Weaving Machines (Looms) Price in Finland - 2023

Contents:

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

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

The average weaving machines (looms) export price stood at $4,825 per unit in 2022, picking up by 21% against the previous year. In general, the export price posted measured growth. The growth pace was the most rapid in 2019 when the average export price increased by 3,847% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($5,574 per unit), while the average price for exports to Portugal amounted to $336 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kazakhstan (+6.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, the average weaving machines (looms) import price amounted to $2,783 per unit, falling by -21.7% against the previous year. Over the period under review, the import price showed a sharp setback. The pace of growth appeared the most rapid in 2017 an increase of 932%. As a result, import price attained the peak level of $178,148 per unit. From 2018 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 Germany ($183,252 per unit), while the price for New Zealand ($311 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+98.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Weaving Machines (Looms) Exports in Finland

In 2022, weaving machines (looms) exports from Finland contracted sharply to 7 units, which is down by -98.2% against the year before. In general, exports saw a dramatic downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 2,147%. As a result, the exports attained the peak of 382 units, and then shrank remarkably in the following year.

In value terms, weaving machines (looms) exports reduced notably to $34K in 2022. Overall, exports saw a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 2,712%. As a result, the exports attained the peak of $1.5M, and then reduced markedly in the following year.

Export of Weaving Machines (Looms) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/A54.441.033.4-21.6%
PortugalN/AN/A1,3680.3-100.0%
Kazakhstan159N/A120N/A-13.1%
Japan11.0N/A0.1N/A-90.5%
Others1.2N/A0.4N/A-42.3%
Total17154.41,53033.8-41.7%

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

  1. India (6.0 units)
  2. Portugal (1.0 units)

Weaving Machines (Looms) Imports in Finland

Weaving machines (looms) imports into Finland soared to 102 units in 2022, growing by 17% on the year before. Overall, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +18.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.5% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 48% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, weaving machines (looms) imports fell to $284K in 2022. In general, imports saw a significant expansion. The most prominent rate of growth was recorded in 2020 when imports increased by 157% against the previous year. Imports peaked at $309K in 2021, and then shrank in the following year.

Import of Weaving Machines (Looms) in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand23.830.927.329.87.8%
Others61.718928225460.3%
Total85.522030928449.2%

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

  1. New Zealand (96.0 units)

Source: IndexBox Market Intelligence Platform

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