Weaving Machines (Looms) Price in Luxembourg - 2023
Contents:
- Weaving Machines (Looms) Price in Luxembourg (CIF) - 2022
- Weaving Machines (Looms) Imports in Luxembourg
Weaving Machines (Looms) Price in Luxembourg (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $120 per unit, falling by -98.8% against the previous year. Overall, the import price saw a sharp downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by 2,617% against the previous year. Over the period under review, average import prices attained the maximum at $16,154 per unit in 2012; however, from 2013 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 ($290 per unit), while the price for France ($34 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+100.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Weaving Machines (Looms) Imports in Luxembourg
For the third consecutive year, Luxembourg recorded decline in purchases abroad of weaving machines (looms)s, which decreased by -83.3% to 3 units in 2022. Over the period under review, imports recorded a dramatic decline. The smallest decline of -10% was in 2021. Imports peaked at 37 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, weaving machines (looms) imports reduced markedly to $360 in 2022. In general, imports saw a sharp downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 2,281% against the previous year. As a result, imports reached the peak of $176K, and then dropped remarkably in the following year.
| Import of Weaving Machines (Looms) in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 118 | 0.3 | 0.1 | 0.3 | -86.4% |
| South Korea | N/A | N/A | 170 | N/A | 0% |
| France | 3.2 | 1.4 | 0.1 | N/A | -82.3% |
| Poland | N/A | N/A | N/A | N/A | 0% |
| Others | 0.2 | 5.7 | 5.1 | N/A | 405.0% |
| Total | 121 | 7.4 | 176 | 0.4 | -85.1% |
Top Suppliers of Weaving Machines (Looms) to Luxembourg in 2022:
- Poland (1.0 units)
- Germany (1.0 units)
- France (1.0 units)
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