Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia - 2023

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (CIF) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (FOB) - 2022
  3. Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia
  4. Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (CIF) - 2022

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $8,035 per unit, dropping by -10.6% against the previous year. Over the period under review, the import price faced a abrupt downturn. The pace of growth appeared the most rapid in 2020 when the average import price increased by 176%. Over the period under review, average import prices attained the peak figure at $34,164 per unit in 2012; however, from 2013 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 Italy ($26,497 per unit), while the price for the United States ($1,375 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+7.0%), while the prices for the other major suppliers experienced a decline.

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (FOB) - 2022

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $26,358 per unit in 2022, growing by 5,781% against the previous year. Overall, the export price, however, recorded a slight shrinkage. The export price peaked at $31,423 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for China.

From 2013 to 2022, the rate of growth in terms of prices for New Zealand amounted to -2.1% per year.

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia

In 2022, approx. 48 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Australia; declining by -54.7% compared with the year before. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 308% against the previous year. As a result, imports attained the peak of 106 units, and then declined remarkably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms declined notably to $386K in 2022. In general, imports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 132%. As a result, imports attained the peak of $953K, and then shrank dramatically in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany59.121323018145.2%
Italy1011323561329.3%
China39147.031166.3-44.7%
United States6.710.14.85.5-6.4%
Canada1.15.81.3N/A8.7%
OthersN/A2.049.7N/A2385.0%
Total559410953386-11.6%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Australia in 2022:

  1. China (25.0 units)
  2. Germany (14.0 units)
  3. Italy (5.0 units)
  4. United States (4.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia

In 2022, after three years of growth, there was significant decline in overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -90% to 1 units. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 233% against the previous year. As a result, the exports attained the peak of 10 units, and then fell significantly in the following year.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $26K in 2022. Overall, exports, however, saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
ChinaN/AN/AN/A26.40%
Spain3.0N/AN/AN/A0%
Hong Kong SARN/A4.9N/AN/A0%
NetherlandsN/AN/A4.5N/A0%
OthersN/AN/AN/AN/A0%
Total3.04.94.526.4106.5%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Australia in 2022:

  1. China (1.0 units)

Source: IndexBox Market Intelligence Platform

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