Weaving Machines (Looms) Price in Serbia - 2024

Contents:

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

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

The average weaving machines (looms) import price stood at $43,467 per unit in 2022, surging by 271% against the previous year. Overall, the import price, however, saw a perceptible shrinkage. The import price peaked at $69,311 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($67,670 per unit), while the price for South Korea ($122 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+1.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average weaving machines (looms) export price amounted to $12,711 per unit, growing by 297% against the previous year. Overall, the export price, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 372% against the previous year. The export price peaked at $16,538 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($27,315 per unit), while the average price for exports to Montenegro amounted to $1,028 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+82.5%), while the prices for the other major destinations experienced more modest paces of growth.

Weaving Machines (Looms) Imports in Serbia

In 2022, overseas purchases of weaving machines (looms)s decreased by -64.3% to 10 units, falling for the second consecutive year after two years of growth. In general, imports faced a deep slump. The growth pace was the most rapid in 2020 with an increase of 169% against the previous year. As a result, imports attained the peak of 43 units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, weaving machines (looms) imports skyrocketed to $435K in 2022. Over the period under review, imports, however, enjoyed a significant increase. The growth pace was the most rapid in 2020 when imports increased by 575%. As a result, imports reached the peak of $1.7M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Weaving Machines (Looms) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/A508109212-35.4%
Germany109N/A5.920323.0%
China0.219268.319.2357.9%
South KoreaN/AN/AN/A0.10%
AustriaN/A929N/AN/A0%
United Kingdom17.8N/AN/AN/A0%
Italy1216.8118N/A-1.2%
TurkeyN/AN/A8.3N/A0%
OthersN/A31.418.6N/A-40.8%
Total2471,66732843520.8%

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

  1. Switzerland (4.0 units)
  2. Germany (3.0 units)
  3. China (2.0 units)
  4. South Korea (1.0 units)

Weaving Machines (Looms) Exports in Serbia

In 2022, exports of weaving machines (looms)s from Serbia surged to 9 units, increasing by 200% against the year before. Overall, exports, however, continue to indicate a sharp contraction. The exports peaked at 55 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, weaving machines (looms) exports surged to $114K in 2022. In general, exports, however, showed a dramatic curtailment. The exports peaked at $261K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Weaving Machines (Looms) in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
IndiaN/AN/AN/A1090%
MontenegroN/AN/AN/A5.10%
Uzbekistan26.6N/A3.5N/A-63.7%
GreeceN/A221N/AN/A0%
Italy4.5N/AN/AN/A0%
Netherlands228N/AN/AN/A0%
PakistanN/A34.3N/AN/A0%
Others1.3N/A6.1N/A116.6%
Total2612559.6114-24.1%

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

  1. Montenegro (5.0 units)
  2. India (4.0 units)

Source: IndexBox Market Intelligence Platform

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