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

Contents:

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

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

The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $42,478 per unit in 2022, increasing by 68% against the previous year. In general, export price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for knitting machines; circular, with cylinder diameter exceeding 165mms increased by +132.7% against 2020 indices. The export price peaked at $48,309 per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Portugal ($62,015 per unit), while the average price for exports to Egypt ($7,208 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 Jordan (+16.9%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $26,317 per unit, rising by 38% against the previous year. In general, the import price posted a resilient expansion. The growth pace was the most rapid in 2013 an increase of 94%. The import price peaked at $36,848 per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($132,570 per unit), while the price for Thailand ($2,875 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas shipments of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -28.8% to 1.7K units in 2022. In general, exports, however, showed a strong increase. The growth pace was the most rapid in 2020 with an increase of 86%. Over the period under review, the exports of hit record highs at 2.4K units in 2021, and then shrank sharply in the following year.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $72M in 2022. Overall, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 50% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in years to come.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil3.25.08.112.055.4%
Turkey5.512.018.711.628.2%
India1.00.32.97.192.2%
Sri Lanka2.22.73.46.442.8%
Dominican RepublicN/AN/AN/A3.60%
Bangladesh2.12.03.43.417.4%
Jordan1.31.31.13.133.6%
Vietnam2.00.20.82.69.1%
Portugal5.53.04.12.5-23.1%
PeruN/A0.60.82.291.5%
Mexico0.50.50.72.161.3%
Egypt0.62.82.61.432.6%
Spain0.30.31.11.258.7%
Others12.09.412.412.82.2%
Total36.140.060.071.825.8%

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

  1. India (223.0 units)
  2. Brazil (218.0 units)
  3. Turkey (205.0 units)
  4. Egypt (188.0 units)
  5. Sri Lanka (111.0 units)
  6. Jordan (85.0 units)
  7. Dominican Republic (65.0 units)
  8. Bangladesh (60.0 units)
  9. Peru (56.0 units)
  10. Vietnam (48.0 units)
  11. Spain (47.0 units)
  12. Portugal (40.0 units)
  13. Mexico (39.0 units)

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

Imports of knitting machines; circular, with cylinder diameter exceeding 165mms into Italy reduced to 591 units in 2022, which is down by -7.4% against the previous year's figure. In general, imports, however, showed a resilient increase. The growth pace was the most rapid in 2021 with an increase of 132%. As a result, imports attained the peak of 638 units, and then dropped in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms skyrocketed to $16M in 2022. Overall, imports, however, posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 209%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Italy (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.11.34.88.540.0%
Germany3.40.84.93.94.7%
Japan0.6N/A1.72.049.4%
TunisiaN/AN/AN/A0.20%
United Kingdom0.60.8N/A0.2-30.7%
Turkey0.30.30.10.1-30.7%
PortugalN/A0.20.10.1-29.3%
ThailandN/AN/AN/AN/A0%
Sri LankaN/AN/AN/AN/A0%
Bosnia and HerzegovinaN/AN/A0.1N/A0%
Others0.20.60.30.535.7%
Total8.23.912.115.623.9%

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

  1. China (454.0 units)
  2. Germany (48.0 units)
  3. Japan (15.0 units)
  4. Thailand (13.0 units)
  5. Turkey (12.0 units)
  6. Portugal (12.0 units)
  7. Tunisia (11.0 units)
  8. United Kingdom (7.0 units)

Source: IndexBox Market Intelligence Platform

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