Price for Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic - 2023

Contents:

  1. Price for Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic (CIF) - 2022
  2. Price for Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic (FOB) - 2022
  3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic
  4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic

Price for Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $9,323 per ton, picking up by 8.2% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. The import price peaked at $9,719 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($28,351 per ton), while the price for Poland ($6,100 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic (FOB) - 2022

The average export price for machinery; parts of machinery of heading no. 8422 stood at $23,957 per ton in 2022, shrinking by -12.5% against the previous year. Over the period under review, export price indicated a slight expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery; parts of machinery of heading no. 8422 increased by +48.4% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of 28%. As a result, the export price reached the peak level of $27,383 per ton, and then declined 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 Switzerland ($60,657 per ton), while the average price for exports to Poland ($14,672 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 Denmark (+11.9%), 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 the Czech Republic

Imports of machinery; parts of machinery of heading no. 8422 into the Czech Republic shrank to 15K tons in 2022, dropping by -7.6% against the year before. Over the period under review, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2021 with an increase of 11%.

In value terms, imports of machinery; parts of machinery of heading no. 8422 dropped modestly to $136M in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 11%.

Import of Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany96.280.067.869.7-10.2%
Poland6.811.918.427.859.9%
Italy16.612.713.712.6-8.8%
Austria4.65.77.77.015.0%
Slovakia2.11.42.03.316.3%
Others12.211.126.815.89.0%
Total138123136136-0.5%

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to the Czech Republic in 2022:

  1. Germany (8.6K tons)
  2. Poland (4.6K tons)
  3. Italy (0.4K tons)
  4. Austria (0.4K tons)
  5. Slovakia (0.2K tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in the Czech Republic

Exports of machinery; parts of machinery of heading no. 8422 from the Czech Republic surged to 5K tons in 2022, picking up by 21% on the previous year. The total export volume increased at an average annual rate of +7.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, the exports reached 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 amounted to $121M in 2022. Overall, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +16.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 27%. 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 the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany47.250.155.154.34.8%
Poland8.114.216.017.529.3%
Italy1.72.59.511.589.1%
Switzerland3.83.96.86.217.7%
Netherlands3.03.93.35.623.1%
Slovakia1.52.32.43.228.7%
Sweden0.40.81.41.968.1%
Others10.612.019.420.624.8%
Total76.389.711412116.6%

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from the Czech Republic in 2022:

  1. Germany (2871.4 tons)
  2. Poland (1190.9 tons)
  3. Italy (238.6 tons)
  4. Netherlands (165.0 tons)
  5. Sweden (112.2 tons)
  6. Slovakia (110.4 tons)
  7. Switzerland (102.0 tons)

Source: IndexBox Market Intelligence Platform

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