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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $9,939 per unit, growing by 90% against the previous year. Over the period under review, the import price recorded buoyant growth. The growth pace was the most rapid in 2013 an increase of 359% against the previous year. The import price peaked at $29,511 per unit in 2018; however, from 2019 to 2022, 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 ($24,514 per unit), while the price for Estonia ($60 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, approx. 62 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were imported into Finland; with an increase of 48% against the previous year. Over the period under review, imports enjoyed a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $616K in 2022. In general, imports continue to indicate a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy0.1N/A2166131730.2%
LithuaniaN/AN/AN/A2.50%
EstoniaN/AN/A2.60.7-73.1%
FranceN/AN/A0.40.2-50.0%
SpainN/AN/A0.3N/A0%
China6.3N/AN/AN/A0%
Others2.0N/A0.4N/A-55.3%
Total8.3N/A220616320.2%

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

  1. Italy (25.0 units)
  2. Lithuania (24.0 units)
  3. Estonia (11.0 units)
  4. France (2.0 units)

Source: IndexBox Market Intelligence Platform

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