Weaving Machines (Looms) Price in Venezuela - 2022

Contents:

  1. Weaving Machines (Looms) Price in Venezuela (CIF) - 2022
  2. Weaving Machines (Looms) Imports in Venezuela

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

The average weaving machines (looms) import price stood at $3,463 per unit in 2022, picking up by 236% against the previous year. In general, the import price, however, faced a abrupt downturn. The import price peaked at $57,318 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 Switzerland ($16,320 per unit), while the price for Peru ($14 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+30.2%), while the prices for the other major suppliers experienced a decline.

Weaving Machines (Looms) Imports in Venezuela

In 2022, approx. 8 units of weaving machines (looms)s were imported into Venezuela; standing approx. at the year before. Overall, imports showed a relatively flat trend pattern. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, weaving machines (looms) imports soared to $28K in 2022. In general, imports saw a significant decrease. Over the period under review, imports hit record highs at $195K in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Weaving Machines (Looms) in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland12225.85.316.3-48.9%
Colombia40.79.22.06.6-45.5%
Panama11.92.90.72.5-40.6%
China15.62.7N/A1.4-55.2%
United States4.00.80.20.5-50.0%
India0.10.10.10.458.7%
Italy0.60.1N/A0.1-45.0%
Peru0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total19541.68.227.7-47.8%

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

  1. Italy (1.0 units)
  2. Colombia (1.0 units)
  3. Panama (1.0 units)
  4. India (1.0 units)
  5. United States (1.0 units)
  6. China (1.0 units)
  7. Peru (1.0 units)
  8. Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

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