Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina - 2023

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina (CIF) - 2022
  2. Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina (CIF) - 2022

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $4,851 per unit in 2022, which is down by -14% against the previous year. Overall, the import price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 when the average import price increased by 56% against the previous year. The import price peaked at $15,164 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21,254 per unit), while the price for China ($2,760 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+13.1%), while the prices for the other major suppliers experienced a decline.

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina

Imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Argentina skyrocketed to 943 units in 2022, picking up by 42% compared with the previous year. Overall, imports saw a significant increase. The growth pace was the most rapid in 2020 with an increase of 651% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to continue growth in the near future.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $4.6M in 2022. In general, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 295% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Argentina (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China44.36961,6142,282272.1%
Italy2543651,6231,72289.3%
South Korea46.922724829684.8%
Others46.625726327580.7%
Total3911,5453,7474,574127.0%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Argentina in 2022:

  1. China (827.0 units)
  2. Italy (81.0 units)
  3. South Korea (27.0 units)

Source: IndexBox Market Intelligence Platform

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