Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (FOB) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (CIF) - 2022
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $16,248 per unit in 2022, rising by 41% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $21,279 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($21,575 per unit), while the average price for exports to Serbia ($5,171 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $3,680 per unit in 2022, increasing by 32% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 68%. The import price peaked at $8,946 per unit in 2014; however, from 2015 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 Germany ($7,907 per unit), while the price for Poland ($51 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy
In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms exported from Italy contracted notably to 9.9K units, which is down by -31.7% compared with the year before. Over the period under review, exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2021 when exports increased by 143% against the previous year. As a result, the exports attained the peak of 14K units, and then contracted rapidly in the following year.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms reduced slightly to $160M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.9% against 2020 indices. The pace of growth was the most pronounced in 2021 when exports increased by 68% against the previous year. As a result, the exports attained the peak of $166M, and then dropped in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 55.3 | 40.9 | 59.6 | 73.0 | 9.7% |
| India | 1.9 | 0.2 | 0.4 | 11.8 | 83.8% |
| United States | 9.6 | 4.9 | 7.4 | 9.9 | 1.0% |
| China | 17.9 | 8.0 | 15.9 | 9.8 | -18.2% |
| Pakistan | 6.8 | 14.6 | 21.1 | 9.4 | 11.4% |
| Honduras | N/A | N/A | 21.2 | 5.4 | -74.5% |
| Brazil | 5.3 | 4.2 | 2.9 | 3.7 | -11.3% |
| Argentina | N/A | 1.0 | 1.3 | 3.4 | 84.4% |
| Bulgaria | 0.6 | 2.4 | 3.7 | 2.7 | 65.1% |
| Croatia | N/A | N/A | 0.2 | 2.6 | 1200.0% |
| Egypt | 0.7 | 0.5 | 4.3 | 1.2 | 19.7% |
| Serbia | 1.5 | 1.3 | 0.2 | 1.2 | -7.2% |
| Others | 39.0 | 21.2 | 28.3 | 26.5 | -12.1% |
| Total | 139 | 99.1 | 166 | 160 | 4.8% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Italy in 2022:
- Turkey (4392.0 units)
- India (973.0 units)
- Pakistan (638.0 units)
- China (500.0 units)
- United States (457.0 units)
- Brazil (329.0 units)
- Honduras (318.0 units)
- Serbia (241.0 units)
- Argentina (197.0 units)
- Croatia (187.0 units)
- Bulgaria (154.0 units)
- Egypt (100.0 units)
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy
After three years of growth, purchases abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -10.1% to 552 units in 2022. In general, imports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, imports reached the peak of 614 units, and then shrank in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $2M in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 96%. Imports peaked in 2022 and are likely to continue growth in years to come.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Italy (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 221 | 44.6 | 392 | 754 | 50.5% |
| Taiwan (Chinese) | 13.6 | 23.9 | 322 | 387 | 205.3% |
| Turkey | 254 | 472 | 24.5 | 147 | -16.7% |
| Canada | N/A | 98.9 | 38.6 | 137 | 17.7% |
| Serbia | 180 | 14.2 | 98.6 | 110 | -15.1% |
| United Kingdom | 0.9 | 8.4 | 45.1 | 107 | 391.7% |
| South Africa | N/A | 2.8 | N/A | 103 | 506.5% |
| United States | 142 | 34.5 | 585 | 26.4 | -42.9% |
| Brazil | N/A | 154 | N/A | N/A | 0% |
| Others | 280 | 18.8 | 207 | 260 | -2.4% |
| Total | 1,092 | 872 | 1,713 | 2,031 | 23.0% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Italy in 2022:
- China (209.0 units)
- South Africa (80.0 units)
- Taiwan (Chinese) (69.0 units)
- Canada (47.0 units)
- Turkey (45.0 units)
- United Kingdom (34.0 units)
- Serbia (33.0 units)
- United States (8.0 units)
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