Weaving Machines (Looms) Price in Uzbekistan - 2023

Contents:

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

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

In 2022, the average weaving machines (looms) import price amounted to $17,090 per unit, dropping by -52.8% against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth was the most pronounced in 2021 an increase of 56% against the previous year. Over the period under review, average import prices reached the peak figure at $41,204 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Belgium ($121,386 per unit), while the price for China ($8,838 per unit) was amongst the lowest.

From 2017 to 2022, the most notable rate of growth in terms of prices was attained by Kazakhstan (+38.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average weaving machines (looms) export price amounted to $1,678 per unit, shrinking by -91.1% against the previous year. In general, the export price saw a significant decrease. The pace of growth appeared the most rapid in 2019 when the average export price increased by 2,505%. The export price peaked at $18,917 per unit in 2021, and then reduced rapidly in the following year.

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 Tajikistan ($11,174 per unit), while the average price for exports to Pakistan amounted to $972 per unit.

From 2017 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Tajikistan (-9.8%).

Weaving Machines (Looms) Imports in Uzbekistan

In 2022, overseas purchases of weaving machines (looms)s were finally on the rise to reach 3.2K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, weaving machines (looms) imports soared to $54M in 2022. In general, imports, however, recorded a deep contraction. Over the period under review, imports attained the maximum at $77M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Weaving Machines (Looms) in Uzbekistan (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China13.78.78.223.720.0%
Belgium20.86.68.610.4-20.6%
Italy2.12.84.65.235.3%
LatviaN/AN/AN/A4.90%
KazakhstanN/AN/AN/A3.30%
Austria6.02.10.2N/A-81.7%
Others34.214.715.57.0-41.1%
Total76.834.937.154.5-10.8%

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

  1. China (2683.0 units)
  2. Kazakhstan (147.0 units)
  3. Latvia (125.0 units)
  4. Belgium (86.0 units)
  5. Italy (71.0 units)

Weaving Machines (Looms) Exports in Uzbekistan

In 2022, weaving machines (looms) exports from Uzbekistan skyrocketed to 259 units, rising by 502% against the year before. Overall, exports showed significant growth. The pace of growth was the most pronounced in 2021 with an increase of 975% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, weaving machines (looms) exports shrank notably to $435K in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 1,551% against the previous year. As a result, the exports reached the peak of $813K, and then plummeted in the following year.

Export of Weaving Machines (Looms) in Uzbekistan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PakistanN/AN/A310233-24.8%
Tajikistan60.741.420720149.1%
RussiaN/AN/A296N/A0%
Others1.17.9N/A0.1-55.0%
Total61.849.381343591.6%

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

  1. Pakistan (240.0 units)
  2. Tajikistan (18.0 units)

Source: IndexBox Market Intelligence Platform

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