Price for Textile Machinery; Spinning Machines in Portugal - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Portugal (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Portugal (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Portugal
- Exports of Textile Machinery; Spinning Machines in Portugal
Price for Textile Machinery; Spinning Machines in Portugal (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $8,457 per unit, growing by 150% against the previous year. In general, the import price, however, continues to indicate a precipitous descent. The import price peaked at $216,055 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 India ($70,344 per unit), while the price for Germany amounted to $7,058 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+25.2%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Portugal (FOB) - 2022
The average textile machinery; spinning machines export price stood at $11,039 per unit in 2022, picking up by 75% against the previous year. Overall, the export price posted resilient growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 200%. The export price peaked at $19,349 per unit in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($17,987 per unit), while the average price for exports to Angola ($8 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 Germany (+27.9%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Machinery; Spinning Machines in Portugal
After three years of growth, supplies from abroad of textile machinery; spinning machineses decreased by -56.3% to 285 units in 2022. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 193%. Over the period under review, imports reached the maximum at 652 units in 2021, and then shrank sharply in the following year.
In value terms, textile machinery; spinning machines imports rose rapidly to $2.4M in 2022. Over the period under review, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 44% against the previous year. As a result, imports reached the peak of $4.7M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Textile Machinery; Spinning Machines in Portugal (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1.7 | 4.7 | 1.8 | 1.9 | 3.8% |
| India | 1.6 | N/A | N/A | 0.4 | -37.0% |
| China | N/A | N/A | 0.3 | N/A | 0% |
| Netherlands | N/A | N/A | 0.1 | N/A | 0% |
| Others | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Total | 3.3 | 4.7 | 2.2 | 2.4 | -10.1% |
Top Suppliers of Textile Machinery; Spinning Machines to Portugal in 2022:
- Germany (276.0 units)
- India (5.0 units)
Exports of Textile Machinery; Spinning Machines in Portugal
For the third year in a row, Portugal recorded decline in overseas shipments of textile machinery; spinning machineses, which decreased by -76.9% to 6 units in 2022. In general, exports faced a dramatic descent. The smallest decline of -21.2% was in 2021. The exports peaked at 76 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports dropped notably to $66K in 2022. Overall, exports continue to indicate a dramatic setback. The pace of growth appeared the most rapid in 2020 when exports increased by 30%. As a result, the exports reached the peak of $433K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Textile Machinery; Spinning Machines in Portugal (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 13.6 | N/A | N/A | 25.1 | 22.7% |
| Israel | N/A | N/A | N/A | 23.2 | 0% |
| Brazil | N/A | 306 | 5.8 | 18.0 | -75.7% |
| Germany | 263 | N/A | N/A | N/A | 0% |
| Argentina | N/A | 127 | 53.9 | N/A | -57.6% |
| Angola | N/A | N/A | N/A | N/A | 0% |
| Mozambique | 39.1 | N/A | N/A | N/A | 0% |
| Italy | 16.7 | N/A | 19.3 | N/A | 7.5% |
| Pakistan | N/A | N/A | 85.4 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 332 | 433 | 164 | 66.2 | -41.6% |
Top Export Markets for Textile Machinery; Spinning Machines from Portugal in 2022:
- Egypt (2.0 units)
- Israel (2.0 units)
- Brazil (1.0 units)
- Angola (1.0 units)
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