Price for Machinery; Parts of Machinery of Heading No. 8422 in Russia - 2022
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Russia (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Russia (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Russia
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Russia
Price for Machinery; Parts of Machinery of Heading No. 8422 in Russia (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $105,206 per ton in 2022, declining by -15.3% against the previous year. Over the period under review, the import price recorded a pronounced curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by 10%. The import price peaked at $139,835 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($280,622 per ton), while the price for Taiwan (Chinese) ($12,233 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+7.0%), 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 Russia (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $65,140 per ton in 2022, reducing by -18.4% against the previous year. Overall, the export price, however, enjoyed modest growth. The most prominent rate of growth was recorded in 2015 when the average export price increased by 143% against the previous year. The export price peaked at $79,826 per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($180,382 per ton), while the average price for exports to Austria ($16,685 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 Georgia (+29.8%), 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 Russia
In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into Russia surged to 1.3K tons, growing by 17% compared with 2021 figures. The total import volume increased at an average annual rate of +8.4% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of 18% against the previous year. Over the period under review, imports of hit record highs 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 reduced slightly to $136M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 6.8%.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.8 | 39.3 | 44.5 | 36.5 | -0.3% |
| Italy | 34.0 | 28.0 | 33.3 | 26.2 | -8.3% |
| China | 1.0 | 4.1 | 1.9 | 11.3 | 124.4% |
| Lithuania | 8.5 | 8.1 | 8.1 | 10.0 | 5.6% |
| Netherlands | 5.6 | 10.6 | 4.6 | 6.0 | 2.3% |
| Estonia | 1.2 | 1.4 | 2.1 | 5.7 | 68.1% |
| Spain | 2.0 | 1.9 | 4.5 | 5.6 | 40.9% |
| Poland | 8.1 | 5.3 | 4.9 | 4.8 | -16.0% |
| Turkey | 0.5 | 0.5 | 0.5 | 2.8 | 77.6% |
| Serbia | N/A | 0.2 | 0.6 | 2.3 | 239.1% |
| South Korea | 0.9 | 7.1 | 1.5 | 1.9 | 28.3% |
| United Kingdom | 1.0 | 1.1 | 2.0 | 1.6 | 17.0% |
| Taiwan (Chinese) | 0.6 | 0.9 | 1.0 | 1.3 | 29.4% |
| Others | 26.6 | 26.6 | 28.0 | 20.5 | -8.3% |
| Total | 127 | 135 | 138 | 136 | 2.3% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Russia in 2022:
- China (295.8 tons)
- Germany (238.9 tons)
- Taiwan (Chinese) (102.7 tons)
- Italy (93.2 tons)
- Lithuania (82.8 tons)
- Poland (80.7 tons)
- Turkey (60.7 tons)
- Spain (42.5 tons)
- South Korea (41.8 tons)
- Estonia (39.2 tons)
- Serbia (37.5 tons)
- Netherlands (30.6 tons)
- United Kingdom (29.7 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Russia
In 2022, overseas shipments of machinery; parts of machinery of heading no. 8422 were finally on the rise to reach 73 tons after two years of decline. Over the period under review, exports, however, saw a dramatic decrease.
In value terms, exports of machinery; parts of machinery of heading no. 8422 dropped to $4.7M in 2022. In general, exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2021 with an increase of 37% against the previous year. As a result, the exports attained the peak of $5.5M, and then fell in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,193 | 827 | 1,225 | 2,506 | 28.1% |
| India | N/A | 72.9 | N/A | 578 | 181.6% |
| Switzerland | 101 | 1.8 | 0.1 | 304 | 44.4% |
| Kyrgyzstan | 15.4 | 31.0 | 87.0 | 209 | 138.5% |
| Netherlands | 13.7 | 1.9 | 20.9 | 176 | 134.2% |
| China | N/A | N/A | N/A | 124 | 0% |
| Austria | 38.6 | 59.8 | 143 | 52.9 | 11.1% |
| Trinidad and Tobago | 788 | N/A | N/A | N/A | 0% |
| Romania | 590 | 527 | N/A | N/A | -10.7% |
| Belarus | 1,302 | 1,415 | 2,110 | N/A | 27.3% |
| Others | 1,002 | 1,073 | 1,890 | 793 | -7.5% |
| Total | 5,044 | 4,010 | 5,476 | 4,743 | -2.0% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Russia in 2022:
- Kazakhstan (41.8 tons)
- Kyrgyzstan (10.3 tons)
- India (8.1 tons)
- Austria (3.2 tons)
- Switzerland (1.7 tons)
- Netherlands (1.5 tons)
- China (1.3 tons)
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