Price for Textile Machinery; Spinning Machines in Saudi Arabia - 2021

Contents:

  1. Price for Textile Machinery; Spinning Machines in Saudi Arabia (FOB) - 2022
  2. Exports of Textile Machinery; Spinning Machines in Saudi Arabia

Price for Textile Machinery; Spinning Machines in Saudi Arabia (FOB) - 2022

The average textile machinery; spinning machines export price stood at $829 per unit in 2022, standing approx. at the previous year. Over the period under review, the export price saw a perceptible slump. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices reached the peak figure at $911 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2020 to 2022, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.

Exports of Textile Machinery; Spinning Machines in Saudi Arabia

In 2022, the amount of textile machinery; spinning machineses exported from Saudi Arabia totaled 16 units, approximately mirroring the previous year. In general, exports recorded a abrupt descent. The smallest decline of 99.9% was in 2021. Over the period under review, the exports reached the peak figure at 24 units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, textile machinery; spinning machines exports stood at $13K in 2022. Overall, exports showed a dramatic downturn. The smallest decline of 99.9% was in 2021. The exports peaked at $22K in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

Export of Textile Machinery; Spinning Machines in Saudi Arabia (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
SwedenN/AN/A6.70%
Italy10.9N/AN/A0%
Others10.9N/A6.6-22.2%
Total21.9N/A13.3-22.1%

Top Export Markets for Textile Machinery; Spinning Machines from Saudi Arabia in 2022:

  1. Sweden (8.0 units)

Source: IndexBox Market Intelligence Platform

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