Price for Machinery; Parts of Machinery of Heading No. 8422 in Ireland - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Ireland (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Ireland (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Ireland
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Ireland
Price for Machinery; Parts of Machinery of Heading No. 8422 in Ireland (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $58,824 per ton, waning by -11.1% against the previous year. In general, the import price, however, showed a buoyant increase. The most prominent rate of growth was recorded in 2020 an increase of 64% against the previous year. The import price peaked at $66,200 per ton in 2021, and then dropped in the following year.
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 United States ($199,022 per ton), while the price for the Netherlands ($10,993 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+13.5%), 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 Ireland (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $54,783 per ton in 2022, which is down by -40.8% against the previous year. Over the period under review, the export price, however, enjoyed a modest expansion. The pace of growth was the most pronounced in 2014 an increase of 122%. As a result, the export price reached the peak level of $162,514 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($112,758 per ton), while the average price for exports to Croatia ($2,900 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 France (+5.0%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Ireland
In 2022, purchases abroad of machinery; parts of machinery of heading no. 8422 was finally on the rise to reach 844 tons after two years of decline. In general, imports, however, showed a abrupt contraction.
In value terms, imports of machinery; parts of machinery of heading no. 8422 rose notably to $50M in 2022. Over the period under review, imports recorded a relatively flat trend pattern.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.1 | 10.9 | 17.1 | 15.1 | 2.3% |
| United Kingdom | 14.8 | 19.3 | 8.3 | 7.6 | -19.9% |
| United States | 7.1 | 7.9 | 5.3 | 5.6 | -7.6% |
| Italy | 4.2 | 2.0 | 3.7 | 4.8 | 4.6% |
| France | 0.7 | 0.7 | 0.7 | 4.4 | 84.6% |
| Netherlands | 1.7 | 1.8 | 2.8 | 4.2 | 35.2% |
| Switzerland | 2.8 | 4.2 | 3.1 | 2.4 | -5.0% |
| Spain | 1.0 | 0.8 | 1.1 | 1.0 | 0.0% |
| Others | 3.2 | 3.2 | 4.4 | 4.5 | 12.0% |
| Total | 49.5 | 50.7 | 46.5 | 49.7 | 0.1% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Ireland in 2022:
- Netherlands (386.3 tons)
- Germany (137.1 tons)
- United Kingdom (80.8 tons)
- France (59.8 tons)
- Italy (55.8 tons)
- United States (28.3 tons)
- Spain (23.7 tons)
- Switzerland (4.5 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Ireland
In 2022, the amount of machinery; parts of machinery of heading no. 8422 exported from Ireland surged to 568 tons, jumping by 109% against 2021. Over the period under review, exports saw significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of machinery of heading no. 8422 soared to $31M in 2022. In general, exports showed significant growth. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the near future.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Ireland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 5.6 | 8.3 | 5.0 | 5.9 | 1.8% |
| United Kingdom | 2.0 | 0.9 | 2.4 | 2.3 | 4.8% |
| Germany | 0.3 | N/A | 1.1 | 1.8 | 81.7% |
| Spain | 0.1 | N/A | 0.4 | 1.7 | 157.1% |
| France | 0.1 | N/A | 0.3 | 1.2 | 128.9% |
| Netherlands | N/A | N/A | 0.2 | 0.9 | 350.0% |
| Italy | N/A | N/A | 0.3 | 0.4 | 33.3% |
| Poland | N/A | N/A | N/A | 0.4 | 0% |
| Bulgaria | N/A | N/A | N/A | 0.4 | 0% |
| Iraq | N/A | N/A | N/A | 0.1 | 0% |
| Croatia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 7.8 | 10.0 | 15.3 | 15.9 | 26.8% |
| Total | 16.0 | 19.3 | 25.1 | 31.1 | 24.8% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Ireland in 2022:
- United Kingdom (187.5 tons)
- United States (64.0 tons)
- Spain (55.3 tons)
- Croatia (29.2 tons)
- Netherlands (28.3 tons)
- Italy (16.2 tons)
- Germany (15.7 tons)
- Poland (14.7 tons)
- Bulgaria (13.1 tons)
- France (10.7 tons)
- Iraq (10.4 tons)
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