Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Turkey - 2024

Contents:

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

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

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $22,498 per unit, with a decrease of -34% against the previous year. Over the period under review, the import price saw a abrupt descent. The growth pace was the most rapid in 2021 when the average import price increased by 154%. Over the period under review, average import prices attained the peak figure at $46,179 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($130,203 per unit), while the price for South Korea ($9,914 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $10,201 per unit, surging by 90% against the previous year. Overall, the export price enjoyed a pronounced increase. The growth pace was the most rapid in 2014 an increase of 134%. Over the period under review, the average export prices attained the maximum at $15,019 per unit in 2019; however, from 2020 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 Russia ($30,431 per unit), while the average price for exports to Egypt ($235 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 Turkmenistan (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Turkey surged to 378 units, growing by 20% against the previous year. Overall, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +17.2% 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 +77.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 47% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses declined notably to $8.5M in 2022. In general, imports showed buoyant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 237% against the previous year. As a result, imports reached the peak of $11M, and then contracted sharply in the following year.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Turkey (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland4.11.67.84.96.1%
China1.11.32.53.141.3%
South KoreaN/A0.20.20.441.4%
IndiaN/AN/A0.10.10.0%
Germany0.4N/AN/AN/A0%
Others0.2N/AN/AN/A0%
Total5.83.210.78.513.6%

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

  1. China (294.0 units)
  2. Switzerland (38.0 units)
  3. South Korea (37.0 units)
  4. India (7.0 units)

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

In 2022, approx. 284 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were exported from Turkey; jumping by 255% on 2021. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 300%. The exports peaked in 2022 and are likely to continue growth in the near future.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses skyrocketed to $1M in 2022. Over the period under review, exports, however, recorded a perceptible decrease. Over the period under review, the exports of reached the peak figure at $1.1M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Turkey (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia18823021.657845.4%
AlgeriaN/AN/AN/A1100%
Bulgaria3.8N/A31.9102199.4%
Uzbekistan45520.575.488.9-42.0%
EgyptN/AN/A0.144.844700.0%
BelarusN/AN/AN/A17.00%
Romania320N/A5.615.3-63.7%
Syrian Arab RepublicN/AN/AN/A4.40%
IranN/A6.51402.5-38.0%
Others1750.690.277.2-23.9%
Total1,1412583651,041-3.0%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Turkey in 2022:

  1. Egypt (191.0 units)
  2. Uzbekistan (21.0 units)
  3. Russia (19.0 units)
  4. Algeria (10.0 units)
  5. Belarus (9.0 units)
  6. Bulgaria (9.0 units)
  7. Syrian Arab Republic (5.0 units)
  8. Romania (2.0 units)
  9. Iran (1.0 units)

Source: IndexBox Market Intelligence Platform

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