Eastern Asia: Circular Knitting Machine Market 2020

Circular Knitting Machine Market Size in Eastern Asia

The revenue of the circular knitting machine market in Eastern Asia amounted to $X in 2017, going down by -X% against the previous year. The circular knitting machine consumption continues to indicate an abrupt slump. The pace of growth was the most pronounced in 2016, when it surged by X% year-to-year. Over the period under review, the circular knitting machine market reached its peak figure level of $X in 2009; however, from 2010 to 2017, it failed to regain its momentum.

Circular Knitting Machine Production in Eastern Asia

In 2017, approx. X units of circular knitting machines were produced in Eastern Asia; lowering by -X% against the previous year. The circular knitting machine production continues to indicate a temperate increase. The growth pace was the most rapid in 2014, when the output figure increased by X% y-o-y. Over the period under review, the circular knitting machine production attained its maximum volume of X units in 2016, and then declined slightly in the following year.

Circular Knitting Machine Exports in Eastern Asia

In 2017, approx. X units of circular knitting machines were exported in Eastern Asia; coming up by X% against the previous year. The total exports indicated a modest 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 most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, circular knitting machine exports stood at $X in 2017. The circular knitting machine exports continue to indicate a strong increase. The level of exports peaked in 2017, and are expected to retain its growth in the near future.

Circular Knitting Machine Exports by Country in Eastern Asia

In 2017, China (X units) represented the largest exporter for circular knitting machines, committing X% of total exports. 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) 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%) 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. Taiwan, Chinese (X%) and Japan (X%) significantly strengthened its position in terms of the global exports, while China, Hong Kong SAR, South Korea and China saw its share reduced by -X%, -X% and -X% from 2007 to 2017, respectively.

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

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +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 Eastern Asia

In 2017, the circular knitting machine export price in Eastern Asia amounted to $X thousand per unit, jumping by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous 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 ($X thousand per unit), while South Korea ($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 Eastern Asia

In 2017, the amount of circular knitting machines imported in Eastern Asia totaled X units, jumping by X% against the previous year. The circular knitting machine imports continue to indicate a drastic curtailment. The growth pace was the most rapid in 2010, when it surged by X% y-o-y. In that year, the circular knitting machine imports reached their peak volume of X units. From 2011 to 2017, growth of the circular knitting machine imports stood at a somewhat lower level.

In value terms, circular knitting machine imports stood at $X in 2017. The circular knitting machine imports continue to indicate an abrupt downturn. 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 Eastern Asia

China was the major importer of circular knitting machines in Eastern Asia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2017. Taiwan, Chinese (X units) ranks second in terms of the global imports with a X% share, followed by China, Hong Kong SAR (X%), Japan (X%) and South Korea (X%).

Imports into China decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Taiwan, Chinese (+X%) and South Korea (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest growing importer in Eastern Asia, with a CAGR of +X% from 2007-2017. By contrast, Japan (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. China (X%), China, Hong Kong SAR (X%) and Japan (X%) significantly strengthened its position in terms of the global imports, while Taiwan, Chinese saw its share reduced by -X% from 2007 to 2017, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) constitutes the largest market for imported circular knitting machines in Eastern Asia, making up X% of global imports. The second position in the ranking was occupied by Taiwan, Chinese ($X), with a X% share of global imports. It was followed by South Korea, with a X% share.

In China, circular knitting machine imports contracted by an average annual rate of -X% over the period from 2007-2017. The remaining importing countries recorded the following average annual rates of imports growth: Taiwan, Chinese (+X% per year) and South Korea (+X% per year).

Circular Knitting Machine Import Prices by Country in Eastern Asia

The circular knitting machine import price in Eastern Asia stood at $X thousand per unit in 2017, falling by -X% against the previous year. The circular knitting machine import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2013, when it surged by X% year-to-year. The level of import price peaked of $X thousand per unit in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was South Korea ($X thousand per unit), while China, Hong Kong SAR ($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 South Korea (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform