Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $7,624 per unit, with a decrease of -5.2% against the previous year. Over the period under review, the import price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 when the average import price increased by 55% against the previous year. The import price peaked at $18,784 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
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 Germany ($198,551 per unit), while the price for South Korea ($771 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+33.2%), 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 Colombia (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $21,957 per unit in 2022, dropping by -3.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The pace of growth was the most pronounced in 2014 when the average export price increased by 30%. Over the period under review, the average export prices reached the maximum at $24,891 per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for the United States.
From 2012 to 2022, the rate of growth in terms of prices for the United States amounted to +3.6% per year.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia
In 2022, approx. 336 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Colombia; increasing by 173% compared with the previous year's figure. In general, imports continue to indicate a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 297% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $2.6M in 2022. Overall, imports posted a significant expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 229% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in the near future.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 327 | 135 | 360 | 794 | 34.4% |
| China | 49.1 | 40.0 | 206 | 724 | 145.2% |
| Italy | 337 | 32.9 | 305 | 698 | 27.5% |
| Spain | 23.4 | 28.8 | 19.5 | 138 | 80.7% |
| Taiwan (Chinese) | 45.3 | 18.2 | 47.0 | 101 | 30.6% |
| United States | 16.8 | 10.1 | 32.9 | 63.2 | 55.5% |
| South Korea | 9.9 | 2.9 | 5.5 | 8.5 | -5.0% |
| Others | 11.5 | 32.6 | 12.4 | 35.2 | 45.2% |
| Total | 820 | 301 | 989 | 2,562 | 46.2% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Colombia in 2022:
- China (263.0 units)
- Italy (31.0 units)
- United States (12.0 units)
- South Korea (11.0 units)
- Spain (5.0 units)
- Taiwan (Chinese) (4.0 units)
- Germany (4.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Colombia
For the fourth year in a row, Colombia recorded growth in shipments abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, which increased by 12% to 38 units in 2022. The total export volume increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 13%. The exports peaked in 2022 and are likely to continue growth in the near future.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms expanded notably to $834K in 2022. The total export value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations 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 Colombia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 672 | 719 | 776 | 834 | 7.5% |
| Belgium | N/A | 3.5 | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 672 | 722 | 776 | 834 | 7.5% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Colombia in 2022:
- United States (38.0 units)
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