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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $13,642 per unit, shrinking by -15.6% against the previous year. In general, the import price, however, posted a resilient expansion. The pace of growth appeared the most rapid in 2015 when the average import price increased by 405%. Over the period under review, average import prices attained the peak figure at $19,905 per unit in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 ($31,950 per unit), while the price for Honduras ($28 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+40.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -82.8% to 15 units in 2022. Over the period under review, imports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 569%. As a result, imports attained the peak of 87 units, and then declined notably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms reduced dramatically to $205K in 2022. In general, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 633% against the previous year. As a result, imports attained the peak of $1.4M, and then shrank sharply in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Guatemala (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany63.580.853262.6-0.5%
South Korea2.255.847154.9192.2%
Italy30.30.816931.91.7%
Panama24.525.411025.81.7%
United States23.423.910223.40.0%
China3.13.718.14.916.5%
Mexico1.61.45.11.0-14.5%
HondurasN/AN/AN/AN/A0%
Others1.0N/AN/AN/A0%
Total1501921,40720511.0%

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

  1. United States (5.0 units)
  2. Germany (3.0 units)
  3. South Korea (2.0 units)
  4. Italy (1.0 units)
  5. Mexico (1.0 units)
  6. Panama (1.0 units)
  7. China (1.0 units)
  8. Honduras (1.0 units)

Source: IndexBox Market Intelligence Platform

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