Double jersey circular knitting machinery

Double jersey circular knitting machinery: regional markets

Shipments of double jersey circular knitting machinery to the textile industries in Asia declined by 3.6% to 15,065 machines in 2016.

As a result, the share of global shipments which went to these industries fell slightly from 89.3% to 89.0% although Asia remained by far the largest regional market.

Furthermore, despite the decline, shipments in 2016 were at their third highest level on record and were well above the annual average of 12,676 machines which were shipped to the industries over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in other Europe (Turkey) edged down by 0.7% to 532 machines in 2016. However, the share of global shipments which went to the industry remained stable at 3.1% and the industry continued to constitute the second largest regional market.

Furthermore, shipments were well above the annual average of 397 machines which were shipped to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industries in Africa—which constituted the third largest regional market—declined by 13.8% to 420 machines in 2016 and the share of global shipments which went to these industries fell from 2.8% to 2.5%.

However, the decline in shipments followed jumps of 56.1% in 2015 and 121.3% in 2014 and, as a result, shipments in 2016 were at their second highest level on record. Furthermore, they were more than double the annual average of 202 machines which were shipped to the industries over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industries in Western Europe shot up by 52.7% to 397 machines in 2016.

As a result, the share of global shipments which went to these industries rose from 1.5% to 2.3% and the industries constituted the fourth largest regional market after ranking fifth a year earlier.

Furthermore, the rise in shipments represented the third in four years, having followed an 18.8% decline in 2015 and jumps of 160.2% in 2014 and 61.8% in 2013. As a result, shipments in 2016 were at their highest level since 2001 and were almost double the annual average of 200 machines which were shipped to the industries over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industries in North America declined by 28.4% to 217 machines in 2016.

As a result, the share of global shipments which went to the industries fell from 1.7% to 1.3% and the industries constituted the fifth largest regional market after ranking fourth a year earlier.

However, the decline in shipments in 2016 followed four consecutive years of double digit growth. As a result, shipments in 2016 were at their second highest level since 2007 and were above the annual average of 177 machines which were shipped to the industries over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industries in South America edged up by 0.5% to 200 machines in 2016.

As a result, the share of global shipments which went to these industries rose from 1.1% to 1.2% and the industries continued to constitute the sixth largest regional market.

Also, shipments to these industries were more or less in line with the annual average of 207 machines which were shipped to the industries over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industries in Eastern Europe increased by 12.0% to 93 machines in 2016.

The increase represented the third in four years, having followed an 11.7% decline in 2015 and jumps of 59.3% in 2014 and 59.5% in 2013. As a result, shipments in 2016 were at their second highest level on record and were well above the annual average of 56 machines which were shipped to the industries over the ten years to 2016.

However, the industries accounted for only 0.5% of global shipments and continued to constitute the smallest regional market.

Double jersey circular knitting machinery: individual country markets

The largest national market for shipments of double jersey circular knitting machinery in 2016 was the textile industry in China.

However, shipments to the industry declined by 21.1% to 7,827 machines during the year and the share of global shipments which went to the industry fell from 56.7% to 46.2%.

Furthermore, the decline in shipments followed a 17.7% fall in the previous year. As a result, shipments in 2016 were at their lowest level since 2008 and were well below the annual average of 9,589 machines which were shipped to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in India shot up by 44.1% to 2,753 machines in 2016 following a 30.6% increase in 2015 and a surge of 155.3% in 2014.

As a result, shipments in 2016 reached a record high for the third consecutive year and were almost treble the annual average of 943 machines which were shipped to the industry over the ten years to 2016.

Furthermore, the share of global shipments which went to the industry rose from 10.9% to 16.3% although the industry remained the second largest market.

Table 8: Shipments of double jersey circular knitting machinery by region and leading countries of destination, 2015 and 2016

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Shipments of double jersey circular knitting machinery to the textile industry in Bangladesh increased by 42.9% to 1,072 machines in 2016 following jumps of 73.6% in 2015, 67.4% in 2014 and 81.7% in 2013. As a result, shipments in 2016 reached a record high for the second consecutive year.

