Price for Textile Machinery; Spinning Machines in Romania - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Romania (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Romania (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Romania
- Exports of Textile Machinery; Spinning Machines in Romania
Price for Textile Machinery; Spinning Machines in Romania (CIF) - 2022
In 2022, the average textile machinery; spinning machines import price amounted to $6,060 per unit, declining by -68.8% against the previous year. In general, the import price saw a deep downturn. The growth pace was the most rapid in 2021 when the average import price increased by 489%. The import price peaked at $39,348 per unit in 2016; however, from 2017 to 2022, 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 Italy ($18,568 per unit), while the price for Luxembourg ($1 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+69.4%), while the prices for the other major suppliers experienced a decline.
Price for Textile Machinery; Spinning Machines in Romania (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $4,978 per unit, remaining stable against the previous year. Over the period under review, the export price saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 519%. Over the period under review, the average export prices attained the peak figure at $38,462 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Pakistan ($7,170 per unit), while the average price for exports to France ($975 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 China (+89.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Textile Machinery; Spinning Machines in Romania
After three years of growth, purchases abroad of textile machinery; spinning machineses decreased by -96% to 10 units in 2022. In general, imports, however, showed prominent growth. The growth pace was the most rapid in 2020 when imports increased by 2,238% against the previous year. Over the period under review, imports reached the maximum at 251 units in 2021, and then contracted remarkably in the following year.
In value terms, textile machinery; spinning machines imports shrank sharply to $61K in 2022. Overall, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by 690%. As a result, imports reached the peak of $4.9M, and then shrank significantly in the following year.
| Import of Textile Machinery; Spinning Machines in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 84.9 | 537 | 272 | 55.7 | -13.1% |
| France | 0.5 | 1.2 | N/A | 4.9 | 114.0% |
| Russia | N/A | 7.5 | N/A | N/A | 0% |
| China | 0.7 | 7.4 | N/A | N/A | 957.1% |
| Switzerland | N/A | 63.6 | 4,599 | N/A | 7131.1% |
| Germany | 16.3 | N/A | N/A | N/A | 0% |
| Luxembourg | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | N/A | N/A | N/A | 0% |
| Total | 103 | 616 | 4,871 | 60.6 | -16.2% |
Top Suppliers of Textile Machinery; Spinning Machines to Romania in 2022:
- France (5.0 units)
- Italy (3.0 units)
- Germany (1.0 units)
- Luxembourg (1.0 units)
Exports of Textile Machinery; Spinning Machines in Romania
In 2022, textile machinery; spinning machines exports from Romania amounted to 3 units, approximately mirroring the previous year. Over the period under review, exports continue to indicate resilient growth. The smallest decline of 99.9% was in 2021. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, textile machinery; spinning machines exports stood at $15K in 2022. Overall, exports saw a resilient increase. The smallest decline of -14.4% was in 2020. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.
| Export of Textile Machinery; Spinning Machines in Romania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Pakistan | 3.3 | 7.6 | N/A | 7.2 | 29.7% |
| Italy | 5.6 | N/A | N/A | 6.8 | 6.7% |
| France | N/A | N/A | N/A | 1.0 | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 8.9 | 7.6 | N/A | 14.9 | 18.7% |
Top Export Markets for Textile Machinery; Spinning Machines from Romania in 2022:
- Pakistan (1.0 units)
- Italy (1.0 units)
- France (1.0 units)
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