Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Germany - 2023

Contents:

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

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $35,768 per unit in 2022, with a decrease of -17.9% against the previous year. Over the period under review, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -26.3% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 88% against the previous year. As a result, the export price attained the peak level of $50,685 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was China ($83,929 per unit), while the average price for exports to Morocco ($2,149 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 Italy (+14.1%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $11,364 per unit in 2022, flattening at the previous year. In general, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 49%. Over the period under review, average import prices hit record highs at $23,228 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($31,034 per unit), while the price for South Africa ($4,599 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+46.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

For the fourth consecutive year, Germany recorded growth in overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms, which increased by 7.9% to 368 units in 2022. The total export volume increased at an average annual rate of +12.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 26%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in years to come.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped to $13M in 2022. The total export value increased at an average annual rate of +1.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 43% against the previous year. As a result, the exports reached the peak of $15M, and then reduced in the following year.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,1941,2672,4572,01419.0%
France1,4152,0222,0451,5232.5%
Turkey1,9123081,0641,291-12.3%
Italy4102619861,04836.7%
Serbia15511847977070.6%
United States1,3191,354693762-16.7%
Switzerland7251511,2267601.6%
Japan534N/A2,32575912.4%
Brazil157N/A82973367.1%
United Kingdom16615736740734.8%
Slovakia369673118339-2.8%
Poland10214422728941.5%
Morocco58.8191N/A2.1-67.1%
Others4,0963,7432,0412,465-15.6%
Total12,61510,38714,85713,1631.4%

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

  1. Serbia (123.0 units)
  2. Poland (49.0 units)
  3. Slovakia (26.0 units)
  4. China (24.0 units)
  5. France (21.0 units)
  6. Turkey (18.0 units)
  7. Switzerland (14.0 units)
  8. Italy (13.0 units)
  9. United States (13.0 units)
  10. Japan (10.0 units)
  11. United Kingdom (10.0 units)
  12. Brazil (9.0 units)
  13. Morocco (1.0 units)

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

In 2022, after three years of growth, there was significant decline in overseas purchases of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -25.5% to 175 units. Over the period under review, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2020 when imports increased by 88% against the previous year. Imports peaked at 235 units in 2021, and then dropped rapidly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms shrank sharply to $2M in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 31% against the previous year. As a result, imports attained the peak of $2.7M, and then fell dramatically in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,6987221,071621-28.5%
Turkey23.248.5305546186.6%
PolandN/A25959640024.3%
China88.217623227546.1%
South AfricaN/AN/A59.564.48.2%
Taiwan (Chinese)N/AN/A46.246.30.2%
SerbiaN/AN/AN/A14.70%
SlovakiaN/A751377N/A-49.8%
Others16599.8N/A21.0-49.7%
Total1,9742,0562,6871,9890.3%

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

  1. Poland (56.0 units)
  2. China (53.0 units)
  3. Turkey (22.0 units)
  4. Italy (20.0 units)
  5. South Africa (14.0 units)
  6. Taiwan (Chinese) (3.0 units)
  7. Serbia (3.0 units)

Source: IndexBox Market Intelligence Platform

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