Sri Lanka - Flat Knitting Machines, Stitch-Bonding Machines And Warp Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnitting Machine Price in Sri Lanka - 2021
Contents:
- Knitting Machine Price in Sri Lanka (CIF) - 2022
- Knitting Machine Price in Sri Lanka (FOB) - 2022
- Knitting Machine Imports in Sri Lanka
- Knitting Machine Exports in Sri Lanka
Knitting Machine Price in Sri Lanka (CIF) - 2022
In 2022, the average knitting machine import price amounted to $13,827 per unit, falling by -19.7% against the previous year. Overall, the import price, however, continues to indicate tangible growth. The most prominent rate of growth was recorded in 2013 an increase of 72% against the previous year. Over the period under review, average import prices attained the peak figure at $26,248 per unit in 2015; however, from 2016 to 2022, import prices failed to regain momentum.
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 Germany ($61,833 per unit), while the price for South Korea ($3,591 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Knitting Machine Price in Sri Lanka (FOB) - 2022
In 2022, the average knitting machine export price amounted to $2,260 per unit, reducing by -87.9% against the previous year. In general, the export price faced a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average export price increased by 424%. The export price peaked at $18,662 per unit in 2021, and then reduced dramatically in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($5,219 per unit), while the average price for exports to Pakistan ($143 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 the United States (+26.5%), while the prices for the other major destinations experienced more modest paces of growth.
Knitting Machine Imports in Sri Lanka
In 2022, supplies from abroad of flat knitting machines, stitch-bonding machines and warp knitting machines decreased by -49.5% to 295 units, falling for the second year in a row after two years of growth. In general, imports showed a drastic downturn. The growth pace was the most rapid in 2020 when imports increased by 69%. As a result, imports attained the peak of 600 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, knitting machine imports fell markedly to $4.1M in 2022. Overall, imports showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 78%. As a result, imports reached the peak of $11M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
| Import of Knitting Machine in Sri Lanka (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 2.1 | 7.2 | 5.7 | 2.1 | 0.0% |
| Germany | 0.1 | N/A | N/A | 1.4 | 141.0% |
| China | 0.9 | 0.6 | 1.8 | 0.4 | -23.7% |
| Hong Kong SAR | 0.1 | N/A | N/A | 0.1 | 0.0% |
| South Korea | 0.5 | 0.2 | N/A | N/A | -60.0% |
| Singapore | 0.1 | 0.1 | 0.1 | N/A | 0.0% |
| Others | 2.2 | 2.4 | 2.4 | 0.1 | -64.3% |
| Total | 6.0 | 10.7 | 10.1 | 4.1 | -11.9% |
Top Suppliers of Knitting Machine to Sri Lanka in 2022:
- Japan (208.0 units)
- China (43.0 units)
- Germany (22.0 units)
- South Korea (7.0 units)
- Hong Kong SAR (7.0 units)
Knitting Machine Exports in Sri Lanka
In 2022, knitting machine exports from Sri Lanka skyrocketed to 52 units, picking up by 16% on the previous year. Over the period under review, exports, however, continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 165%. Over the period under review, the exports attained the peak figure at 179 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, knitting machine exports contracted significantly to $117K in 2022. In general, exports, however, continue to indicate a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 401% against the previous year. Over the period under review, the exports reached the maximum at $2.8M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knitting Machine in Sri Lanka (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 563 | 33.7 | 24.3 | 47.0 | -56.3% |
| India | 10.1 | 0.8 | 4.0 | 40.7 | 59.1% |
| South Korea | 0.1 | N/A | 0.5 | 29.7 | 567.2% |
| Pakistan | N/A | N/A | N/A | 0.1 | 0% |
| United Kingdom | 5.9 | 0.4 | 1.7 | N/A | -46.3% |
| Germany | 442 | 6.3 | 61.3 | N/A | -62.8% |
| United States | N/A | N/A | 41.4 | N/A | 0% |
| Bangladesh | 1,276 | 112 | 684 | N/A | -26.8% |
| Italy | 10.5 | 0.8 | 4.6 | N/A | -33.8% |
| Others | 467 | 13.4 | 17.9 | N/A | -80.4% |
| Total | 2,774 | 168 | 840 | 117 | -65.2% |
Top Export Markets for Knitting Machine from Sri Lanka in 2022:
- South Korea (30.0 units)
- India (12.0 units)
- Hong Kong SAR (9.0 units)
- Pakistan (1.0 units)
This report provides an in-depth analysis of the knitting machine market in Sri Lanka. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
Country coverage:
- Sri Lanka
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sri Lanka
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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