Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States - 2024
Contents:
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (CIF) - 2022
- Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (FOB) - 2024
- Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States
- Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (CIF) - 2022
The average import price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $35,563 per unit in 2022, dropping by -4.7% against the previous year. In general, the import price, however, recorded modest growth. The most prominent rate of growth was recorded in 2018 when the average import price increased by 97%. As a result, import price attained the peak level of $66,572 per unit. From 2019 to 2022, the average import prices remained 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 Germany ($100,353 per unit), while the price for Taiwan (Chinese) ($4,175 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (FOB) - 2024
The average export price for textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses stood at $11,651 per unit in February 2024, growing by 7.9% against the previous month. Over the period under review, the export price, however, showed a perceptible descent. The most prominent rate of growth was recorded in December 2023 when the average export price increased by 342% m-o-m. As a result, the export price reached the peak level of $16,987 per unit; afterwards, it flattened through to February 2024.
Prices varied noticeably by the country of destination: the country with the highest price was Singapore ($20,000 per unit), while the average price for exports to the UK ($4,100 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to India (+7.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States
In 2022, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses into the United States surged to 3.4K units, rising by 126% against the previous year's figure. In general, imports recorded strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses surged to $122M in 2022. Overall, imports continue to indicate a resilient expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
Import of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 51.7 | 21.7 | 22.6 | 83.8 | 17.5% |
China | 3.4 | 2.7 | 10.6 | 17.3 | 72.0% |
Italy | 17.0 | 6.9 | 15.4 | 9.9 | -16.5% |
United Kingdom | 2.0 | 2.4 | 0.6 | 2.8 | 11.9% |
Portugal | N/A | N/A | N/A | 1.3 | 0% |
Taiwan (Chinese) | 0.1 | 0.4 | 0.3 | 0.5 | 71.0% |
Japan | 4.8 | 0.1 | 0.1 | 0.2 | -65.3% |
South Korea | 3.8 | 1.1 | 1.5 | 0.1 | -70.3% |
Others | 4.4 | 6.2 | 5.4 | 6.0 | 10.9% |
Total | 87.2 | 41.6 | 56.5 | 122 | 11.8% |
Top Suppliers of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials to the United States in 2022:
- China (1733.0 units)
- Germany (835.0 units)
- Portugal (293.0 units)
- Italy (223.0 units)
- Taiwan (Chinese) (109.0 units)
- United Kingdom (61.0 units)
- Japan (38.0 units)
- South Korea (5.0 units)
Exports of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States
After three years of growth, overseas shipments of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses decreased by -62.8% to 1.2K units in 2022. Over the period under review, exports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2021 with an increase of 30%. As a result, the exports reached the peak of 3.3K units, and then contracted remarkably in the following year.
In value terms, exports of textile machinery; for extruding, drawing, texturing or cutting man-made textile materialses reduced notably to $17M in 2022. In general, exports showed a deep setback. The pace of growth appeared the most rapid in 2021 with an increase of 21% against the previous year. As a result, the exports attained the peak of $45M, and then contracted dramatically in the following year.
Export of Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials in the United States (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 1.0 | 6.5 | 1.6 | 3.5 | 51.8% |
Malaysia | 0.4 | N/A | 3.3 | 3.4 | 104.1% |
Egypt | N/A | N/A | 0.2 | 1.5 | 650.0% |
Mexico | 5.3 | 0.9 | 3.6 | 1.5 | -34.3% |
Germany | 0.2 | N/A | N/A | 1.1 | 76.5% |
Singapore | N/A | N/A | N/A | 0.8 | 0% |
Israel | 1.1 | 0.2 | N/A | 0.7 | -14.0% |
Ireland | N/A | 0.1 | 1.6 | 0.6 | 144.9% |
El Salvador | 0.2 | N/A | N/A | 0.6 | 44.2% |
Canada | 0.4 | 0.8 | 1.0 | 0.5 | 7.7% |
Poland | 3.2 | 0.9 | 0.4 | 0.5 | -46.1% |
France | 0.1 | 0.4 | 1.4 | 0.4 | 58.7% |
Dominican Republic | N/A | 0.2 | 0.2 | 0.2 | 0.0% |
Others | 19.3 | 27.6 | 32.0 | 1.4 | -58.3% |
Total | 31.2 | 37.4 | 45.3 | 16.9 | -18.5% |
Top Export Markets for Textile Machinery; for Extruding, Drawing, Texturing or Cutting Man-Made Textile Materials from the United States in 2022:
- China (252.0 units)
- Malaysia (241.0 units)
- Mexico (114.0 units)
- Germany (98.0 units)
- Egypt (73.0 units)
- Singapore (60.0 units)
- Israel (53.0 units)
- Canada (50.0 units)
- Ireland (42.0 units)
- El Salvador (41.0 units)
- Poland (34.0 units)
- France (27.0 units)
- Dominican Republic (20.0 units)
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