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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $5,023 per unit in 2022, jumping by 931% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The import price peaked at $27,065 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Lithuania.

From 2014 to 2022, the rate of growth in terms of prices for Lithuania amounted to -43.0% per year.

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

In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms imported into Latvia skyrocketed to 3 units, jumping by 200% on the previous year's figure. In general, imports saw significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms surged to $15K in 2022. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at $27K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Latvia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania27.1N/A0.515.1-17.7%
OthersN/AN/AN/AN/A0%
Total27.1N/A0.515.1-17.7%

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

  1. Lithuania (3.0 units)

Source: IndexBox Market Intelligence Platform

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