Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States - 2024
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States (CIF) - 2024
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States (FOB) - 2024
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States (CIF) - 2024
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $27,652 per unit in February 2024, declining by -9.8% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 when the average import price increased by 56% m-o-m. Over the period under review, average import prices reached the maximum at $38,119 per unit in August 2023; afterwards, it flattened through to February 2024.
Prices varied noticeably by the country of origin: the country with the highest price was Italy ($29,715 per unit), while the price for South Korea amounted to $9,084 per unit.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was attained by China (+47.2%), 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 the United States (FOB) - 2024
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $7,285 per unit in February 2024, rising by 24% against the previous month. Overall, the export price continues to indicate perceptible growth. The growth pace was the most rapid in November 2023 when the average export price increased by 167% against the previous month. As a result, the export price reached the peak level of $29,628 per unit; afterwards, it flattened through to February 2024.
There were significant differences in the average prices for the major foreign markets. In February 2024, the country with the highest price was Jordan ($12,800 per unit), while the average price for exports to Mexico ($2,500 per unit) was amongst the lowest.
From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to Lebanon (+32.6%), 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 United States
In 2022, purchases abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms increased by 37% to 471 units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, recorded a drastic downturn. Over the period under review, imports of reached the maximum at 634 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $11M in 2022. Overall, imports, however, continue to indicate a abrupt downturn. Imports peaked at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 9.9 | 6.0 | 6.6 | 10.2 | 1.0% |
| Germany | 1.4 | 1.0 | 0.4 | 0.5 | -29.1% |
| China | 4.7 | N/A | 0.3 | 0.3 | -60.0% |
| Taiwan (Chinese) | N/A | N/A | 0.8 | N/A | 0% |
| Others | 0.1 | 0.3 | 0.2 | 0.1 | 0.0% |
| Total | 16.1 | 7.3 | 8.3 | 11.1 | -11.7% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to the United States in 2022:
- Italy (430.0 units)
- China (30.0 units)
- Germany (8.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the United States
In 2022, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from the United States shrank rapidly to 387 units, waning by -34% compared with the previous year's figure. Over the period under review, exports saw a sharp decline. The most prominent rate of growth was recorded in 2021 when exports increased by 12%. The exports peaked at 787 units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms dropped dramatically to $2.3M in 2022. Overall, exports saw a significant decline. The pace of growth was the most pronounced in 2021 when exports increased by 14%. Over the period under review, the exports of hit record highs at $5.3M 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 the United States (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 479 | 421 | 467 | 964 | 26.3% |
| Pakistan | 1,015 | 986 | 169 | 300 | -33.4% |
| Canada | 283 | 99.5 | 141 | 260 | -2.8% |
| Honduras | 215 | N/A | 35.0 | 211 | -0.6% |
| Czech Republic | N/A | N/A | N/A | 107 | 0% |
| Germany | 67.4 | 362 | N/A | 96.9 | 12.9% |
| India | 1,364 | 436 | 1,345 | 81.0 | -61.0% |
| Italy | 178 | 58.3 | 580 | 21.0 | -51.0% |
| China | N/A | N/A | 582 | 17.0 | -97.1% |
| Bangladesh | 240 | N/A | 116 | N/A | -30.5% |
| Spain | 12.9 | 74.7 | 130 | N/A | 217.5% |
| Peru | 162 | 296 | N/A | N/A | 82.7% |
| El Salvador | 1,014 | 5.7 | 41.0 | N/A | -79.9% |
| Others | 221 | 632 | 221 | 219 | -0.3% |
| Total | 5,251 | 3,371 | 3,827 | 2,276 | -24.3% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from the United States in 2022:
- Mexico (199.0 units)
- Pakistan (84.0 units)
- Honduras (21.0 units)
- Canada (20.0 units)
- India (12.0 units)
- Czech Republic (10.0 units)
- Germany (10.0 units)
- Italy (2.0 units)
- China (2.0 units)
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