Price for Textile Machinery; Spinning Machines in Belarus - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Belarus (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Belarus (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Belarus
- Exports of Textile Machinery; Spinning Machines in Belarus
Price for Textile Machinery; Spinning Machines in Belarus (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $16,637 per unit, increasing by 42% against the previous year. Overall, the import price, however, saw a deep downturn. The pace of growth appeared the most rapid in 2016 when the average import price increased by 113%. Over the period under review, average import prices reached the maximum at $128,165 per unit in 2014; however, from 2015 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 Italy ($17,309 per unit), while the price for Poland ($90 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+5.1%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Belarus (FOB) - 2022
The average textile machinery; spinning machines export price stood at $5,413 per unit in 2022, jumping by 17% against the previous year. In general, the export price showed strong growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 115%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to +12.2% per year.
Imports of Textile Machinery; Spinning Machines in Belarus
After three years of growth, overseas purchases of textile machinery; spinning machineses decreased by -5.7% to 82 units in 2022. Over the period under review, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +41.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 34%. As a result, imports reached the peak of 87 units, and then reduced in the following year.
In value terms, textile machinery; spinning machines imports surged to $1.4M in 2022. In general, imports recorded a abrupt descent. Imports peaked at $2.2M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,431 | 678 | 460 | 669 | -22.4% |
| Italy | 713 | 344 | 274 | 346 | -21.4% |
| Russia | 7.8 | 2.5 | 1.0 | 2.4 | -32.5% |
| Poland | 0.4 | 0.1 | 0.1 | 0.1 | -37.0% |
| Others | N/A | 681 | 287 | 346 | -28.7% |
| Total | 2,152 | 1,706 | 1,023 | 1,364 | -14.1% |
Top Suppliers of Textile Machinery; Spinning Machines to Belarus in 2022:
- Germany (40.0 units)
- Italy (20.0 units)
- Poland (1.0 units)
- Russia (1.0 units)
Exports of Textile Machinery; Spinning Machines in Belarus
In 2022, shipments abroad of textile machinery; spinning machineses decreased by -8.3% to 11 units, falling for the second consecutive year after two years of growth. Over the period under review, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2020 when exports increased by 22%. As a result, the exports attained the peak of 22 units. From 2021 to 2022, the growth of the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports stood at $60K in 2022. Overall, exports recorded a abrupt decline. The exports peaked at $74K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Textile Machinery; Spinning Machines in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 1.9 | 63.8 | 55.3 | 59.5 | 215.2% |
| Peru | 11.9 | N/A | N/A | N/A | 0% |
| United States | 17.5 | N/A | N/A | N/A | 0% |
| Italy | 20.9 | N/A | N/A | N/A | 0% |
| Others | 21.4 | N/A | N/A | N/A | 0% |
| Total | 73.6 | 63.8 | 55.3 | 59.5 | -6.8% |
Top Export Markets for Textile Machinery; Spinning Machines from Belarus in 2022:
- Russia (11.0 units)
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