Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Russia - 2022

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $33,852 per unit in 2022, dropping by -32% against the previous year. Over the period under review, the import price, however, continues to indicate modest growth. The pace of growth appeared the most rapid in 2014 when the average import price increased by 93% against the previous year. The import price peaked at $60,344 per unit in 2019; however, from 2020 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 Germany ($82,559 per unit), while the price for Uzbekistan ($2,445 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+24.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2021, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $34,783 per unit, jumping by 22% against the previous year. Over the period under review, the export price saw a significant expansion. The most prominent rate of growth was recorded in 2020 when the average export price increased by 222% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Uzbekistan ($37,261 per unit), while the average price for exports to Kazakhstan totaled $94 per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+102.0%), while the prices for the other major destinations experienced mixed trend patterns.

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

For the fourth consecutive year, Russia recorded growth in supplies from abroad of knitting machines; circular, with cylinder diameter exceeding 165mms, which increased by 5.9% to 198 units in 2022. Overall, imports saw a significant increase. The growth pace was the most rapid in 2021 when imports increased by 68% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted notably to $6.7M in 2022. Over the period under review, imports posted a buoyant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 88% against the previous year. As a result, imports attained the peak of $9.3M, and then declined rapidly in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Russia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.22.15.64.426.0%
China0.51.91.82.058.7%
TurkeyN/AN/A0.10.2100.0%
UzbekistanN/AN/AN/A0.10%
Taiwan (Chinese)0.70.60.6N/A-7.4%
Italy1.70.20.9N/A-27.2%
BelarusN/AN/A0.1N/A0%
Others0.10.10.2N/A41.4%
Total5.15.09.36.79.5%

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

  1. China (83.0 units)
  2. Germany (53.0 units)
  3. Turkey (39.0 units)
  4. Uzbekistan (21.0 units)

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

In 2021, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms exported from Russia surged to 15 units, picking up by 275% against 2020. Over the period under review, exports, however, recorded a deep setback. Over the period under review, the exports of attained the maximum at 17 units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms soared to $522K in 2021. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Russia (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
Uzbekistan146N/A52289.1%
Kazakhstan0.5N/A0.1-55.3%
ItalyN/A114N/A0%
Others4.0N/AN/A0%
Total15111452285.9%

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

  1. Uzbekistan (14.0 units)
  2. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform

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