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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $9,729 per unit, with a decrease of -7.9% against the previous year. In general, the import price saw a abrupt curtailment. The growth pace was the most rapid in 2017 when the average import price increased by 5.3%. The import price peaked at $19,286 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 India ($30,401 per unit), while the price for Germany ($849 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+6.9%), while the prices for the other major suppliers experienced a decline.

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $20,702 per unit in 2022, rising by 246% against the previous year. In general, the export price posted a buoyant increase. The export price peaked at $30,871 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Taiwan (Chinese).

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +253.5% per year.

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

In 2022, approx. 148 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Thailand; waning by -28.8% compared with 2021 figures. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by 108% against the previous year. As a result, imports reached the peak of 208 units, and then declined significantly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms shrank rapidly to $1.4M in 2022. Over the period under review, imports saw a abrupt decline. The growth pace was the most rapid in 2021 when imports increased by 80% against the previous year. Imports peaked at $2.7M 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 Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7013471,0137713.2%
South Korea3360.9N/A3794.1%
IndiaN/AN/AN/A1820%
Taiwan (Chinese)95.552.227.768.5-10.5%
Italy1,5536761,15639.0-70.7%
GermanyN/A146N/A0.8-92.6%
OthersN/AN/A0.1N/A0%
Total2,6861,2232,1971,440-18.8%

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

  1. China (97.0 units)
  2. South Korea (32.0 units)
  3. Taiwan (Chinese) (8.0 units)
  4. India (6.0 units)
  5. Italy (4.0 units)
  6. Germany (1.0 units)

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

Exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Thailand fell significantly to 1 units in 2022, reducing by -85.7% against 2021. Overall, exports saw a significant decline. The smallest decline of -41.7% was in 2021. Over the period under review, the exports of reached the maximum at 12 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms contracted rapidly to $21K in 2022. In general, exports recorded a dramatic curtailment. Over the period under review, the exports of hit record highs at $260K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Thailand (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Taiwan (Chinese)N/AN/A20.70%
Japan74.0N/AN/A0%
Vietnam74.3N/AN/A0%
United Kingdom28.4N/AN/A0%
India83.341.7N/A-49.9%
MyanmarN/A0.3N/A0%
OthersN/AN/AN/A0%
Total26041.920.7-71.8%

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

  1. Taiwan (Chinese) (1.0 units)

Source: IndexBox Market Intelligence Platform

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