Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Hong Kong SAR - 2022

Contents:

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

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $11,364 per unit in 2022, growing by 50% against the previous year. Over the period under review, the export price recorded temperate growth. The most prominent rate of growth was recorded in 2013 when the average export price increased by 101%. Over the period under review, the average export prices reached the peak figure at $18,984 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($13,441 per unit), while the average price for exports to the Philippines ($298 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 Sri Lanka (+56.8%), 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 Hong Kong SAR (CIF) - 2022

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $135 per unit in 2022, waning by -97.7% against the previous year. Overall, the import price saw a sharp contraction. The pace of growth appeared the most rapid in 2019 an increase of 86% against the previous year. As a result, import price reached the peak level of $16,469 per unit. From 2020 to 2022, the average import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for Serbia amounted to +52.5% per year.

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Hong Kong SAR

In 2022, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Hong Kong SAR declined markedly to 10 units, which is down by -60% against the previous year. Over the period under review, exports faced a sharp downturn. The smallest decline of -26.4% was in 2020. Over the period under review, the exports of reached the maximum at 53 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms reduced remarkably to $114K in 2022. In general, exports showed a precipitous decline. The smallest decline of -32.1% was in 2020. Over the period under review, the exports of reached the peak figure at $432K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India19441.2N/A108-17.7%
Indonesia2.4N/A3.05.834.2%
PhilippinesN/AN/AN/A0.30%
Sri Lanka12.338.7N/AN/A214.6%
ZimbabweN/A0.9N/AN/A0%
Cambodia192213149N/A-11.9%
PortugalN/AN/A32.7N/A0%
Others31.7N/A4.7N/A-61.5%
Total432294189114-35.9%

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

  1. India (8.0 units)
  2. Philippines (1.0 units)
  3. Indonesia (1.0 units)

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Hong Kong SAR

In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Hong Kong SAR contracted rapidly to 1 units, with a decrease of -98.9% compared with 2021 figures. Over the period under review, imports showed a precipitous shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 1,800% against the previous year. As a result, imports attained the peak of 95 units, and then reduced remarkably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped notably to $135 in 2022. In general, imports recorded a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 1,596%. As a result, imports reached the peak of $567K, and then reduced dramatically in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Hong Kong SAR (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China38.533.515.90.1-86.3%
Germany417N/A379N/A-4.7%
United StatesN/AN/A173N/A0%
Taiwan (Chinese)46.5N/AN/AN/A0%
Turkey8.2N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total51133.55670.1-94.2%

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

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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