Price for Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Belarus - 2022

Contents:

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

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $13,447 per unit in 2022, picking up by 31% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 222% against the previous year. As a result, the export price attained the peak level of $43,300 per unit. From 2014 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($13,754 per unit), while the average price for exports to Ukraine stood at $10,683 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+26.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

The average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $4,178 per unit in 2022, surging by 73% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2015 an increase of 570%. Over the period under review, average import prices hit record highs at $14,161 per unit in 2013; however, from 2014 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 Italy ($6,460 per unit), while the price for China ($534 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+1.0%), while the prices for the other major suppliers experienced a decline.

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

In 2022, overseas shipments of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -23.1% to 10 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. As a result, the exports reached the peak of 13 units, and then declined significantly in the following year.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms totaled $134K in 2022. Overall, exports, however, saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 121%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia31.154.192.712458.6%
Ukraine0.75.08.010.7148.2%
Slovakia54.0N/AN/AN/A0%
LithuaniaN/A1.4N/AN/A0%
PolandN/AN/A33.1N/A0%
OthersN/AN/AN/AN/A0%
Total85.860.513413416.0%

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

  1. Russia (9.0 units)
  2. Ukraine (1.0 units)

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

In 2022, the amount of knitting machines; circular, with cylinder diameter not exceeding 165mms imported into Belarus dropped significantly to 7 units, with a decrease of -86.3% on the year before. Over the period under review, imports showed a dramatic curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 31% against the previous year. Imports peaked at 106 units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms fell sharply to $29K in 2022. In general, imports faced a dramatic decrease. The smallest decline of -55.7% was in 2021. Over the period under review, imports of attained the peak figure at $1.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,08023662.725.8-71.2%
Russia46.113.641.02.3-63.2%
China14.428.114.51.1-57.6%
South KoreaN/AN/A4.1N/A0%
Poland6.8N/AN/AN/A0%
OthersN/AN/A0.7N/A0%
Total1,14727812329.2-70.6%

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

  1. Italy (4.0 units)
  2. China (2.0 units)
  3. Russia (1.0 units)

Source: IndexBox Market Intelligence Platform

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