Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Ecuador - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Ecuador (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Ecuador
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Ecuador (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $4,910 per unit in 2022, surging by 6.4% against the previous year. In general, the import price, however, recorded a abrupt descent. The pace of growth appeared the most rapid in 2014 when the average import price increased by 26% against the previous year. As a result, import price reached the peak level of $15,800 per unit. From 2015 to 2022, the average import prices remained at a 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 Germany ($50,254 per unit), while the price for Spain ($1,365 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Ecuador
In 2022, approx. 303 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Ecuador; increasing by 142% against the previous year's figure. Overall, imports continue to indicate a buoyant increase. As a result, imports attained the peak 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 $1.5M in 2022. Over the period under review, imports recorded a buoyant 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 Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 244 | 217 | 199 | 653 | 38.8% |
| China | 215 | 93.7 | 87.1 | 405 | 23.5% |
| Italy | 391 | 89.7 | 121 | 90.3 | -38.6% |
| Taiwan (Chinese) | 9.2 | 5.0 | 86.4 | 76.9 | 102.9% |
| Spain | 11.1 | 7.6 | 5.4 | 13.7 | 7.3% |
| Others | 197 | 132 | 77.9 | 249 | 8.1% |
| Total | 1,067 | 546 | 577 | 1,488 | 11.7% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Ecuador in 2022:
- China (211.0 units)
- India (55.0 units)
- Spain (10.0 units)
- Italy (7.0 units)
- Taiwan (Chinese) (7.0 units)
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Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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