Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Canada - 2024

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $43,983 per unit, jumping by 117% against the previous year. Over the period under review, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 178% against the previous year. As a result, import price attained the peak level of $48,566 per unit. From 2018 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Mexico ($129,708 per unit), while the price for Japan ($26 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+65.0%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $23,915 per unit in 2022, growing by 396% against the previous year. Over the period under review, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Egypt ($25,610 per unit), while the average price for exports to Italy ($7,762 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Honduras (+90.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 35 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Canada; which is down by -34% against the previous year. Overall, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 165% against the previous year. As a result, imports reached the peak of 53 units, and then dropped notably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $1.5M in 2022. In general, imports, however, posted a significant increase. The pace of growth was the most pronounced in 2021 with an increase of 83%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
MexicoN/AN/AN/A1,1670%
China0.412.811.3247751.6%
Italy145443892102-11.1%
United States19820.710314.8-57.9%
United Kingdom69.6N/AN/A4.9-58.7%
TurkeyN/AN/AN/A2.60%
Germany0.512.80.90.817.0%
JapanN/AN/AN/AN/A0%
Czech Republic20.1N/A23.1N/A7.2%
OthersN/A95.342.5N/A-55.4%
Total4345851,0731,53952.5%

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

  1. China (17.0 units)
  2. Mexico (9.0 units)
  3. Italy (3.0 units)
  4. United States (2.0 units)
  5. Turkey (1.0 units)
  6. United Kingdom (1.0 units)
  7. Japan (1.0 units)
  8. Germany (1.0 units)

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

In 2022, approx. 56 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from Canada; increasing by 229% on the previous year's figure. In general, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 367%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $1.3M in 2022. Over the period under review, exports posted significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Canada (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
EgyptN/AN/AN/A1,2810%
ItalyN/A93.238.038.8-35.5%
United States21041.130.019.9-54.4%
IndiaN/AN/A14.0N/A0%
PolandN/A168N/AN/A0%
OthersN/AN/AN/AN/A0%
Total21030281.91,33985.4%

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

  1. Egypt (50.0 units)
  2. Italy (5.0 units)
  3. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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