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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $1,846 per unit in 2022, which is down by -54.3% against the previous year. Overall, the import price showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the average import price increased by 2,245%. Over the period under review, average import prices attained the maximum at $8,443 per unit in 2014; however, from 2015 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 Italy ($2,725 per unit), while the price for China ($1,243 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was attained by China (+168.7%).

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

The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $22,234 per unit in 2022, remaining stable against the previous year. Over the period under review, the export price recorded a significant expansion. The growth pace was the most rapid in 2021 when the average export price decreased by 99.9%. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the near future.

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

From 2020 to 2022, the rate of growth in terms of prices for Romania amounted to +81.3% per year.

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

Imports of knitting machines; circular, with cylinder diameter exceeding 165mms into Hungary skyrocketed to 294 units in 2022, with an increase of 5,780% against 2021 figures. In general, imports recorded a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $543K in 2022. Over the period under review, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hungary (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
GermanyN/AN/A2900%
ItalyN/AN/A2320%
China1.020.211.2234.7%
TurkeyN/AN/A9.90%
OthersN/AN/AN/A0%
Total1.020.25432230.2%

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

  1. Germany (193.0 units)
  2. Italy (85.0 units)
  3. China (9.0 units)
  4. Turkey (7.0 units)

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

In 2022, approx. 17 units of knitting machines; circular, with cylinder diameter exceeding 165mms were exported from Hungary; stabilizing at the previous year's figure. Over the period under review, exports showed a significant increase. The smallest decline of 99.9% was in 2021. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms totaled $378K in 2022. Overall, exports saw a significant increase. The smallest decline of 99.9% was in 2021. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Hungary (Thousand USD)
COUNTRY202020212022CAGR,
2020-2022
Romania74.4N/A378125.4%
OthersN/AN/AN/A0%
Total74.4N/A378125.4%

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

  1. Romania (17.0 units)

Source: IndexBox Market Intelligence Platform

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