Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania - 2023
Contents:
- Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania (CIF) - 2022
- Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania
Price for Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania (CIF) - 2022
The average import price for weaving machines (looms); for weaving fabrics of a width 30cm or lesses stood at $332 per unit in 2022, dropping by -73.4% against the previous year. In general, the import price showed a sharp contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 565%. Over the period under review, average import prices reached the peak figure at $10,961 per unit in 2016; however, from 2017 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 China ($395 per unit), while the price for New Zealand stood at $80 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+150.5%), while the prices for the other major suppliers experienced a decline.
Imports of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania
In 2022, after three years of growth, there was significant decline in purchases abroad of weaving machines (looms); for weaving fabrics of a width 30cm or lesses, when their volume decreased by -63% to 40 units. Over the period under review, imports showed a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 67%. Over the period under review, imports of reached the maximum at 108 units in 2021, and then dropped markedly in the following year.
In value terms, imports of weaving machines (looms); for weaving fabrics of a width 30cm or lesses plummeted to $13K in 2022. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 741% against the previous year. As a result, imports reached the peak of $161K, and then declined significantly in the following year.
| Import of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less in Lithuania (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.2 | 17.1 | 25.3 | 12.6 | 297.9% |
| New Zealand | 1.0 | 2.1 | 2.5 | 0.6 | -15.7% |
| Latvia | 19.7 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | N/A | N/A | 50.3 | N/A | 0% |
| Others | 0.1 | N/A | 83.0 | N/A | 2781.0% |
| Total | 21.0 | 19.2 | 161 | 13.3 | -14.1% |
Top Suppliers of Weaving Machines (Looms); for Weaving Fabrics of A Width 30cm or Less to Lithuania in 2022:
- China (32.0 units)
- New Zealand (8.0 units)
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