Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $2,567 per unit in 2022, surging by 11% against the previous year. In general, the import price, however, recorded a pronounced slump. The growth pace was the most rapid in 2018 an increase of 273% against the previous year. As a result, import price attained the peak level of $4,241 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.
As there is only one major supplying country, the average price level is determined by prices for China.
From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +189.1% per year.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan
After three years of growth, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -76.9% to 15 units in 2022. Overall, imports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 1,050%. Imports peaked at 65 units in 2021, and then dropped sharply in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms fell rapidly to $39K in 2022. Over the period under review, imports, however, showed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 783%. Imports peaked at $150K in 2021, and then shrank significantly in the following year.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 13.8 | 122 | 149 | 38.5 | 40.8% |
| Iran | N/A | N/A | 0.8 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 13.8 | 122 | 150 | 38.5 | 40.8% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Azerbaijan in 2022:
- China (15.0 units)
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Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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