Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $12,258 per unit, surging by 17% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by 96%. Over the period under review, average import prices attained the peak figure at $15,735 per unit in 2013; however, from 2014 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 the Czech Republic ($22,798 per unit), while the price for Turkey ($1,024 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $317 per unit, which is down by -56.2% against the previous year. Overall, the export price recorded a dramatic downturn. The growth pace was the most rapid in 2018 when the average export price increased by 115% against the previous year. Over the period under review, the average export prices attained the maximum at $7,911 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($785 per unit), while the average price for exports to China ($71 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 Bangladesh (+132.3%), while the prices for the other major destinations experienced a decline.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan
In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -44.4% to 450 units, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 58%. As a result, imports reached the peak of 925 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms contracted markedly to $5.5M in 2022. In general, imports showed a noticeable descent. The pace of growth was the most pronounced in 2021 with an increase of 24% against the previous year. As a result, imports reached the peak of $8.5M, and then reduced sharply in the following year.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 4,485 | 4,929 | 6,233 | 3,325 | -9.5% |
| China | 296 | 599 | 1,051 | 1,174 | 58.3% |
| Czech Republic | 243 | 278 | 371 | 388 | 16.9% |
| United States | 444 | 809 | 53.7 | 247 | -17.8% |
| Japan | 14.2 | 6.2 | 113 | 101 | 92.3% |
| Taiwan (Chinese) | 107 | 42.0 | 155 | 53.1 | -20.8% |
| Malaysia | 4.7 | 7.8 | 15.4 | 41.1 | 106.0% |
| Turkey | 110 | 8.9 | 30.5 | 3.1 | -69.6% |
| Others | 254 | 157 | 455 | 185 | -10.0% |
| Total | 5,959 | 6,837 | 8,478 | 5,516 | -2.5% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Pakistan in 2022:
- Italy (215.0 units)
- China (109.0 units)
- United States (62.0 units)
- Czech Republic (17.0 units)
- Malaysia (12.0 units)
- Japan (8.0 units)
- Taiwan (Chinese) (5.0 units)
- Turkey (3.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan
For the third consecutive year, Pakistan recorded decline in overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms, which decreased by 0% to 4 units in 2022. In general, exports continue to indicate a sharp setback. The smallest decline of -20% was in 2021. Over the period under review, the exports of hit record highs at 63 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms shrank remarkably to $1.3K in 2022. Overall, exports recorded a sharp decrease. The smallest decline of -55.4% was in 2021. Over the period under review, the exports of hit record highs at $471K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Pakistan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 14.0 | 3.6 | 1.6 | 0.8 | -61.5% |
| Italy | 29.3 | 1.8 | 0.7 | 0.3 | -78.3% |
| United Arab Emirates | 2.7 | 0.8 | 0.4 | 0.1 | -66.7% |
| China | 0.9 | 0.3 | 0.1 | 0.1 | -51.9% |
| Sri Lanka | 424 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 471 | 6.5 | 2.9 | 1.3 | -86.0% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Pakistan in 2022:
- China (1.0 units)
- Italy (1.0 units)
- India (1.0 units)
- United Arab Emirates (1.0 units)
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