Weaving Machines (Looms) Price in Mexico - 2023

Contents:

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

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

The average weaving machines (looms) import price stood at $46,960 per unit in 2022, with a decrease of -20.1% against the previous year. Overall, the import price, however, posted prominent growth. The growth pace was the most rapid in 2014 an increase of 78% against the previous year. Over the period under review, average import prices reached the peak figure at $84,207 per unit in 2020; however, from 2021 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 ($142,059 per unit), while the price for China stood at $34,567 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+28.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average weaving machines (looms) export price amounted to $13,942 per unit, jumping by 102% against the previous year. Overall, the export price recorded significant growth. The growth pace was the most rapid in 2018 when the average export price increased by 152% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($58,359 per unit), while the average price for exports to Ecuador ($13 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 the United Arab Emirates (+1,164.6%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Mexico

In 2022, the amount of weaving machines (looms)s imported into Mexico reduced markedly to 35 units, falling by -42.6% compared with the previous year. Overall, imports saw a precipitous descent. Over the period under review, imports reached the maximum at 357 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, weaving machines (looms) imports dropped markedly to $1.6M in 2022. In general, imports showed a dramatic setback. The smallest decline of -52.2% was in 2020. Over the period under review, imports attained the maximum at $24M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Weaving Machines (Looms) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,349742187933-11.6%
Italy1,718204195710-25.5%
Germany4,3021,14913.3N/A-94.4%
Japan3,719997101N/A-83.5%
Belgium1,9422,195492N/A-49.7%
Austria315147286N/A-4.7%
United States82510.5322N/A-37.5%
France726660166N/A-52.2%
India925664112N/A-65.2%
Brazil2651150.6N/A-95.2%
Others8,2084,7371,711N/A-54.3%
Total24,29411,6213,5841,644-59.2%

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

  1. China (27.0 units)
  2. Italy (5.0 units)

Weaving Machines (Looms) Exports in Mexico

In 2022, the amount of weaving machines (looms)s exported from Mexico surged to 128 units, increasing by 117% against 2021 figures. Over the period under review, exports, however, saw a slight slump. Over the period under review, the exports attained the maximum at 151 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, weaving machines (looms) exports skyrocketed to $1.8M in 2022. In general, exports recorded a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Weaving Machines (Looms) in Mexico (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India36824171.175727.2%
Pakistan42757024970017.9%
Spain47.524.814.440.4-5.3%
Colombia7.329.212.735.970.1%
Costa Rica10.413.57.822.028.4%
Chile6.96.02.77.73.7%
United States20.531.14.71.6-57.3%
Others17639545.12207.7%
Total1,0641,3104071,78518.8%

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

  1. Colombia (44.0 units)
  2. India (29.0 units)
  3. Spain (24.0 units)
  4. Pakistan (12.0 units)
  5. Costa Rica (3.0 units)
  6. United States (1.0 units)
  7. Chile (1.0 units)

Source: IndexBox Market Intelligence Platform

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