Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador - 2022

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador (CIF) - 2022
  2. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $8,818 per unit, picking up by 45% against the previous year. Overall, the import price, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2020 an increase of 136%. The import price peaked at $27,356 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Switzerland ($49,447 per unit), while the price for Taiwan (Chinese) ($9 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+124.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador

In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Ecuador totaled 25 units, increasing by 14% on the previous year. In general, imports, however, showed a sharp decrease. The growth pace was the most rapid in 2021 with an increase of 83% against the previous year. Imports peaked at 80 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses contracted slightly to $194K in 2022. Overall, imports, however, saw a deep reduction. The growth pace was the most rapid in 2021 when imports increased by 166%. Over the period under review, imports of attained the maximum at $321K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Ecuador (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China12513.855.1121-1.1%
Switzerland17552.752.249.4-34.4%
Italy20.28.812.623.45.0%
United States0.20.2N/A0.1-20.6%
MexicoN/AN/AN/AN/A0%
Taiwan (Chinese)N/AN/AN/AN/A0%
OthersN/AN/A80.7N/A0%
Total32175.6201194-15.5%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Ecuador in 2022:

  1. China (18.0 units)
  2. Italy (3.0 units)
  3. Taiwan (Chinese) (1.0 units)
  4. Mexico (1.0 units)
  5. United States (1.0 units)
  6. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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