Weaving Machines (Looms) Price in Australia - 2023
Contents:
- Weaving Machines (Looms) Price in Australia (CIF) - 2022
- Weaving Machines (Looms) Price in Australia (FOB) - 2022
- Weaving Machines (Looms) Imports in Australia
- Weaving Machines (Looms) Exports in Australia
Weaving Machines (Looms) Price in Australia (CIF) - 2022
In 2022, the average weaving machines (looms) import price amounted to $5,768 per unit, rising by 106% against the previous year. Over the period under review, the import price, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 an increase of 138%. The import price peaked at $51,825 per unit in 2014; however, from 2015 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 the Netherlands ($18,270 per unit), while the price for Canada ($1,417 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+27.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Australia (FOB) - 2022
In 2022, the average weaving machines (looms) export price amounted to $969 per unit, shrinking by -58% against the previous year. Over the period under review, the export price continues to indicate a deep downturn. The growth pace was the most rapid in 2021 when the average export price increased by 2,207%. The export price peaked at $6,542 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($5,229 per unit), while the average price for exports to New Zealand ($65 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 Malaysia (+379.7%), while the prices for the other major destinations experienced more modest paces of growth.
Weaving Machines (Looms) Imports in Australia
In 2022, purchases abroad of weaving machines (looms)s decreased by -83.8% to 58 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 1,115%. Imports peaked at 358 units in 2021, and then fell dramatically in the following year.
In value terms, weaving machines (looms) imports reduced remarkably to $335K in 2022. In general, imports, however, recorded a significant increase. The pace of growth was the most pronounced in 2020 when imports increased by 651% against the previous year. Imports peaked at $1M in 2021, and then contracted sharply in the following year.
| Import of Weaving Machines (Looms) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 51.9 | 58.4 | 113 | 73.1 | 12.1% |
| Italy | N/A | N/A | 148 | 66.4 | -55.1% |
| China | 3.6 | 293 | 533 | 42.1 | 127.0% |
| United States | 24.6 | 12.3 | 71.7 | 36.4 | 14.0% |
| Japan | 11.8 | 36.4 | 51.2 | 33.2 | 41.2% |
| New Zealand | 15.2 | 23.9 | 32.1 | 29.8 | 25.2% |
| Canada | N/A | 1.6 | 2.8 | 1.4 | -6.5% |
| Norway | N/A | 367 | 47.0 | N/A | -87.2% |
| Others | 12.1 | 101 | 5.7 | 52.2 | 62.8% |
| Total | 119 | 895 | 1,004 | 335 | 41.2% |
Top Suppliers of Weaving Machines (Looms) to Australia in 2022:
- China (27.0 units)
- New Zealand (9.0 units)
- Japan (8.0 units)
- Italy (6.0 units)
- Netherlands (4.0 units)
- United States (2.0 units)
- Canada (1.0 units)
Weaving Machines (Looms) Exports in Australia
In 2022, the amount of weaving machines (looms)s exported from Australia soared to 511 units, growing by 131% compared with the previous year's figure. Overall, exports saw a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, weaving machines (looms) exports contracted modestly to $495K in 2022. Over the period under review, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 4,372%. As a result, the exports attained the peak of $509K, and then reduced modestly in the following year.
| Export of Weaving Machines (Looms) in Australia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 50.5 | N/A | N/A | 261 | 72.9% |
| United States | 11.4 | 4.6 | 2.6 | 178 | 149.9% |
| Malaysia | N/A | 2.4 | 5.7 | 22.2 | 204.1% |
| China | N/A | N/A | 381 | 6.3 | -98.3% |
| New Zealand | 1.8 | 0.4 | 0.6 | 5.4 | 44.2% |
| Indonesia | N/A | N/A | N/A | 3.3 | 0% |
| Taiwan (Chinese) | N/A | N/A | N/A | 1.6 | 0% |
| Cambodia | N/A | N/A | N/A | 1.5 | 0% |
| United Kingdom | N/A | 2.7 | N/A | N/A | 0% |
| Canada | 4.4 | N/A | N/A | N/A | 0% |
| Others | 30.6 | 1.2 | 119 | 15.7 | -19.9% |
| Total | 98.6 | 11.4 | 509 | 495 | 71.2% |
Top Export Markets for Weaving Machines (Looms) from Australia in 2022:
- United States (271.0 units)
- New Zealand (83.0 units)
- India (50.0 units)
- Malaysia (28.0 units)
- Taiwan (Chinese) (19.0 units)
- Indonesia (17.0 units)
- Cambodia (10.0 units)
- China (3.0 units)
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