Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Guatemala - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Guatemala (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Guatemala
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Guatemala (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $44,765 per unit, rising by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.6%. The most prominent rate of growth was recorded in 2014 an increase of 31%. As a result, import price reached the peak level of $49,007 per unit. From 2015 to 2022, the average import prices failed to regain momentum.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were South Korea ($45,407 per unit) and Germany ($45,315 per unit), while the price for the United States ($36,511 per unit) and China ($44,048 per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+12.1%), 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 Guatemala
In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -28.9% to 69 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 203%. As a result, imports attained the peak of 97 units, and then fell rapidly in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms fell markedly to $3.1M in 2022. Overall, imports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 222%. As a result, imports reached the peak of $3.7M, and then plummeted in the following year.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Guatemala (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 140 | 213 | 3,118 | 1,362 | 113.5% |
| Spain | N/A | N/A | N/A | 709 | 0% |
| Germany | 95.5 | 772 | 160 | 498 | 73.4% |
| Japan | N/A | N/A | 68.1 | 314 | 361.1% |
| China | 612 | 60.6 | 249 | 132 | -40.0% |
| United States | 127 | N/A | N/A | 73.0 | -16.9% |
| El Salvador | N/A | 106 | 34.2 | N/A | -67.7% |
| Others | 28.0 | N/A | 82.9 | N/A | 72.1% |
| Total | 1,002 | 1,151 | 3,711 | 3,089 | 45.5% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Guatemala in 2022:
- South Korea (30.0 units)
- Spain (16.0 units)
- Germany (11.0 units)
- Japan (7.0 units)
- China (3.0 units)
- United States (2.0 units)
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