Middle East: Circular Knitting Machine Market 2020

Circular Knitting Machine Exports in Middle East

In 2017, approx. X units of circular knitting machines were exported in Middle East; surging by X% against the previous year. The circular knitting machine exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017, when it surged by X% against the previous year. In that year, the circular knitting machine exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, circular knitting machine exports totaled $X in 2017. The total exports indicated a temperate growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the circular knitting machine exports reached its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Circular Knitting Machine Exports by Country in Middle East

Turkey dominates circular knitting machine exports structure, resulting at X units, which was approx. X% of total exports in 2017. It was distantly followed by Israel (X units), comprising X% share of total exports. The following exporters - the United Arab Emirates (X units) and Jordan (X units) together made up X% of total exports.

From 2007 to 2017, average annual rates of growth with regard to circular knitting machine exports from Turkey stood at +X%. At the same time, Jordan (+X%), Israel (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Jordan emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. While the share of Israel (-X%) and Turkey (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) remains the largest circular knitting machine supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by Israel ($X), with a X% share of global exports. It was followed by the United Arab Emirates, with a X% share.

In Turkey, circular knitting machine exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Israel (+X% per year) and the United Arab Emirates (+X% per year).

Circular Knitting Machine Export Prices by Country in Middle East

In 2017, the circular knitting machine export price in Middle East amounted to $X thousand per unit, declining by -X% against the previous year. The circular knitting machine export price continues to indicate a temperate downturn. The pace of growth was the most pronounced in 2008, when it surged by X% against the previous year. Over the period under review, the export prices for circular knitting machines reached its peak figure level of $X thousand per unit in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Jordan ($X thousand per unit), while Turkey ($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 the United Arab Emirates (+X% per year), while the other leaders experienced a decline in the export price figures.

Circular Knitting Machine Imports in Middle East

In 2017, approx. X units of circular knitting machines were imported in Middle East; jumping by X% against the previous year. The total imports indicated a mild 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. The growth pace was the most rapid in 2011, when imports increased by X% against the previous year. In that year, the circular knitting machine imports attained their peak volume of X units. From 2012 to 2017, growth of the circular knitting machine imports failed to regain its momentum.

In value terms, circular knitting machine imports totaled $X in 2017. The circular knitting machine imports continue to indicate a mild setback. The level of imports peaked of $X in 2014; however, from 2015 to 2017, it stood at a somewhat lower level.

Circular Knitting Machine Imports by Country in Middle East

Turkey represented the key importer of circular knitting machines in Middle East, with the volume of imports amounting to X units, which was approx. X% of total imports in 2017. It was distantly followed by Iran (X units), making up X% share of total imports. Israel (X units) followed a long way behind the leaders.

Turkey experienced a relatively flat trend pattern of circular knitting machines imports. At the same time, Iran (+X%) displayed positive paces of growth. Moreover, Iran emerged as the fastest growing importer in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Israel (-X%) illustrated a downward trend over the same period. While the share of Turkey (X%) increased significantly in terms of the global imports from 2007-2017, the share of Iran (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Turkey ($X) constitutes the largest market for imported circular knitting machines in Middle East, making up X% of global imports. The second position in the ranking was occupied by Iran ($X), with a X% share of global imports. It was followed by Israel, with a X% share.

In Turkey, circular knitting machine imports declined 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: Iran (+X% per year) and Israel (+X% per year).

Circular Knitting Machine Import Prices by Country in Middle East

The circular knitting machine import price in Middle East 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 temperate downturn. The most prominent rate of growth was recorded in 2012, when it surged by X% year-to-year. The level of import price peaked of $X thousand per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was Turkey ($X thousand per unit), while Iran ($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 Israel (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform