Price for Machinery; Parts of Machinery of Heading No. 8422 in Romania - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Romania (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Romania (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Romania
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Romania
Price for Machinery; Parts of Machinery of Heading No. 8422 in Romania (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $26,834 per ton, remaining relatively unchanged against the previous year. Over the period under review, the import price showed a mild contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38%. Over the period under review, average import prices hit record highs at $34,516 per ton in 2017; however, from 2018 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 France ($35,012 per ton), while the price for Turkey ($10,338 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.0%), 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 Romania (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $27,795 per ton, rising by 3.5% against the previous year. In general, the export price, however, showed a mild curtailment. The pace of growth was the most pronounced in 2020 an increase of 18%. Over the period under review, the average export prices hit record highs at $34,562 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($98,860 per ton), while the average price for exports to Poland ($7,145 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 Canada (+5.4%), 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 Romania
Imports of machinery; parts of machinery of heading no. 8422 into Romania contracted markedly to 2.7K tons in 2022, which is down by -19% against the previous year's figure. In general, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +7.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.2% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 62% against the previous year. As a result, imports attained the peak of 3.4K tons, and then dropped dramatically in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 reduced rapidly to $73M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +29.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of $91M, and then fell remarkably in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 16.9 | 16.4 | 33.6 | 31.3 | 22.8% |
| Italy | 18.1 | 32.9 | 23.1 | 18.0 | -0.2% |
| Spain | 6.4 | 5.4 | 7.6 | 7.8 | 6.8% |
| France | 3.5 | 3.6 | 3.8 | 4.3 | 7.1% |
| Poland | 3.3 | 2.4 | 4.0 | 3.5 | 2.0% |
| Czech Republic | 0.5 | 1.9 | 7.9 | 0.9 | 21.6% |
| Turkey | 0.3 | 0.3 | 0.2 | 0.7 | 32.6% |
| Austria | 0.9 | 0.5 | 0.7 | 0.7 | -8.0% |
| Others | 6.8 | 7.2 | 10.4 | 6.2 | -3.0% |
| Total | 56.7 | 70.7 | 91.3 | 73.5 | 9.0% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Romania in 2022:
- Germany (1236.3 tons)
- Italy (546.0 tons)
- Spain (349.5 tons)
- Poland (127.0 tons)
- France (124.2 tons)
- Turkey (72.2 tons)
- Czech Republic (68.0 tons)
- Austria (48.5 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Romania
In 2022, exports of machinery; parts of machinery of heading no. 8422 from Romania dropped to 1.4K tons, which is down by -14.1% on 2021. In general, exports showed a noticeable curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, the exports reached the peak of 1.7K tons, and then shrank in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 declined to $40M in 2022. The total export value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 16% against the previous year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Romania (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Spain | 10.4 | 10.9 | 14.3 | 12.4 | 6.0% |
| Germany | 10.3 | 10.4 | 11.6 | 9.0 | -4.4% |
| Italy | 5.6 | 5.0 | 7.3 | 6.3 | 4.0% |
| Canada | 1.7 | 1.5 | 1.8 | 3.9 | 31.9% |
| Netherlands | 1.4 | 1.5 | 1.9 | 1.6 | 4.6% |
| Switzerland | 0.5 | 0.7 | 3.2 | 1.0 | 26.0% |
| Nigeria | 1.2 | 3.4 | 1.1 | 0.8 | -12.6% |
| Poland | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
| Others | 4.6 | 8.2 | 3.4 | 4.8 | 1.4% |
| Total | 36.2 | 42.1 | 45.1 | 40.1 | 3.5% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Romania in 2022:
- Italy (582.2 tons)
- Spain (323.5 tons)
- Germany (243.4 tons)
- Nigeria (50.6 tons)
- Switzerland (48.6 tons)
- Poland (43.4 tons)
- Canada (39.4 tons)
- Netherlands (22.2 tons)
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