Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia - 2022

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (CIF) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (FOB) - 2022
  3. Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia
  4. Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (CIF) - 2022

In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $44,359 per unit, reducing by -5.2% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 29%. As a result, import price attained the peak level of $46,811 per unit, and then reduced in the following year.

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 ($98,029 per unit), while the price for Taiwan (Chinese) ($19,496 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+9.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (FOB) - 2022

In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $4,097 per unit, waning by -12.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average export price increased by 121%. The export price peaked at $26,847 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Costa Rica.

From 2012 to 2022, the rate of growth in terms of prices for Italy amounted to +114.0% per year.

Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia

In 2022, imports of knitting machines; circular, with cylinder diameter exceeding 165mms into Colombia declined to 192 units, waning by -4% on 2021. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 292%. As a result, imports reached the peak of 200 units, and then dropped in the following year.

In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms fell to $8.5M in 2022. Overall, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 408% against the previous year. As a result, imports reached the peak of $9.4M, and then dropped in the following year.

Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan1,9996637,1864,83634.2%
China1754617211,36698.4%
Italy3572353171,03942.8%
Germany50.3127788490113.6%
Taiwan (Chinese)10411918333147.1%
United States29715359.7208-11.2%
Spain2.13.05.0127292.5%
Others11283.31031202.3%
Total3,0961,8459,3628,51740.1%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Colombia in 2022:

  1. Japan (82.0 units)
  2. China (46.0 units)
  3. Italy (32.0 units)
  4. Taiwan (Chinese) (17.0 units)
  5. Germany (5.0 units)
  6. Spain (4.0 units)
  7. United States (3.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia

In 2022, the amount of knitting machines; circular, with cylinder diameter exceeding 165mms exported from Colombia totaled 1 units, approximately reflecting 2021. In general, exports faced a sharp contraction. The smallest decline of -33.3% was in 2020. The exports peaked at 3 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 exceeding 165mms shrank to $4.1K in 2022. Over the period under review, exports recorded a sharp decline. Over the period under review, the exports of hit record highs at $47K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Colombia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Costa Rica46.74.84.74.1-55.6%
EcuadorN/A0.5N/AN/A0%
OthersN/AN/AN/AN/A0%
Total46.75.44.74.1-55.6%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Colombia in 2022:

  1. Costa Rica (1.0 units)

Source: IndexBox Market Intelligence Platform

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