Weaving Machines (Looms) Price in Algeria - 2022
Contents:
- Weaving Machines (Looms) Price in Algeria (CIF) - 2022
- Weaving Machines (Looms) Price in Algeria (FOB) - 2022
- Weaving Machines (Looms) Imports in Algeria
- Weaving Machines (Looms) Exports in Algeria
Weaving Machines (Looms) Price in Algeria (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $14,739 per unit, rising by 13% against the previous year. Over the period under review, the import price saw tangible growth. The growth pace was the most rapid in 2017 when the average import price increased by 69%. As a result, import price attained the peak level of $29,131 per unit. From 2018 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($31,679 per unit), while the price for China ($6,272 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Weaving Machines (Looms) Price in Algeria (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $155,814 per unit, growing by 51% against the previous year. In general, the export price posted a significant expansion. The most prominent rate of growth was recorded in 2018 an increase of 474%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Turkey.
From 2012 to 2022, the rate of growth in terms of prices for Turkey amounted to +35.1% per year.
Weaving Machines (Looms) Imports in Algeria
After two years of decline, overseas purchases of weaving machines (looms)s increased by 106% to 163 units in 2022. Overall, imports, however, showed a sharp slump. Imports peaked at 591 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, weaving machines (looms) imports surged to $2.4M in 2022. Over the period under review, imports, however, continue to indicate a sharp decline. Over the period under review, imports attained the peak figure at $12M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Weaving Machines (Looms) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 5,232 | 1,049 | 479 | 1,067 | -41.1% |
| Germany | 3,078 | 648 | 310 | 726 | -38.2% |
| Italy | 2,075 | 412 | 186 | 412 | -41.7% |
| India | 426 | 63.1 | 26.6 | 85.7 | -41.4% |
| Austria | 475 | 114 | 6.6 | 51.7 | -52.3% |
| China | 186 | 55.0 | 7.1 | 37.6 | -41.3% |
| Others | 145 | 25.0 | 10.0 | 22.2 | -46.5% |
| Total | 11,617 | 2,367 | 1,026 | 2,402 | -40.9% |
Top Suppliers of Weaving Machines (Looms) to Algeria in 2022:
- Germany (81.0 units)
- Belgium (42.0 units)
- Italy (13.0 units)
- India (10.0 units)
- China (6.0 units)
- Austria (5.0 units)
Weaving Machines (Looms) Exports in Algeria
In 2022, overseas shipments of weaving machines (looms)s decreased by -25% to 3 units, falling for the second consecutive year after two years of growth. In general, exports, however, showed strong growth. The pace of growth was the most pronounced in 2020 with an increase of 300% against the previous year. As a result, the exports reached the peak of 8 units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, weaving machines (looms) exports rose remarkably to $467K in 2022. Overall, exports, however, posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 723% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Weaving Machines (Looms) in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 44.3 | 365 | 413 | 467 | 119.3% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 44.3 | 365 | 413 | 467 | 119.3% |
Top Export Markets for Weaving Machines (Looms) from Algeria in 2022:
- Turkey (3.0 units)
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