Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia - 2023
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (CIF) - 2022
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (FOB) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia
- Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (CIF) - 2022
In 2022, the average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses amounted to $14,370 per unit, rising by 12% against the previous year. In general, the import price showed a remarkable increase. The most prominent rate of growth was recorded in 2014 when the average import price increased by 235% against the previous year. As a result, import price reached the peak level of $25,403 per unit. From 2015 to 2022, the average import prices remained 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 Switzerland ($58,809 per unit), while the price for India ($138 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+419.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (FOB) - 2022
The average export price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $3,002 per unit in 2022, with a decrease of -65.8% against the previous year. Over the period under review, the export price, however, posted strong growth. The most prominent rate of growth was recorded in 2016 an increase of 17% against the previous year. The export price peaked at $8,780 per unit in 2021, and then reduced markedly in the following year.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($20,474 per unit), while the average price for exports to Singapore ($1,253 per unit) was amongst the lowest.
From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+1,381.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia
In 2022, purchases abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses was finally on the rise to reach 34 units after two years of decline. Over the period under review, imports, however, showed a deep downturn. Over the period under review, imports of reached the peak figure at 49 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses skyrocketed to $388K in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +70.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 41% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Switzerland | 167 | 73.9 | 118 | 118 | -10.9% |
| China | 40.6 | 83.6 | 105 | 105 | 37.3% |
| United States | 2.3 | 1.2 | 1.4 | 61.9 | 199.7% |
| South Korea | 29.7 | 19.6 | 33.7 | 38.1 | 8.7% |
| Singapore | 22.6 | 25.9 | 14.1 | 25.1 | 3.6% |
| Taiwan (Chinese) | 12.9 | 8.8 | 15.6 | 18.3 | 12.4% |
| Thailand | 19.6 | 10.9 | 15.8 | 15.1 | -8.3% |
| Japan | 2.6 | 1.8 | 3.3 | 4.5 | 20.1% |
| Australia | N/A | 1.2 | N/A | 2.4 | 41.4% |
| Germany | 0.9 | 0.4 | 0.4 | 0.3 | -30.7% |
| India | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
| Others | 2.2 | N/A | 12.0 | N/A | 133.5% |
| Total | 301 | 227 | 320 | 388 | 8.8% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Malaysia in 2022:
- China (8.0 units)
- United States (7.0 units)
- Thailand (5.0 units)
- South Korea (4.0 units)
- Taiwan (Chinese) (2.0 units)
- Singapore (2.0 units)
- Switzerland (2.0 units)
- Australia (1.0 units)
- Japan (1.0 units)
- India (1.0 units)
- Germany (1.0 units)
Exports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia
In 2022, approx. 90 units of weaving machines (looms); for weaving fabrics of a width 30cm or lesses were exported from Malaysia; jumping by 309% against 2021. In general, exports continue to indicate significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses soared to $336K in 2022. Overall, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 1.3 | N/A | 26.8 | 137 | 372.3% |
| Germany | N/A | N/A | 8.3 | 61.4 | 639.8% |
| Sri Lanka | N/A | N/A | N/A | 49.7 | 0% |
| China | N/A | N/A | N/A | 45.9 | 0% |
| Singapore | 0.1 | N/A | 0.1 | 13.8 | 416.8% |
| Indonesia | N/A | N/A | N/A | 8.2 | 0% |
| Others | N/A | N/A | N/A | 20.0 | 0% |
| Total | 1.4 | N/A | 35.1 | 336 | 521.4% |
Top Export Markets for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less from Malaysia in 2022:
- Philippines (65.0 units)
- Singapore (11.0 units)
- China (4.0 units)
- Sri Lanka (4.0 units)
- Germany (3.0 units)
- Indonesia (2.0 units)
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