Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea - 2022
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (CIF) - 2022
In December 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $17,284 per unit, remaining relatively unchanged against the previous month. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2022 an increase of 0.1% m-o-m. Over the period under review, average import prices hit record highs at $19,096 per unit in December 2021; afterwards, it flattened through to December 2022.
Average prices varied noticeably amongst the major supplying countries. In December 2022, the country with the highest price was Germany ($17,284 per unit), while the price for China totaled $17,284 per unit.
From December 2021 to December 2022, the most notable rate of growth in terms of prices was attained by Japan (+0.0%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $16,441 per unit, with an increase of 18% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. Over the period under review, the average export prices reached the peak figure at $16,603 per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was India ($30,278 per unit), while the average price for exports to Brazil ($2,330 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 Bangladesh (+42.5%), 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 South Korea
In 2022, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into South Korea skyrocketed to 152 units, growing by 15% compared with 2021 figures. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 114% against the previous year. As a result, imports attained the peak of 199 units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms rose notably to $2.6M in 2022. Overall, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +15.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.7% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55%. As a result, imports attained the peak of $2.7M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 286 | 298 | 0.4 | 1,026 | 53.1% |
| China | 595 | 1,613 | 996 | 688 | 5.0% |
| Italy | 719 | 366 | 1,299 | 472 | -13.1% |
| Taiwan (Chinese) | 96.8 | 386 | 125 | 188 | 24.8% |
| Japan | N/A | N/A | 64.5 | 106 | 64.3% |
| Singapore | N/A | N/A | N/A | 68.2 | 0% |
| Others | 24.0 | 0.8 | 1.0 | 69.3 | 42.4% |
| Total | 1,722 | 2,664 | 2,486 | 2,618 | 15.0% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to South Korea in 2022:
- Germany (59.0 units)
- China (39.0 units)
- Italy (27.0 units)
- Taiwan (Chinese) (12.0 units)
- Japan (6.0 units)
- Singapore (4.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea
In 2022, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from South Korea stood at 153 units, flattening at 2021. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2021 with an increase of 70% against the previous year. Over the period under review, the exports of hit record highs at 221 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 skyrocketed to $2.5M in 2022. Over the period under review, exports saw a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 68% against the previous year. The exports peaked at $3.5M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in South Korea (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 44.9 | 141 | 880 | 787 | 159.8% |
| Indonesia | 81.5 | 40.2 | 80.0 | 404 | 70.5% |
| Thailand | 336 | 0.9 | N/A | 387 | 4.8% |
| Japan | 862 | 69.3 | 228 | 341 | -26.6% |
| Argentina | N/A | 256 | N/A | 312 | 10.4% |
| Vietnam | 433 | 443 | 115 | 106 | -37.4% |
| Brazil | N/A | N/A | 23.5 | 32.6 | 38.7% |
| China | 1,035 | 16.8 | 180 | N/A | -58.3% |
| Guatemala | N/A | N/A | 470 | N/A | 0% |
| Moldova | 25.8 | N/A | N/A | N/A | 0% |
| Poland | 150 | 48.0 | 84.0 | N/A | -25.2% |
| Kyrgyzstan | 98.2 | N/A | 4.5 | N/A | -78.6% |
| Others | 401 | 260 | 71.6 | 146 | -28.6% |
| Total | 3,469 | 1,275 | 2,136 | 2,516 | -10.2% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from South Korea in 2022:
- Argentina (28.0 units)
- India (26.0 units)
- Indonesia (25.0 units)
- Thailand (24.0 units)
- Japan (20.0 units)
- Brazil (14.0 units)
- Vietnam (7.0 units)
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