Weaving Machines (Looms) Price in Russia - 2022

Contents:

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

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

In 2022, the average weaving machines (looms) import price amounted to $19,204 per unit, rising by 152% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. Over the period under review, average import prices attained the peak figure at $27,465 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($34,854 per unit), while the price for India ($9,878 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average weaving machines (looms) export price amounted to $23,318 per unit, with a decrease of -19.6% against the previous year. Over the period under review, the export price, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 when the average export price increased by 3,602%. As a result, the export price reached the peak level of $29,013 per unit, and then shrank sharply in the following year.

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 India ($50,507 per unit), while the average price for exports to Armenia ($165 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 Turkey (+47.6%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Russia

In 2022, imports of weaving machines (looms)s into Russia dropped dramatically to 932 units, which is down by -79% on 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 255%. As a result, imports attained the peak of 4.4K units, and then dropped rapidly in the following year.

In value terms, weaving machines (looms) imports plummeted to $18M in 2022. In general, imports saw a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 46% against the previous year. As a result, imports attained the peak of $34M, and then declined significantly in the following year.

Import of Weaving Machines (Looms) in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2.25.86.65.535.7%
Austria3.42.82.12.1-14.8%
GermanyN/A1.73.11.70.0%
Belgium9.01.31.41.4-46.2%
Turkey0.30.40.40.732.6%
India0.51.70.60.711.9%
ArmeniaN/AN/AN/AN/A0%
Italy1.40.73.3N/A53.5%
Belarus0.1N/A0.3N/A73.2%
Others15.98.915.95.8-28.5%
Total32.923.233.817.9-18.4%

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

  1. China (456.0 units)
  2. Austria (126.0 units)
  3. Germany (108.0 units)
  4. India (67.0 units)
  5. Belgium (41.0 units)
  6. Turkey (32.0 units)

Weaving Machines (Looms) Exports in Russia

In 2022, after three years of growth, there was significant decline in shipments abroad of weaving machines (looms)s, when their volume decreased by -61.5% to 62 units. In general, exports, however, recorded prominent growth. The pace of growth was the most pronounced in 2020 when exports increased by 137% against the previous year. Over the period under review, the exports hit record highs at 161 units in 2021, and then shrank rapidly in the following year.

In value terms, weaving machines (looms) exports fell significantly to $1.4M in 2022. Overall, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 4,746%. As a result, the exports reached the peak of $4.7M, and then shrank notably in the following year.

Export of Weaving Machines (Looms) in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/A2,798849-69.7%
ItalyN/AN/AN/A2720%
IndiaN/AN/A67650.5-92.5%
KazakhstanN/A17.618.61.0-76.2%
Spain0.9N/AN/A0.3-30.7%
ArmeniaN/AN/AN/A0.20%
TajikistanN/A13.6N/AN/A0%
Uzbekistan55.261.326.2N/A-31.1%
IranN/AN/A955N/A0%
Others73.74.019727254.5%
Total13096.44,6711,446123.2%

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

  1. Pakistan (37.0 units)
  2. Italy (8.0 units)
  3. Kazakhstan (4.0 units)
  4. India (1.0 units)
  5. Armenia (1.0 units)
  6. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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