Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR
- Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $39,604 per unit in 2022, with an increase of 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 597% against the previous year. As a result, import price reached the peak level of $44,834 per unit. From 2018 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 Japan ($149,443 per unit), while the price for India ($850 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+10.5%), 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 Hong Kong SAR (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $5,790 per unit in 2022, increasing by 3.2% against the previous year. In general, the export price, however, saw a deep setback. The growth pace was the most rapid in 2019 when the average export price increased by 235% against the previous year. Over the period under review, the average export prices hit record highs at $32,406 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($120,165 per unit), while the average price for exports to Indonesia ($53 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 Vietnam (+6.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR
In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms imported into Hong Kong SAR reduced to 15 units, declining by -11.8% on the previous year's figure. Overall, imports recorded a abrupt curtailment. Imports peaked at 21 units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms reached $594K in 2022. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 1% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 95.1 | 376 | 217 | 299 | 46.5% |
| Thailand | 194 | 89.8 | 150 | 107 | -18.0% |
| South Korea | 47.0 | 28.1 | 60.9 | 55.8 | 5.9% |
| Taiwan (Chinese) | 39.2 | 19.2 | 34.1 | 25.6 | -13.2% |
| Italy | 34.6 | 17.6 | 32.4 | 25.2 | -10.0% |
| Germany | 77.8 | 10.0 | 20.0 | 16.9 | -39.9% |
| Spain | 12.5 | 7.2 | 15.1 | 13.4 | 2.3% |
| China | 33.2 | 13.6 | 14.5 | 10.7 | -31.4% |
| Indonesia | 13.5 | 6.4 | 11.0 | 8.0 | -16.0% |
| South Africa | 8.7 | 4.5 | 8.2 | 7.5 | -4.8% |
| Belgium | 7.7 | 3.8 | 6.8 | 5.1 | -12.8% |
| Turkey | 4.3 | 2.0 | 3.5 | 2.6 | -15.4% |
| India | 1.6 | 0.7 | 1.2 | 0.8 | -20.6% |
| Others | 11.6 | 7.4 | 17.2 | 16.9 | 13.4% |
| Total | 581 | 587 | 592 | 594 | 0.7% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Hong Kong SAR in 2022:
- Japan (2.0 units)
- Turkey (1.0 units)
- Italy (1.0 units)
- Taiwan (Chinese) (1.0 units)
- South Africa (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- China (1.0 units)
- Belgium (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
- Thailand (1.0 units)
- Spain (1.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR
In 2022, approx. 35 units of knitting machines; circular, with cylinder diameter exceeding 165mms were exported from Hong Kong SAR; dropping by -61.1% against the previous year. Overall, exports, however, posted prominent growth. The most prominent rate of growth was recorded in 2021 with an increase of 718% against the previous year. As a result, the exports reached the peak of 90 units, and then fell markedly in the following year.
In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms fell remarkably to $203K in 2022. Over the period under review, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 778%. As a result, the exports reached the peak of $505K, and then declined sharply in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hong Kong SAR (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 122 | 34.5 | 244 | 120 | -0.5% |
| Bangladesh | 34.7 | 9.2 | 60.6 | 28.0 | -6.9% |
| India | 4.3 | 2.4 | 116 | 16.2 | 55.6% |
| Taiwan (Chinese) | 10.3 | 2.9 | 20.6 | 10.2 | -0.3% |
| Cambodia | 12.3 | 3.1 | 20.2 | 9.0 | -9.9% |
| Vietnam | 8.6 | 2.5 | 18.0 | 9.0 | 1.5% |
| Pakistan | 2.8 | 0.6 | 3.5 | 5.8 | 27.5% |
| Turkey | 10.0 | 2.0 | 10.5 | 3.7 | -28.2% |
| Israel | N/A | N/A | N/A | 0.3 | 0% |
| Indonesia | 0.2 | N/A | 0.2 | 0.1 | -20.6% |
| China | 0.7 | 0.1 | 0.3 | 0.1 | -47.7% |
| Sri Lanka | N/A | N/A | 11.2 | N/A | 0% |
| United Kingdom | 26.8 | N/A | N/A | N/A | 0% |
| Others | 4.9 | N/A | 0.4 | N/A | -71.4% |
| Total | 238 | 57.5 | 505 | 203 | -5.2% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Hong Kong SAR in 2022:
- India (16.0 units)
- Taiwan (Chinese) (5.0 units)
- Turkey (3.0 units)
- Pakistan (2.0 units)
- Bangladesh (2.0 units)
- Israel (1.0 units)
- Italy (1.0 units)
- Indonesia (1.0 units)
- Cambodia (1.0 units)
- Vietnam (1.0 units)
- China (1.0 units)
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