Weaving Machines (Looms) Price in Austria - 2023

Contents:

  1. Weaving Machines (Looms) Price in Austria (FOB) - 2023
  2. Weaving Machines (Looms) Price in Austria (CIF) - 2022
  3. Weaving Machines (Looms) Exports in Austria
  4. Weaving Machines (Looms) Imports in Austria

Weaving Machines (Looms) Price in Austria (FOB) - 2023

In August 2023, the average weaving machines (looms) export price amounted to $23,516 per unit, reducing by -6.6% against the previous month. Overall, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in February 2023 an increase of 38% against the previous month. As a result, the export price reached the peak level of $32,088 per unit; afterwards, it flattened through to August 2023.

Average prices varied noticeably for the major external markets. In August 2023, the country with the highest price was Russia ($27,209 per unit), while the average price for exports to Democratic Republic of the Congo ($22,108 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Price in Austria (CIF) - 2022

In 2022, the average weaving machines (looms) import price amounted to $39,177 per unit, with a decrease of -19.7% against the previous year. In general, the import price showed a pronounced slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 51%. Over the period under review, average import prices attained the maximum at $58,792 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($59,173 per unit), while the price for Spain ($2,634 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+3.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Weaving Machines (Looms) Exports in Austria

In 2022, after three years of growth, there was significant decline in overseas shipments of weaving machines (looms)s, when their volume decreased by -18.8% to 992 units. Overall, exports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 15% against the previous year. The exports peaked at 1.2K units in 2021, and then dropped markedly in the following year.

In value terms, weaving machines (looms) exports fell dramatically to $23M in 2022. In general, exports recorded a abrupt descent. The growth pace was the most rapid in 2021 with an increase of 6.5%. The exports peaked at $34M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Weaving Machines (Looms) in Austria (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey4.72.67.63.8-6.8%
Brazil0.91.82.73.151.0%
Russia3.52.72.12.0-17.0%
Nigeria0.70.42.31.939.5%
Saudi Arabia0.1N/AN/A1.6152.0%
MexicoN/A0.32.21.5123.6%
Cote d'Ivoire1.80.30.91.0-17.8%
Kenya0.7N/AN/A1.012.6%
OmanN/AN/AN/A0.80%
Algeria0.91.20.20.7-8.0%
ColombiaN/A0.50.30.718.3%
GuatemalaN/A0.20.30.673.2%
Turkmenistan1.30.51.40.4-32.5%
Others19.119.211.73.7-42.1%
Total33.729.731.622.7-12.3%

Top Export Markets for Weaving Machines (Looms) from Austria in 2022:

  1. Turkey (178.0 units)
  2. Brazil (113.0 units)
  3. Nigeria (99.0 units)
  4. Russia (89.0 units)
  5. Saudi Arabia (70.0 units)
  6. Mexico (52.0 units)
  7. Cote d'Ivoire (48.0 units)
  8. Kenya (41.0 units)
  9. Oman (31.0 units)
  10. Colombia (31.0 units)
  11. Algeria (29.0 units)
  12. Guatemala (25.0 units)
  13. Turkmenistan (19.0 units)

Weaving Machines (Looms) Imports in Austria

Weaving machines (looms) imports into Austria fell markedly to 85 units in 2022, waning by -26.7% compared with the previous year's figure. Overall, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2021 with an increase of 241% against the previous year. As a result, imports reached the peak of 116 units, and then reduced remarkably in the following year.

In value terms, weaving machines (looms) imports dropped significantly to $3.3M in 2022. In general, imports, however, enjoyed a tangible increase. The pace of growth was the most pronounced in 2021 when imports increased by 250%. As a result, imports attained the peak of $5.7M, and then fell markedly in the following year.

Import of Weaving Machines (Looms) in Austria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany5601,0003,7802,06654.5%
ItalyN/A19115.8938121.6%
FranceN/AN/A66.8178166.5%
SpainN/AN/AN/A58.00%
Belgium1,6453651,584N/A-1.9%
United Kingdom720N/AN/AN/A0%
Others37.259.221291.234.8%
Total2,9621,6145,6583,3304.0%

Top Suppliers of Weaving Machines (Looms) to Austria in 2022:

  1. Germany (37.0 units)
  2. Spain (22.0 units)
  3. Italy (18.0 units)
  4. France (3.0 units)

Source: IndexBox Market Intelligence Platform

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