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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $2,896 per unit in 2022, with a decrease of -45% against the previous year. Overall, the import price faced a dramatic contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 690%. Over the period under review, average import prices attained the peak figure at $66,863 per unit in 2014; however, from 2015 to 2022, import prices remained at a 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 China ($4,194 per unit), while the price for the United States ($459 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-4.3%), while the prices for the other major suppliers experienced a decline.

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

For the fourth year in a row, Ireland recorded growth in supplies from abroad of knitting machines; circular, with cylinder diameter exceeding 165mms, which increased by 297% to 278 units in 2022. Over the period under review, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 400% against the previous year. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $805K in 2022. Overall, imports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 222%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ItalyN/AN/A35342721.0%
ChinaN/A1141.936979.9%
United KingdomN/AN/A10.78.0-25.2%
Others69.50.13.30.7-78.4%
Total69.5115369805126.3%

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

  1. Italy (183.0 units)
  2. China (88.0 units)
  3. United Kingdom (5.0 units)

Source: IndexBox Market Intelligence Platform

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