Weaving Machines (Looms) Price in Italy - 2023
Contents:
- Weaving Machines (Looms) Price in Italy (FOB) - 2022
- Weaving Machines (Looms) Price in Italy (CIF) - 2022
- Weaving Machines (Looms) Exports in Italy
- Weaving Machines (Looms) Imports in Italy
Weaving Machines (Looms) Price in Italy (FOB) - 2022
The average weaving machines (looms) export price stood at $20,027 per unit in 2022, almost unchanged from the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The most prominent rate of growth was recorded in 2014 when the average export price increased by 27%. The export price peaked at $24,603 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
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 Turkey ($67,255 per unit), while the average price for exports to Egypt ($4,143 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 the United States (+22.8%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Price in Italy (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $29,611 per unit, growing by 77% against the previous year. Over the period under review, the import price recorded slight growth. Over the period under review, average import prices hit record highs at $34,624 per unit in 2013; however, from 2014 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 Belgium ($120,990 per unit), while the price for Tunisia ($2,714 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+10.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Weaving Machines (Looms) Exports in Italy
Weaving machines (looms) exports from Italy dropped to 9.7K units in 2022, shrinking by -2.1% on the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +10.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +41.0% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 44%. As a result, the exports attained the peak of 9.9K units, and then fell slightly in the following year.
In value terms, weaving machines (looms) exports dropped to $195M in 2022. Over the period under review, total exports indicated buoyant growth from 2019 to 2022: its value 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, exports increased by +64.8% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 44%. As a result, the exports reached the peak of $198M, and then reduced in the following year.
| Export of Weaving Machines (Looms) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 17.9 | 67.7 | 71.9 | 53.1 | 43.7% |
| India | 22.5 | 19.9 | 30.7 | 45.1 | 26.1% |
| China | 9.4 | 7.2 | 13.4 | 14.7 | 16.1% |
| United States | 2.3 | 3.2 | 2.4 | 10.4 | 65.4% |
| Bangladesh | 3.5 | 1.5 | 9.4 | 5.9 | 19.0% |
| Japan | 3.4 | 2.3 | 2.8 | 5.0 | 13.7% |
| Argentina | 0.5 | 1.2 | 1.1 | 4.6 | 109.5% |
| France | 0.2 | N/A | 0.2 | 3.0 | 146.6% |
| Taiwan (Chinese) | 6.7 | 3.1 | 4.7 | 2.6 | -27.1% |
| South Korea | 3.5 | 2.5 | 3.2 | 2.2 | -14.3% |
| Egypt | 6.3 | 3.5 | 8.5 | 1.3 | -40.9% |
| Iran | 1.3 | 2.7 | 1.1 | 0.7 | -18.6% |
| Pakistan | 2.0 | 1.3 | 4.7 | 0.4 | -41.5% |
| Others | 38.6 | 21.8 | 43.9 | 45.6 | 5.7% |
| Total | 118 | 138 | 198 | 195 | 18.2% |
Top Export Markets for Weaving Machines (Looms) from Italy in 2022:
- India (5191.0 units)
- Turkey (789.0 units)
- Argentina (741.0 units)
- China (491.0 units)
- Egypt (309.0 units)
- Bangladesh (276.0 units)
- South Korea (236.0 units)
- United States (168.0 units)
- Japan (156.0 units)
- France (150.0 units)
- Iran (126.0 units)
- Taiwan (Chinese) (71.0 units)
- Pakistan (42.0 units)
Weaving Machines (Looms) Imports in Italy
In 2022, approx. 794 units of weaving machines (looms)s were imported into Italy; falling by -11% against the previous year. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 92% against the previous year. Over the period under review, imports attained the peak figure at 1.5K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, weaving machines (looms) imports surged to $24M in 2022. In general, imports, however, continue to indicate a moderate expansion. The pace of growth was the most pronounced in 2021 when imports increased by 85%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Weaving Machines (Looms) in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 9.6 | 3.4 | 8.4 | 12.9 | 10.4% |
| Germany | 5.3 | 2.0 | 3.0 | 4.2 | -7.5% |
| Switzerland | 1.2 | 0.8 | 1.7 | 2.9 | 34.2% |
| Japan | 0.7 | 1.1 | 0.3 | 1.3 | 22.9% |
| China | 0.3 | 0.3 | 0.5 | 0.9 | 44.2% |
| France | 0.1 | N/A | 0.1 | 0.3 | 44.2% |
| Romania | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Tunisia | N/A | N/A | 0.1 | 0.1 | 0.0% |
| Denmark | 1.7 | N/A | N/A | N/A | 0% |
| Others | 1.2 | 0.3 | 0.9 | 0.8 | -12.6% |
| Total | 20.4 | 8.1 | 14.9 | 23.5 | 4.8% |
Top Suppliers of Weaving Machines (Looms) to Italy in 2022:
- Germany (319.0 units)
- China (187.0 units)
- Belgium (107.0 units)
- Switzerland (53.0 units)
- Japan (47.0 units)
- Tunisia (29.0 units)
- France (14.0 units)
- Romania (1.0 units)
- Denmark (1.0 units)
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