Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary - 2023

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (CIF) - 2022
  2. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (FOB) - 2022
  3. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary
  4. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $3,132 per unit, growing by 85% against the previous year. Overall, the import price continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2019 when the average import price increased by 137% against the previous year. Over the period under review, average import prices reached the peak figure at $7,980 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Serbia ($5,273 per unit), while the price for China ($2,288 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+3.3%), while the prices for the other major suppliers experienced a decline.

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (FOB) - 2022

In 2022, the average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $2,769 per unit, flattening at the previous year. Over the period under review, the export price recorded a significant expansion. The pace of growth appeared the most rapid in 2020 an increase of 11,175% against the previous year. As a result, the export price reached the peak level of $16,800 per unit. From 2021 to 2022, the average export prices remained at a lower figure.

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

From 2019 to 2022, the rate of growth in terms of prices for Romania amounted to +5,537.6% per year.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary

In 2022, the amount of weaving machines (looms); for weaving fabrics of a width 30cm or lesses imported into Hungary soared to 72 units, increasing by 106% on the previous year. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 192% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $219K in 2022. Over the period under review, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.924.05.2105230.8%
ChinaN/A0.550.893.81269.7%
SerbiaN/AN/AN/A10.50%
Czech RepublicN/AN/A3.49.4176.5%
New ZealandN/A0.1N/A0.10.0%
Switzerland47.92.2N/AN/A-95.4%
Others0.31.0N/AN/A233.3%
Total51.127.759.321962.4%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Hungary in 2022:

  1. China (41.0 units)
  2. Germany (25.0 units)
  3. Czech Republic (3.0 units)
  4. Serbia (2.0 units)
  5. New Zealand (1.0 units)

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary

In 2022, approx. 2 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were exported from Hungary; remaining relatively unchanged against 2021. In general, exports recorded a relatively flat trend pattern. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $5.5K in 2022. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 11,100% against the previous year. As a result, the exports reached the peak of $17K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
NetherlandsN/AN/AN/A5.50%
Romania0.116.8N/AN/A16700.0%
OthersN/AN/AN/AN/A0%
Total0.116.8N/A5.5280.3%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Hungary in 2022:

  1. Netherlands (2.0 units)

Source: IndexBox Market Intelligence Platform

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