Weaving Machines (Looms) Price in Thailand - 2023
Contents:
- Weaving Machines (Looms) Price in Thailand (CIF) - 2022
- Weaving Machines (Looms) Price in Thailand (FOB) - 2022
- Weaving Machines (Looms) Imports in Thailand
- Weaving Machines (Looms) Exports in Thailand
Weaving Machines (Looms) Price in Thailand (CIF) - 2022
The average weaving machines (looms) import price stood at $12,622 per unit in 2022, dropping by -5.9% against the previous year. Over the period under review, the import price saw a deep slump. The most prominent rate of growth was recorded in 2013 an increase of 32%. As a result, import price reached the peak level of $116,080 per unit. From 2014 to 2022, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was India ($25,627 per unit), while the price for Taiwan (Chinese) ($7,755 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (-5.6%), while the prices for the other major suppliers experienced a decline.
Weaving Machines (Looms) Price in Thailand (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $12,102 per unit, which is down by -33.5% against the previous year. In general, the export price faced a abrupt downturn. The pace of growth appeared the most rapid in 2018 when the average export price increased by 61% against the previous year. Over the period under review, the average export prices attained the maximum at $69,216 per unit in 2013; however, from 2014 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 Indonesia ($28,490 per unit), while the average price for exports to Lao People's Democratic Republic ($6,272 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 Lao People's Democratic Republic (+25.5%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Thailand
Weaving machines (looms) imports into Thailand contracted to 582 units in 2022, which is down by -6.1% on the year before. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +14.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 62% against the previous year. As a result, imports reached the peak of 620 units, and then contracted in the following year.
In value terms, weaving machines (looms) imports shrank to $7.3M in 2022. Overall, imports saw a abrupt decrease. The growth pace was the most rapid in 2021 when imports increased by 4.6%. Imports peaked at $14M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Weaving Machines (Looms) in Thailand (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 3.8 | 3.0 | 3.5 | 15.0% |
| Switzerland | 0.6 | 0.9 | 1.5 | 1.3 | 29.4% |
| India | 1.5 | 0.1 | 0.7 | 1.0 | -12.6% |
| Taiwan (Chinese) | 1.4 | N/A | 1.1 | 0.4 | -34.1% |
| Japan | 5.2 | 2.5 | 1.6 | 0.4 | -57.5% |
| Others | 3.3 | 0.6 | 0.5 | 0.7 | -40.4% |
| Total | 14.3 | 8.0 | 8.3 | 7.3 | -20.1% |
Top Suppliers of Weaving Machines (Looms) to Thailand in 2022:
- China (393.0 units)
- Switzerland (55.0 units)
- Taiwan (Chinese) (54.0 units)
- India (38.0 units)
- Japan (22.0 units)
Weaving Machines (Looms) Exports in Thailand
In 2022, exports of weaving machines (looms)s from Thailand soared to 532 units, jumping by 239% compared with the previous year. Over the period under review, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) exports soared to $6.4M in 2022. In general, exports saw a resilient increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms) in Thailand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3,253 | 711 | 1,159 | 2,951 | -3.2% |
| Indonesia | 229 | N/A | 238 | 798 | 51.6% |
| Australia | N/A | N/A | 96.5 | 667 | 591.2% |
| China | 16.0 | 90.1 | 432 | 484 | 211.6% |
| United Arab Emirates | 1.5 | N/A | N/A | 265 | 461.1% |
| Bangladesh | 484 | 219 | 49.9 | 253 | -19.4% |
| Netherlands | N/A | N/A | N/A | 253 | 0% |
| Pakistan | 1,120 | 296 | 605 | 219 | -42.0% |
| Lao People's Democratic Republic | 42.8 | 284 | N/A | 100 | 32.7% |
| Others | 130 | 839 | 278 | 449 | 51.2% |
| Total | 5,275 | 2,439 | 2,858 | 6,438 | 6.9% |
Top Export Markets for Weaving Machines (Looms) from Thailand in 2022:
- India (239.0 units)
- Australia (83.0 units)
- United Arab Emirates (42.0 units)
- Indonesia (28.0 units)
- China (28.0 units)
- Bangladesh (25.0 units)
- Pakistan (16.0 units)
- Lao People's Democratic Republic (16.0 units)
- Netherlands (15.0 units)
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