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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $11,036 per unit, waning by -41.8% against the previous year. Over the period under review, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 an increase of 40% against the previous year. The import price peaked at $20,311 per unit in 2013; however, from 2014 to 2022, 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 South Korea ($26,044 per unit), while the price for Turkey ($410 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $3,020 per unit in 2022, growing by 287% against the previous year. In general, the export price, however, recorded a abrupt setback. Over the period under review, the average export prices hit record highs at $19,108 per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Azerbaijan.

From 2012 to 2022, the rate of growth in terms of prices for Azerbaijan amounted to -14.1% per year.

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

In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Iran surged to 552 units, rising by 205% against 2021. Overall, imports enjoyed a significant 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 skyrocketed to $6.1M in 2022. In general, imports showed a strong expansion. 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 Iran (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.33.13.05.619.3%
South Korea0.20.20.20.20.0%
Others0.40.30.30.40.0%
Total3.93.63.46.116.1%

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

  1. China (533.0 units)
  2. South Korea (6.0 units)

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

Exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Iran was estimated at 1 units in 2022, flattening at 2021 figures. Overall, exports recorded a relatively flat trend pattern. Over the period under review, the exports of reached the maximum 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 surged to $3K in 2022. In general, exports saw a deep contraction. The exports peaked at $5.4K 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 Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Azerbaijan5.42.80.83.0-17.8%
OthersN/AN/AN/AN/A0%
Total5.42.80.83.0-17.8%

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

  1. Azerbaijan (1.0 units)

Source: IndexBox Market Intelligence Platform

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