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

Contents:

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

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

In 2022, the average import price for knitting machines; circular, with cylinder diameter not exceeding 165mms amounted to $8,222 per unit, shrinking by -4.8% against the previous year. Overall, the import price, however, saw a remarkable increase. The growth pace was the most rapid in 2013 an increase of 140%. The import price peaked at $15,376 per unit in 2016; however, from 2017 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 Mexico ($22,216 per unit), while the price for Japan ($2 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for knitting machines; circular, with cylinder diameter not exceeding 165mms stood at $100 per unit in 2022, waning by -94.6% against the previous year. In general, the export price saw a sharp downturn. The pace of growth appeared the most rapid in 2014 an increase of 17%. As a result, the export price reached the peak level of $19,000 per unit. From 2015 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the United States.

From 2013 to 2022, the rate of growth in terms of prices for Venezuela amounted to +16.7% per year.

Imports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the Dominican Republic

In 2022, imports of knitting machines; circular, with cylinder diameter not exceeding 165mms into the Dominican Republic shrank dramatically to 11 units, which is down by -15.4% on the previous year's figure. In general, imports continue to indicate a sharp slump. The growth pace was the most rapid in 2021 when imports increased by 44%. Over the period under review, imports of attained the maximum at 23 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 fell remarkably to $90K in 2022. Over the period under review, imports saw a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 100%. Over the period under review, imports of reached the peak figure at $246K 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy10333.547.431.8-32.4%
TurkeyN/AN/AN/A30.50%
Mexico33.79.021.422.2-13.0%
United States39.09.87.44.5-51.3%
China13.50.536.11.4-53.0%
South Korea57.5N/AN/AN/A0%
JapanN/AN/AN/AN/A0%
OthersN/A3.3N/AN/A0%
Total24656.111290.4-28.4%

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

  1. Turkey (5.0 units)
  2. Italy (2.0 units)
  3. Mexico (1.0 units)
  4. United States (1.0 units)
  5. China (1.0 units)
  6. Japan (1.0 units)

Exports of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the Dominican Republic

In 2022, approx. 1 units of knitting machines; circular, with cylinder diameter not exceeding 165mms were exported from the Dominican Republic; with a decrease of -75% on the previous year. In general, exports faced a dramatic contraction. The exports peaked at 4 units in 2021, and then contracted notably in the following year.

In value terms, exports of knitting machines; circular, with cylinder diameter not exceeding 165mms declined markedly to $100 in 2022. Over the period under review, exports faced a precipitous decrease. Over the period under review, the exports of reached the peak figure at $7.3K in 2021, and then reduced notably in the following year.

Export of Knitting Machines; Circular, with Cylinder Diameter Not Exceeding 165mm in the Dominican Republic (Thousand USD)
COUNTRY20212022CAGR,
2021-2022
United States7.30.1-98.6%
OthersN/AN/A0%
Total7.30.1-98.6%

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

  1. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

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