Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $17,164 per unit, growing by 4.3% against the previous year. Overall, the import price, however, saw a slight setback. The pace of growth was the most pronounced in 2020 an increase of 7,437% against the previous year. Over the period under review, average import prices attained the peak figure at $20,566 per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($18,987 per unit) and China ($17,363 per unit), while the price for South Korea ($15,622 per unit) and Italy ($17,297 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+6.1%), while the prices for the other major suppliers experienced a decline.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $9,923 per unit in 2022, with an increase of 202% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. The export price peaked at $18,597 per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
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 Italy ($12,436 per unit), while the average price for exports to India stood at $5,177 per unit.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+8.6%), while the prices for the other major destinations experienced a decline.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt
For the third consecutive year, Egypt recorded decline in purchases abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, which decreased by -24.4% to 118 units in 2022. Over the period under review, imports faced a dramatic downturn. The smallest decline of -23.2% was in 2021. Over the period under review, imports of hit record highs at 17K 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 shrank dramatically to $2M in 2022. In general, imports recorded a precipitous setback. The smallest decline of -9.8% was in 2020. Over the period under review, imports of attained the maximum at $4M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,469 | 51.2 | 85.0 | 1,090 | -9.5% |
| China | 1,571 | 1,127 | 877 | 816 | -19.6% |
| South Korea | N/A | 11.4 | N/A | 62.5 | 134.1% |
| Japan | 616 | N/A | N/A | 57.0 | -54.8% |
| United Kingdom | 167 | N/A | N/A | N/A | 0% |
| Others | 167 | 2,409 | 1,606 | 0.1 | -91.6% |
| Total | 3,990 | 3,599 | 2,567 | 2,025 | -20.2% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Egypt in 2022:
- Italy (63.0 units)
- China (47.0 units)
- South Korea (4.0 units)
- Japan (3.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Egypt
In 2022, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Egypt soared to 26 units, with an increase of 18% on the previous year. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 450% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $258K in 2022. Over the period under review, exports saw 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 Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 20.9 | N/A | N/A | 211 | 116.1% |
| India | 28.8 | 25.9 | 72.4 | 46.6 | 17.4% |
| Israel | 68.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 118 | 25.9 | 72.4 | 258 | 29.8% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Egypt in 2022:
- Italy (17.0 units)
- India (9.0 units)
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