Weaving Machines (Looms) Price in New Zealand - 2023
Contents:
- Weaving Machines (Looms) Price in New Zealand (FOB) - 2023
- Weaving Machines (Looms) Price in New Zealand (CIF) - 2022
- Weaving Machines (Looms) Exports in New Zealand
- Weaving Machines (Looms) Imports in New Zealand
Weaving Machines (Looms) Price in New Zealand (FOB) - 2023
In September 2023, the average weaving machines (looms) export price amounted to $148 per unit, with a decrease of -16.2% against the previous month. Over the period under review, the export price saw a pronounced decrease. The growth pace was the most rapid in March 2023 when the average export price increased by 83% m-o-m. The export price peaked at $209 per unit in September 2022; however, from October 2022 to September 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($194 per unit), while the average price for exports to the UK ($97.0 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Switzerland (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Price in New Zealand (CIF) - 2022
The average weaving machines (looms) import price stood at $6,487 per unit in 2022, rising by 39% against the previous year. In general, the import price, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2015 an increase of 3,843%. The import price peaked at $55,525 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($90,895 per unit), while the price for Ecuador ($13 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+86.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Exports in New Zealand
In 2022, shipments abroad of weaving machines (looms)s decreased by -5.8% to 15K units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +6.4% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 15%. The exports peaked at 16K units in 2021, and then dropped in the following year.
In value terms, weaving machines (looms) exports declined to $2.1M in 2022. The total export value increased at an average annual rate of +9.9% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 21%. As a result, the exports attained the peak of $2.3M, and then fell in the following year.
| Export of Weaving Machines (Looms) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 572 | 686 | 846 | 956 | 18.7% |
| United Kingdom | 224 | 250 | 264 | 168 | -9.1% |
| Canada | 117 | 144 | 193 | 143 | 6.9% |
| Germany | 78.4 | 162 | 174 | 134 | 19.6% |
| Japan | 187 | 122 | 191 | 107 | -17.0% |
| France | 47.7 | 80.3 | 70.0 | 78.4 | 18.0% |
| Australia | 28.7 | 39.5 | 71.5 | 74.5 | 37.4% |
| Austria | 19.0 | 24.3 | 71.0 | 62.9 | 49.0% |
| Netherlands | 48.5 | 57.7 | 56.1 | 62.1 | 8.6% |
| Finland | 23.9 | 39.3 | 15.8 | 37.6 | 16.3% |
| Norway | 12.7 | 22.1 | 32.3 | 36.1 | 41.7% |
| Others | 230 | 257 | 290 | 251 | 3.0% |
| Total | 1,589 | 1,883 | 2,276 | 2,111 | 9.9% |
Top Export Markets for Weaving Machines (Looms) from New Zealand in 2022:
- United States (5.5K units)
- United Kingdom (1.5K units)
- Canada (1.3K units)
- Germany (1.2K units)
- Japan (1.2K units)
- Netherlands (0.6K units)
- Australia (0.6K units)
- France (0.5K units)
- Austria (0.5K units)
- Finland (0.3K units)
- Norway (0.3K units)
Weaving Machines (Looms) Imports in New Zealand
In 2022, purchases abroad of weaving machines (looms)s was finally on the rise to reach 19 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, showed a precipitous shrinkage. Over the period under review, imports hit record highs at 66 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, weaving machines (looms) imports surged to $123K in 2022. Overall, imports, however, saw a abrupt decline. Over the period under review, imports reached the maximum at $214K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Weaving Machines (Looms) in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 6.5 | N/A | N/A | 90.9 | 140.9% |
| China | 1.4 | 3.5 | 6.4 | 14.1 | 116.0% |
| Netherlands | N/A | N/A | N/A | 10.7 | 0% |
| United States | N/A | N/A | 37.8 | 6.8 | -82.0% |
| Japan | 3.1 | 7.0 | 6.4 | 0.7 | -39.1% |
| Ecuador | N/A | N/A | N/A | N/A | 0% |
| Norway | 125 | 46.7 | N/A | N/A | -62.6% |
| Switzerland | 75.1 | N/A | N/A | N/A | 0% |
| Italy | N/A | 1.9 | N/A | N/A | 0% |
| Others | 2.9 | 0.2 | 0.9 | N/A | -44.3% |
| Total | 214 | 59.4 | 51.4 | 123 | -16.9% |
Top Suppliers of Weaving Machines (Looms) to New Zealand in 2022:
- China (12.0 units)
- Netherlands (3.0 units)
- United States (1.0 units)
- Germany (1.0 units)
- Japan (1.0 units)
- Ecuador (1.0 units)
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