Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $7,716 per unit, with an increase of 26% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The pace of growth appeared the most rapid in 2018 when the average import price increased by 27% against the previous year. As a result, import price attained the peak level of $11,445 per unit. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($18,476 per unit), while the price for Hong Kong SAR ($540 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 (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $20,219 per unit in 2022, falling by -4% against the previous year. In general, the export price, however, enjoyed a moderate expansion. The pace of growth appeared the most rapid in 2014 an increase of 237%. The export price peaked at $24,377 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).
From 2012 to 2022, the rate of growth in terms of prices for Taiwan (Chinese) amounted to +2.8% per year.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh
Imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Bangladesh skyrocketed to 519 units in 2022, increasing by 88% on the previous year. In general, imports saw a buoyant expansion. The growth pace was the most rapid in 2021 when imports increased by 163% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $4M in 2022. Overall, imports posted a strong increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 678 | 246 | 557 | 1,515 | 30.7% |
| Taiwan (Chinese) | 693 | 208 | 389 | 792 | 4.6% |
| China | 558 | 86.3 | 308 | 672 | 6.4% |
| Italy | 528 | 88.2 | 214 | 551 | 1.4% |
| United States | 111 | 27.1 | 36.2 | 124 | 3.8% |
| Turkey | 27.9 | 13.6 | 61.1 | 68.7 | 35.0% |
| Indonesia | 62.7 | 18.1 | 32.6 | 63.9 | 0.6% |
| Canada | 41.0 | 13.4 | 27.5 | 61.2 | 14.3% |
| Hong Kong SAR | 10.7 | 3.1 | 5.7 | 11.3 | 1.8% |
| Others | 58.0 | 23.0 | 56.8 | 145 | 35.7% |
| Total | 2,769 | 726 | 1,688 | 4,005 | 13.1% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Bangladesh in 2022:
- China (196.0 units)
- Taiwan (Chinese) (89.0 units)
- South Korea (82.0 units)
- United States (42.0 units)
- Italy (35.0 units)
- Hong Kong SAR (21.0 units)
- Canada (18.0 units)
- Turkey (10.0 units)
- Indonesia (9.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh
In 2022, approx. 5 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from Bangladesh; increasing by 25% against the previous year. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +66.7% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $101K in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 20% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 58.5 | 70.2 | 84.2 | 101 | 20.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 58.5 | 70.2 | 84.2 | 101 | 20.0% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Bangladesh in 2022:
- Taiwan (Chinese) (5.0 units)
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