Also, they were well over double the annual average of 420 machines which were shipped to the industry over the ten years to 2016.

Furthermore, the share of global shipments which went to the industry rose from 4.3% to 6.3% and the industry climbed a further place in the rankings to become the third largest market after climbing two places in the previous year.

Shipments of double jersey circular knitting machinery to the textile industry in Vietnam declined by 3.5% to 837 machines in 2016.

As a result, the share of global shipments which went to the industry fell from 5.0% to 4.9% and the industry slipped one place to become the fourth largest market.

However, the decline in shipments in 2016 followed jumps of 51.3% in 2015, 235.1% in 2014 and 35.7% in 2013 and, despite the decline in 2016 alone, shipments were at their second highest level on record.

Furthermore, they were almost treble the annual average of 290 machines which were shipped to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in Indonesia increased by 35.5% to 596 machines in 2016.

The increase represented the sixth double digit rise in eight years. As a result, shipments in 2016 reached a record high and were almost double the annual average of 308 machines which were shipped to the industry over the ten years to 2016.

Also, the share of global shipments which went to the industry in 2016 rose from 2.5% to 3.5% and the industry climbed one place to become the fifth largest market.

Shipments of double jersey circular knitting machinery to the textile industry in Turkey edged down by 0.7% to 532 machines in 2016 following a 30.5% decline in 2015.

Nevertheless, the share of global shipments which went to the industry remained stable in 2016, at 3.1%, although the industry slipped one place to become the sixth largest market.

Also, the 30.5% decline in 2015 followed five consecutive years of strong growth and, as a result, shipments in 2016 were well above the annual average of 397 machines which were shipped to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in Taiwan increased by 26.5% to 515 machines in 2016 following increases of 62.8% in 2015, 56.3% in 2014 and 22.1% in 2013. As a result, shipments in 2016 reached a record high for the second consecutive year and were well over double the annual average of 203 machines which were shipped to the industry over the ten years to 2016.

Furthermore, the share of global shipments which went to the industry rose from 2.3% to 3.0% although the industry remained the seventh largest market.

Shipments of double jersey circular knitting machinery to the textile industry in Pakistan surged by 132.4% to a record high of 244 machines in 2016. As a result, the share of global shipments which went to the industry increased from 0.6% to 1.4% and the industry climbed five places to become the eighth largest market.

Furthermore, shipments in 2016 alone accounted for as much as 38.4% of total cumulative shipments to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in Thailand increased by a modest 2.5% to 244 machines in 2016 following a surge of 133.3% in the previous year.

As a result, the share of global shipments which went to the industry remained stable in 2016, at 1.4%, although the industry climbed a further place in the rankings to eighth place, having climbed seven places a year earlier.

Furthermore, shipments in 2016 were at their highest level since 1999 and their second highest level on record, and were well over the annual average of 144 machines which were shipped to the industry over the ten years to 2016.

Shipments of double jersey circular knitting machinery to the textile industry in South Korea declined by 16.2% to 227 machines in 2016.

As a result, the share of global shipments which went to the industry fell from 1.5% to 1.3% and the industry slipped two places to become the tenth largest market.

However, shipments in 2016 were above the annual average of 159 machines which were shipped to the industry over the ten years to 2016.

Over the ten years to 2016, the largest national market for double jersey circular knitting machinery was the textile industry in China with a 68.9% share of global shipments (see Table 7).

The second largest national market was the textile industry in India with a 6.8% share, followed by the industries in Bangladesh (with a 3.0% share), Turkey (with a 2.8% share), Indonesia (with a 2.2% share), Vietnam (with a 2.1% share), Taiwan (with a 1.5% share), South Korea (with a 1.1% share), Thailand (with a 1.0% share) and Macau (with a 0.9% share).