Price for Textile Machinery; Spinning Machines in Serbia - 2023
Contents:
- Price for Textile Machinery; Spinning Machines in Serbia (CIF) - 2022
- Price for Textile Machinery; Spinning Machines in Serbia (FOB) - 2022
- Imports of Textile Machinery; Spinning Machines in Serbia
- Exports of Textile Machinery; Spinning Machines in Serbia
Price for Textile Machinery; Spinning Machines in Serbia (CIF) - 2022
The average textile machinery; spinning machines import price stood at $2,637 per unit in 2022, rising by 4.4% against the previous year. Over the period under review, the import price, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 an increase of 17,240%. Over the period under review, average import prices hit record highs at $17,363 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($4,476 per unit), while the price for Germany totaled $2,546 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+16.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Textile Machinery; Spinning Machines in Serbia (FOB) - 2022
In 2022, the average textile machinery; spinning machines export price amounted to $11,342 per unit, remaining constant against the previous year. In general, the export price saw significant growth. The most prominent rate of growth was recorded in 2013 an increase of 3,148%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the near future.
As there is only one major export destination, the average price level is determined by prices for Bosnia and Herzegovina.
From 2012 to 2022, the rate of growth in terms of prices for Bosnia and Herzegovina amounted to +53.7% per year.
Imports of Textile Machinery; Spinning Machines in Serbia
In 2022, overseas purchases of textile machinery; spinning machineses increased by 91% to 21 units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt shrinkage. Imports peaked at 29 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, textile machinery; spinning machines imports skyrocketed to $55K in 2022. In general, imports, however, saw a sharp contraction. Imports peaked at $504K in 2019; however, from 2020 to 2022, imports failed to regain momentum.
Import of Textile Machinery; Spinning Machines in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 4.7 | 15.4 | 10.0 | 50.9 | 121.2% |
Belgium | 2.1 | 1.8 | 0.8 | 4.5 | 28.9% |
China | 16.2 | 10.9 | 4.1 | N/A | -49.7% |
Bosnia and Herzegovina | 1.7 | 0.8 | 0.2 | N/A | -65.7% |
Italy | 385 | 53.1 | 7.6 | N/A | -85.9% |
Turkey | 27.8 | 15.5 | 4.4 | N/A | -60.2% |
Others | 66.2 | 0.9 | 0.7 | N/A | -89.7% |
Total | 504 | 98.4 | 27.8 | 55.4 | -52.1% |
Top Suppliers of Textile Machinery; Spinning Machines to Serbia in 2022:
- Germany (20.0 units)
- Belgium (1.0 units)
Exports of Textile Machinery; Spinning Machines in Serbia
Textile machinery; spinning machines exports from Serbia dropped significantly to 1 units in 2022, waning by -50% compared with the previous year's figure. Over the period under review, exports saw a dramatic setback. Over the period under review, the exports attained the peak figure at 2 units in 2021, and then contracted remarkably in the following year.
In value terms, textile machinery; spinning machines exports fell sharply to $11K in 2022. Overall, exports recorded a precipitous curtailment. Over the period under review, the exports reached the maximum at $23K in 2021, and then fell markedly in the following year.
Export of Textile Machinery; Spinning Machines in Serbia (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
Bosnia and Herzegovina | 3.3 | 11.3 | 242.4% | ||
Italy | 19.3 | N/A | 0% | ||
Others | 0.1 | N/A | 0% | ||
Total | 22.7 | 11.3 | -50.2% |
Top Export Markets for Textile Machinery; Spinning Machines from Serbia in 2022:
- Bosnia and Herzegovina (1.0 units)
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Serbia.
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Global Textile Spinning Machine Market Report 2018. This report provides an in-depth analysis of the global textile spinning machine market.
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