Price for Textile Machinery; Spinning Machines in Luxembourg - 2022
Contents:
- Price for Textile Machinery; Spinning Machines in Luxembourg (CIF) - 2022
- Imports of Textile Machinery; Spinning Machines in Luxembourg
Price for Textile Machinery; Spinning Machines in Luxembourg (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $175 per unit, increasing by 32% against the previous year. Overall, the import price showed significant growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 6,113%. As a result, import price attained the peak level of $559 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for Germany.
From 2012 to 2022, the rate of growth in terms of prices for China amounted to +222.4% per year.
Imports of Textile Machinery; Spinning Machines in Luxembourg
In 2022, purchases abroad of textile machinery; spinning machineses decreased by -60% to 2 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 6,900% against the previous year. As a result, imports attained the peak of 140 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, textile machinery; spinning machines imports shrank markedly to $350 in 2022. Over the period under review, imports, however, showed significant growth. The growth pace was the most rapid in 2020 when imports increased by 5,242%. As a result, imports attained the peak of $4.5K. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Luxembourg (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 84.0 | 1,959 | 148 | 350 | 60.9% |
| France | N/A | 2,528 | N/A | N/A | 0% |
| Belgium | N/A | N/A | 517 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 84.0 | 4,487 | 665 | 350 | 60.9% |
Top Suppliers of Textile Machinery; Spinning Machines to Luxembourg in 2022:
- Germany (2.0 units)
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