Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Paraguay - 2024

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $49,794 per unit in 2022, approximately reflecting the previous year. In general, the import price saw a remarkable increase. The growth pace was the most rapid in 2017 an increase of 1,241%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($57,174 per unit), while the price for Brazil stood at $49,227 per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+13.5%).

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

In 2022, overseas purchases of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -41.7% to 14 units, falling for the second year in a row after two years of growth. In general, imports recorded a sharp reduction. The pace of growth was the most pronounced in 2020 with an increase of 213% against the previous year. As a result, imports reached the peak of 97 units. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms plummeted to $697K in 2022. Overall, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2020 when imports increased by 173% against the previous year. As a result, imports reached the peak of $3.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Paraguay (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil42.020463.7640147.9%
China1,1723,1131,11657.2-63.5%
OthersN/AN/AN/AN/A0%
Total1,2143,3171,179697-16.9%

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

  1. Brazil (13.0 units)
  2. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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