Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco (CIF) - 2022
- Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco (FOB) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco
- Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco
Price for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco (CIF) - 2022
In 2022, the average import price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $20,110 per unit, dropping by -9.6% against the previous year. Overall, the import price showed a deep downturn. The growth pace was the most rapid in 2021 an increase of 132%. Over the period under review, average import prices hit record highs at $36,376 per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat 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 Germany ($49,255 per unit), while the price for Turkey ($4,576 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.2%), 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 Morocco (FOB) - 2022
In 2022, the average export price for knitting machines; circular, with cylinder diameter exceeding 165mms amounted to $7,435 per unit, reducing by -29.1% against the previous year. Over the period under review, the export price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2015 an increase of 2,851%. Over the period under review, the average export prices attained the peak figure at $20,177 per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,266 per unit), while the average price for exports to the United Arab Emirates ($246 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 United States (+132.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco
For the fourth year in a row, Morocco recorded growth in overseas purchases of knitting machines; circular, with cylinder diameter exceeding 165mms, which increased by 57% to 159 units in 2022. In general, imports recorded significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of knitting machines; circular, with cylinder diameter exceeding 165mms surged to $3.2M in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 438 | 146 | 453 | 1,248 | 41.8% |
| Germany | 150 | 126 | 1,067 | 788 | 73.8% |
| Spain | 485 | 276 | 382 | 468 | -1.2% |
| Japan | 33.4 | 20.0 | 26.8 | 170 | 72.0% |
| Czech Republic | N/A | N/A | N/A | 146 | 0% |
| Taiwan (Chinese) | 48.8 | 43.0 | 116 | 121 | 35.3% |
| Italy | 229 | 1.2 | 68.3 | 118 | -19.8% |
| Turkey | 5.3 | 111 | 11.2 | 13.7 | 37.2% |
| Others | 145 | 81.4 | 123 | 126 | -4.6% |
| Total | 1,535 | 805 | 2,247 | 3,197 | 27.7% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm to Morocco in 2022:
- China (88.0 units)
- Italy (22.0 units)
- Germany (16.0 units)
- Spain (11.0 units)
- Japan (6.0 units)
- Taiwan (Chinese) (4.0 units)
- Turkey (3.0 units)
- Czech Republic (3.0 units)
Exports of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco
In 2022, exports of knitting machines; circular, with cylinder diameter exceeding 165mms from Morocco surged to 5 units, growing by 25% on the year before. The total export volume increased at an average annual rate of +25.0% over the period from 2021 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of knitting machines; circular, with cylinder diameter exceeding 165mms reduced to $37K in 2022. In general, exports, however, showed a deep contraction. Over the period under review, the exports of hit record highs at $42K in 2021, and then reduced in the following year.
| Export of Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm in Morocco (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Spain | 20.2 | 16.3 | -19.3% | ||
| Egypt | 20.8 | 13.6 | -34.6% | ||
| India | N/A | 6.6 | 0% | ||
| South Korea | 0.6 | 0.4 | -33.3% | ||
| United Arab Emirates | 0.3 | 0.2 | -33.3% | ||
| Others | N/A | N/A | 0% | ||
| Total | 41.9 | 37.2 | -11.2% | ||
Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Exceeding 165mm from Morocco in 2022:
- Egypt (1.0 units)
- United Arab Emirates (1.0 units)
- South Korea (1.0 units)
- India (1.0 units)
- Spain (1.0 units)
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