Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the UK - 2024

Contents:

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

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $2,197 per unit in 2022, surging by 278% against the previous year. Over the period under review, the import price, however, saw a deep contraction. Over the period under review, average import prices hit record highs at $16,319 per unit in 2014; however, from 2015 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 Germany ($6,200 per unit), while the price for Portugal ($126 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+281.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $3,858 per unit, with an increase of 22% against the previous year. Overall, the export price posted temperate growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 2,156%. As a result, the export price attained the peak level of $10,806 per unit. From 2018 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($8,999 per unit), while the average price for exports to the United States ($1,089 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 the Netherlands (+225.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, after three years of growth, there was significant decline in purchases abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -27.8% to 640 units. Over the period under review, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 98%. As a result, imports attained the peak of 887 units, and then contracted remarkably in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms soared to $1.4M in 2022. Overall, imports, however, continue to indicate significant growth. 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 the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy2.91.56.3820556.4%
Germany19.617411.1242131.1%
Taiwan (Chinese)1031.451.621026.8%
China12210551.675.5-14.8%
United States2.54.94.323.7111.6%
PortugalN/AN/AN/A20.70%
Poland0.94.70.914.5152.6%
Spain0.33.74.5N/A287.3%
IrelandN/A0.1345N/A344900.0%
Others33.536.440.7N/A10.2%
Total2853315161,40670.2%

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

  1. Portugal (164.0 units)
  2. Italy (156.0 units)
  3. China (121.0 units)
  4. Poland (110.0 units)
  5. Germany (39.0 units)
  6. Taiwan (Chinese) (34.0 units)
  7. United States (16.0 units)

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

In 2022, shipments abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -8.9% to 72 units, falling for the second consecutive year after two years of growth. In general, exports showed a noticeable descent. The most prominent rate of growth was recorded in 2020 with an increase of 500% against the previous year. As a result, the exports attained the peak of 480 units. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms expanded markedly to $278K in 2022. Over the period under review, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 299% against the previous year. As a result, the exports attained the peak of $686K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
France0.96.564.258.1301.2%
CanadaN/AN/AN/A55.10%
Italy0.913.644.248.1276.7%
Czech RepublicN/AN/AN/A47.90%
IndiaN/AN/AN/A18.00%
Netherlands0.10.7N/A12.4398.7%
United StatesN/A3.34.07.651.8%
Spain0.33.212.8N/A553.2%
New Zealand106N/AN/AN/A0%
BelgiumN/A2.5N/AN/A0%
Austria0.24.4N/AN/A2100.0%
Poland3.21.3N/AN/A-59.4%
South Africa12.14.8N/AN/A-60.3%
Others47.964612530.6-13.9%
Total17268625027817.4%

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

  1. Italy (27.0 units)
  2. France (11.0 units)
  3. Canada (8.0 units)
  4. Czech Republic (7.0 units)
  5. United States (7.0 units)
  6. Netherlands (3.0 units)
  7. India (2.0 units)

Source: IndexBox Market Intelligence Platform

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