Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey - 2024
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey
- Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $17,863 per unit, shrinking by -2.4% against the previous year. Overall, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average import price increased by 23%. As a result, import price reached the peak level of $22,132 per unit. From 2014 to 2022, the average import prices remained at a lower figure.
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 Italy ($18,344 per unit), while the price for Taiwan (Chinese) ($10,863 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (FOB) - 2022
The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $6,275 per unit in 2022, waning by -12.8% against the previous year. Overall, the export price saw a mild downturn. The most prominent rate of growth was recorded in 2021 when the average export price increased by 86% against the previous year. Over the period under review, the average export prices hit record highs at $7,400 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was France ($22,547 per unit), while the average price for exports to Belarus ($282 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 Kyrgyzstan (+53.3%), 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 Turkey
In 2022, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into Turkey soared to 4.7K units, increasing by 26% on 2021. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +18.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 46%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms skyrocketed to $84M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +13.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +81.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 48%. Over the period under review, imports of hit record highs in 2022 and are likely to see steady growth in the immediate term.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 55.3 | 43.6 | 62.8 | 77.3 | 11.8% |
| China | 0.2 | 1.4 | 3.7 | 4.1 | 173.7% |
| Taiwan (Chinese) | 0.2 | 0.3 | 0.7 | 1.0 | 71.0% |
| Others | 2.3 | 0.9 | 1.2 | 1.4 | -15.3% |
| Total | 58.0 | 46.1 | 68.4 | 83.8 | 13.1% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Turkey in 2022:
- Italy (4.2K units)
- China (0.4K units)
- Taiwan (Chinese) (0.1K units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey
In 2022, after three years of growth, there was significant decline in overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -50% to 455 units. In general, exports showed a abrupt decline. The growth pace was the most rapid in 2021 with an increase of 60%. As a result, the exports attained the peak of 910 units, and then fell sharply in the following year.
In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms fell significantly to $2.9M in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 198%. As a result, the exports attained the peak of $6.5M, and then fell significantly in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Turkey (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 169 | N/A | 216 | 911 | 75.3% |
| Germany | 23.8 | 27.5 | 92.8 | 545 | 184.0% |
| France | N/A | N/A | N/A | 180 | 0% |
| Italy | 118 | 389 | 23.6 | 174 | 13.8% |
| Portugal | 20.6 | 282 | 10.3 | 147 | 92.5% |
| Bulgaria | 19.0 | 3.1 | 140 | 112 | 80.6% |
| Dominican Republic | N/A | N/A | N/A | 98.0 | 0% |
| Russia | 33.2 | 39.9 | 8.9 | 92.0 | 40.5% |
| Georgia | 4.5 | 16.5 | 5.6 | 58.5 | 135.1% |
| Serbia | 25.8 | 109 | 2.2 | 32.6 | 8.1% |
| Kyrgyzstan | 10.3 | N/A | N/A | 16.5 | 17.0% |
| Belarus | 13.7 | N/A | 0.5 | 14.6 | 2.1% |
| Lebanon | 5.3 | N/A | N/A | 9.3 | 20.6% |
| Others | 1,067 | 1,330 | 6,047 | 464 | -24.2% |
| Total | 1,510 | 2,197 | 6,547 | 2,855 | 23.7% |
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Turkey in 2022:
- Spain (95.0 units)
- Germany (59.0 units)
- Belarus (52.0 units)
- Georgia (43.0 units)
- Italy (37.0 units)
- Bulgaria (27.0 units)
- Portugal (18.0 units)
- Lebanon (17.0 units)
- Kyrgyzstan (16.0 units)
- Serbia (13.0 units)
- Dominican Republic (13.0 units)
- Russia (12.0 units)
- France (8.0 units)
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This report provides an in-depth analysis of the circular knitting machine market in Turkey.
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This report provides an in-depth analysis of the knitting machines market in Turkey.
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Global Circular Knitting Machine Market Report 2018. This report provides an in-depth analysis of the global circular knitting machine market.
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This report provides an in-depth analysis of the circular knitting machine market in Turkey.
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This report provides an in-depth analysis of the knitting machines market in Turkey.
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Knitting Machine imports reached a peak of 663 units in May 2023 but decreased from June 2023 to January 2024. In terms of value, imports dropped significantly to $2.8M in January 2024.
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During the period analyzed, imports of Knitting Machines reached a peak of 663 units in May 2023. From June to November 2023, imports stabilized at a lower level. In terms of value, imports of Knitting Machines surged to $3.5M in November 2023.
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In January 2023, the knitting machine price stood at $14,567 per unit (CIF, Turkey), dropping by -33.3% against the previous month.
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Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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