Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia - 2024

Contents:

  1. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia (CIF) - 2022
  2. Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia (FOB) - 2022
  3. Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia
  4. Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia (CIF) - 2022

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $12,865 per unit in 2022, reducing by -18.2% against the previous year. In general, the import price recorded a noticeable slump. The pace of growth appeared the most rapid in 2020 an increase of 17%. The import price peaked at $19,820 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($13,007 per unit), while the price for Germany ($3,888 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+32.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia (FOB) - 2022

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $3,218 per unit in 2022, declining by -27% against the previous year. Over the period under review, the export price showed a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 26% against the previous year. The export price peaked at $15,582 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

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 Italy ($4,558 per unit), while the average price for exports to Germany stood at $2,453 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (-13.2%), while the prices for the other major destinations experienced a decline.

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia

In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms was finally on the rise to reach 144 units after two years of decline. Overall, imports posted a slight expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms surged to $1.9M in 2022. In general, imports, however, saw a deep downturn. Over the period under review, imports of attained the maximum at $2.4M in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,8492,3399411,600-4.7%
TurkeyN/AN/AN/A2310%
China11612.114.517.5-46.8%
Germany240N/A73.53.9-74.7%
Others1.738.49.2N/A132.6%
Total2,2072,3901,0391,853-5.7%

Top Suppliers of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm to Serbia in 2022:

  1. Italy (123.0 units)
  2. Turkey (18.0 units)
  3. China (2.0 units)
  4. Germany (1.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Serbia

Exports of knitting machines; circular, with cylinder diameter not exceeding 165mms from Serbia shrank markedly to 11 units in 2022, declining by -54.2% on 2021. Over the period under review, exports continue to indicate a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 300%. The exports peaked at 31 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 contracted remarkably to $35K in 2022. In general, exports saw a sharp decline. The pace of growth appeared the most rapid in 2021 when exports increased by 246% against the previous year. The exports peaked at $212K 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 Serbia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy17713.995.818.2-53.2%
GermanyN/AN/A9.217.287.0%
BulgariaN/A11.7N/AN/A0%
GreeceN/AN/A0.8N/A0%
United Kingdom34.8N/AN/AN/A0%
North MacedoniaN/A5.0N/AN/A0%
OthersN/AN/AN/AN/A0%
Total21230.510635.4-44.9%

Top Export Markets for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm from Serbia in 2022:

  1. Germany (7.0 units)
  2. Italy (4.0 units)

Source: IndexBox Market Intelligence Platform

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