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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $8,341 per unit in 2022, surging by 6.4% against the previous year. Over the period under review, the import price, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 an increase of 520%. The import price peaked at $16,005 per unit in 2018; however, from 2019 to 2022, 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 China amounted to -6.2% per year.

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

In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -66.7% to 1 units, falling for the second consecutive year after two years of growth. In general, imports showed a significant decrease. The pace of growth was the most pronounced in 2020 when imports increased by 33%. As a result, imports attained the peak of 8 units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped significantly to $8.3K in 2022. Overall, imports showed a sharp descent. The growth pace was the most rapid in 2020 when imports increased by 35%. As a result, imports reached the peak of $66K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Libya (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China47.766.323.58.3-44.2%
Turkey0.2N/AN/AN/A0%
Others1.2N/AN/AN/A0%
Total49.166.323.58.3-44.7%

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

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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