Weaving Machines (Looms) Price in the United Arab Emirates - 2021

Contents:

  1. Weaving Machines (Looms) Price in the United Arab Emirates (FOB) - 2022
  2. Weaving Machines (Looms) Price in the United Arab Emirates (CIF) - 2022
  3. Weaving Machines (Looms) Exports in the United Arab Emirates
  4. Weaving Machines (Looms) Imports in the United Arab Emirates

Weaving Machines (Looms) Price in the United Arab Emirates (FOB) - 2022

The average weaving machines (looms) export price stood at $13,277 per unit in 2022, dropping by -20.1% against the previous year. In general, the export price, however, saw a buoyant increase. The growth pace was the most rapid in 2015 an increase of 107%. The export price peaked at $18,498 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Pakistan ($28,699 per unit), while the average price for exports to India ($13,285 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 Thailand (+21.6%), while the prices for the other major destinations experienced mixed trend patterns.

Weaving Machines (Looms) Price in the United Arab Emirates (CIF) - 2022

In 2022, the average weaving machines (looms) import price amounted to $5,906 per unit, therefore, remained relatively stable against the previous year. Overall, the import price, however, recorded a noticeable slump. The pace of growth appeared the most rapid in 2015 an increase of 101% against the previous year. As a result, import price attained the peak level of $19,386 per unit. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was India ($11,642 per unit), while the price for Japan ($427 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Weaving Machines (Looms) Exports in the United Arab Emirates

Weaving machines (looms) exports from the United Arab Emirates fell rapidly to 153 units in 2022, reducing by -91.4% against the year before. In general, exports showed a significant decrease. The most prominent rate of growth was recorded in 2021 with an increase of 198%. As a result, the exports attained the peak of 1.8K units, and then shrank sharply in the following year.

In value terms, weaving machines (looms) exports reduced rapidly to $2M in 2022. Over the period under review, exports faced a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 168%. As a result, the exports attained the peak of $30M, and then shrank markedly in the following year.

Export of Weaving Machines (Looms) in the United Arab Emirates (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
India9.25.43.51.8-41.9%
Pakistan0.30.1N/A0.1-30.7%
ThailandN/AN/AN/AN/A0%
Iran5.15.425.9N/A125.4%
Others0.30.20.20.1-30.7%
Total14.911.029.62.0-48.8%

Top Export Markets for Weaving Machines (Looms) from the United Arab Emirates in 2022:

  1. India (133.0 units)
  2. Pakistan (5.0 units)
  3. Thailand (3.0 units)

Weaving Machines (Looms) Imports in the United Arab Emirates

In 2022, purchases abroad of weaving machines (looms)s decreased by -72.6% to 595 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 with an increase of 74%. Imports peaked at 2.2K units in 2021, and then fell markedly in the following year.

In value terms, weaving machines (looms) imports reduced notably to $3.5M in 2022. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2020 when imports increased by 70% against the previous year. Imports peaked at $13M in 2021, and then reduced remarkably in the following year.

Import of Weaving Machines (Looms) in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwitzerlandN/AN/AN/A2,6510%
India8531,8955,356407-21.9%
Czech RepublicN/A161N/A92.4-24.2%
BelgiumN/A54726484.5-60.7%
China5462,5801,90753.5-53.9%
Italy84.3158N/A40.7-21.6%
Turkey9911,53169215.2-75.2%
United Kingdom752N/A144N/A-56.2%
Pakistan1,3714621,564N/A6.8%
Others2,2524,3282,799169-57.8%
Total6,85011,66112,7263,514-19.9%

Top Suppliers of Weaving Machines (Looms) to the United Arab Emirates in 2022:

  1. Switzerland (483.0 units)
  2. India (35.0 units)
  3. Belgium (28.0 units)
  4. Italy (13.0 units)
  5. Czech Republic (9.0 units)
  6. China (9.0 units)
  7. Turkey (2.0 units)

Source: IndexBox Market Intelligence Platform

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