Weaving Machines (Looms) Price in Canada - 2023

Contents:

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

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

The average weaving machines (looms) import price stood at $16 per unit in 2022, with a decrease of -11.1% against the previous year. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in 2015 an increase of 58%. Over the period under review, average import prices reached the peak figure at $27 per unit in 2016; however, from 2017 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 the Netherlands ($36 per unit), while the price for New Zealand ($7.7 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Weaving Machines (Looms) Price in Canada (FOB) - 2022

In 2022, the average weaving machines (looms) export price amounted to $2,400 per unit, falling by -31.4% against the previous year. Over the period under review, the export price continues to indicate a abrupt slump. The pace of growth was the most pronounced in 2019 an increase of 97% against the previous year. The export price peaked at $8,812 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($10,162 per unit), while the average price for exports to the United States stood at $1,752 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-5.5%).

Weaving Machines (Looms) Imports in Canada

Weaving machines (looms) imports into Canada skyrocketed to 493K units in 2022, with an increase of 158% on the previous year. Over the period under review, imports showed a significant increase. The growth pace was the most rapid in 2021 when imports increased by 160% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, weaving machines (looms) imports skyrocketed to $7.8M in 2022. Overall, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 182%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Weaving Machines (Looms) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.45.21,8652,2091667.6%
Germany6801401271,73136.5%
France43.41.00.81,159198.9%
Switzerland21011942993664.6%
Netherlands5984815037759.0%
United States20311116227410.5%
Norway65233.45.7198-32.8%
New Zealand11314814917014.6%
China72.411312513121.9%
Taiwan (Chinese)0.90.60.6103385.5%
Belgium942N/AN/A47.6-63.0%
Others57.747.415.236.2-14.4%
Total3,5731,1983,3837,76929.6%

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

  1. Sweden (136.9K units)
  2. Germany (110.0K units)
  3. Switzerland (75.1K units)
  4. France (71.1K units)
  5. New Zealand (22.0K units)
  6. Netherlands (21.8K units)
  7. China (15.0K units)
  8. Norway (14.0K units)
  9. Taiwan (Chinese) (10.1K units)
  10. United States (10.1K units)
  11. Belgium (4.4K units)

Weaving Machines (Looms) Exports in Canada

In 2022, weaving machines (looms) exports from Canada skyrocketed to 704 units, growing by 100% on the year before. In general, exports recorded prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, weaving machines (looms) exports soared to $1.7M in 2022. Overall, exports, however, saw a deep contraction. The growth pace was the most rapid in 2021 with an increase of 70% against the previous year. The exports peaked at $2.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Weaving Machines (Looms) in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States7816407051,14113.5%
EgyptN/AN/AN/A4370%
Others1,35584.5527112-56.4%
Total2,1377241,2321,689-7.5%

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

  1. United States (651.0 units)
  2. Egypt (43.0 units)

Source: IndexBox Market Intelligence Platform

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