Price for Machinery; Parts of Machinery of Heading No. 8422 in Sweden - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Sweden (FOB) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Sweden (CIF) - 2022
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Sweden
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Sweden
Price for Machinery; Parts of Machinery of Heading No. 8422 in Sweden (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $142,426 per ton in 2022, declining by -15% against the previous year. Over the last decade, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2018 an increase of 16% against the previous year. Over the period under review, the average export prices reached the maximum at $167,537 per ton in 2021, and then reduced in the following year.
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 Brazil ($348,828 per ton), while the average price for exports to Norway ($39,340 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 United Arab Emirates (+6.6%), 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 Sweden (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $11,243 per ton, declining by -14.6% against the previous year. Over the period under review, the import price showed a noticeable descent. The pace of growth appeared the most rapid in 2017 an increase of 68%. Over the period under review, average import prices attained the peak figure at $16,317 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
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 Austria ($89,985 per ton), while the price for Poland ($332 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 (+5.4%), 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 Sweden
In 2022, after three years of growth, there was decline in shipments abroad of machinery; parts of machinery of heading no. 8422, when their volume decreased by -0.6% to 1.9K tons. The total export volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 8.8%. As a result, the exports reached the peak of 1.9K tons, leveling off in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 shrank sharply to $266M in 2022. In general, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when exports increased by 16%. As a result, the exports reached the peak of $315M, and then fell dramatically in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 54.7 | 54.5 | 65.8 | 41.6 | -8.7% |
| United States | 18.8 | 15.0 | 16.5 | 23.3 | 7.4% |
| Brazil | 15.6 | 15.2 | 18.3 | 20.1 | 8.8% |
| Italy | 11.9 | 13.0 | 17.1 | 14.9 | 7.8% |
| United Arab Emirates | 5.2 | 13.9 | 17.6 | 14.2 | 39.8% |
| Mexico | 18.4 | 16.9 | 21.9 | 13.6 | -9.6% |
| Germany | 11.0 | 10.6 | 11.1 | 13.1 | 6.0% |
| Austria | 11.1 | 13.2 | 11.9 | 11.0 | -0.3% |
| France | 8.1 | 7.9 | 9.3 | 9.7 | 6.2% |
| India | 4.0 | 4.2 | 6.1 | 9.5 | 33.4% |
| Norway | 4.3 | 4.8 | 7.4 | 5.5 | 8.6% |
| Denmark | 4.1 | 3.8 | 7.0 | 4.2 | 0.8% |
| Finland | 4.1 | 3.2 | 4.1 | 3.6 | -4.2% |
| Others | 90.2 | 95.2 | 101 | 81.6 | -3.3% |
| Total | 262 | 271 | 315 | 266 | 0.5% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Sweden in 2022:
- China (200.4 tons)
- United States (148.3 tons)
- Germany (147.2 tons)
- Norway (140.5 tons)
- Italy (136.9 tons)
- France (132.1 tons)
- Mexico (81.8 tons)
- Austria (68.0 tons)
- United Arab Emirates (66.0 tons)
- Brazil (57.6 tons)
- Denmark (50.5 tons)
- Finland (48.2 tons)
- India (46.0 tons)
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Sweden
In 2022, supplies from abroad of machinery; parts of machinery of heading no. 8422 increased by 8.9% to 17K tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a perceptible curtailment.
In value terms, imports of machinery; parts of machinery of heading no. 8422 contracted to $187M in 2022. The total import value increased at an average annual rate of +7.4% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22% against the previous year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 57.1 | 74.3 | 85.0 | 75.3 | 9.7% |
| Germany | 19.3 | 23.2 | 27.8 | 28.4 | 13.7% |
| Austria | 23.2 | 32.6 | 28.4 | 25.1 | 2.7% |
| Denmark | 7.7 | 9.0 | 12.1 | 13.5 | 20.6% |
| China | 13.2 | 11.6 | 11.7 | 12.1 | -2.9% |
| Netherlands | 5.3 | 6.5 | 6.4 | 7.2 | 10.8% |
| France | 3.8 | 2.9 | 3.8 | 3.6 | -1.8% |
| Belgium | 0.8 | 0.5 | 1.5 | 1.5 | 23.3% |
| Poland | 1.0 | 0.7 | 0.8 | 1.2 | 6.3% |
| United Kingdom | 4.2 | 3.7 | 1.0 | 0.5 | -50.8% |
| Others | 14.9 | 18.0 | 21.8 | 17.9 | 6.3% |
| Total | 151 | 183 | 200 | 187 | 7.4% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Sweden in 2022:
- Netherlands (4.2K tons)
- Poland (3.7K tons)
- Italy (2.8K tons)
- Germany (2.3K tons)
- United Kingdom (0.7K tons)
- Denmark (0.6K tons)
- Belgium (0.6K tons)
- France (0.5K tons)
- Austria (0.3K tons)
- China (0.2K tons)
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