Price for Machinery; Parts of Machinery of Heading No. 8422 in France - 2023

Contents:

  1. Price for Machinery; Parts of Machinery of Heading No. 8422 in France (CIF) - 2022
  2. Price for Machinery; Parts of Machinery of Heading No. 8422 in France (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in France
  4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in France

Price for Machinery; Parts of Machinery of Heading No. 8422 in France (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $34,839 per ton, declining by -10.2% against the previous year. In general, the import price continues to indicate a pronounced descent. The pace of growth was the most pronounced in 2014 an increase of 33% against the previous year. Over the period under review, average import prices reached the maximum at $51,248 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($96,872 per ton), while the price for Belgium ($13,316 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+9.2%), 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 France (FOB) - 2022

The average export price for machinery; parts of machinery of heading no. 8422 stood at $95,048 per ton in 2022, shrinking by -7.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2018 an increase of 27%. As a result, the export price reached the peak level of $112,030 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($142,255 per ton), while the average price for exports to Nigeria ($35,959 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 Kuwait (+5.6%), 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 France

In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into France rose sharply to 13K tons, picking up by 13% compared with the year before. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20%. As a result, imports reached the peak of 14K tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of machinery; parts of machinery of heading no. 8422 amounted to $450M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Import of Machinery; Parts of Machinery of Heading No. 8422 in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy151135148139-2.7%
Germany132134127123-2.3%
Spain22.719.432.130.210.0%
Netherlands11.618.718.118.717.3%
Belgium12.616.513.118.613.9%
Ireland0.70.91.116.4186.1%
China9.06.17.611.48.2%
United Kingdom12.110.97.46.9-17.1%
Others94.880.390.985.6-3.3%
Total4464214454500.3%

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to France in 2022:

  1. Italy (3.3K tons)
  2. Germany (3.1K tons)
  3. Spain (2.0K tons)
  4. Belgium (1.4K tons)
  5. Netherlands (0.8K tons)
  6. China (0.4K tons)
  7. Ireland (0.2K tons)
  8. United Kingdom (0.1K tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in France

In 2022, the amount of machinery; parts of machinery of heading no. 8422 exported from France fell modestly to 2.6K tons, with a decrease of -1.8% compared with the year before. Overall, exports continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 with an increase of 7.9% against the previous year.

In value terms, exports of machinery; parts of machinery of heading no. 8422 dropped to $243M in 2022. Over the period under review, exports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 6.7% against the previous year.

Export of Machinery; Parts of Machinery of Heading No. 8422 in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States57.948.637.831.9-18.0%
Germany24.225.227.826.32.8%
Belgium14.812.913.411.5-8.1%
United Kingdom13.012.710.811.4-4.3%
Spain14.213.413.711.3-7.3%
Algeria17.712.216.911.1-14.4%
Netherlands6.86.38.710.214.5%
Italy8.67.19.59.22.3%
Poland7.36.517.97.82.2%
Morocco11.15.66.46.0-18.5%
Czech Republic1.32.02.04.854.6%
Nigeria0.91.81.04.672.3%
Kuwait0.50.4N/A4.4106.5%
Others10895.710192.4-5.1%
Total286250267243-5.3%

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from France in 2022:

  1. Germany (332.5 tons)
  2. United States (267.7 tons)
  3. Belgium (163.0 tons)
  4. Netherlands (128.9 tons)
  5. Nigeria (127.0 tons)
  6. Algeria (115.3 tons)
  7. United Kingdom (114.1 tons)
  8. Italy (106.6 tons)
  9. Poland (91.8 tons)
  10. Spain (79.8 tons)
  11. Kuwait (75.1 tons)
  12. Czech Republic (61.7 tons)
  13. Morocco (57.9 tons)

Source: IndexBox Market Intelligence Platform

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