Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $3,962 per unit in 2022, declining by -13.6% against the previous year. Overall, the import price recorded a deep slump. The pace of growth appeared the most rapid in 2015 when the average import price increased by 12%. As a result, import price attained the peak level of $19,239 per unit. From 2016 to 2022, the average import prices failed to regain momentum.
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 Italy ($12,820 per unit), while the price for China ($3,193 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.2%), while the prices for the other major suppliers experienced a decline.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria
In 2022, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Algeria skyrocketed to 347 units, growing by 75% on the previous year's figure. In general, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2021 when imports increased by 151% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $1.4M in 2022. Overall, imports, however, saw a deep setback. The growth pace was the most rapid in 2021 with an increase of 55% against the previous year. Imports peaked at $2.3M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 729 | 189 | 664 | 999 | 11.1% |
| Italy | 1,614 | 397 | 237 | 295 | -43.2% |
| United Arab Emirates | N/A | N/A | N/A | 80.4 | 0% |
| Others | 0.2 | N/A | 6.1 | N/A | 452.3% |
| Total | 2,344 | 586 | 908 | 1,375 | -16.3% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Algeria in 2022:
- China (313.0 units)
- Italy (23.0 units)
- United Arab Emirates (11.0 units)
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