The global export landscape for circular knitting machines with cylinder diameters exceeding 165 mm remains dominated by China, holding a 63.1% share. This leads by far compared to Germany and Japan with 10.27% and 5.27% respectively. Notably, from 2023, China saw a 2.35% increase in its export share, while Germany and Japan experienced declines of -1.11% and -2.12%. Emerging market growth is evident in the Czech Republic (2.56%) and Thailand (3.24%), with the UAE showing significant progress with a 226.33% surge. Overall, variations suggest advancements in export capacities and competitive realignments.
Future trends to watch for include the continued expansion of China’s production capacity and its potential impact on European manufacturing hubs. Additionally, the rising contributions from smaller markets like the UAE and Slovakia might signal shifting global supply chains. Technological innovations and sustainability practices may also influence machine adoption and production dynamics.
Top countries in Export of Circular Knitting Machines with Cylinder Diameter Exceeding 165 mm Share by Country (Kilograms)
| # | 10 Countries | Percent | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 China | 63.1 | 2023 | +5.55% | +2.35% | View data |
| 2 | 2 Germany | 10.27 | 2023 | -1.52% | -1.11% | View data |
| 3 | 3 Japan | 5.27 | 2023 | +0.042% | -2.12% | View data |
| 4 | 4 South Korea | 3.65 | 2023 | -1.67% | -0.63% | View data |
| 5 | 5 Italy | 3.43 | 2023 | -6.04% | -6.59% | View data |
| 6 | 6 Czech Republic | 1.76 | 2023 | +3.98% | +2.56% | View data |
| 7 | 7 Thailand | 1.29 | 2023 | +5.88% | +3.24% | View data |
| 8 | 8 United Kingdom | 0.37 | 2023 | -12.34% | -10.25% | View data |
| 9 | 9 Peru | 0.33 | 2023 | +4.99% | +2.68% | View data |
| 10 | 10 Brazil | 0.19 | 2023 | -0.65% | -1.49% | View data |
