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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $3,935 per unit, shrinking by -5.8% against the previous year. Over the period under review, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2015 when the average import price increased by 25%. Over the period under review, average import prices reached the peak figure at $14,250 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 Spain ($13,901 per unit), while the price for the United States ($213 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (-2.2%), while the prices for the other major suppliers experienced a decline.

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

In 2022, supplies from abroad of knitting machines; circular, with cylinder diameter not exceeding 165mms decreased by -20% to 4 units for the first time since 2019, thus ending a two-year declining trend. In general, imports saw a deep contraction. The smallest decline of -16.7% was in 2020. Over the period under review, imports of reached the maximum at 6 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms shrank dramatically to $16K in 2022. Overall, imports saw a deep reduction. The smallest decline of -13.2% was in 2021. Imports peaked at $28K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in Venezuela (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain23.921.018.313.9-16.5%
Italy1.51.41.21.0-12.6%
Czech Republic1.81.41.00.7-27.0%
United States0.50.40.30.2-26.3%
OthersN/AN/AN/AN/A0%
Total27.724.120.915.7-17.2%

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

  1. United States (1.0 units)
  2. Italy (1.0 units)
  3. Czech Republic (1.0 units)
  4. Spain (1.0 units)

Source: IndexBox Market Intelligence Platform

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