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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $17,228 per unit in 2022, rising by 3.9% against the previous year. In general, the import price posted a slight increase. The growth pace was the most rapid in 2016 an increase of 163%. The import price peaked at $20,757 per unit in 2020; however, from 2021 to 2022, import prices stood 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 ($21,682 per unit), while the price for China ($4,164 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $7,682 per unit, growing by 16% against the previous year. In general, the export price, however, showed a pronounced slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 171%. Over the period under review, the average export prices attained the maximum at $12,590 per unit in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the country with the highest price was North Macedonia ($10,566 per unit), while the average price for exports to Turkey totaled $7,645 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to North Macedonia (+10.1%), while the prices for the other major destinations experienced a decline.

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

In 2022, after three years of growth, there was significant decline in supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -51% to 119 units. Overall, imports, however, showed significant growth. The pace of growth appeared the most rapid in 2020 with an increase of 105%. Over the period under review, imports of attained the peak figure at 243 units in 2021, and then reduced rapidly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped rapidly to $2.1M in 2022. In general, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 328%. Imports peaked at $4M in 2021, and then dropped notably in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy5372,4503,6211,90852.6%
Turkey13.30.3126115105.2%
China12.217.110816.711.0%
Taiwan (Chinese)N/AN/A153N/A0%
Others14.22.819.710.8-8.7%
Total5772,4704,0282,05052.6%

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

  1. Italy (88.0 units)
  2. Turkey (26.0 units)
  3. China (4.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bulgaria

In 2022, approx. 80 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from Bulgaria; growing by 90% compared with 2021 figures. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $615K in 2022. Over the period under review, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Bulgaria (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Turkey10.9198224604281.2%
Spain43.1N/A15.5N/A-40.0%
Iran99.9N/AN/AN/A0%
Greece13194.019.5N/A-61.4%
Egypt2.7N/A18.7N/A163.2%
KosovoN/A4.7N/AN/A0%
Italy24.6N/A0.8N/A-82.0%
OthersN/A18.9N/A10.6-25.1%
Total31231627861525.4%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Bulgaria in 2022:

  1. Turkey (79.0 units)

Source: IndexBox Market Intelligence Platform

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