Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China - 2024
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China (FOB) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China (CIF) - 2024
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $1,979 per unit in 2022, approximately equating the previous year. Overall, the export price saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 92%. Over the period under review, the average export prices attained the maximum at $10,143 per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Vietnam ($4,740 per unit), while the average price for exports to Mozambique ($328 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 Vietnam (+0.0%), while the prices for the other major destinations experienced a decline.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China (CIF) - 2024
In February 2024, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $37,533 per unit, jumping by 226% against the previous month. In general, the import price posted a resilient expansion. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 255% month-to-month. The import price peaked in February 2024.
Average prices varied noticeably amongst the major supplying countries. In February 2024, the country with the highest price was Germany ($38,001 per unit), while the price for Italy stood at $36,987 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by South Korea (+19.4%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China
For the fourth year in a row, China recorded growth in shipments abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, which increased by 31% to 39K units in 2022. Over the period under review, exports continue to indicate significant growth. The growth pace was the most rapid in 2021 when exports increased by 55%. The exports peaked in 2022 and are likely to continue growth in the immediate term.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $78M in 2022. The total export value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 11.5 | 9.9 | 6.7 | 10.1 | -4.2% |
| Vietnam | 12.5 | 5.9 | 7.8 | 10.1 | -6.9% |
| Iran | 2.1 | 3.9 | 2.0 | 5.9 | 41.1% |
| Mexico | 3.6 | 2.8 | 4.1 | 5.0 | 11.6% |
| Uzbekistan | 2.6 | 4.3 | 8.0 | 4.8 | 22.7% |
| Cambodia | 3.0 | 2.8 | 1.1 | 2.9 | -1.1% |
| Indonesia | 3.5 | 1.6 | 1.0 | 2.5 | -10.6% |
| Pakistan | 1.8 | 1.1 | 3.7 | 2.1 | 5.3% |
| United States | 4.7 | 0.2 | 1.8 | 1.9 | -26.1% |
| Egypt | 1.6 | 1.7 | 0.9 | 1.6 | 0.0% |
| Morocco | 0.1 | 0.3 | 0.4 | 0.9 | 108.0% |
| United Kingdom | N/A | 0.3 | 0.2 | 0.8 | 63.3% |
| Mozambique | N/A | N/A | 0.1 | 0.5 | 400.0% |
| Others | 20.8 | 23.0 | 22.2 | 28.9 | 11.6% |
| Total | 67.9 | 57.5 | 59.9 | 77.7 | 4.6% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from China in 2022:
- India (7.8K units)
- Iran (2.8K units)
- Mexico (2.2K units)
- Uzbekistan (2.1K units)
- Vietnam (2.1K units)
- United Kingdom (1.6K units)
- Mozambique (1.4K units)
- United States (1.4K units)
- Indonesia (1.3K units)
- Cambodia (1.1K units)
- Pakistan (1.0K units)
- Egypt (1.0K units)
- Morocco (0.8K units)
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China
In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into China surged to 1.1K units, picking up by 18% compared with the previous year's figure. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of reached the maximum at 1.3K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms declined to $18M in 2022. In general, imports, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2021 with an increase of 114% against the previous year. Over the period under review, imports of hit record highs at $31M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 27.4 | 6.7 | 15.3 | 14.3 | -19.5% |
| Taiwan (Chinese) | 0.7 | 0.7 | 0.7 | 2.1 | 44.2% |
| Germany | 2.1 | 1.3 | 2.8 | 1.3 | -14.8% |
| South Korea | 1.0 | N/A | 0.2 | N/A | -55.3% |
| Others | N/A | 0.2 | 0.2 | 0.1 | -29.3% |
| Total | 31.2 | 9.0 | 19.2 | 17.8 | -17.1% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to China in 2022:
- Italy (805.0 units)
- Taiwan (Chinese) (233.0 units)
- Germany (14.0 units)
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