Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States - 2024
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States (FOB) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States (CIF) - 2024
- Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $22,059 per unit, with a decrease of -12.8% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 40% against the previous year. As a result, the export price reached the peak level of $30,113 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was India ($81,000 per unit), while the average price for exports to Pakistan ($12,917 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 India (+14.0%), 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 the United States (CIF) - 2024
The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $44,660 per unit in December 2023, rising by 14% against the previous month. Over the period under review, the import price posted a modest increase. The pace of growth was the most pronounced in May 2023 an increase of 92% against the previous month. The import price peaked in December 2023.
Average prices varied somewhat amongst the major supplying countries. In December 2023, the country with the highest price was Japan ($48,922 per unit), while the price for Germany totaled $34,006 per unit.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.9%), 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 the United States
In 2022, shipments abroad of knitting machines; circular, with cylinder diameter exceeding 165mms was finally on the rise to reach 1.1K units for the first time since 2019, thus ending a two-year declining trend. In general, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms surged to $24M in 2022. Overall, exports posted a prominent expansion. 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 the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Honduras | 5.5 | 5.9 | 6.7 | 10.0 | 22.1% |
| Bangladesh | N/A | 0.1 | 0.5 | 7.9 | 788.8% |
| Mexico | 1.5 | 1.2 | 1.5 | 2.4 | 17.0% |
| Dominican Republic | 0.2 | N/A | 0.1 | 1.1 | 76.5% |
| China | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
| Peru | 0.2 | 0.7 | 0.7 | 0.3 | 14.5% |
| Guatemala | 0.1 | N/A | 0.5 | 0.2 | 26.0% |
| Thailand | 4.1 | N/A | N/A | N/A | 0% |
| Canada | 0.6 | 1.5 | 0.1 | N/A | -59.2% |
| Others | 2.4 | 1.9 | 3.0 | 1.8 | -9.1% |
| Total | 14.7 | 11.5 | 13.1 | 24.2 | 18.1% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from the United States in 2022:
- Honduras (706.0 units)
- Bangladesh (169.0 units)
- Mexico (95.0 units)
- China (27.0 units)
- Dominican Republic (27.0 units)
- Peru (19.0 units)
- Guatemala (10.0 units)
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States
After three years of growth, overseas purchases of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -35.8% to 145 units in 2022. In general, total imports indicated modest growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 29% against the previous year. Imports peaked at 226 units in 2021, and then reduced notably in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted rapidly to $5.6M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 37% against the previous year. Over the period under review, imports of reached the peak figure at $10M in 2021, and then dropped remarkably in the following year.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Japan | 3,697 | 3,781 | 2,968 | 2,924 | -7.5% |
| Germany | 598 | 1,506 | 5,594 | 1,027 | 19.8% |
| Italy | 338 | 966 | 1,011 | 707 | 27.9% |
| Taiwan (Chinese) | 217 | 840 | N/A | 355 | 17.8% |
| China | 277 | 395 | 414 | 267 | -1.2% |
| United Kingdom | 144 | 46.5 | N/A | 136 | -1.9% |
| South Korea | 212 | 70.0 | 128 | 134 | -14.2% |
| Turkey | 151 | 9.8 | 10.2 | 14.7 | -54.0% |
| Others | 48.5 | 193 | N/A | 48.9 | 0.3% |
| Total | 5,684 | 7,807 | 10,126 | 5,614 | -0.4% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to the United States in 2022:
- Japan (67.0 units)
- Germany (24.0 units)
- Italy (15.0 units)
- China (12.0 units)
- Taiwan (Chinese) (11.0 units)
- United Kingdom (6.0 units)
- South Korea (4.0 units)
- Turkey (2.0 units)
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