Price for Machinery; Parts of Machinery of Heading No. 8422 in Chile - 2024
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Chile (CIF) - 2024
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Chile (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Chile
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Chile
Price for Machinery; Parts of Machinery of Heading No. 8422 in Chile (CIF) - 2024
The average import price for machinery; parts of machinery of heading no. 8422 stood at $168K per ton in December 2023, rising by 51% against the previous month. In general, the import price recorded buoyant growth. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 145% month-to-month. As a result, import price attained the peak level of $215K per ton. From September 2023 to December 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($410K per ton), while the price for Spain ($42,347 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+13.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Chile (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $115,603 per ton, jumping by 23% against the previous year. Over the period under review, the export price saw a tangible expansion. The most prominent rate of growth was recorded in 2021 when the average export price increased by 64%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in years to come.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Bolivia ($298,684 per ton), while the average price for exports to Panama ($8,025 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Costa Rica (+55.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Chile
In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into Chile rose sharply to 440 tons, increasing by 8.6% on 2021 figures. The total import volume increased at an average annual rate of +2.9% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 21%. Over the period under review, imports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
In value terms, imports of machinery; parts of machinery of heading no. 8422 expanded significantly to $48M in 2022. The total import value increased at an average annual rate of +7.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Chile (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 11.0 | 12.7 | 11.1 | 15.6 | 12.4% |
| Germany | 10.9 | 9.7 | 10.6 | 10.6 | -0.9% |
| Spain | 2.3 | 2.0 | 3.4 | 3.7 | 17.2% |
| United States | 3.2 | 4.2 | 3.3 | 2.9 | -3.2% |
| France | 2.7 | 2.7 | 3.3 | 2.6 | -1.3% |
| Brazil | 1.7 | 1.3 | 1.3 | 2.1 | 7.3% |
| Sweden | 0.8 | 1.4 | 1.4 | 1.4 | 20.5% |
| China | 0.6 | 0.4 | 0.8 | 0.8 | 10.1% |
| Argentina | 1.3 | 0.6 | 1.0 | 0.8 | -14.9% |
| Ireland | N/A | N/A | 0.9 | 0.7 | -22.2% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Others | 4.6 | 5.0 | 5.9 | 7.0 | 15.0% |
| Total | 39.3 | 40.1 | 43.3 | 48.4 | 7.2% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Chile in 2022:
- Italy (111.5 tons)
- Germany (68.7 tons)
- Brazil (48.5 tons)
- France (44.2 tons)
- China (37.2 tons)
- Spain (25.9 tons)
- United States (16.0 tons)
- Ireland (15.0 tons)
- Taiwan (Chinese) (11.1 tons)
- Sweden (9.5 tons)
- Argentina (8.6 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Chile
Exports of machinery; parts of machinery of heading no. 8422 from Chile dropped sharply to 8.9 tons in 2022, waning by -94.5% on 2021. Overall, exports saw a precipitous decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 2,256% against the previous year. As a result, the exports reached the peak of 163 tons, and then contracted remarkably in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 fell notably to $1M in 2022. Over the period under review, exports, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 3,769%. As a result, the exports attained the peak of $15M, and then declined dramatically in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Chile (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 136 | 25.1 | 39.1 | 467 | 50.9% |
| Bolivia | 118 | 74.7 | 243 | 122 | 1.1% |
| Argentina | 53.3 | 9.7 | 168 | 93.0 | 20.4% |
| Peru | 85.9 | 17.4 | 14,452 | 81.3 | -1.8% |
| Brazil | 14.8 | 68.8 | 3.2 | 65.5 | 64.2% |
| Mexico | 118 | 41.7 | 27.7 | 30.6 | -36.2% |
| Germany | 8.9 | 3.5 | 51.6 | 27.2 | 45.1% |
| Costa Rica | N/A | N/A | N/A | 24.3 | 0% |
| Spain | N/A | 2.6 | 1.0 | 19.7 | 175.3% |
| Austria | 5.3 | 5.0 | 14.9 | 17.9 | 50.0% |
| Paraguay | 11.0 | 15.0 | 40.1 | 8.0 | -10.1% |
| Panama | N/A | N/A | N/A | 3.2 | 0% |
| France | 20.1 | 1.7 | 3.3 | N/A | -59.5% |
| Others | 307 | 131 | 298 | 72.6 | -38.2% |
| Total | 879 | 397 | 15,342 | 1,032 | 5.5% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Chile in 2022:
- United States (1656.0 kg)
- Argentina (1428.0 kg)
- Spain (972.0 kg)
- Brazil (708.0 kg)
- Mexico (636.0 kg)
- Austria (615.0 kg)
- Peru (615.0 kg)
- Germany (572.0 kg)
- Bolivia (408.0 kg)
- Panama (397.0 kg)
- Paraguay (298.0 kg)
- Costa Rica (204.0 kg)
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