Weaving Machines (Looms) Price in Azerbaijan - 2023
Contents:
- Weaving Machines (Looms) Price in Azerbaijan (CIF) - 2022
- Weaving Machines (Looms) Price in Azerbaijan (FOB) - 2022
- Weaving Machines (Looms) Imports in Azerbaijan
- Weaving Machines (Looms) Exports in Azerbaijan
Weaving Machines (Looms) Price in Azerbaijan (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $42,298 per unit, jumping by 709% against the previous year. Over the period under review, the import price showed a significant increase. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($44,413 per unit), while the price for Turkey amounted to $4 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+51.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Azerbaijan (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $3,798 per unit, remaining stable against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2013 an increase of 24%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Iran.
From 2012 to 2022, the rate of growth in terms of prices for Iran amounted to +8.7% per year.
Weaving Machines (Looms) Imports in Azerbaijan
In 2022, overseas purchases of weaving machines (looms)s were finally on the rise to reach 21 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports continue to indicate a mild expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) imports soared to $888K in 2022. In general, imports showed a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Weaving Machines (Looms) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | N/A | 82.2 | N/A | 888 | 228.7% |
| Russia | N/A | 0.2 | N/A | N/A | 0% |
| South Korea | 1.0 | N/A | N/A | N/A | 0% |
| Iran | 0.8 | 0.1 | N/A | N/A | -87.5% |
| Switzerland | N/A | 14.0 | N/A | N/A | 0% |
| China | 0.2 | N/A | 9.1 | N/A | 574.5% |
| Austria | 55.2 | N/A | N/A | N/A | 0% |
| Czech Republic | 486 | N/A | N/A | N/A | 0% |
| Italy | N/A | 17.3 | 17.0 | N/A | -1.7% |
| Turkey | 1.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 544 | 114 | 26.1 | 888 | 17.7% |
Top Suppliers of Weaving Machines (Looms) to Azerbaijan in 2022:
- India (20.0 units)
- Turkey (1.0 units)
Weaving Machines (Looms) Exports in Azerbaijan
In 2022, after two years of decline, there was decline in shipments abroad of weaving machines (looms)s, when their volume decreased by 0% to 26 units. Over the period under review, exports continue to indicate a significant expansion. The smallest decline of 99.9% was in 2020. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
In value terms, weaving machines (looms) exports stood at $99K in 2022. In general, exports continue to indicate a significant increase. The smallest decline of 99.9% was in 2020. The exports peaked in 2022 and are likely to see steady growth in years to come.
| Export of Weaving Machines (Looms) in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | N/A | N/A | N/A | 98.8 | 0% |
| Russia | 0.2 | N/A | N/A | N/A | 0% |
| South Korea | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.3 | N/A | N/A | 98.8 | 590.6% |
Top Export Markets for Weaving Machines (Looms) from Azerbaijan in 2022:
- Iran (26.0 units)
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