Weaving Machines (Looms) Price in Indonesia - 2022

Contents:

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

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

In 2022, the average weaving machines (looms) import price amounted to $12,634 per unit, dropping by -36.7% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 74%. Over the period under review, average import prices attained the maximum at $35,812 per unit in 2018; however, from 2019 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 Germany ($36,814 per unit), while the price for Turkey ($7,222 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average weaving machines (looms) export price stood at $11,444 per unit in 2022, falling by -60.9% against the previous year. Over the period under review, the export price, however, posted resilient growth. The growth pace was the most rapid in 2013 when the average export price increased by 212% against the previous year. The export price peaked at $50,107 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 overseas markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($21,667 per unit), while the average price for exports to Timor-Leste ($50 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 Pakistan (+35.5%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Indonesia

In 2022, purchases abroad of weaving machines (looms)s increased by 301% to 4.1K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, weaving machines (looms) imports skyrocketed to $52M in 2022. In general, imports continue to indicate a perceptible increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Weaving Machines (Looms) in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China18.810.312.422.96.8%
Japan15.95.53.415.2-1.5%
Belgium4.82.80.56.611.2%
India1.92.71.24.129.2%
TurkeyN/AN/A0.10.7600.0%
Germany2.10.50.60.6-34.1%
South Korea0.50.80.80.66.3%
Others1.53.21.71.2-7.2%
Total45.425.720.451.84.5%

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

  1. China (2229.0 units)
  2. Japan (977.0 units)
  3. India (345.0 units)
  4. Belgium (300.0 units)
  5. Turkey (100.0 units)
  6. South Korea (45.0 units)
  7. Germany (16.0 units)

Weaving Machines (Looms) Exports in Indonesia

In 2022, overseas shipments of weaving machines (looms)s decreased by -13.8% to 25 units, falling for the second year in a row after two years of growth. Overall, exports recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 with an increase of 30%. As a result, the exports attained the peak of 35 units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, weaving machines (looms) exports contracted markedly to $286K in 2022. Over the period under review, exports faced a sharp descent. The most prominent rate of growth was recorded in 2020 with an increase of 96%. As a result, the exports attained the peak of $1.8M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Weaving Machines (Looms) in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
TurkeyN/AN/AN/A2600%
VietnamN/AN/AN/A15.10%
India38814.448.510.7-69.8%
Singapore6.1N/A0.90.3-63.4%
Timor-LesteN/AN/AN/A0.10%
Thailand22.4N/AN/AN/A0%
ChinaN/A1,46511.3N/A-99.2%
EgyptN/AN/A118N/A0%
Taiwan (Chinese)N/AN/A56.9N/A0%
Pakistan353211612N/A31.7%
Others12563.51.8N/A-88.0%
Total8951,754849286-31.6%

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

  1. Turkey (12.0 units)
  2. Vietnam (6.0 units)
  3. India (5.0 units)
  4. Timor-Leste (1.0 units)
  5. Singapore (1.0 units)

Source: IndexBox Market Intelligence Platform

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