Weaving Machines (Looms) Price in Ethiopia - 2022
Contents:
- Weaving Machines (Looms) Price in Ethiopia (CIF) - 2022
- Weaving Machines (Looms) Price in Ethiopia (FOB) - 2022
- Weaving Machines (Looms) Imports in Ethiopia
- Weaving Machines (Looms) Exports in Ethiopia
Weaving Machines (Looms) Price in Ethiopia (CIF) - 2022
The average weaving machines (looms) import price stood at $16,613 per unit in 2022, reducing by -34.7% against the previous year. In general, the import price, however, continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2014 when the average import price increased by 68%. Over the period under review, average import prices hit record highs at $25,455 per unit in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Czech Republic ($80,219 per unit), while the price for Italy ($1,644 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+94.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Ethiopia (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $539 per unit, declining by -32.9% against the previous year. Overall, the export price saw a deep contraction. The most prominent rate of growth was recorded in 2013 an increase of 151% against the previous year. As a result, the export price attained the peak level of $3,067 per unit. From 2014 to 2022, the average export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Nigeria.
From 2012 to 2022, the rate of growth in terms of prices for Nigeria amounted to -32.9% per year.
Weaving Machines (Looms) Imports in Ethiopia
In 2022, the amount of weaving machines (looms)s imported into Ethiopia skyrocketed to 386 units, jumping by 36% against the year before. Overall, imports, however, saw a abrupt descent. Imports peaked at 560 units in 2020; however, from 2021 to 2022, imports remained at a lower figure.
In value terms, weaving machines (looms) imports declined to $6.4M in 2022. In general, imports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 0.6% against the previous year. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Weaving Machines (Looms) in Ethiopia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 6.2 | 8.4 | 3.0 | 2.5 | -26.1% |
| Japan | 1.9 | 2.0 | 1.9 | 1.8 | -1.8% |
| Austria | 0.5 | 0.4 | 0.5 | 0.4 | -7.2% |
| India | 1.3 | 0.2 | 0.7 | 0.3 | -38.7% |
| United States | N/A | N/A | N/A | 0.3 | 0% |
| Switzerland | 0.4 | 0.4 | 0.3 | 0.3 | -9.1% |
| Czech Republic | 0.6 | 0.5 | 0.4 | 0.2 | -30.7% |
| Italy | 0.5 | 0.2 | N/A | 0.1 | -41.5% |
| Others | 1.2 | 0.4 | 0.4 | 0.3 | -37.0% |
| Total | 12.4 | 12.5 | 7.2 | 6.4 | -19.8% |
Top Suppliers of Weaving Machines (Looms) to Ethiopia in 2022:
- China (126.0 units)
- Italy (90.0 units)
- Japan (87.0 units)
- India (21.0 units)
- Austria (20.0 units)
- United States (14.0 units)
- Switzerland (14.0 units)
- Czech Republic (3.0 units)
Weaving Machines (Looms) Exports in Ethiopia
In 2022, weaving machines (looms) exports from Ethiopia contracted rapidly to 1 units, which is down by -50% against 2021 figures. In general, exports continue to indicate a dramatic setback. Over the period under review, the exports reached the maximum at 5 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, weaving machines (looms) exports reduced notably to $539 in 2022. Overall, exports showed a dramatic contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 116% against the previous year. As a result, the exports reached the peak of $9.4K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Weaving Machines (Looms) in Ethiopia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Nigeria | N/A | N/A | 1.6 | 0.5 | -68.8% |
| China | N/A | 9.4 | N/A | N/A | 0% |
| Mozambique | 4.3 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.3 | 9.4 | 1.6 | 0.5 | -51.2% |
Top Export Markets for Weaving Machines (Looms) from Ethiopia in 2022:
- Nigeria (1.0 units)
107
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Ethiopia.
347
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
1132
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
347
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
1099
In value terms, weaving machines imports totaled $X in 2016. Overall, weaving machines imports continue to indicate a measured descent. Over the period under review, global weaving machines imports...
651
In value terms, machinery for manufacture and finishing felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
647
In value terms, machinery for washing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
956
In value terms, machinery for preparing, tanning and working hides imports stood at $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value increased at ...
692
In value terms, office machines imports totaled $X in 2016. In general, office machines imports continue to indicate a slight deduction. In that year, global office machines imports attained its ma...
759
In value terms, weaving machines exports stood at $X in 2016. In general, weaving machines exports continue to indicate a slight descent. Over the period under review, global weaving machines expor...
558
In value terms, machinery for manufacture and finishing felt exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; h...
673
In value terms, machinery for washing exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
637
In value terms, machinery for preparing, tanning and working hides exports stood at $X in 2016. Overall, it indicated a moderate expansion from 2007 to 2016: the total exports value increased at an a...
643
In value terms, office machines exports amounted to $X in 2016. In general, office machines exports continue to indicate a mild descent. In that year, global office machines exports reached its max...
