Price for Textile Machinery; Spinning Machines in Indonesia - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Indonesia (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Indonesia (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Indonesia
- Exports of Textile Machinery; Spinning Machines in Indonesia
Price for Textile Machinery; Spinning Machines in Indonesia (CIF) - 2022
The average textile machinery; spinning machines import price stood at $5,242 per unit in 2022, waning by -32.6% against the previous year. Over the period under review, the import price saw a deep slump. The pace of growth was the most pronounced in 2017 an increase of 38%. Over the period under review, average import prices hit record highs at $11,542 per unit in 2012; however, from 2013 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 China ($12,689 per unit), while the price for the Netherlands ($2,290 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+5.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Textile Machinery; Spinning Machines in Indonesia (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $13,126 per unit, dropping by -3.5% against the previous year. In general, the export price recorded a mild descent. The pace of growth appeared the most rapid in 2014 an increase of 190%. Over the period under review, the average export prices reached the maximum at $19,584 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($20,814 per unit), while the average price for exports to the Netherlands ($289 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 Thailand (+12.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; Spinning Machines in Indonesia
In 2022, approx. 2.2K units of textile machinery; spinning machineses were imported into Indonesia; increasing by 35% on the year before. Overall, imports, however, recorded a deep slump. Imports peaked at 3.6K units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, textile machinery; spinning machines imports fell to $12M in 2022. Over the period under review, imports, however, saw a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 45%. Over the period under review, imports reached the peak figure at $28M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Textile Machinery; Spinning Machines in Indonesia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 3.6 | 0.8 | 1.9 | 5.3 | 13.8% |
| China | 14.9 | 0.8 | 4.2 | 3.0 | -41.4% |
| Italy | 0.1 | 1.1 | 1.1 | 0.5 | 71.0% |
| Japan | 2.2 | 3.0 | 1.2 | 0.5 | -39.0% |
| Spain | 0.6 | 0.6 | 0.7 | 0.4 | -12.6% |
| Australia | 0.7 | 0.6 | 0.6 | 0.3 | -24.6% |
| Germany | 1.3 | 0.6 | 0.1 | 0.3 | -38.7% |
| Switzerland | 1.7 | N/A | 0.1 | 0.3 | -43.9% |
| Netherlands | 0.5 | 0.4 | 0.4 | 0.2 | -26.3% |
| Others | 2.2 | 0.8 | 2.4 | 0.8 | -28.6% |
| Total | 27.9 | 8.8 | 12.8 | 11.6 | -25.4% |
Top Suppliers of Textile Machinery; Spinning Machines to Indonesia in 2022:
- India (1401.0 units)
- China (235.0 units)
- Italy (106.0 units)
- Netherlands (96.0 units)
- Spain (86.0 units)
- Australia (65.0 units)
- Germany (60.0 units)
- Switzerland (51.0 units)
- Japan (8.0 units)
Exports of Textile Machinery; Spinning Machines in Indonesia
In 2022, the amount of textile machinery; spinning machineses exported from Indonesia stood at 50 units, growing by 2% compared with 2021. Overall, total exports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +51.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 48% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, textile machinery; spinning machines exports contracted slightly to $656K in 2022. The total export value increased at an average annual rate of +1.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 when exports increased by 3.1% against the previous year. As a result, the exports attained the peak of $666K, and then declined in the following year.
| Export of Textile Machinery; Spinning Machines in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Vietnam | 186 | 209 | 226 | 233 | 7.8% |
| Thailand | 170 | 174 | 171 | 160 | -2.0% |
| Bangladesh | 172 | 165 | 153 | 135 | -7.8% |
| Pakistan | 49.6 | 55.8 | 60.4 | 62.1 | 7.8% |
| South Korea | 17.4 | 19.3 | 20.5 | 20.8 | 6.1% |
| India | 7.0 | 4.1 | 19.0 | 15.3 | 29.8% |
| Malaysia | 12.8 | 6.0 | N/A | 4.6 | -28.9% |
| Netherlands | N/A | N/A | N/A | 0.3 | 0% |
| Others | 11.5 | 12.6 | 15.7 | 25.1 | 29.7% |
| Total | 627 | 646 | 666 | 656 | 1.5% |
Top Export Markets for Textile Machinery; Spinning Machines from Indonesia in 2022:
- Bangladesh (21.0 units)
- Vietnam (12.0 units)
- Thailand (8.0 units)
- Pakistan (3.0 units)
- Netherlands (1.0 units)
- India (1.0 units)
- Malaysia (1.0 units)
- South Korea (1.0 units)
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