Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium - 2023

Contents:

  1. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (CIF) - 2022
  2. Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (FOB) - 2022
  3. Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium
  4. Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (CIF) - 2022

In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $217 per unit, waning by -47.5% against the previous year. Over the period under review, the import price saw a precipitous decline. The pace of growth appeared the most rapid in 2016 an increase of 22%. Over the period under review, average import prices reached the peak figure at $31,045 per unit in 2012; however, from 2013 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 Turkey ($1,155 per unit), while the price for Taiwan (Chinese) ($40 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+105.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (FOB) - 2022

In 2022, the average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $716 per unit, dropping by -42.1% against the previous year. Overall, the export price recorded a precipitous contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 20,272% against the previous year. As a result, the export price reached the peak level of $40,859 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

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 Switzerland ($5,032 per unit), while the average price for exports to Germany ($192 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 Germany (+46.1%), while the prices for the other major destinations experienced a decline.

Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium

Imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses into Belgium rose rapidly to 684 units in 2022, increasing by 10% compared with 2021 figures. Overall, imports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 305%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses surged to $441K in 2022. In general, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 86%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
JapanN/A13919132653.1%
China0.910.421.385.6356.5%
South Korea12.3N/AN/A23.323.7%
Turkey33.2N/AN/A1.2-66.9%
PortugalN/AN/A72.9N/A0%
Taiwan (Chinese)2.3N/AN/AN/A0%
Others59.29.29.85.6-54.4%
Total10815829544159.8%

Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Belgium in 2022:

  1. Japan (504.0 units)
  2. China (134.0 units)
  3. South Korea (36.0 units)
  4. Turkey (1.0 units)
  5. Taiwan (Chinese) (1.0 units)

Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium

In 2022, approx. 258 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were exported from Belgium; increasing by 24% against 2021. Over the period under review, exports saw significant growth. The growth pace was the most rapid in 2020 when exports increased by 1,750% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $377K in 2022. In general, exports showed significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 724% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Belgium (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FranceN/A16021133644.9%
Serbia12.3N/AN/A24.025.0%
GermanyN/A0.15.80.241.4%
CyprusN/AN/A2.4N/A0%
Others7.21.020.816.130.8%
Total19.5161240377168.4%

Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Belgium in 2022:

  1. France (227.0 units)
  2. Serbia (21.0 units)
  3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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