Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam
- Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $28,980 per unit, declining by -6.2% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for knitting machines; circular, with cylinder diameter exceeding 165mms decreased by -37.6% against 2016 indices. The most prominent rate of growth was recorded in 2015 an increase of 44%. Over the period under review, average import prices hit record highs at $46,423 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($56,652 per unit), while the price for China ($26,221 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), 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 Vietnam (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $35,269 per unit, declining by -8.8% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 152% against the previous year. Over the period under review, the average export prices hit record highs at $44,934 per unit in 2017; however, from 2018 to 2022, the export prices stood 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 South Korea ($48,551 per unit), while the average price for exports to India amounted to $6,048 per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to India (+4.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam
In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms imported into Vietnam dropped slightly to 1.7K units, approximately reflecting the year before. Overall, imports saw a perceptible descent. The pace of growth was the most pronounced in 2021 with an increase of 103% against the previous year. Imports peaked at 2K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms contracted to $51M in 2022. In general, imports faced a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 79%. Over the period under review, imports of reached the peak figure at $77M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 41.6 | 19.1 | 38.6 | 37.2 | -3.7% |
| Taiwan (Chinese) | 9.2 | 2.8 | 7.0 | 8.5 | -2.6% |
| Italy | 1.8 | 0.1 | 0.8 | 2.6 | 13.0% |
| South Korea | 5.0 | 1.6 | 6.2 | 2.0 | -26.3% |
| Japan | 11.4 | 6.3 | 1.3 | 0.2 | -74.0% |
| Others | 8.4 | 0.1 | N/A | 0.1 | -77.2% |
| Total | 77.5 | 30.1 | 53.9 | 50.6 | -13.2% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Vietnam in 2022:
- China (1417.0 units)
- Taiwan (Chinese) (237.0 units)
- Italy (49.0 units)
- South Korea (35.0 units)
- Japan (4.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam
In 2022, exports of knitting machines; circular, with cylinder diameter exceeding 165mms from Vietnam stood at 16 units, flattening at 2021 figures. In general, exports faced a dramatic decline. The pace of growth was the most pronounced in 2021 when exports increased by 6.7%. Over the period under review, the exports of hit record highs at 33 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms reduced to $564K in 2022. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 168% against the previous year. As a result, the exports reached the peak of $619K, and then reduced in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 325 | 49.5 | 299 | 534 | 18.0% |
| India | N/A | 107 | N/A | 30.2 | -46.9% |
| Ethiopia | 225 | N/A | N/A | N/A | 0% |
| Egypt | N/A | N/A | 319 | N/A | 0% |
| Myanmar | 9.0 | N/A | N/A | N/A | 0% |
| Israel | N/A | 73.0 | N/A | N/A | 0% |
| Others | N/A | 0.7 | N/A | N/A | 0% |
| Total | 560 | 230 | 619 | 564 | 0.2% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Vietnam in 2022:
- South Korea (11.0 units)
- India (5.0 units)
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