Weaving Machines (Looms) Price in Saudi Arabia - 2021
Contents:
- Weaving Machines (Looms) Price in Saudi Arabia (FOB) - 2022
- Weaving Machines (Looms) Exports in Saudi Arabia
Weaving Machines (Looms) Price in Saudi Arabia (FOB) - 2022
In 2021, the average weaving machines (looms) export price amounted to $7,316 per unit, growing by 17% against the previous year. Overall, the export price saw measured growth. The export price peaked at $7,581 per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($7,322 per unit), while the average price for exports to Pakistan ($1,768 per unit) was amongst the lowest.
From 2014 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+444,874.5%).
Weaving Machines (Looms) Exports in Saudi Arabia
In 2021, approx. 137 units of weaving machines (looms)s were exported from Saudi Arabia; shrinking by -28.3% compared with the previous year's figure. Overall, exports recorded a sharp decline. The exports peaked at 191 units in 2020, and then declined dramatically in the following year.
In value terms, weaving machines (looms) exports contracted remarkably to $1M in 2021. Over the period under review, exports saw a deep contraction. The exports peaked at $1.2M in 2020, and then declined remarkably in the following year.
| Export of Weaving Machines (Looms) in Saudi Arabia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | CAGR, 2019-2021 | |
| Turkey | N/A | 757 | 536 | -29.2% | |
| Belgium | N/A | N/A | 263 | 0% | |
| Pakistan | N/A | N/A | 8.5 | 0% | |
| United Kingdom | N/A | 437 | N/A | 0% | |
| Others | N/A | N/A | 195 | 0% | |
| Total | N/A | 1,193 | 1,002 | -16.0% | |
Top Export Markets for Weaving Machines (Looms) from Saudi Arabia in 2022:
- Turkey (76.0 units)
- Belgium (36.0 units)
- Pakistan (5.0 units)
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