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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $8,091 per unit, falling by -5.1% against the previous year. Overall, the import price showed a deep downturn. The pace of growth was the most pronounced in 2015 when the average import price increased by 30%. The import price peaked at $22,527 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 Germany ($37,534 per unit), while the price for China ($4,720 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (-0.7%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $4,449 per unit, picking up by 11% against the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2018 an increase of 180%. The export price peaked at $20,404 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($4,493 per unit), while the average price for exports to the United Arab Emirates ($3,607 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+40.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, imports of knitting machines; circular, with cylinder diameter exceeding 165mms into India skyrocketed to 9K units, jumping by 26% against 2021 figures. Over the period under review, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 219%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms surged to $72M in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 165% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the near future.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in India (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China16.112.232.431.625.2%
Germany12.12.610.318.214.6%
Taiwan (Chinese)3.13.812.110.851.6%
Italy1.70.51.05.951.4%
Hong Kong SAR0.10.20.40.10.0%
Others6.93.64.45.8-5.6%
Total40.022.960.672.521.9%

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

  1. China (6.7K units)
  2. Taiwan (Chinese) (0.8K units)
  3. Germany (0.5K units)
  4. Italy (0.4K units)
  5. Hong Kong SAR (0.1K units)

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

In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms exported from India soared to 70 units, with an increase of 250% against the previous year's figure. In general, exports saw a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $311K in 2022. Overall, exports recorded buoyant growth. Over the period under review, the exports of hit record highs at $331K in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Nepal18.633.763.6273144.8%
United Arab EmiratesN/AN/A0.87.2800.0%
Germany12749.1N/A4.5-67.2%
KenyaN/A9.415.4N/A63.8%
United KingdomN/A39.4N/AN/A0%
France11.7N/AN/AN/A0%
Zambia19.1N/AN/AN/A0%
Australia29.5N/AN/AN/A0%
Turkey14.4153N/AN/A962.5%
Others15.946.70.326.318.3%
Total23633180.13119.6%

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

  1. Nepal (64.0 units)
  2. United Arab Emirates (2.0 units)
  3. Germany (1.0 units)

Source: IndexBox Market Intelligence Platform

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