Australia - Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Australia - Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights

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Knitting Machines Price in Australia - 2023

Contents:

  1. Knitting Machines Price in Australia (CIF) - 2022
  2. Knitting Machines Price in Australia (FOB) - 2022
  3. Knitting Machines Imports in Australia
  4. Knitting Machines Exports in Australia

Knitting Machines Price in Australia (CIF) - 2022

In 2022, the average knitting machines import price amounted to $715 per unit, growing by 14% against the previous year. Overall, the import price, however, recorded a perceptible descent. The import price peaked at $978 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Germany ($798 per unit) and Taiwan (Chinese) ($758 per unit), while the price for the United States ($594 per unit) and China ($657 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+6.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Knitting Machines Price in Australia (FOB) - 2022

The average knitting machines export price stood at $723 per unit in 2022, surging by 6.6% against the previous year. In general, the export price continues to indicate strong growth. The pace of growth was the most pronounced in 2018 an increase of 58%. As a result, the export price attained the peak level of $922 per unit. From 2019 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were China ($781 per unit) and the United States ($720 per unit), while the average price for exports to Sri Lanka ($672 per unit) and New Zealand ($719 per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.

Knitting Machines Imports in Australia

In 2022, after three years of growth, there was significant decline in purchases abroad of knitting machineses, when their volume decreased by -42.3% to 16K units. Overall, imports, however, enjoyed resilient growth. The pace of growth was the most pronounced in 2021 when imports increased by 92%. As a result, imports reached the peak of 27K units, and then declined markedly in the following year.

In value terms, knitting machines imports plummeted to $11M in 2022. Over the period under review, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by 90%. As a result, imports reached the peak of $17M, and then contracted sharply in the following year.

Import of Knitting Machines in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan3.51.97.64.911.9%
Taiwan (Chinese)1.81.82.11.4-8.0%
China0.80.51.01.317.6%
United States0.42.32.80.931.0%
Thailand0.20.20.50.751.8%
South KoreaN/A0.40.80.622.5%
Germany0.61.40.80.5-5.9%
United Kingdom0.1N/A0.50.344.2%
Others0.70.51.00.5-10.6%
Total8.19.017.011.211.4%

Top Suppliers of Knitting Machines to Australia in 2022:

  1. Japan (6.8K units)
  2. China (2.0K units)
  3. Taiwan (Chinese) (1.9K units)
  4. United States (1.5K units)
  5. Thailand (1.0K units)
  6. Germany (0.7K units)
  7. South Korea (0.7K units)
  8. United Kingdom (0.4K units)

Knitting Machines Exports in Australia

In 2022, exports of knitting machineses from Australia fell to 3.3K units, waning by -14.3% against the year before. In general, exports showed a noticeable curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 16%. As a result, the exports attained the peak of 3.8K units, and then reduced in the following year.

In value terms, knitting machines exports fell to $2.4M in 2022. Over the period under review, exports recorded a abrupt slump. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, the exports hit record highs at $3.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knitting Machines in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1285477771,157108.3%
ItalyN/AN/AN/A3120%
New Zealand25668.73562934.6%
Indonesia113N/AN/A27334.2%
China1,050390308152-47.5%
United KingdomN/AN/A397122-69.3%
Germany432N/AN/AN/A0%
Ireland251N/AN/AN/A0%
JapanN/A284270N/A-4.9%
India23428959.6N/A-49.5%
Turkey243221368N/A23.1%
Others41627647.152.2-49.9%
Total3,1222,0762,5832,362-8.9%

Top Export Markets for Knitting Machines from Australia in 2022:

  1. United States (1607.0 units)
  2. Italy (434.0 units)
  3. New Zealand (407.0 units)
  4. Indonesia (380.0 units)
  5. China (195.0 units)
  6. United Kingdom (169.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the knitting machines market in Australia. 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 28941430 - Circular knitting machines
  • Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
  • Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting

Country coverage:

  • Australia

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Australia
  • 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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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