoyant expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Indonesia.
From 2012 to 2022, the rate of growth in terms of prices for Indonesia amounted to +14.8% per year.
Weaving Machines (Looms) Imports in Hong Kong SAR
Weaving machines (looms) imports into Hong Kong SAR contracted notably to 25 units in 2022, waning by -85.8% on 2021 figures. Over the period under review, imports saw a dramatic setback. The pace of growth was the most pronounced in 2021 when imports increased by 468% against the previous year. As a result, imports attained the peak of 176 units, and then dropped sharply in the following year.
In value terms, weaving machines (looms) imports fell remarkably to $381K in 2022. In general, imports continue to indicate a sharp downturn. The pace of growth appeared the most rapid in 2021 with an increase of 261%. As a result, imports reached the peak of $2.9M, and then shrank remarkably in the following year.
Import of Weaving Machines (Looms) in Hong Kong SAR (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Switzerland | 1,077 | N/A | 2,904 | 381 | -29.3% |
China | 314 | 47.6 | N/A | N/A | -84.8% |
Germany | 330 | N/A | N/A | N/A | 0% |
Indonesia | N/A | 547 | N/A | N/A | 0% |
Others | N/A | 210 | N/A | N/A | 0% |
Total | 1,721 | 804 | 2,904 | 381 | -39.5% |
Top Suppliers of Weaving Machines (Looms) to Hong Kong SAR in 2022:
- Switzerland (25.0 units)
Weaving Machines (Looms) Exports in Hong Kong SAR
In 2022, shipments abroad of weaving machines (looms)s decreased by -99.7% to 2 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 42%. As a result, the exports reached the peak of 590 units, and then declined dramatically in the following year.
In value terms, weaving machines (looms) exports shrank dramatically to $178K in 2022. In general, exports saw a sharp decrease. The smallest decline of -6.7% was in 2020. Over the period under review, the exports attained the maximum at $4.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Weaving Machines (Looms) in Hong Kong SAR (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Indonesia | N/A | N/A | N/A | 0.2 | 0% |
China | 2.8 | 4.5 | 0.7 | N/A | -50.0% |
Vietnam | 2.0 | N/A | 2.8 | N/A | 18.3% |
Pakistan | N/A | N/A | 0.6 | N/A | 0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 4.8 | 4.5 | 4.2 | 0.2 | -65.3% |
Top Export Markets for Weaving Machines (Looms) from Hong Kong SAR in 2022:
- Indonesia (2.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Hong Kong SAR, China.
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.
In value terms, weaving machines imports totaled $X in 2016. Overall, weaving machines imports continue to indicate a measured descent. Over the period under review, global weaving machines imports...
In value terms, machinery for manufacture and finishing felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
In value terms, machinery for washing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
In value terms, machinery for preparing, tanning and working hides imports stood at $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value increased at ...
In value terms, office machines imports totaled $X in 2016. In general, office machines imports continue to indicate a slight deduction. In that year, global office machines imports attained its ma...
In value terms, weaving machines exports stood at $X in 2016. In general, weaving machines exports continue to indicate a slight descent. Over the period under review, global weaving machines expor...
In value terms, machinery for manufacture and finishing felt exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; h...
In value terms, machinery for washing exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
In value terms, machinery for preparing, tanning and working hides exports stood at $X in 2016. Overall, it indicated a moderate expansion from 2007 to 2016: the total exports value increased at an a...