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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $30,471 per unit, surging by 14% against the previous year. Overall, the import price, however, continues to indicate a pronounced contraction. Over the period under review, average import prices reached the maximum at $48,035 per unit in 2018; however, from 2019 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 Germany ($69,244 per unit), while the price for China ($18,212 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7,683.9%), 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 Thailand (FOB) - 2022

The average export price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $6,396 per unit in 2022, declining by -39.1% against the previous year. In general, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 70% against the previous year. As a result, the export price attained the peak level of $61,552 per unit. From 2019 to 2022, the average export prices remained 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 Turkey ($9,101 per unit), while the average price for exports to Italy ($3,909 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 Vietnam (+25.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, overseas purchases of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -4.7% to 286 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed significant growth. The growth pace was the most rapid in 2020 when imports increased by 114%. Imports peaked at 300 units in 2021, and then contracted modestly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms expanded remarkably to $8.7M in 2022. Overall, imports, however, continue to indicate significant growth. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the near future.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Thailand (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)1.20.41.95.263.0%
China0.43.86.12.993.5%
Germany1.81.1N/A0.6-30.7%
Others0.3N/AN/AN/A0%
Total3.75.28.08.733.0%

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

  1. China (159.0 units)
  2. Taiwan (Chinese) (118.0 units)
  3. Germany (9.0 units)

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

In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms exported from Thailand soared to 16 units, with an increase of 129% compared with the year before. Over the period under review, exports saw a significant increase. The growth pace was the most rapid in 2020 when exports increased by 825% against the previous year. As a result, the exports attained the peak of 37 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms skyrocketed to $102K in 2022. In general, exports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2020 with an increase of 488%. As a result, the exports reached the peak of $918K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Thailand (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
India71.810573.542.5-16.0%
TurkeyN/A138N/A36.4-48.6%
ItalyN/AN/AN/A23.50%
Sri LankaN/A657N/AN/A0%
FranceN/A17.0N/AN/A0%
Taiwan (Chinese)84.4N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total15691873.5102-13.2%

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

  1. India (6.0 units)
  2. Italy (6.0 units)
  3. Turkey (4.0 units)

Source: IndexBox Market Intelligence Platform

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