Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria - 2022
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $5,586 per unit, with a decrease of -45.5% against the previous year. In general, the import price faced a abrupt setback. The pace of growth was the most pronounced in 2020 when the average import price increased by 90%. Over the period under review, average import prices hit record highs at $19,900 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 Turkey ($6,874 per unit), while the price for China totaled $3,714 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (-0.5%), while the prices for the other major suppliers experienced a decline.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria
Imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Algeria dropped to 27 units in 2022, waning by -6.9% against the previous year. In general, imports, however, continue to indicate a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 123%. As a result, imports reached the peak of 29 units, and then contracted in the following year.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses reduced to $151K in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 98% against the previous year. As a result, imports attained the peak of $164K, and then dropped in the following year.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 31.1 | 32.4 | 48.0 | 110 | 52.4% |
| China | 42.0 | 50.2 | 116 | 40.9 | -0.9% |
| Spain | 18.7 | N/A | N/A | N/A | 0% |
| Switzerland | 27.8 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 120 | 82.6 | 164 | 151 | 8.0% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Algeria in 2022:
- Turkey (16.0 units)
- China (11.0 units)
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