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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $13,729 per unit, jumping by 36% against the previous year. Over the period under review, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for knitting machines; circular, with cylinder diameter not exceeding 165mms increased by +48.9% against 2020 indices. The pace of growth appeared the most rapid in 2014 an increase of 41%. Over the period under review, average import prices reached the maximum at $17,245 per unit in 2017; however, from 2018 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 ($17,435 per unit), while the price for Belgium ($85 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+5.4%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $10,989 per unit, surging by 67% against the previous year. Over the period under review, the export price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 an increase of 225% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Turkey ($11,984 per unit), while the average price for exports to the Czech Republic ($377 per unit) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+39.4%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -13.3% to 91 units, falling for the second year in a row after two years of growth. The total import volume increased at an average annual rate of +7.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 49% against the previous year. As a result, imports reached the peak of 110 units. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $1.2M in 2022. The total import value increased at an average annual rate of +9.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. 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 Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy8451201,002830-0.6%
Germany1.880843.1418514.7%
France0.20.10.90.20.0%
BelgiumN/A0.30.10.2-18.4%
RussiaN/A54.9N/AN/A0%
Austria0.20.60.5N/A58.1%
Turkey23.411.7N/AN/A-50.0%
Others70.019.312.90.1-88.7%
Total9411,0141,0591,2499.9%

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

  1. Italy (61.0 units)
  2. Germany (24.0 units)
  3. France (2.0 units)
  4. Belgium (2.0 units)
  5. Turkey (1.0 units)

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

In 2022, overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -68.2% to 56 units for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 when exports increased by 184%. As a result, the exports reached the peak of 176 units, and then dropped sharply in the following year.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms declined significantly to $615K in 2022. Over the period under review, exports, however, recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 824%. As a result, the exports attained the peak of $1.2M, and then reduced markedly in the following year.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany89.71241,15660288.6%
TurkeyN/AN/AN/A12.00%
Poland1.21.94.20.6-20.6%
Czech Republic11.2N/A0.20.4-67.1%
OthersN/A0.10.1N/A0.0%
Total1021261,16161582.0%

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

  1. Germany (53.0 units)
  2. Turkey (1.0 units)
  3. Poland (1.0 units)
  4. Czech Republic (1.0 units)

Source: IndexBox Market Intelligence Platform

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