Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia - 2024

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (CIF) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (FOB) - 2022
  3. Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia
  4. Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (CIF) - 2022

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $34,705 per unit, declining by -5.2% against the previous year. In general, the import price, however, enjoyed notable growth. The growth pace was the most rapid in 2015 when the average import price increased by 2,046%. As a result, import price reached the peak level of $47,127 per unit. From 2016 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Singapore ($59,559 per unit), while the price for Taiwan (Chinese) ($15,101 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+101.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (FOB) - 2022

The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $3,827 per unit in 2022, with a decrease of -35.4% against the previous year. Over the period under review, the export price, however, showed a perceptible increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by 432% against the previous year. As a result, the export price attained the peak level of $17,072 per unit. From 2017 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 India.

From 2015 to 2022, the rate of growth in terms of prices for Guatemala amounted to +185.2% per year.

Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia

In 2022, approx. 161 units of knitting machines; circular, with cylinder diameter exceeding 165mms were imported into Malaysia; picking up by 204% compared with the previous year's figure. In general, imports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of 212% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $5.6M in 2022. Over the period under review, imports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 370% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in years to come.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
SingaporeN/AN/A1.13.9254.5%
Taiwan (Chinese)0.2N/AN/A1.176.5%
China2.50.40.80.6-37.9%
Turkey0.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total2.90.41.95.624.5%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Malaysia in 2022:

  1. Taiwan (Chinese) (72.0 units)
  2. Singapore (66.0 units)
  3. China (23.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia

In 2022, exports of knitting machines; circular, with cylinder diameter exceeding 165mms from Malaysia skyrocketed to 13 units, growing by 225% on 2021 figures. In general, exports continue to indicate a resilient expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $50K in 2022. Over the period under review, exports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 150%. The exports peaked at $60K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Malaysia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India45.8N/A23.749.72.8%
Taiwan (Chinese)14.04.7N/AN/A-66.4%
SingaporeN/A4.7N/AN/A0%
OthersN/AN/AN/AN/A0%
Total59.89.523.749.7-6.0%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Malaysia in 2022:

  1. India (13.0 units)

Source: IndexBox Market Intelligence Platform

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