Price for Textile Machinery; Spinning Machines in Colombia - 2022

Contents:

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

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

The average textile machinery; spinning machines import price stood at $11,726 per unit in 2022, which is down by -14% against the previous year. In general, the import price recorded a abrupt decline. The most prominent rate of growth was recorded in 2019 when the average import price increased by 125%. Over the period under review, average import prices attained the peak figure at $27,196 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 India ($54,840 per unit), while the price for China ($422 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+13.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average textile machinery; spinning machines export price amounted to $465 per unit, falling by -44.7% against the previous year. Overall, the export price, however, posted significant growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 12,109% against the previous year. The export price peaked at $6,655 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($1,703 per unit), while the average price for exports to Ecuador ($12 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 (+55.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Machinery; Spinning Machines in Colombia

In 2022, textile machinery; spinning machines imports into Colombia skyrocketed to 42 units, jumping by 180% on 2021. In general, imports, however, recorded a perceptible setback. Over the period under review, imports reached the maximum at 74 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, textile machinery; spinning machines imports soared to $492K in 2022. Over the period under review, imports saw a resilient increase. Imports peaked at $780K in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Import of Textile Machinery; Spinning Machines in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India2525771653299.3%
United States2.53.80.172.0206.5%
Germany63.211714.048.3-8.6%
Austria10.515.315.326.436.0%
Japan13.028.85.57.6-16.4%
Italy3.41.02.23.94.7%
Brazil2.26.31.62.99.6%
China17.220.70.51.3-57.7%
Mexico1.22.70.50.7-16.4%
PeruN/A6.1N/AN/A0%
Others0.51.7N/A0.3-15.7%
Total36678020549210.4%

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

  1. United States (17.0 units)
  2. Italy (8.0 units)
  3. India (6.0 units)
  4. China (3.0 units)
  5. Germany (3.0 units)
  6. Brazil (1.0 units)
  7. Mexico (1.0 units)
  8. Japan (1.0 units)
  9. Austria (1.0 units)

Exports of Textile Machinery; Spinning Machines in Colombia

For the third consecutive year, Colombia recorded decline in shipments abroad of textile machinery; spinning machineses, which decreased by 0% to 6 units in 2022. Overall, exports faced a precipitous curtailment. The smallest decline of -25% was in 2021. The exports peaked at 22 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile machinery; spinning machines exports dropped significantly to $2.8K in 2022. Over the period under review, exports faced a precipitous descent. The pace of growth appeared the most rapid in 2021 with an increase of 843% against the previous year. Over the period under review, the exports reached the maximum at $146K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Textile Machinery; Spinning Machines in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Peru78.30.43.31.7-72.1%
Mexico22.70.11.00.5-72.0%
India7.7N/A0.50.4-62.7%
Pakistan5.4N/A0.20.1-73.5%
Italy3.7N/A0.20.1-70.0%
Ecuador0.4N/AN/AN/A0%
GuatemalaN/AN/AN/AN/A0%
Bangladesh28.3N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total1460.55.12.8-73.2%

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

  1. Pakistan (1.0 units)
  2. Italy (1.0 units)
  3. Mexico (1.0 units)
  4. India (1.0 units)
  5. Peru (1.0 units)
  6. Ecuador (1.0 units)

Source: IndexBox Market Intelligence Platform

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