Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia - 2024
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $3,001 per unit, rising by 2.6% against the previous year. Overall, the import price, however, faced a deep contraction. The pace of growth was the most pronounced in 2019 an increase of 46%. Over the period under review, average import prices hit record highs at $12,780 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($20,088 per unit), while the price for India ($5 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia
In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Malaysia contracted markedly to 17 units, shrinking by -80.5% on the previous year's figure. In general, imports continue to indicate a sharp descent. The smallest decline of -13.1% was in 2020. Imports peaked at 153 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 reduced rapidly to $51K in 2022. Over the period under review, imports faced a dramatic curtailment. The smallest decline of -42.6% was in 2021. Imports peaked at $1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Malaysia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 183 | 89.6 | 60.2 | 20.1 | -52.1% |
| Taiwan (Chinese) | 384 | 61.3 | 47.5 | 18.3 | -63.7% |
| China | 387 | 261 | 136 | 6.1 | -74.9% |
| United States | 29.7 | 8.9 | 1.6 | 3.5 | -51.0% |
| Singapore | 6.7 | 4.4 | 3.3 | 1.2 | -43.6% |
| Cambodia | 15.4 | 6.4 | 3.6 | 1.0 | -59.8% |
| Japan | 22.9 | 1.3 | 0.9 | 0.3 | -76.4% |
| South Korea | 7.3 | 1.1 | 0.8 | 0.2 | -69.9% |
| Germany | 2.6 | 1.0 | 0.5 | 0.1 | -66.2% |
| India | 0.1 | N/A | N/A | N/A | 0% |
| Others | N/A | 7.7 | N/A | N/A | 0% |
| Total | 1,039 | 443 | 255 | 51.0 | -63.4% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Malaysia in 2022:
- Taiwan (Chinese) (4.0 units)
- Singapore (4.0 units)
- China (2.0 units)
- Italy (1.0 units)
- India (1.0 units)
- Cambodia (1.0 units)
- United States (1.0 units)
- Japan (1.0 units)
- Germany (1.0 units)
- South Korea (1.0 units)
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