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

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter exceeding 165mms stood at $15,386 per unit in 2022, dropping by -12.9% against the previous year. Overall, the import price continues to indicate a pronounced contraction. The growth pace was the most rapid in 2020 an increase of 7,889%. The import price peaked at $31,942 per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($22,389 per unit), while the price for Panama ($13 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (-5.3%), while the prices for the other major suppliers experienced a decline.

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

In 2022, purchases abroad of knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -33.3% to 10 units for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 150%. As a result, imports attained the peak of 15 units, and then dropped rapidly in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted rapidly to $154K in 2022. Over the period under review, imports, however, saw significant growth. The growth pace was the most rapid in 2020 with an increase of 9,487% against the previous year. Imports peaked at $265K in 2021, and then contracted rapidly in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.331.0222134664.4%
ChinaN/A0.530.011.3375.4%
GermanyN/A1.17.74.7106.7%
Taiwan (Chinese)N/A0.75.33.5123.6%
PanamaN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total0.333.2265154700.7%

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

  1. United States (6.0 units)
  2. Germany (1.0 units)
  3. Panama (1.0 units)
  4. China (1.0 units)
  5. Taiwan (Chinese) (1.0 units)

Source: IndexBox Market Intelligence Platform

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