Turkey - Knitting Machines - Market Analysis, Forecast, Size, Trends And Insights
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View PricingKnitting Machines Price in Turkey - 2023
Contents:
- Knitting Machines Price in Turkey (CIF) - 2022
- Knitting Machines Price in Turkey (FOB) - 2022
- Knitting Machines Imports in Turkey
- Knitting Machines Exports in Turkey
Knitting Machines Price in Turkey (CIF) - 2022
In 2022, the average knitting machines import price amounted to $481 per unit, increasing by 8.5% against the previous year. Over the period under review, the import price, however, recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2013 an increase of 14% against the previous year. As a result, import price reached the peak level of $692 per unit. From 2014 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($1,449 per unit), while the price for China ($270 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.
Knitting Machines Price in Turkey (FOB) - 2022
The average knitting machines export price stood at $138 per unit in 2022, dropping by -10.2% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 27% against the previous year. As a result, the export price reached the peak level of $168 per unit. From 2019 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($328 per unit), while the average price for exports to Iran ($39 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+10.5%), while the prices for the other major destinations experienced more modest paces of growth.
Knitting Machines Imports in Turkey
In 2022, after three years of growth, there was significant decline in overseas purchases of knitting machineses, when their volume decreased by -51.5% to 776K units. Over the period under review, imports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 149% against the previous year. As a result, imports attained the peak of 1.6M units, and then dropped remarkably in the following year.
In value terms, knitting machines imports declined significantly to $373M in 2022. In general, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 when imports increased by 158%. As a result, imports attained the peak of $709M, and then dropped notably in the following year.
| Import of Knitting Machines in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 24.1 | 57.8 | 219 | 116 | 68.8% |
| Italy | 62.8 | 57.0 | 170 | 89.9 | 12.7% |
| Germany | 50.7 | 98.9 | 160 | 85.0 | 18.8% |
| Japan | 18.8 | 49.3 | 107 | 56.7 | 44.5% |
| Taiwan (Chinese) | 3.3 | 4.6 | 33.4 | 17.7 | 75.0% |
| Others | 5.9 | 7.4 | 18.5 | 7.5 | 8.3% |
| Total | 166 | 275 | 709 | 373 | 31.0% |
Top Suppliers of Knitting Machines to Turkey in 2022:
- China (431.4K units)
- Germany (128.0K units)
- Japan (97.0K units)
- Italy (62.0K units)
- Taiwan (Chinese) (42.7K units)
Knitting Machines Exports in Turkey
Knitting machines exports from Turkey declined remarkably to 55K units in 2022, reducing by -78.2% compared with 2021 figures. In general, exports saw a significant decrease. The pace of growth was the most pronounced in 2021 with an increase of 203%. As a result, the exports attained the peak of 254K units, and then shrank rapidly in the following year.
In value terms, knitting machines exports shrank remarkably to $7.6M in 2022. Overall, exports saw a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 220%. As a result, the exports attained the peak of $39M, and then declined rapidly in the following year.
| Export of Knitting Machines in Turkey (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2.0 | 1.6 | 12.1 | 2.2 | 3.2% |
| Iran | 3.0 | 2.1 | 2.5 | 0.8 | -35.6% |
| Uzbekistan | 1.2 | 0.5 | 2.9 | 0.5 | -25.3% |
| Bulgaria | 2.0 | 0.6 | 2.4 | 0.5 | -37.0% |
| Italy | 1.1 | 1.8 | 1.6 | 0.4 | -28.6% |
| Egypt | 0.8 | 0.3 | 2.2 | 0.4 | -20.6% |
| Russia | 2.0 | 0.3 | 1.9 | 0.4 | -41.5% |
| Pakistan | 0.5 | 0.1 | 0.9 | 0.2 | -26.3% |
| Georgia | 0.7 | N/A | 0.3 | 0.1 | -47.7% |
| Iraq | 0.1 | 0.2 | 0.5 | 0.1 | 0.0% |
| Others | 5.3 | 4.7 | 11.5 | 2.1 | -26.6% |
| Total | 18.7 | 12.2 | 39.0 | 7.6 | -25.9% |
Top Export Markets for Knitting Machines from Turkey in 2022:
- Iran (19.5K units)
- India (9.7K units)
- Egypt (3.8K units)
- Uzbekistan (2.6K units)
- Pakistan (2.5K units)
- Russia (1.9K units)
- Italy (1.8K units)
- Bulgaria (1.6K units)
- Georgia (1.4K units)
- Iraq (0.9K units)
This report provides an in-depth analysis of the knitting machines market in Turkey. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28941430 - Circular knitting machines
- Prodcom 28941450 - Flat knitting machines, stitch-bonding machines and warp knitting machines
- Prodcom 28941470 - Machines for making gimped yarn, tulle, lace, embroidery, t rimmings, braid or net, and machines for tufting
Country coverage:
- Turkey
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Turkey
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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This report provides an in-depth analysis of the knitting machines market in Turkey.
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Global Circular Knitting Machine Market Report 2018. This report provides an in-depth analysis of the global circular knitting machine market.
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This report provides an in-depth analysis of the knitting machines market in Turkey.
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This report provides an in-depth analysis of the circular knitting machine market in Turkey.
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Knitting Machine imports reached a peak of 663 units in May 2023 but decreased from June 2023 to January 2024. In terms of value, imports dropped significantly to $2.8M in January 2024.
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During the period analyzed, imports of Knitting Machines reached a peak of 663 units in May 2023. From June to November 2023, imports stabilized at a lower level. In terms of value, imports of Knitting Machines surged to $3.5M in November 2023.
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In January 2023, the knitting machine price stood at $14,567 per unit (CIF, Turkey), dropping by -33.3% against the previous month.
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Turkey stands as the world's largest importer of knitting machines, followed by India, Italy, Bangladesh, China, Vietnam, Brazil, Indonesia, Russia, and the United States. These countries have significant import markets for knitting machines, driven by their thriving textile and garment industries. As the demand for knitted fabrics continues to rise, the import market for knitting machines is expected to grow further. The IndexBox market intelligence platform provides valuable insights and statistics for businesses to make informed decisions in the global import market.
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