Price for Machinery; Parts of Machinery of Heading No. 8422 in Slovakia - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (FOB) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (CIF) - 2022
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia
Price for Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $21,590 per ton in 2022, surging by 15% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2014 an increase of 43%. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($38,583 per ton), while the average price for exports to Poland ($8,075 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 the Netherlands (+3.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $23,475 per ton, declining by -18.9% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 42%. Over the period under review, average import prices reached the peak figure at $34,354 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($60,077 per ton), while the price for Poland ($5,141 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia
In 2022, the amount of machinery; parts of machinery of heading no. 8422 exported from Slovakia reduced rapidly to 2.1K tons, waning by -16.4% compared with the previous year. Over the period under review, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 18% against the previous year. As a result, the exports attained the peak of 2.5K tons, and then fell rapidly in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 dropped slightly to $45M in 2022. The total export value increased at an average annual rate of +8.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $47M, and then dropped in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 18.7 | 16.0 | 20.5 | 16.7 | -3.7% |
| Netherlands | 9.3 | 8.9 | 11.9 | 9.7 | 1.4% |
| United States | 0.7 | 2.0 | 4.1 | 4.9 | 91.3% |
| Czech Republic | 1.9 | 1.9 | 2.5 | 3.5 | 22.6% |
| Italy | 0.1 | 0.2 | 0.2 | 2.7 | 200.0% |
| Switzerland | 0.8 | 0.9 | 1.6 | 1.7 | 28.6% |
| Poland | 1.0 | 1.4 | 1.9 | 1.3 | 9.1% |
| United Kingdom | 1.3 | 1.7 | 1.7 | 0.9 | -11.5% |
| Others | 1.6 | 1.8 | 2.2 | 3.5 | 29.8% |
| Total | 35.3 | 34.8 | 46.6 | 44.9 | 8.3% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Slovakia in 2022:
- Germany (753.0 tons)
- Netherlands (332.2 tons)
- Czech Republic (264.7 tons)
- Poland (157.7 tons)
- Italy (128.8 tons)
- United States (128.2 tons)
- Switzerland (105.7 tons)
- United Kingdom (46.6 tons)
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia
In 2022, supplies from abroad of machinery; parts of machinery of heading no. 8422 decreased by -36.3% to 1.1K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2021 when imports increased by 44% against the previous year. As a result, imports attained the peak of 1.7K tons, and then dropped significantly in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 plummeted to $25M in 2022. In general, imports, however, recorded a resilient increase. The growth pace was the most rapid in 2021 when imports increased by 60% against the previous year. As a result, imports reached the peak of $49M, and then fell notably in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Slovakia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 7.7 | 13.8 | 13.4 | 10.2 | 9.8% |
| Italy | 3.7 | 7.9 | 12.9 | 7.7 | 27.7% |
| Czech Republic | 1.1 | 5.0 | 5.1 | 4.2 | 56.3% |
| Poland | 0.4 | 0.2 | 0.2 | 0.4 | 0.0% |
| France | 0.2 | 0.9 | 12.8 | 0.2 | 0.0% |
| Others | 8.8 | 3.0 | 4.9 | 2.7 | -32.6% |
| Total | 21.8 | 30.8 | 49.2 | 25.4 | 5.2% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Slovakia in 2022:
- Czech Republic (475.1 tons)
- Italy (298.6 tons)
- Germany (170.5 tons)
- Poland (85.0 tons)
- France (5.7 tons)
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