Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Russia - 2022

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $6,106 per unit in 2022, waning by -7.7% against the previous year. Overall, the import price showed a perceptible setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 46%. Over the period under review, average import prices reached the peak figure at $18,071 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 Lithuania ($95,835 per unit), while the price for Uzbekistan ($2,843 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+26.9%), 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 Russia (FOB) - 2022

In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $13,508 per unit, picking up by 7.8% against the previous year. In general, the export price posted a buoyant expansion. The growth pace was the most rapid in 2021 an increase of 1,131% against the previous year. Over the period under review, the average export prices hit record highs at $20,589 per unit in 2015; however, from 2016 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 the United Arab Emirates ($16,083 per unit), while the average price for exports to Kazakhstan totaled $630 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+149.5%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -31.4% to 536 units for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by 44% against the previous year. Imports peaked at 781 units in 2021, and then fell remarkably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms plummeted to $3.3M in 2022. Over the period under review, imports saw a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 14%. Imports peaked at $5.2M in 2021, and then declined dramatically in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China1,2202,0082,1911,71011.9%
Italy1,7322,3192,695871-20.5%
UzbekistanN/A113N/A13910.9%
Turkey33.239.98.992.040.5%
Poland63331.0N/AN/A-95.1%
Belarus31.154.192.7N/A72.6%
Others674381179461-11.9%
Total4,3244,9465,1673,273-8.9%

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

  1. China (428.0 units)
  2. Uzbekistan (49.0 units)
  3. Italy (40.0 units)
  4. Turkey (9.0 units)

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

For the third year in a row, Russia recorded decline in overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms, which decreased by -53.8% to 6 units in 2022. Overall, exports continue to indicate a sharp shrinkage. The smallest decline of -48% was in 2021. Over the period under review, the exports of attained the maximum at 84 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 contracted remarkably to $81K in 2022. Over the period under review, exports saw a sharp curtailment. The growth pace was the most rapid in 2021 when exports increased by 540% against the previous year. Over the period under review, the exports of attained the maximum at $281K 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 Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/A50.480.459.5%
Kazakhstan5.49.217.10.6-51.9%
Uzbekistan229N/A38.1N/A-59.2%
MoldovaN/A2.7N/AN/A0%
Belarus46.113.641.0N/A-5.7%
OthersN/AN/A16.3N/A0%
Total28125.416381.0-33.9%

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

  1. United Arab Emirates (5.0 units)
  2. Kazakhstan (1.0 units)

Source: IndexBox Market Intelligence Platform

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