Europe: Knitting Machine Market 2024

Knitting Machine Market Size in Europe

The Europe knitting machine market rose sharply to $X in 2023, picking up by X% against the previous year. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2023, consumption stood at a somewhat lower figure.

Knitting Machine Production in Europe

In value terms, knitting machine production contracted modestly to $X in 2023 estimated in export price. In general, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, production reached the peak level of $X. From 2014 to 2023, production growth remained at a lower figure.

Knitting Machine Exports

Exports in Europe

In 2023, the amount of flat knitting machines, stitch-bonding machines and warp knitting machines exported in Europe dropped markedly to X units, falling by X% against 2022. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

In value terms, knitting machine exports fell notably to $X in 2023. Over the period under review, exports showed a sharp setback. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Spain was the largest exporter of flat knitting machines, stitch-bonding machines and warp knitting machines in Europe, with the volume of exports finishing at X units, which was approx. X% of total exports in 2023. The UK (X units) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Italy (X%), Slovenia (X%) and France (X%). The following exporters - Latvia (X units) and the Netherlands (X units) - together made up X% of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Slovenia (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) remains the largest knitting machine supplier in Europe, comprising X% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a X% share of total exports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value in Italy stood at X%. In the other countries, the average annual rates were as follows: the Netherlands (X% per year) and Spain (X% per year).

Export Prices by Country

The export price in Europe stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2022 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the other leaders experienced a decline in the export price figures.

Knitting Machine Imports

Imports in Europe

Knitting machine imports soared to X units in 2023, rising by X% against 2022 figures. In general, imports, however, showed a mild decline. The most prominent rate of growth was recorded in 2016 with an increase of X%. Over the period under review, imports attained the peak figure at X units in 2014; however, from 2015 to 2023, imports remained at a lower figure.

In value terms, knitting machine imports dropped to $X in 2023. Over the period under review, imports, however, recorded a perceptible shrinkage. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2023, imports failed to regain momentum.

Imports by Country

In 2023, Greece (X units), distantly followed by Italy (X units), Russia (X units), France (X units), the UK (X units), Slovenia (X units) and Spain (X units) were the key importers of flat knitting machines, stitch-bonding machines and warp knitting machines, together mixing up X% of total imports.

From 2012 to 2023, the biggest increases were recorded for Greece (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X) constitutes the largest market for imported flat knitting machines, stitch-bonding machines and warp knitting machines in Europe, comprising X% of total imports. The second position in the ranking was held by Russia ($X), with a X% share of total imports. It was followed by France, with a X% share.

In Italy, knitting machine imports expanded at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Russia (X% per year) and France (X% per year).

Import Prices by Country

In 2023, the import price in Europe amounted to $X per unit, which is down by X% against the previous year. In general, the import price saw a noticeable decline. The growth pace was the most rapid in 2015 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2016 to 2023, the import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Italy ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform