Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Angola - 2022

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Angola (CIF) - 2022
  2. Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Angola

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $35,787 per unit, growing by 14% against the previous year. In general, the import price recorded a buoyant increase. The pace of growth appeared the most rapid in 2021 an increase of 895% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

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 China ($53,665 per unit), while the price for Portugal stood at $31 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+126.7%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, overseas purchases of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -50% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate prominent growth. The pace of growth was the most pronounced in 2020 when imports increased by 150% against the previous year. Imports peaked at 6 units in 2021, and then shrank notably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted remarkably to $107K in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,094% against the previous year. As a result, imports attained the peak of $188K, and then shrank remarkably in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China26.89.418110758.6%
NamibiaN/AN/AN/AN/A0%
IndiaN/A6.37.2N/A14.3%
PortugalN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total26.815.818810758.6%

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

  1. China (2.0 units)
  2. Portugal (1.0 units)

Source: IndexBox Market Intelligence Platform

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