Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $13,692 per unit in 2022, with an increase of 41% against the previous year. Overall, the import price showed a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 117%. Over the period under review, average import prices reached the peak figure at $29,104 per unit in 2015; however, from 2016 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 Taiwan (Chinese) ($30,966 per unit), while the price for Namibia ($106 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya
In 2022, purchases abroad of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -42.9% to 28 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 188% against the previous year. As a result, imports reached the peak of 49 units, and then shrank markedly in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms declined sharply to $383K in 2022. In general, imports, however, showed significant growth. The growth pace was the most rapid in 2021 when imports increased by 162%. As a result, imports attained the peak of $475K, and then declined remarkably in the following year.
Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Kenya (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 21.9 | 113 | 225 | 312 | 142.4% |
Taiwan (Chinese) | 18.4 | 58.1 | 151 | 61.9 | 49.8% |
India | 7.4 | 9.6 | 99.3 | 9.5 | 8.7% |
Namibia | N/A | N/A | N/A | 0.1 | 0% |
United Kingdom | 74.7 | N/A | N/A | N/A | 0% |
Others | N/A | 0.4 | N/A | N/A | 0% |
Total | 122 | 181 | 475 | 383 | 46.4% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Kenya in 2022:
- China (21.0 units)
- India (4.0 units)
- Taiwan (Chinese) (2.0 units)
- Namibia (1.0 units)
This report provides an in-depth analysis of the knitting machines market in Kenya.
This report provides an in-depth analysis of the knitting machine market in Kenya.
This report provides an in-depth analysis of the market for textile weaving and knitting machinery in Kenya.
Global Circular Knitting Machine Market Report 2018. This report provides an in-depth analysis of the global circular knitting machine market.
This report provides an in-depth analysis of the global knitting machines market.
This report provides an in-depth analysis of the global knitting machine market.
This report provides an in-depth analysis of the global market for textile weaving and knitting machinery.
This report provides an in-depth analysis of the knitting machines market in Kenya.
This report provides an in-depth analysis of the knitting machine market in Kenya.
Global Circular Knitting Machine Market Report 2018. This report provides an in-depth analysis of the global circular knitting machine market.
Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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