Philippines - Flat Knitting Machines, Stitch-Bonding Machines And Warp Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnitting Machine Price in the Philippines - 2023
Contents:
- Knitting Machine Price in the Philippines (CIF) - 2022
- Knitting Machine Price in the Philippines (FOB) - 2022
- Knitting Machine Imports in the Philippines
- Knitting Machine Exports in the Philippines
Knitting Machine Price in the Philippines (CIF) - 2022
In 2022, the average knitting machine import price amounted to $3,279 per unit, jumping by 42% against the previous year. Overall, the import price, however, showed a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 93% against the previous year. As a result, import price attained the peak level of $7,578 per unit. From 2018 to 2022, the average import prices failed to regain momentum.
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 Germany ($8,533 per unit), while the price for Taiwan (Chinese) ($2,066 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-1.6%), while the prices for the other major suppliers experienced a decline.
Knitting Machine Price in the Philippines (FOB) - 2022
In 2022, the average knitting machine export price amounted to $9,925 per unit, jumping by 41% against the previous year. Overall, the export price recorded a prominent expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 2,807%. Over the period under review, the average export prices attained the maximum at $10,347 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
As there is only one major export destination, the average price level is determined by prices for South Korea.
From 2012 to 2022, the rate of growth in terms of prices for South Korea amounted to +1,023.4% per year.
Knitting Machine Imports in the Philippines
In 2022, imports of flat knitting machines, stitch-bonding machines and warp knitting machines into the Philippines shrank significantly to 126 units, declining by -86% against the previous year's figure. Overall, imports recorded a sharp contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 180% against the previous year. As a result, imports reached the peak of 900 units, and then dropped sharply in the following year.
In value terms, knitting machine imports dropped dramatically to $413K in 2022. Over the period under review, imports showed a precipitous decrease. The most prominent rate of growth was recorded in 2021 when imports increased by 207%. As a result, imports attained the peak of $2.1M, and then declined dramatically in the following year.
Import of Knitting Machine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 310 | 293 | 808 | 223 | -10.4% |
Germany | 112 | 81.5 | 111 | 128 | 4.6% |
South Korea | 486 | 117 | 892 | 53.7 | -52.0% |
Taiwan (Chinese) | 106 | 73.2 | 94.8 | 8.3 | -57.2% |
Vietnam | 28.0 | 22.3 | 36.2 | N/A | 13.7% |
Cambodia | 15.2 | 14.8 | 35.9 | N/A | 53.7% |
Japan | 39.7 | 24.6 | 28.6 | N/A | -15.1% |
Others | 109 | 47.9 | 65.2 | N/A | -22.7% |
Total | 1,207 | 675 | 2,071 | 413 | -30.1% |
Top Suppliers of Knitting Machine to the Philippines in 2022:
- China (90.0 units)
- South Korea (17.0 units)
- Germany (15.0 units)
- Taiwan (Chinese) (4.0 units)
Knitting Machine Exports in the Philippines
In 2022, approx. 1 units of flat knitting machines, stitch-bonding machines and warp knitting machines were exported from the Philippines; with a decrease of -90% against 2021 figures. In general, exports continue to indicate a significant contraction. Over the period under review, the exports attained the maximum at 10 units in 2021, and then fell significantly in the following year.
In value terms, knitting machine exports dropped dramatically to $9.9K in 2022. Overall, exports, however, posted a significant increase. The pace of growth was the most pronounced in 2020 with an increase of 2,807%. The exports peaked at $70K in 2021, and then shrank sharply in the following year.
Export of Knitting Machine in the Philippines (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | N/A | 0.2 | N/A | 9.9 | 603.6% |
Hong Kong SAR | 0.6 | 19.8 | 25.0 | N/A | 545.5% |
Thailand | N/A | 0.6 | 0.6 | N/A | 0.0% |
China | 0.5 | 15.8 | 18.2 | N/A | 503.3% |
Germany | N/A | N/A | N/A | N/A | 0% |
Vietnam | 0.2 | 5.9 | 7.4 | N/A | 508.3% |
United States | N/A | 0.6 | 1.4 | N/A | 133.3% |
Cambodia | N/A | 0.3 | 0.3 | N/A | 0.0% |
India | 0.4 | 11.2 | 16.3 | N/A | 538.4% |
Taiwan (Chinese) | N/A | 1.0 | 1.1 | N/A | 10.0% |
Others | N/A | N/A | N/A | N/A | 0% |
Total | 1.9 | 55.6 | 70.4 | 9.9 | 73.4% |
Top Export Markets for Knitting Machine from the Philippines in 2022:
- South Korea (1.0 units)
This report provides an in-depth analysis of the knitting machine market in the Philippines. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
Country coverage:
- Philippines
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the Philippines
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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