Weaving Machines (Looms) Price in Norway - 2023
Contents:
- Weaving Machines (Looms) Price in Norway (FOB) - 2022
- Weaving Machines (Looms) Price in Norway (CIF) - 2022
- Weaving Machines (Looms) Exports in Norway
- Weaving Machines (Looms) Imports in Norway
Weaving Machines (Looms) Price in Norway (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $46,071 per unit, dropping by -13.1% against the previous year. In general, the export price recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 an increase of 157% against the previous year. Over the period under review, the average export prices hit record highs at $97,849 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($83,722 per unit), while the average price for exports to Bulgaria ($164 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 Israel (+65.1%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Price in Norway (CIF) - 2022
The average weaving machines (looms) import price stood at $433 per unit in 2022, dropping by -48.7% against the previous year. Over the period under review, the import price recorded a precipitous setback. The most prominent rate of growth was recorded in 2014 an increase of 138%. Over the period under review, average import prices hit record highs at $4,688 per unit in 2012; however, from 2013 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 Sweden ($3,563 per unit), while the price for the Czech Republic ($36 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Exports in Norway
In 2022, shipments abroad of weaving machines (looms)s decreased by -15.6% to 27 units, falling for the second consecutive year after two years of growth. In general, exports recorded a deep reduction. The pace of growth was the most pronounced in 2020 when exports increased by 26%. As a result, the exports reached the peak of 43 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, weaving machines (looms) exports fell notably to $1.2M in 2022. Over the period under review, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 8.9% against the previous year. As a result, the exports attained the peak of $2.1M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Weaving Machines (Looms) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 197 | 298 | 143 | 618 | 46.4% |
| Canada | 634 | 34.0 | N/A | 251 | -26.6% |
| Israel | N/A | N/A | 43.8 | 72.4 | 65.3% |
| United Kingdom | 118 | 40.3 | 64.5 | 58.3 | -20.9% |
| Latvia | N/A | N/A | 31.5 | 52.0 | 65.1% |
| Finland | 51.1 | N/A | 99.6 | 51.0 | -0.1% |
| France | N/A | 81.7 | 39.5 | 43.4 | -27.1% |
| Lebanon | N/A | N/A | N/A | 34.8 | 0% |
| Austria | N/A | N/A | 104 | 31.5 | -69.7% |
| Netherlands | 31.4 | 57.1 | 110 | 31.1 | -0.3% |
| Bulgaria | N/A | N/A | N/A | 0.2 | 0% |
| Russia | 509 | 419 | N/A | N/A | -17.7% |
| Others | 350 | 1,129 | 1,060 | N/A | 74.0% |
| Total | 1,891 | 2,059 | 1,696 | 1,244 | -13.0% |
Top Export Markets for Weaving Machines (Looms) from Norway in 2022:
- United States (14.0 units)
- Canada (3.0 units)
- Austria (2.0 units)
- Israel (1.0 units)
- Netherlands (1.0 units)
- Finland (1.0 units)
- Lebanon (1.0 units)
- France (1.0 units)
- United Kingdom (1.0 units)
- Latvia (1.0 units)
- Bulgaria (1.0 units)
Weaving Machines (Looms) Imports in Norway
Weaving machines (looms) imports into Norway surged to 337 units in 2022, picking up by 247% against the previous year's figure. In general, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) imports surged to $146K in 2022. Overall, imports, however, continue to indicate a sharp setback. Over the period under review, imports reached the peak figure at $318K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Weaving Machines (Looms) in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 9.7 | 28.7 | 20.2 | 53.4 | 76.6% |
| New Zealand | 6.5 | 23.6 | 33.5 | 29.1 | 64.8% |
| Spain | N/A | N/A | 0.4 | 11.1 | 2675.0% |
| Italy | 7.9 | N/A | 1.5 | 10.0 | 8.2% |
| United Kingdom | 0.4 | 0.6 | 0.8 | 9.0 | 182.3% |
| Poland | 0.6 | N/A | N/A | 3.4 | 78.3% |
| United States | 4.7 | 1.5 | 2.5 | 1.3 | -34.8% |
| Czech Republic | N/A | N/A | N/A | 0.2 | 0% |
| Belgium | 250 | 0.8 | 1.2 | N/A | -93.1% |
| Others | 38.1 | 28.2 | 21.8 | 28.5 | -9.2% |
| Total | 318 | 83.5 | 81.9 | 146 | -22.9% |
Top Suppliers of Weaving Machines (Looms) to Norway in 2022:
- United Kingdom (168.0 units)
- Netherlands (74.0 units)
- New Zealand (34.0 units)
- Poland (14.0 units)
- Italy (7.0 units)
- Czech Republic (6.0 units)
- Spain (6.0 units)
- United States (5.0 units)
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