Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the Dominican Republic - 2023

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $34,967 per unit, with an increase of 144% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 224% against the previous year. As a result, import price reached the peak level of $44,533 per unit. From 2016 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 Italy ($63,613 per unit), while the price for China ($19,031 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+44.5%).

Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the Dominican Republic

Imports of knitting machines; circular, with cylinder diameter exceeding 165mms into the Dominican Republic surged to 41 units in 2022, rising by 720% on the previous year. Overall, imports showed a significant increase. As a result, imports attained 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 skyrocketed to $1.4M in 2022. In general, imports enjoyed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/AN/A5090%
China15154.471.247646.6%
United States0.7N/AN/A449762.4%
MexicoN/AN/A0.5N/A0%
OthersN/AN/AN/AN/A0%
Total15154.471.71,434111.8%

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

  1. China (25.0 units)
  2. United States (8.0 units)
  3. Italy (8.0 units)

Source: IndexBox Market Intelligence Platform

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