Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India - 2023
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (FOB) - 2022
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $5,385 per unit in 2022, with a decrease of -41.7% against the previous year. Overall, the import price faced a abrupt slump. The pace of growth appeared the most rapid in 2016 an increase of 39% against the previous year. Over the period under review, average import prices reached the peak figure at $46,257 per unit in 2018; however, from 2019 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 ($65,489 per unit), while the price for the United States ($1,907 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.7%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (FOB) - 2022
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $6,832 per unit in 2022, surging by 56% against the previous year. Over the period under review, the export price saw prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 232%. Over the period under review, the average export prices hit record highs at $16,904 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($54,907 per unit), while the average price for exports to Saudi Arabia ($1,071 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 Argentina (+36.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India
For the fourth consecutive year, India recorded growth in supplies from abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses, which increased by 315% to 27K units in 2022. Overall, imports showed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses skyrocketed to $146M in 2022. In general, imports recorded a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 27.1 | 22.4 | 22.9 | 62.3 | 32.0% |
| Germany | 9.9 | 2.2 | 31.9 | 28.4 | 42.1% |
| Netherlands | 0.2 | 0.1 | 0.1 | 18.4 | 351.4% |
| Others | 14.1 | 2.8 | 5.4 | 36.7 | 37.6% |
| Total | 51.3 | 27.7 | 60.3 | 146 | 41.7% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to India in 2022:
- China (24.9K units)
- Netherlands (1.0K units)
- Germany (0.4K units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India
In 2022, shipments abroad of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -1.9% to 3.1K units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, showed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 269%. The exports peaked at 3.1K units in 2021, and then contracted modestly in the following year.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $21M in 2022. In general, exports, however, showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 231% against the previous year. Over the period under review, the exports of reached the maximum in 2022 and are likely to continue growth in years to come.
| Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in India (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | N/A | 1.2 | 9.0 | 7.1 | 143.2% |
| Bangladesh | 1.7 | 0.4 | 0.8 | 5.8 | 50.5% |
| Malaysia | N/A | N/A | N/A | 2.3 | 0% |
| United Arab Emirates | N/A | N/A | 0.8 | 2.0 | 150.0% |
| Guatemala | 0.2 | N/A | N/A | 0.5 | 35.7% |
| Honduras | N/A | N/A | N/A | 0.4 | 0% |
| Ethiopia | N/A | N/A | 0.2 | 0.2 | 0.0% |
| Argentina | N/A | 0.5 | 1.3 | 0.1 | -55.3% |
| Nepal | N/A | 0.1 | 0.1 | N/A | 0.0% |
| Others | 3.3 | 1.9 | 1.6 | 2.7 | -6.5% |
| Total | 5.2 | 4.1 | 13.7 | 21.0 | 59.2% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from India in 2022:
- Turkey (1476.0 units)
- Malaysia (470.0 units)
- United Arab Emirates (359.0 units)
- Bangladesh (248.0 units)
- Guatemala (106.0 units)
- Ethiopia (103.0 units)
- Honduras (74.0 units)
- Nepal (33.0 units)
- Argentina (2.0 units)
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