Asia: Circular Knitting Machine Market 2020

Circular Knitting Machine Market Size in Asia

The revenue of the circular knitting machine market in Asia amounted to $X in 2017, coming down by -X% against the previous year. The circular knitting machine consumption continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2009, when it surged by X% year-to-year. The level of circular knitting machine consumption peaked of $X in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Circular Knitting Machine Production in Asia

In 2017, the amount of circular knitting machines produced in Asia totaled X units, coming down by -X% against the previous year. The circular knitting machine production continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2014, when it surged by X% y-o-y. Over the period under review, the circular knitting machine production attained its maximum volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Circular Knitting Machine Exports in Asia

The exports totaled X units in 2017, picking up by X% against the previous year. The total exports indicated a slight growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the circular knitting machine exports increased by +X% against 2012 indices. The pace of growth appeared the most rapid in 2010, with an increase of X% year-to-year. Over the period under review, the circular knitting machine exports reached its peak figure volume in 2017, and are expected to retain its growth in the immediate term.

In value terms, circular knitting machine exports totaled $X in 2017. The circular knitting machine exports continue to indicate a remarkable increase. The level of exports peaked in 2017, and are likely to see steady growth in the immediate term.

Circular Knitting Machine Exports by Country in Asia

China represented the main exporter of circular knitting machines in Asia, with the volume of exports accounting for X units, which was near X% of total exports in 2017. Taiwan, Chinese (X units) ranks second in terms of the global exports with a X% share, followed by South Korea (X%) and Japan (X%). China, Hong Kong SAR (X units) and Turkey (X units) held the weak share of total exports.

China was also the fastest growing in terms of the circular knitting machines exports, with a CAGR of +X% from 2007 to 2017. At the same time, China, Hong Kong SAR (+X%), Turkey (+X%) and South Korea (+X%) displayed positive paces of growth. By contrast, Taiwan, Chinese (-X%) and Japan (-X%) illustrated a downward trend over the same period. While the share of Taiwan, Chinese (X%) and Japan (X%) increased significantly in terms of the global exports from 2007-2017, the share of China, Hong Kong SAR (-X%), South Korea (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest circular knitting machine supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2017, the average annual growth rate of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Taiwan, Chinese (-X% per year) and Japan (-X% per year).

Circular Knitting Machine Export Prices by Country in Asia

The circular knitting machine export price in Asia stood at $X thousand per unit in 2017, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The growth pace was the most rapid in 2009, when it surged by X% year-to-year. Over the period under review, the export prices for circular knitting machines attained its peak figure level in 2017, and is expected to retain its growth in the near future.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Japan ($X thousand per unit), while Turkey ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Japan (+X% per year), while the other leaders experienced more modest paces of growth.

Circular Knitting Machine Imports in Asia

In 2017, the amount of circular knitting machines imported in Asia totaled X units, increasing by X% against the previous year. The circular knitting machine imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2010, when imports increased by X% against the previous year. The volume of imports peaked of X units in 2011; however, from 2012 to 2017, it failed to regain its momentum.

In value terms, circular knitting machine imports amounted to $X in 2017. The circular knitting machine imports continue to indicate a relatively flat trend pattern. In that year, the circular knitting machine imports attained their peak level of $X. From 2011 to 2017, growth of the circular knitting machine imports stood at a somewhat lower level.

Circular Knitting Machine Imports by Country in Asia

India (X units), China (X units) and Turkey (X units) represented roughly X% of total imports of circular knitting machines in 2017. Bangladesh (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by Indonesia (X%), Vietnam (X%) and Iran (X%). Pakistan (X units), Taiwan, Chinese (X units), Thailand (X units), Sri Lanka (X units) and Japan (X units) occupied the weak share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest circular knitting machine markets worldwide were India ($X), Turkey ($X) and China ($X), with a combined X% share of total imports. Vietnam, Bangladesh, Indonesia, Taiwan, Chinese, Iran, Pakistan, Thailand, Japan and Sri Lanka lagged somewhat behind, together comprising a further X%.

Iran (+X% per year) experienced the highest rates of growth with regard to imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Circular Knitting Machine Import Prices by Country in Asia

The circular knitting machine import price in Asia stood at $X thousand per unit in 2017, coming down by -X% against the previous year. The circular knitting machine import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, when it surged by X% y-o-y. The level of import price peaked of $X thousand per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Vietnam ($X thousand per unit), while Iran ($X thousand per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform