Price for Textile Machinery; Spinning Machines in New Zealand - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in New Zealand (FOB) - 2023
- Price for Textile Machinery; Spinning Machines in New Zealand (CIF) - 2022
- Exports of Textile Machinery; Spinning Machines in New Zealand
- Imports of Textile Machinery; Spinning Machines in New Zealand
Price for Textile Machinery; Spinning Machines in New Zealand (FOB) - 2023
In September 2023, the average textile machinery; spinning machines export price amounted to $144K per unit, almost unchanged from the previous month. In general, the export price, however, recorded a noticeable descent. The pace of growth appeared the most rapid in November 2022 an increase of 69% month-to-month. As a result, the export price attained the peak level of $287K per unit. From December 2022 to September 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($160K per unit), while the average price for exports to India ($91,243 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+1.4%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in New Zealand (CIF) - 2022
The average textile machinery; spinning machines import price stood at $18,381 per unit in 2022, picking up by 3,161% against the previous year. Overall, the import price continues to indicate a moderate increase. The pace of growth was the most pronounced in 2019 an increase of 5,281% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Spain ($26,153 per unit), while the price for the United States stood at $10,608 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Machinery; Spinning Machines in New Zealand
In 2022, textile machinery; spinning machines exports from New Zealand soared to 266 units, with an increase of 80% against 2021. Overall, exports, however, showed a relatively flat trend pattern. The exports peaked at 273 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, textile machinery; spinning machines exports skyrocketed to $2.3M in 2022. Over the period under review, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Textile Machinery; Spinning Machines in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 246 | 372 | 319 | 950 | 56.9% |
Germany | 91.1 | 144 | 123 | 329 | 53.4% |
United Kingdom | 104 | 146 | 123 | 222 | 28.8% |
Austria | 16.7 | 14.3 | 27.9 | 93.1 | 77.3% |
Japan | 45.8 | 27.9 | 45.5 | 80.1 | 20.5% |
Australia | 14.2 | 17.8 | 19.1 | 66.0 | 66.9% |
Switzerland | 14.5 | 9.4 | 16.5 | 35.0 | 34.1% |
Chile | 2.3 | 5.0 | 25.0 | 21.9 | 112.0% |
India | 0.5 | 2.0 | 5.7 | 18.5 | 233.2% |
Spain | 2.9 | 2.5 | 5.3 | 11.1 | 56.4% |
South Africa | 2.5 | 1.6 | 4.5 | 9.6 | 56.6% |
Taiwan (Chinese) | 540 | 0.8 | 1.7 | 6.8 | -76.7% |
Lithuania | 43.0 | 1.9 | 0.7 | 5.2 | -50.5% |
Others | 195 | 257 | 265 | 463 | 33.4% |
Total | 1,319 | 1,002 | 981 | 2,311 | 20.6% |
Top Export Markets for Textile Machinery; Spinning Machines from New Zealand in 2022:
- United States (106.0 units)
- Chile (38.0 units)
- Germany (31.0 units)
- United Kingdom (15.0 units)
- Austria (12.0 units)
- India (6.0 units)
- Switzerland (6.0 units)
- Australia (5.0 units)
- South Africa (4.0 units)
- Japan (4.0 units)
- Spain (4.0 units)
- Lithuania (3.0 units)
- Taiwan (Chinese) (1.0 units)
Imports of Textile Machinery; Spinning Machines in New Zealand
For the third year in a row, New Zealand recorded decline in overseas purchases of textile machinery; spinning machineses, which decreased by -71.4% to 2 units in 2022. In general, imports showed a sharp descent. The smallest decline of -12.5% was in 2021. Imports peaked at 13 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, textile machinery; spinning machines imports surged to $37K in 2022. Over the period under review, imports saw a significant decline. Imports peaked at $86K in 2019; however, from 2020 to 2022, imports remained at a lower figure.
Import of Textile Machinery; Spinning Machines in New Zealand (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Spain | 9.2 | 0.6 | 0.5 | 26.2 | 41.7% |
United States | 0.8 | N/A | N/A | 10.6 | 136.6% |
China | 17.6 | 0.1 | 0.1 | N/A | -92.5% |
United Kingdom | 1.2 | 0.2 | 1.0 | N/A | -8.7% |
India | 0.1 | N/A | N/A | N/A | 0% |
Taiwan (Chinese) | N/A | N/A | N/A | N/A | 0% |
Italy | 55.2 | 3.2 | 2.3 | N/A | -79.6% |
Australia | 1.8 | 0.1 | N/A | N/A | -94.4% |
Others | N/A | 0.1 | N/A | N/A | 0% |
Total | 85.8 | 4.3 | 3.9 | 36.8 | -24.6% |
Top Suppliers of Textile Machinery; Spinning Machines to New Zealand in 2022:
- United States (1.0 units)
- Spain (1.0 units)
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