Price for Textile Machinery; Spinning Machines in Denmark - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Denmark (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Denmark (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Denmark
- Exports of Textile Machinery; Spinning Machines in Denmark
Price for Textile Machinery; Spinning Machines in Denmark (CIF) - 2022
The average textile machinery; spinning machines import price stood at $689 per unit in 2022, with a decrease of -49% against the previous year. Over the period under review, the import price, however, enjoyed measured growth. The growth pace was the most rapid in 2017 when the average import price increased by 672% against the previous year. As a result, import price attained the peak level of $18,649 per unit. From 2018 to 2022, the average import prices remained at a 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 Japan ($824 per unit), while the price for the United States ($148 per unit) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+84.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in Denmark (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $130 per unit, with a decrease of -64.3% against the previous year. Over the period under review, the export price showed a sharp downturn. The growth pace was the most rapid in 2013 when the average export price increased by 107%. As a result, the export price reached the peak level of $272,621 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($224 per unit), while the average price for exports to Norway stood at $127 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+0.8%).
Imports of Textile Machinery; Spinning Machines in Denmark
In 2022, after three years of growth, there was significant decline in supplies from abroad of textile machinery; spinning machineses, when their volume decreased by -15.6% to 27 units. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +19.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 75% against the previous year. Imports peaked at 32 units in 2021, and then shrank remarkably in the following year.
In value terms, textile machinery; spinning machines imports declined markedly to $19K in 2022. Overall, imports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2021 when imports increased by 130%. As a result, imports attained the peak of $43K, and then shrank significantly in the following year.
Import of Textile Machinery; Spinning Machines in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
New Zealand | 8.5 | 16.2 | 8.9 | 16.4 | 24.5% |
Japan | 1.6 | N/A | N/A | 1.6 | 0.0% |
China | 0.2 | 0.2 | N/A | 0.4 | 26.0% |
United States | N/A | 2.2 | 2.1 | 0.1 | -78.7% |
United Kingdom | N/A | N/A | 2.1 | N/A | 0% |
Canada | N/A | N/A | 29.9 | N/A | 0% |
Others | 0.2 | 0.2 | 0.3 | N/A | 22.5% |
Total | 10.6 | 18.8 | 43.3 | 18.6 | 20.6% |
Top Suppliers of Textile Machinery; Spinning Machines to Denmark in 2022:
- New Zealand (22.0 units)
- Japan (2.0 units)
- China (2.0 units)
- United States (1.0 units)
Exports of Textile Machinery; Spinning Machines in Denmark
For the third year in a row, Denmark recorded growth in shipments abroad of textile machinery; spinning machineses, which increased by 68% to 37 units in 2022. Over the period under review, exports enjoyed significant growth. The growth pace was the most rapid in 2021 when exports increased by 450% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.
In value terms, textile machinery; spinning machines exports reduced dramatically to $4.8K in 2022. In general, exports, however, recorded a precipitous contraction. Over the period under review, the exports reached the peak figure at $21K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.
Export of Textile Machinery; Spinning Machines in Denmark (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
Norway | N/A | N/A | 4.6 | 0% | |
United States | N/A | N/A | 0.2 | 0% | |
Thailand | N/A | 3.2 | N/A | 0% | |
Serbia | N/A | 1.4 | N/A | 0% | |
Iceland | 20.7 | N/A | N/A | 0% | |
Faroe Islands | N/A | 3.4 | N/A | 0% | |
Others | N/A | N/A | N/A | 0% | |
Total | 20.7 | 8.0 | 4.8 | -51.8% |
Top Export Markets for Textile Machinery; Spinning Machines from Denmark in 2022:
- Norway (36.0 units)
- United States (1.0 units)
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