Weaving Machines (Looms) Price in Denmark - 2023

Contents:

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

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

In 2022, the average weaving machines (looms) import price amounted to $888 per unit, with a decrease of -77% against the previous year. Over the period under review, the import price saw a deep reduction. The pace of growth was the most pronounced in 2020 an increase of 296%. As a result, import price reached the peak level of $3,854 per unit. From 2021 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($34,322 per unit), while the price for Switzerland ($256 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+122.2%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average weaving machines (looms) export price stood at $162 per unit in 2022, falling by -86.9% against the previous year. Over the period under review, the export price continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2019 an increase of 788% against the previous year. The export price peaked at $27,135 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($33,711 per unit), while the average price for exports to the UK ($90 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+2,590.6%).

Weaving Machines (Looms) Imports in Denmark

In 2022, the amount of weaving machines (looms)s imported into Denmark reached 99 units, approximately mirroring 2021 figures. The total import volume increased at an average annual rate of +7.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 52% against the previous year. As a result, imports reached the peak of 122 units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, weaving machines (looms) imports fell significantly to $88K in 2022. In general, imports showed a perceptible expansion. The pace of growth appeared the most rapid in 2020 when imports increased by 504%. As a result, imports attained the peak of $470K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Weaving Machines (Looms) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway55.240631134.3-14.7%
China0.20.60.117.5344.0%
SwedenN/AN/AN/A14.80%
New Zealand9.814.915.914.513.9%
Netherlands9.818.736.65.8-16.0%
United States1.328.90.70.3-38.7%
Taiwan (Chinese)0.6N/AN/AN/A0%
Others1.01.213.50.7-11.2%
Total77.947037887.94.1%

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

  1. New Zealand (49.0 units)
  2. China (29.0 units)
  3. Sweden (15.0 units)
  4. Netherlands (2.0 units)
  5. United States (1.0 units)
  6. Norway (1.0 units)

Weaving Machines (Looms) Exports in Denmark

In 2022, weaving machines (looms) exports from Denmark skyrocketed to 2.1K units, with an increase of 801% against 2021 figures. In general, exports enjoyed a significant increase. The growth pace was the most rapid in 2021 with an increase of 1,420%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, weaving machines (looms) exports surged to $333K in 2022. Over the period under review, exports saw significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 1,041%. As a result, the exports attained the peak of $407K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Weaving Machines (Looms) in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IsraelN/AN/AN/A2770%
AustriaN/AN/A26233.7-87.1%
United KingdomN/AN/AN/A18.00%
Others35.740720.03.5-53.9%
Total35.7407282333110.5%

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

  1. Israel (1819.0 units)
  2. United Kingdom (201.0 units)
  3. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform

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