Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg - 2023
Contents:
- Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg (CIF) - 2022
- Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg
Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg (CIF) - 2022
The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $52 per unit in 2022, with a decrease of -98.1% against the previous year. Over the period under review, the import price saw a precipitous curtailment. The pace of growth was the most pronounced in 2021 when the average import price increased by 948% against the previous year. Over the period under review, average import prices reached the peak figure at $15,936 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
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 ($97 per unit), while the price for France stood at $30 per unit.
From 2015 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+2,240.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg
In 2022, after three years of growth, there was significant decline in overseas purchases of knitting machines; circular, with cylinder diameter not exceeding 165mms, when their volume decreased by -75% to 3 units. Over the period under review, imports, however, recorded buoyant growth. The growth pace was the most rapid in 2020 when imports increased by 150% against the previous year. Over the period under review, imports of hit record highs at 12 units in 2021, and then dropped dramatically in the following year.
In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms reduced notably to $157 in 2022. In general, imports, however, continue to indicate significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 2,415% against the previous year. As a result, imports attained the peak of $32K, and then reduced markedly in the following year.
| Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | N/A | 0.2 | 0.4 | 0.1 | -29.3% |
| Germany | N/A | 0.1 | 0.1 | 0.1 | 0.0% |
| Spain | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Switzerland | N/A | N/A | 0.3 | N/A | 0% |
| United Kingdom | 0.1 | 0.8 | N/A | N/A | 700.0% |
| Poland | N/A | N/A | 0.3 | N/A | 0% |
| Italy | N/A | 0.1 | 0.2 | N/A | 100.0% |
| Netherlands | N/A | N/A | 30.9 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 0.1 | 1.3 | 32.4 | 0.2 | 26.0% |
Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Luxembourg in 2022:
- France (2.0 units)
- Germany (1.0 units)
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