Weaving Machines (Looms) Price in Singapore - 2022
Contents:
- Weaving Machines (Looms) Price in Singapore (FOB) - 2022
- Weaving Machines (Looms) Price in Singapore (CIF) - 2022
- Weaving Machines (Looms) Exports in Singapore
- Weaving Machines (Looms) Imports in Singapore
Weaving Machines (Looms) Price in Singapore (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $1,594 per unit, increasing by 11% against the previous year. In general, the export price, however, saw a pronounced setback. The most prominent rate of growth was recorded in 2017 an increase of 57% against the previous year. The export price peaked at $2,794 per unit in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.
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 Canada ($5,041 per unit), while the average price for exports to South Africa ($42 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 Bangladesh (+436.8%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Price in Singapore (CIF) - 2022
The average weaving machines (looms) import price stood at $645 per unit in 2022, surging by 26% against the previous year. In general, the import price showed a buoyant expansion. The most prominent rate of growth was recorded in 2015 an increase of 10,897%. As a result, import price reached the peak level of $18,698 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
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 the United States ($691 per unit), while the price for Israel ($48 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Swaziland (+54,821.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Exports in Singapore
In 2022, overseas shipments of weaving machines (looms)s decreased by -27.1% to 43 units, falling for the second consecutive year after two years of growth. Overall, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2020 when exports increased by 176% against the previous year. As a result, the exports reached the peak of 105 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, weaving machines (looms) exports contracted significantly to $69K in 2022. Over the period under review, exports saw a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 247% against the previous year. As a result, the exports attained the peak of $293K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
| Export of Weaving Machines (Looms) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Thailand | N/A | N/A | 0.2 | 40.5 | 20150.0% |
| Canada | N/A | N/A | N/A | 10.1 | 0% |
| Vietnam | N/A | N/A | 61.9 | 9.1 | -85.3% |
| Indonesia | 7.3 | 0.1 | 0.3 | 4.6 | -14.3% |
| Malaysia | 22.7 | 1.2 | 21.3 | 4.2 | -43.0% |
| China | 2.6 | 291 | 0.8 | N/A | -44.5% |
| United States | 50.5 | N/A | N/A | N/A | 0% |
| South Africa | N/A | N/A | N/A | N/A | 0% |
| Others | 1.5 | 1.5 | 0.4 | N/A | -48.4% |
| Total | 84.4 | 293 | 84.7 | 68.5 | -6.7% |
Top Export Markets for Weaving Machines (Looms) from Singapore in 2022:
- Thailand (22.0 units)
- Vietnam (9.0 units)
- Indonesia (7.0 units)
- Canada (2.0 units)
- Malaysia (2.0 units)
- South Africa (1.0 units)
Weaving Machines (Looms) Imports in Singapore
Weaving machines (looms) imports into Singapore skyrocketed to 507 units in 2022, increasing by 705% compared with 2021 figures. Overall, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) imports soared to $327K in 2022. Over the period under review, imports posted a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Weaving Machines (Looms) in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 11.9 | 8.2 | 9.3 | 223 | 165.6% |
| Malaysia | 0.7 | 23.9 | 0.2 | 90.5 | 405.7% |
| New Zealand | N/A | 3.7 | 0.2 | 1.4 | -38.5% |
| Israel | N/A | N/A | N/A | 0.6 | 0% |
| China | 11.7 | N/A | 5.1 | 0.5 | -65.0% |
| Thailand | 7.5 | N/A | N/A | N/A | 0% |
| Japan | 20.9 | 91.2 | 7.3 | N/A | -40.9% |
| Iran | 0.7 | N/A | N/A | N/A | 0% |
| Turkey | 0.7 | N/A | N/A | N/A | 0% |
| Others | 5.6 | 3.3 | 10.1 | 11.3 | 26.4% |
| Total | 59.6 | 130 | 32.2 | 327 | 76.4% |
Top Suppliers of Weaving Machines (Looms) to Singapore in 2022:
- United States (322.0 units)
- Malaysia (145.0 units)
- Israel (12.0 units)
- New Zealand (9.0 units)
- China (2.0 units)
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