Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India - 2023
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (CIF) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (FOB) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $4,288 per unit in 2022, rising by 14% against the previous year. In general, the import price, however, showed a abrupt downturn. The growth pace was the most rapid in 2021 when the average import price increased by 185%. The import price peaked at $20,235 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Belgium ($21,931 per unit), while the price for Germany ($6 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+0.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (FOB) - 2022
In 2022, the average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $325 per unit, falling by -95% against the previous year. Over the period under review, the export price saw a deep setback. The growth pace was the most rapid in 2018 an increase of 630% against the previous year. The export price peaked at $6,551 per unit in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($4,570 per unit), while the average price for exports to Angola ($1.2 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 Mexico (+9.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India
In 2022, approx. 2.5K units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were imported into India; growing by 53% compared with 2021. Overall, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 143% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $11M in 2022. Over the period under review, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2,689 | 1,600 | 3,962 | 6,744 | 35.9% |
| South Korea | 50.2 | 62.8 | 71.6 | 1,656 | 220.7% |
| Taiwan (Chinese) | 311 | 230 | 281 | 627 | 26.3% |
| Spain | 156 | 77.1 | 218 | 216 | 11.5% |
| Switzerland | 213 | 345 | 22.6 | 188 | -4.1% |
| United States | 292 | 279 | 361 | 154 | -19.2% |
| Turkey | 144 | 61.8 | 154 | 145 | 0.2% |
| Italy | 1,638 | 264 | 777 | 36.2 | -71.9% |
| Others | 895 | 770 | 314 | 831 | -2.4% |
| Total | 6,387 | 3,690 | 6,161 | 10,596 | 18.4% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to India in 2022:
- China (2034.0 units)
- South Korea (141.0 units)
- Taiwan (Chinese) (88.0 units)
- Spain (51.0 units)
- Switzerland (41.0 units)
- Turkey (39.0 units)
- United States (25.0 units)
- Italy (2.0 units)
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India
Exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses from India soared to 3.7K units in 2022, jumping by 305% compared with the previous year's figure. Overall, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $1.7M in 2022. In general, total exports indicated moderate growth from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.1% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 50% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in India (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bangladesh | 590 | 123 | 122 | 237 | -26.2% |
| Mexico | 101 | 71.5 | 151 | 134 | 9.9% |
| Japan | N/A | N/A | 30.4 | 116 | 281.6% |
| United Arab Emirates | 5.6 | 31.3 | 65.0 | 80.6 | 143.2% |
| Brazil | 477 | 206 | 241 | 75.0 | -46.0% |
| Nepal | 47.5 | 79.3 | 37.6 | 54.7 | 4.8% |
| South Africa | 0.3 | 13.7 | 20.9 | 33.3 | 380.6% |
| Sri Lanka | 1.2 | 28.6 | 13.4 | 14.2 | 127.9% |
| Angola | N/A | N/A | 15.4 | 2.9 | -81.2% |
| Morocco | N/A | N/A | 85.1 | 0.8 | -99.1% |
| Chad | N/A | 5.4 | 2.1 | N/A | -61.1% |
| Others | 247 | 509 | 815 | 908 | 54.3% |
| Total | 1,469 | 1,068 | 1,599 | 1,656 | 4.1% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from India in 2022:
- Angola (2415.0 units)
- United Arab Emirates (151.0 units)
- Japan (121.0 units)
- Mexico (86.0 units)
- Bangladesh (82.0 units)
- Nepal (82.0 units)
- Morocco (82.0 units)
- South Africa (72.0 units)
- Brazil (56.0 units)
- Sri Lanka (45.0 units)
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