Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore (FOB) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore (CIF) - 2022
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $16,454 per unit in 2022, picking up by 62% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth was the most pronounced in 2014 an increase of 190%. The export price peaked at $19,655 per unit in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($75,382 per unit), while the average price for exports to Thailand ($1 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 Turkey (+19.2%), 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 Singapore (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $3,734 per unit, falling by -29.8% against the previous year. In general, the import price saw a abrupt slump. The most prominent rate of growth was recorded in 2020 when the average import price increased by 116% against the previous year. The import price peaked at $9,181 per unit in 2013; however, from 2014 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 China ($11,532 per unit), while the price for Indonesia ($45 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-0.3%), while the prices for the other major suppliers experienced a decline.
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore
In 2022, after two years of decline, there was significant growth in shipments abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume increased by 50% to 21 units. Overall, exports, however, showed a significant decline. The exports peaked at 59 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $346K in 2022. In general, exports, however, continue to indicate a sharp curtailment. Over the period under review, the exports of reached the peak figure at $1.1M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 454 | 275 | 96.4 | 226 | -20.7% |
| Vietnam | 142 | 86.3 | 30.2 | 70.9 | -20.7% |
| India | 126 | 87.1 | 7.8 | 26.9 | -40.2% |
| South Korea | 18.7 | 10.8 | 3.6 | 9.2 | -21.1% |
| Cambodia | 372 | 20.0 | 1.3 | 7.2 | -73.2% |
| Egypt | 12.4 | 6.5 | 2.0 | 4.0 | -31.4% |
| Malaysia | 2.0 | 1.3 | 0.3 | 0.6 | -33.1% |
| Indonesia | 20.4 | 5.8 | 0.4 | 0.5 | -71.0% |
| Nigeria | 1.0 | 0.4 | 0.1 | 0.1 | -53.6% |
| Thailand | N/A | N/A | N/A | N/A | 0% |
| Philippines | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 1,149 | 494 | 142 | 346 | -33.0% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Singapore in 2022:
- Vietnam (9.0 units)
- Turkey (3.0 units)
- Egypt (1.0 units)
- Philippines (1.0 units)
- Indonesia (1.0 units)
- India (1.0 units)
- Cambodia (1.0 units)
- Malaysia (1.0 units)
- Thailand (1.0 units)
- Nigeria (1.0 units)
- South Korea (1.0 units)
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore
For the third year in a row, Singapore recorded decline in supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, which decreased by -6.4% to 44 units in 2022. Overall, imports recorded a dramatic setback. Imports peaked at 205 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped notably to $164K in 2022. In general, imports saw a dramatic descent. The most prominent rate of growth was recorded in 2020 with an increase of 92% against the previous year. As a result, imports attained the peak of $1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Singapore (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cambodia | 456 | 522 | 191 | 136 | -33.2% |
| China | 21.9 | 434 | 28.3 | 11.5 | -19.3% |
| South Korea | 36.7 | 41.6 | 15.0 | 10.5 | -34.1% |
| United States | 1.2 | 12.1 | 4.4 | 3.1 | 37.2% |
| Italy | 7.5 | 14.2 | 3.8 | 2.0 | -35.6% |
| Taiwan (Chinese) | 11.6 | 6.7 | 0.8 | 1.2 | -53.1% |
| Malaysia | 2.1 | 1.7 | 0.4 | 0.2 | -54.3% |
| Japan | 0.7 | 0.5 | 0.1 | 0.1 | -47.7% |
| Germany | 0.8 | 0.6 | 0.2 | 0.1 | -50.0% |
| Indonesia | 0.2 | 0.3 | 0.1 | N/A | -29.3% |
| Others | N/A | N/A | 5.6 | N/A | 0% |
| Total | 538 | 1,034 | 250 | 164 | -32.7% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Singapore in 2022:
- Cambodia (32.0 units)
- South Korea (4.0 units)
- Italy (1.0 units)
- Taiwan (Chinese) (1.0 units)
- Indonesia (1.0 units)
- United States (1.0 units)
- Malaysia (1.0 units)
- China (1.0 units)
- Japan (1.0 units)
- Germany (1.0 units)
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