Price for Textile Machinery; Spinning Machines in the UK - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in the UK (FOB) - 2022
- Price for Textile Machinery; Spinning Machines in the UK (CIF) - 2022
- Exports of Textile Machinery; Spinning Machines in the UK
- Imports of Textile Machinery; Spinning Machines in the UK
Price for Textile Machinery; Spinning Machines in the UK (FOB) - 2022
The average textile machinery; spinning machines export price stood at $4,103 per unit in 2022, declining by -81.8% against the previous year. In general, the export price, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2021 an increase of 1,068%. Over the period under review, the average export prices hit record highs at $37,229 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Hong Kong SAR ($21,926 per unit), while the average price for exports to Mexico ($767 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 France (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textile Machinery; Spinning Machines in the UK (CIF) - 2022
The average textile machinery; spinning machines import price stood at $225 per unit in 2022, with a decrease of -54.1% against the previous year. Overall, the import price showed a abrupt setback. The growth pace was the most rapid in 2020 an increase of 372%. As a result, import price reached the peak level of $1,155 per unit. From 2021 to 2022, the average import prices failed to regain momentum.
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 Spain ($4,513 per unit), while the price for France ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+119.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textile Machinery; Spinning Machines in the UK
In 2022, overseas shipments of textile machinery; spinning machineses increased by 9.4% to 35 units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a sharp downturn. Over the period under review, the exports reached the peak figure at 245 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, textile machinery; spinning machines exports shrank notably to $144K in 2022. Overall, exports, however, saw a precipitous decrease. The pace of growth appeared the most rapid in 2021 with an increase of 140% against the previous year. The exports peaked at $1.2M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Textile Machinery; Spinning Machines in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | N/A | N/A | 20.6 | 43.1 | 109.2% |
| Germany | N/A | N/A | N/A | 43.1 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 21.9 | 0% |
| United Arab Emirates | 1.0 | N/A | N/A | 12.7 | 133.3% |
| France | N/A | N/A | N/A | 6.8 | 0% |
| Mexico | N/A | N/A | N/A | 6.1 | 0% |
| United States | 9.5 | 159 | N/A | 3.7 | -27.0% |
| Ireland | N/A | N/A | 56.8 | 2.5 | -95.6% |
| Poland | 399 | N/A | 1.4 | 1.2 | -85.6% |
| Finland | N/A | N/A | N/A | 1.2 | 0% |
| Australia | N/A | N/A | N/A | 1.1 | 0% |
| Taiwan (Chinese) | 4.6 | N/A | N/A | N/A | 0% |
| Netherlands | 756 | N/A | N/A | N/A | 0% |
| Others | 27.4 | 142 | 641 | N/A | 383.7% |
| Total | 1,197 | 301 | 720 | 144 | -50.6% |
Top Export Markets for Textile Machinery; Spinning Machines from the UK in 2022:
- United Arab Emirates (10.0 units)
- Mexico (8.0 units)
- Germany (4.0 units)
- United States (3.0 units)
- Austria (3.0 units)
- France (2.0 units)
- Australia (1.0 units)
- Poland (1.0 units)
- Finland (1.0 units)
- Ireland (1.0 units)
- Hong Kong SAR (1.0 units)
Imports of Textile Machinery; Spinning Machines in the UK
In 2022, the amount of textile machinery; spinning machineses imported into the UK surged to 12K units, with an increase of 1,296% on the previous year. Overall, imports enjoyed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, textile machinery; spinning machines imports surged to $2.7M in 2022. Over the period under review, imports posted a significant expansion. The pace of growth was the most pronounced in 2020 with an increase of 833%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Textile Machinery; Spinning Machines in the UK (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | N/A | 2.1 | N/A | 1,877 | 2889.7% |
| Italy | N/A | N/A | N/A | 492 | 0% |
| New Zealand | 105 | 108 | 147 | 153 | 13.4% |
| United States | 23.5 | 154 | 62.7 | 46.4 | 25.5% |
| Spain | N/A | 970 | 205 | 22.6 | -84.7% |
| Turkey | N/A | N/A | N/A | 21.5 | 0% |
| France | N/A | N/A | N/A | 7.6 | 0% |
| Others | 6.0 | 22.8 | 9.9 | 97.6 | 153.4% |
| Total | 135 | 1,257 | 424 | 2,717 | 172.0% |
Top Suppliers of Textile Machinery; Spinning Machines to the UK in 2022:
- Spain (undefinedK units)
- Germany (9.2K units)
- Italy (1.0K units)
- New Zealand (0.9K units)
- Turkey (0.3K units)
- France (0.3K units)
- United States (0.2K units)
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