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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $2,657 per unit in 2022, dropping by -66.6% against the previous year. Over the period under review, the import price continues to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 513%. The import price peaked at $49,434 per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($14,164 per unit), while the price for Turkey ($210 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (-8.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $614 per unit, which is down by -20.1% against the previous year. Over the period under review, the export price faced a sharp reduction. The pace of growth was the most pronounced in 2014 when the average export price increased by 63% against the previous year. The export price peaked at $15,200 per unit in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -25.3% per year.

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

In 2022, purchases abroad of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -22.2% to 7 units for the first time since 2018, thus ending a three-year rising trend. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 29%. As a result, imports reached the peak of 9 units, and then reduced markedly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms fell rapidly to $19K in 2022. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2021 when imports increased by 688% against the previous year. As a result, imports attained the peak of $72K, and then contracted dramatically in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany18.17.040.214.2-7.8%
Italy1.80.85.01.91.8%
Russia0.90.42.20.8-3.9%
Taiwan (Chinese)1.30.42.20.7-18.6%
China1.20.30.20.6-20.6%
Turkey0.60.25.20.2-30.7%
Poland0.30.10.70.2-12.6%
LithuaniaN/AN/A8.0N/A0%
OthersN/AN/A8.0N/A0%
Total24.39.171.718.6-8.5%

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

  1. Turkey (1.0 units)
  2. Italy (1.0 units)
  3. Taiwan (Chinese) (1.0 units)
  4. Poland (1.0 units)
  5. Germany (1.0 units)
  6. China (1.0 units)
  7. Russia (1.0 units)

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

For the third consecutive year, Belarus recorded decline in shipments abroad of knitting machines; circular, with cylinder diameter exceeding 165mms, which decreased by 0% to 1 units in 2022. Overall, exports continue to indicate a sharp reduction. The smallest decline of -33.3% was in 2020. Over the period under review, the exports of reached the maximum at 3 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted sharply to $614 in 2022. In general, exports recorded a precipitous setback. The smallest decline of -20% was in 2021. Over the period under review, the exports of reached the maximum at $1.2K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Belarus (USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia24.0427768614194.7%
Ukraine45.0N/AN/AN/A0%
Turkey1,131533N/AN/A-52.9%
OthersN/AN/AN/AN/A0%
Total1,200960768614-20.0%

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

  1. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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