Price for Textile Machinery; Spinning Machines in Brazil - 2023

Contents:

  1. Price for Textile Machinery; Spinning Machines in Brazil (CIF) - 2022
  2. Price for Textile Machinery; Spinning Machines in Brazil (FOB) - 2022
  3. Imports of Textile Machinery; Spinning Machines in Brazil
  4. Exports of Textile Machinery; Spinning Machines in Brazil

Price for Textile Machinery; Spinning Machines in Brazil (CIF) - 2022

In 2022, the average textile machinery; spinning machines import price amounted to $59,455 per unit, rising by 17% against the previous year. Overall, the import price, however, continues to indicate a mild reduction. The pace of growth was the most pronounced in 2017 when the average import price increased by 37%. Over the period under review, average import prices reached the peak figure at $70,321 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 Germany ($109,785 per unit), while the price for China ($20,821 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+20.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Textile Machinery; Spinning Machines in Brazil (FOB) - 2022

In 2022, the average textile machinery; spinning machines export price amounted to $94,746 per unit, picking up by 194% against the previous year. Overall, the export price posted a significant increase. The most prominent rate of growth was recorded in 2013 an increase of 333%. The export price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Argentina ($99,056 per unit), while the average price for exports to Thailand totaled $68,889 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Argentina (+23.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; Spinning Machines in Brazil

After three years of growth, purchases abroad of textile machinery; spinning machineses decreased by -26.5% to 576 units in 2022. Overall, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 47% against the previous year. Over the period under review, imports attained the maximum at 784 units in 2021, and then dropped notably in the following year.

In value terms, textile machinery; spinning machines imports reduced to $34M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +18.7% 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 +67.1% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 54%. Over the period under review, imports attained the maximum at $40M in 2021, and then reduced in the following year.

Import of Textile Machinery; Spinning Machines in Brazil (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany11.314.518.718.417.6%
Czech Republic2.33.56.86.138.4%
Japan2.95.74.34.213.1%
India2.45.63.94.018.6%
China1.50.34.91.4-2.3%
SwitzerlandN/A1.11.3N/A18.2%
Others0.10.80.1N/A0.0%
Total20.531.539.934.218.6%

Top Suppliers of Textile Machinery; Spinning Machines to Brazil in 2022:

  1. India (176.0 units)
  2. Germany (168.0 units)
  3. Japan (100.0 units)
  4. China (69.0 units)
  5. Czech Republic (60.0 units)

Exports of Textile Machinery; Spinning Machines in Brazil

In 2022, approx. 21 units of textile machinery; spinning machineses were exported from Brazil; increasing by 425% on the year before. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, textile machinery; spinning machines exports soared to $2M in 2022. In general, exports recorded a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Textile Machinery; Spinning Machines in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ArgentinaN/AN/AN/A1,7830%
ThailandN/AN/AN/A2070%
Paraguay1.1N/AN/AN/A0%
Colombia9.8N/AN/AN/A0%
GermanyN/AN/A24.7N/A0%
India64.9N/AN/AN/A0%
TurkeyN/AN/A104N/A0%
OthersN/A16.1N/AN/A0%
Total75.816.11291,990197.2%

Top Export Markets for Textile Machinery; Spinning Machines from Brazil in 2022:

  1. Argentina (18.0 units)
  2. Thailand (3.0 units)

Source: IndexBox Market Intelligence Platform

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