Weaving Machines (Looms) Price in Hungary - 2023

Contents:

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

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

In 2022, the average weaving machines (looms) import price amounted to $11,554 per unit, falling by -17.9% against the previous year. Overall, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 51%. As a result, import price reached the peak level of $33,834 per unit. From 2015 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($47,867 per unit), while the price for Poland ($6,038 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+1,923.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average weaving machines (looms) export price stood at $11,314 per unit in 2022, picking up by 96% against the previous year. In general, the export price saw a strong increase. The growth pace was the most rapid in 2014 when the average export price increased by 193%. As a result, the export price attained the peak level of $18,152 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Moldova ($12,592 per unit), while the average price for exports to Italy ($7,383 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 India (+5.9%), while the prices for the other major destinations experienced mixed trend patterns.

Weaving Machines (Looms) Imports in Hungary

Weaving machines (looms) imports into Hungary soared to 170 units in 2022, with an increase of 270% on 2021. Overall, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, weaving machines (looms) imports skyrocketed to $2M in 2022. Over the period under review, imports continue to indicate a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weaving Machines (Looms) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany7.324.0217834385.2%
FranceN/A26.956.0351261.2%
United KingdomN/AN/A0.825331525.0%
Italy14216430823919.0%
ChinaN/A0.554.61031335.3%
Czech RepublicN/AN/A3.494.82688.2%
PolandN/AN/AN/A36.20%
NetherlandsN/A81.3N/A12.8-60.3%
New Zealand11.54.95.36.9-15.7%
Switzerland47.92.2N/AN/A-95.4%
Others5.62.62.233.781.9%
Total2153066481,964109.0%

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

  1. Germany (102.0 units)
  2. France (17.0 units)
  3. United Kingdom (16.0 units)
  4. Czech Republic (8.0 units)
  5. China (7.0 units)
  6. Poland (6.0 units)
  7. Italy (5.0 units)
  8. Netherlands (2.0 units)
  9. New Zealand (2.0 units)

Weaving Machines (Looms) Exports in Hungary

Weaving machines (looms) exports from Hungary skyrocketed to 84 units in 2022, growing by 950% on 2021 figures. In general, exports recorded a significant expansion. 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 skyrocketed to $950K in 2022. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Weaving Machines (Looms) in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MoldovaN/AN/AN/A7810%
India24.1N/AN/A12070.8%
ItalyN/A16.834.444.362.4%
PakistanN/AN/A11.7N/A0%
Others0.1N/AN/A5.6282.6%
Total24.216.846.2950239.9%

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

  1. Moldova (62.0 units)
  2. India (15.0 units)
  3. Italy (6.0 units)

Source: IndexBox Market Intelligence Platform

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