Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa - 2024

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (CIF) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (FOB) - 2022
  3. Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa
  4. Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (CIF) - 2022

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $34,848 per unit in 2022, rising by 12% against the previous year. Over the period under review, the import price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2013 an increase of 80% against the previous year. As a result, import price attained the peak level of $137,094 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($61,674 per unit), while the price for Hong Kong SAR ($270 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+27.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (FOB) - 2022

In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $5,914 per unit, rising by 99% against the previous year. In general, the export price showed significant growth. The pace of growth was the most pronounced in 2020 an increase of 2,738%. The export price peaked at $32,129 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Zimbabwe ($17,506 per unit), while the average price for exports to Namibia ($59 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 Mozambique (+105.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa

In 2022, imports of knitting machines; circular, with cylinder diameter exceeding 165mms into South Africa fell to 38 units, with a decrease of -7.3% on 2021. In general, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 273%. As a result, imports reached the peak of 41 units, and then reduced in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $1.3M in 2022. Overall, imports, however, posted a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 414% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan143N/A16072171.5%
United Kingdom0.10.20.24321528.7%
China18278.2584168-2.6%
Taiwan (Chinese)N/AN/A31.42.3-92.7%
United States0.20.21.31.176.5%
Hong Kong SARN/AN/A0.30.30.0%
GermanyN/A169494N/A192.3%
SloveniaN/A0.1N/AN/A0%
Italy175N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total5002471,2721,32438.3%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to South Africa in 2022:

  1. Japan (16.0 units)
  2. China (11.0 units)
  3. United Kingdom (7.0 units)
  4. United States (1.0 units)
  5. Taiwan (Chinese) (1.0 units)
  6. Hong Kong SAR (1.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa

In 2022, overseas shipments of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by 0% to 3 units, falling for the second consecutive year after two years of growth. Overall, exports saw buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 350% against the previous year. As a result, the exports attained the peak of 9 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms surged to $18K in 2022. Over the period under review, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 12,670% against the previous year. As a result, the exports attained the peak of $87K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ZimbabweN/AN/A8.417.5108.3%
GhanaN/AN/AN/A0.20%
NamibiaN/A2.50.40.1-80.0%
Botswana0.71.9N/AN/A171.4%
SwazilandN/A14.20.2N/A-98.6%
MozambiqueN/A67.2N/AN/A0%
ZambiaN/A0.2N/AN/A0%
KenyaN/A0.4N/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.786.68.917.7193.5%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from South Africa in 2022:

  1. Ghana (1.0 units)
  2. Zimbabwe (1.0 units)
  3. Namibia (1.0 units)

Source: IndexBox Market Intelligence Platform

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