Weaving Machines (Looms) Price in Slovakia - 2023

Contents:

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

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

In 2022, the average weaving machines (looms) export price amounted to $17,526 per unit, with an increase of 7.1% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. The most prominent rate of growth was recorded in 2020 an increase of 495%. Over the period under review, the average export prices attained the peak figure at $37,895 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($26,232 per unit), while the average price for exports to the Czech Republic ($70 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+65.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average weaving machines (looms) import price stood at $9,396 per unit in 2022, picking up by 639% against the previous year. In general, the import price, however, saw a perceptible decline. The import price peaked at $49,406 per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($33,668 per unit), while the price for Turkey ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+420.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Weaving Machines (Looms) Exports in Slovakia

In 2022, shipments abroad of weaving machines (looms)s decreased by -33.3% to 6 units, falling for the second year in a row after two years of growth. Overall, exports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 1,400% against the previous year. As a result, the exports attained the peak of 15 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, weaving machines (looms) exports declined sharply to $105K in 2022. In general, exports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when exports increased by 8,818%. As a result, the exports reached the peak of $449K. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Weaving Machines (Looms) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
GermanyN/A63.588.810528.6%
PolandN/A0.20.50.20.0%
Czech RepublicN/AN/AN/A0.10%
United KingdomN/AN/A39.8N/A0%
North Macedonia5.0386N/AN/A7620.0%
IndiaN/AN/A18.1N/A0%
OthersN/AN/AN/AN/A0%
Total5.0449147105175.9%

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

  1. Germany (4.0 units)
  2. Poland (1.0 units)
  3. Czech Republic (1.0 units)

Weaving Machines (Looms) Imports in Slovakia

In 2022, purchases abroad of weaving machines (looms)s was finally on the rise to reach 16 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a precipitous shrinkage. Over the period under review, imports reached the peak figure at 70 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, weaving machines (looms) imports soared to $150K in 2022. In general, imports, however, continue to indicate a sharp setback. Over the period under review, imports hit record highs at $3.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Weaving Machines (Looms) in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,3060.40.3101-68.7%
China12513.8N/A19.4-46.3%
SwitzerlandN/A1830.116.3-70.2%
North MacedoniaN/AN/AN/A11.20%
New ZealandN/A0.10.12.4389.9%
FranceN/AN/AN/A0.10%
AustriaN/A0.10.2N/A100.0%
United KingdomN/A362N/AN/A0%
United StatesN/AN/A0.3N/A0%
TurkeyN/AN/AN/AN/A0%
Others26.7N/A12.9N/A-30.5%
Total3,45855914.0150-64.9%

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

  1. North Macedonia (6.0 units)
  2. Germany (3.0 units)
  3. Turkey (1.0 units)
  4. France (1.0 units)
  5. United States (1.0 units)
  6. Austria (1.0 units)
  7. Switzerland (1.0 units)
  8. China (1.0 units)
  9. New Zealand (1.0 units)

Source: IndexBox Market Intelligence Platform

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