Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Africa - 2024

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $10,699 per unit in 2022, with an increase of 53% against the previous year. In general, the import price posted buoyant growth. The growth pace was the most rapid in 2013 an increase of 365%. As a result, import price reached the peak level of $21,327 per unit. From 2014 to 2022, the average 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 Germany ($18,445 per unit), while the price for Japan ($145 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+41.9%), while the prices for the other major suppliers experienced mixed trend patterns.

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $7,341 per unit in 2022, waning by -78.3% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The pace of growth was the most pronounced in 2015 when the average export price increased by 2,145%. The export price peaked at $33,846 per unit in 2021, and then contracted dramatically in the following year.

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

From 2012 to 2022, the rate of growth in terms of prices for India amounted to +52.5% per year.

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

In 2022, approx. 71 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into South Africa; rising by 6% against the previous year's figure. In general, imports, however, recorded a sharp curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 179% against the previous year. Over the period under review, imports of attained the peak figure at 148 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $760K in 2022. Overall, imports, however, continue to indicate a precipitous slump. Imports peaked at $2.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,367265289670-21.2%
China38451.917952.3-48.5%
Germany1440.1N/A36.9-36.5%
United States0.50.10.40.3-15.7%
Switzerland147N/AN/AN/A0%
Others9.1N/AN/A0.3-67.9%
Total2,051317469760-28.2%

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

  1. Italy (48.0 units)
  2. China (17.0 units)
  3. United States (2.0 units)
  4. Germany (2.0 units)

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

In 2022, approx. 14 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from South Africa; picking up by 367% against 2021. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms reached $103K in 2022. Over the period under review, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +26.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +101.4% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 59% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/A2.8N/A103506.5%
Botswana7.2N/AN/AN/A0%
GermanyN/AN/A59.0N/A0%
NamibiaN/AN/A0.1N/A0%
MozambiqueN/A1.4N/AN/A0%
Zimbabwe43.36.2N/AN/A-85.7%
IndiaN/A70.7N/AN/A0%
United Arab Emirates0.5N/AN/AN/A0%
GhanaN/AN/A7.5N/A0%
OthersN/AN/A34.9N/A0%
Total51.081.210210326.4%

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

  1. Italy (14.0 units)

Source: IndexBox Market Intelligence Platform

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