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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $11,352 per unit, shrinking by -15.1% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the average import price increased by 887% against the previous year. The import price peaked at $26,471 per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($19,870 per unit), while the price for the Netherlands ($123 per unit) was amongst the lowest.

From 2013 to 2022, the most notable rate of growth in terms of prices was attained by China (+89.2%), while the prices for the other major suppliers experienced mixed trend patterns.

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

In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Tanzania surged to 5 units, picking up by 25% against the previous year's figure. Over the period under review, imports, however, continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year. Imports peaked at 23 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms rose significantly to $57K in 2022. Overall, imports enjoyed significant growth. The growth pace was the most rapid in 2021 with an increase of 427%. Over the period under review, imports of reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Tanzania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China0.410.253.539.7363.0%
ItalyN/AN/AN/A16.90%
NetherlandsN/AN/AN/A0.10%
India28.1N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total28.510.253.556.825.8%

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

  1. China (2.0 units)
  2. Italy (2.0 units)
  3. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform

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