Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $6,112 per unit, waning by -35.4% against the previous year. In general, the import price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2016 when the average import price increased by 11%. The import price peaked at $19,801 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 Germany ($18,473 per unit), while the price for Turkey ($1,372 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 (+9.9%), while the prices for the other major suppliers experienced a decline.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco
Imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Morocco surged to 232 units in 2022, jumping by 31% compared with the year before. Over the period under review, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 705%. Over the period under review, imports of reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped dramatically to $1.4M in 2022. Overall, imports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2021 when imports increased by 553% against the previous year. Over the period under review, imports of attained the peak figure at $1.8M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 17.0 | 127 | 756 | 1,032 | 293.0% |
| Germany | 0.8 | N/A | 104 | 148 | 469.8% |
| Italy | 362 | 100 | 458 | 129 | -29.1% |
| Spain | 1,370 | 20.4 | 32.5 | 32.1 | -71.4% |
| France | N/A | 9.6 | 221 | 21.0 | 47.9% |
| Turkey | N/A | N/A | N/A | 15.1 | 0% |
| Others | N/A | N/A | 104 | 40.8 | -60.8% |
| Total | 1,750 | 257 | 1,675 | 1,418 | -6.8% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Morocco in 2022:
- China (183.0 units)
- Italy (21.0 units)
- Turkey (11.0 units)
- Germany (8.0 units)
- Spain (4.0 units)
- France (2.0 units)
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Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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