Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Indonesia - 2022

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $36,794 per unit in March 2022, approximately mirroring the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In March 2022, the country with the highest price was South Korea ($36,804 per unit), while the price for Taiwan (Chinese) ($36,792 per unit) was amongst the lowest.

From February 2022 to March 2022, the most notable rate of growth in terms of prices was attained by China (+0.0%), 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 Indonesia (FOB) - 2022

The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $15,307 per unit in 2022, with an increase of 66% against the previous year. In general, the export price, however, saw a deep setback. The export price peaked at $41,069 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($38,515 per unit), while the average price for exports to China ($6 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 South Korea (+0.7%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, supplies from abroad of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -55.1% to 307 units in 2022. In general, imports saw a deep reduction. The pace of growth was the most pronounced in 2021 when imports increased by 20%. As a result, imports attained the peak of 684 units, and then dropped sharply in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted remarkably to $15M in 2022. Over the period under review, imports saw a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 28% against the previous year. As a result, imports reached the peak of $25M, and then fell significantly in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Indonesia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China6.19.812.78.612.1%
Taiwan (Chinese)5.66.13.72.3-25.7%
Germany3.81.05.81.4-28.3%
South Korea1.40.20.50.7-20.6%
Japan1.51.51.30.5-30.7%
India0.30.30.40.410.1%
United States0.10.10.10.10.0%
Others1.00.60.70.7-11.2%
Total19.819.625.214.7-9.5%

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

  1. China (172.0 units)
  2. Taiwan (Chinese) (47.0 units)
  3. Germany (27.0 units)
  4. South Korea (13.0 units)
  5. United States (11.0 units)
  6. Japan (10.0 units)
  7. India (9.0 units)

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

In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms exported from Indonesia surged to 12 units, with an increase of 33% on 2021 figures. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.4% against 2019 indices. 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 $184K in 2022. In general, exports posted buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India26.021.411.962.133.7%
VietnamN/AN/AN/A50.20%
South Korea27.050.934.438.512.6%
TurkeyN/AN/AN/A22.60%
Hong Kong SAR39.624.812.19.7-37.4%
United States50.61.00.50.4-80.1%
Singapore1.91.80.60.1-62.5%
China3.64.68.1N/A50.0%
MalaysiaN/A4.5N/AN/A0%
CambodiaN/AN/A0.2N/A0%
Taiwan (Chinese)0.10.1N/AN/A0.0%
PakistanN/A11.315.3N/A35.4%
OthersN/AN/AN/AN/A0%
Total14912083.01847.3%

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

  1. Vietnam (3.0 units)
  2. India (2.0 units)
  3. Turkey (1.0 units)
  4. Taiwan (Chinese) (1.0 units)
  5. Singapore (1.0 units)
  6. United States (1.0 units)
  7. China (1.0 units)
  8. South Korea (1.0 units)
  9. Hong Kong SAR (1.0 units)

Source: IndexBox Market Intelligence Platform

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