Weaving Machines (Looms) Price in Estonia - 2023
Contents:
- Weaving Machines (Looms) Price in Estonia (CIF) - 2022
- Weaving Machines (Looms) Price in Estonia (FOB) - 2022
- Weaving Machines (Looms) Imports in Estonia
- Weaving Machines (Looms) Exports in Estonia
Weaving Machines (Looms) Price in Estonia (CIF) - 2022
The average weaving machines (looms) import price stood at $409 per unit in 2022, falling by -90% against the previous year. Over the period under review, the import price faced a deep contraction. The pace of growth was the most pronounced in 2020 when the average import price increased by 240% against the previous year. Over the period under review, average import prices attained the maximum at $5,556 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($521 per unit), while the price for Germany ($62 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) (+208.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Weaving Machines (Looms) Price in Estonia (FOB) - 2022
The average weaving machines (looms) export price stood at $8 per unit in 2022, growing by 14% against the previous year. In general, the export price, however, saw a significant contraction. The most prominent rate of growth was recorded in 2015 an increase of 446,660%. As a result, the export price reached the peak level of $6,014 per unit. From 2016 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Latvia.
From 2012 to 2022, the rate of growth in terms of prices for Latvia amounted to +24.2% per year.
Weaving Machines (Looms) Imports in Estonia
In 2022, purchases abroad of weaving machines (looms)s decreased by -70.6% to 10 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 48% against the previous year. As a result, imports attained the peak of 34 units, and then dropped rapidly in the following year.
In value terms, weaving machines (looms) imports contracted notably to $4.1K in 2022. Over the period under review, imports showed a dramatic shrinkage. The growth pace was the most rapid in 2020 when imports increased by 360% against the previous year. Imports peaked at $140K in 2021, and then reduced rapidly in the following year.
| Import of Weaving Machines (Looms) in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 4.0 | 2.3 | 3.4 | 2.1 | -19.3% |
| Switzerland | N/A | N/A | N/A | 1.8 | 0% |
| China | 17.8 | 0.1 | 4.5 | 0.2 | -77.6% |
| Germany | N/A | N/A | N/A | 0.1 | 0% |
| Sweden | N/A | 97.7 | 132 | N/A | 35.1% |
| Others | N/A | 0.5 | N/A | N/A | 0% |
| Total | 21.8 | 101 | 140 | 4.1 | -42.7% |
Top Suppliers of Weaving Machines (Looms) to Estonia in 2022:
- Switzerland (4.0 units)
- Japan (4.0 units)
- Germany (1.0 units)
- China (1.0 units)
Weaving Machines (Looms) Exports in Estonia
Weaving machines (looms) exports from Estonia stood at 1 units in 2022, approximately mirroring the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked in 2022 and are expected to retain growth in the near future.
In value terms, weaving machines (looms) exports stood at $8 in 2022. The total export value increased at an average annual rate of +14.3% from 2021 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms) in Estonia (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Latvia | N/A | 8.0 | 0% | ||
| Lithuania | 7.0 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 7.0 | 8.0 | 14.3% | ||
Top Export Markets for Weaving Machines (Looms) from Estonia in 2022:
- Latvia (1.0 units)
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