Weaving Machines (Looms) Price in Turkey - 2023
Contents:
- Weaving Machines (Looms) Price in Turkey (CIF) - 2023
- Weaving Machines (Looms) Price in Turkey (FOB) - 2022
- Weaving Machines (Looms) Imports in Turkey
- Weaving Machines (Looms) Exports in Turkey
Weaving Machines (Looms) Price in Turkey (CIF) - 2023
The average weaving machines (looms) import price stood at $33,095 per unit in September 2023, shrinking by -36.6% against the previous month. Over the period under review, the import price showed a perceptible curtailment. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 56% m-o-m. The import price peaked at $76,998 per unit in June 2023; however, from July 2023 to September 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($68,196 per unit), while the price for China ($10,747 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Germany (+16.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Turkey (FOB) - 2022
The average weaving machines (looms) export price stood at $10,863 per unit in 2022, which is down by -5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.4%. The most prominent rate of growth was recorded in 2016 an increase of 34%. As a result, the export price attained the peak level of $15,313 per unit. From 2017 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Egypt ($18,580 per unit), while the average price for exports to Pakistan ($6,398 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 China (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Turkey
In 2022, supplies from abroad of weaving machines (looms)s decreased by -0.9% to 5.5K units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2020 with an increase of 66% against the previous year. Imports peaked at 5.5K units in 2021, and then reduced in the following year.
In value terms, weaving machines (looms) imports contracted rapidly to $299M in 2022. Over the period under review, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 with an increase of 150% against the previous year. Over the period under review, imports attained the maximum at $421M in 2021, and then contracted dramatically in the following year.
| Import of Weaving Machines (Looms) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 71.7 | 178 | 236 | 191 | 38.6% |
| Italy | 17.0 | 69.6 | 69.0 | 57.0 | 49.7% |
| China | 7.7 | 8.5 | 26.1 | 20.5 | 38.6% |
| Switzerland | 9.1 | 7.8 | 24.6 | 10.4 | 4.6% |
| Japan | 9.9 | 10.3 | 10.0 | 5.7 | -16.8% |
| Austria | 4.6 | 2.5 | 7.7 | 3.8 | -6.2% |
| Others | 4.3 | 34.8 | 46.8 | 10.4 | 34.2% |
| Total | 124 | 311 | 421 | 299 | 34.1% |
Top Suppliers of Weaving Machines (Looms) to Turkey in 2022:
- Belgium (2487.0 units)
- China (1282.0 units)
- Italy (1055.0 units)
- Switzerland (194.0 units)
- Japan (135.0 units)
- Austria (132.0 units)
Weaving Machines (Looms) Exports in Turkey
In 2022, the amount of weaving machines (looms)s exported from Turkey skyrocketed to 3K units, increasing by 58% compared with 2021 figures. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.0% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) exports surged to $33M in 2022. Over the period under review, total exports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +8.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +91.7% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms) in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Iran | 4.6 | 5.8 | 6.2 | 8.5 | 22.7% |
| India | 6.5 | 2.1 | 2.8 | 7.0 | 2.5% |
| Egypt | 1.7 | 0.3 | 1.0 | 5.8 | 50.5% |
| Pakistan | 2.0 | 2.0 | 3.2 | 1.3 | -13.4% |
| Afghanistan | N/A | N/A | 0.1 | 1.2 | 1100.0% |
| United Arab Emirates | N/A | N/A | N/A | 1.1 | 0% |
| China | 1.8 | 1.1 | 0.8 | 0.9 | -20.6% |
| Bangladesh | 1.2 | N/A | 0.9 | 0.3 | -37.0% |
| Iraq | N/A | 0.4 | N/A | N/A | 0% |
| Others | 8.0 | 5.4 | 6.8 | 6.5 | -6.7% |
| Total | 25.9 | 17.0 | 21.7 | 32.5 | 7.9% |
Top Export Markets for Weaving Machines (Looms) from Turkey in 2022:
- Iran (967.0 units)
- India (873.0 units)
- Egypt (310.0 units)
- Pakistan (202.0 units)
- Afghanistan (134.0 units)
- United Arab Emirates (80.0 units)
- China (71.0 units)
- Bangladesh (35.0 units)
- Iraq (16.0 units)
276
This report provides an in-depth analysis of the weaving machine market in Turkey.
496
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Turkey.
349
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
1133
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
276
This report provides an in-depth analysis of the weaving machine market in Turkey.
349
Global Weaving Machine Market Report 2018. This report provides an in-depth analysis of the global weaving machine market.
1100
In value terms, weaving machines imports totaled $X in 2016. Overall, weaving machines imports continue to indicate a measured descent. Over the period under review, global weaving machines imports...
651
In value terms, machinery for manufacture and finishing felt imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the t...
647
In value terms, machinery for washing imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated ...
956
In value terms, machinery for preparing, tanning and working hides imports stood at $X in 2016. Overall, it indicated a remarkable expansion from 2007 to 2016: the total imports value increased at ...
692
In value terms, office machines imports totaled $X in 2016. In general, office machines imports continue to indicate a slight deduction. In that year, global office machines imports attained its ma...
761
In value terms, weaving machines exports stood at $X in 2016. In general, weaving machines exports continue to indicate a slight descent. Over the period under review, global weaving machines expor...
558
In value terms, machinery for manufacture and finishing felt exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; h...
673
In value terms, machinery for washing exports stood at $X in 2016. The total export value increased at an average annual rate of +X% from 2007 to 2016; however, the trend pattern indicated some n...
639
In value terms, machinery for preparing, tanning and working hides exports stood at $X in 2016. Overall, it indicated a moderate expansion from 2007 to 2016: the total exports value increased at an a...
643
In value terms, office machines exports amounted to $X in 2016. In general, office machines exports continue to indicate a mild descent. In that year, global office machines exports reached its max...
