Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Argentina - 2023

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Argentina (CIF) - 2023
  2. Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Argentina

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Argentina (CIF) - 2023

In June 2023, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $42,566 per unit, declining by -22.4% against the previous month. Overall, the import price recorded a slight decrease. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 64% against the previous month. As a result, import price attained the peak level of $77,078 per unit. From May 2023 to June 2023, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($76,107 per unit), while the price for China amounted to $23,400 per unit.

From December 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, approx. 538 units of knitting machines; circular, with cylinder diameter exceeding 165mms were imported into Argentina; increasing by 7.8% on 2021. Overall, imports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 293% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms reduced slightly to $14M in 2022. Over the period under review, imports recorded significant growth. The pace of growth appeared the most rapid in 2021 with an increase of 297%. As a result, imports attained the peak of $15M, and then fell modestly in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Argentina (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany0.60.55.44.697.2%
China0.11.55.24.0242.0%
Brazil0.30.31.12.088.2%
ItalyN/A0.41.11.9117.9%
Taiwan (Chinese)N/A0.20.10.673.2%
JapanN/A0.20.90.673.2%
Czech Republic0.20.30.40.426.0%
Others0.20.40.80.20.0%
Total1.53.815.014.3112.0%

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

  1. China (304.0 units)
  2. Germany (89.0 units)
  3. Brazil (48.0 units)
  4. Italy (44.0 units)
  5. Taiwan (Chinese) (21.0 units)
  6. Japan (14.0 units)
  7. Czech Republic (7.0 units)

Source: IndexBox Market Intelligence Platform

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