Price for Machinery; Parts of the Machinery of Heading No. 8425 in Belarus - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $6,323 per ton in 2022, dropping by -39.1% against the previous year. In general, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2018 an increase of 106%. The import price peaked at $10,375 per ton in 2021, and then declined rapidly in the following year.
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 Germany ($26,714 per ton), while the price for Ukraine ($2,097 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+3.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $10,438 per ton, jumping by 165% against the previous year. In general, the export price saw a tangible expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
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 Kazakhstan ($11,467 per ton), while the average price for exports to Georgia ($2,444 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 China (+28.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Belarus dropped notably to 31 tons, which is down by -32% on 2021. Overall, imports showed a precipitous decrease. The smallest decline of -13.3% was in 2021.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 contracted dramatically to $197K in 2022. Over the period under review, imports showed a sharp reduction. The smallest decline of -7.1% was in 2021.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 345 | 89.1 | 156 | 66.9 | -42.1% |
| Italy | 145 | 151 | 129 | 48.1 | -30.8% |
| United States | 71.2 | 138 | 15.3 | 25.5 | -29.0% |
| Germany | 30.7 | 37.8 | 38.1 | 13.2 | -24.5% |
| China | 48.5 | 21.6 | 23.8 | 10.7 | -39.6% |
| Lithuania | 1.4 | 5.5 | 28.4 | 9.8 | 91.3% |
| Bulgaria | 0.2 | 1.7 | 15.3 | 5.3 | 198.1% |
| Ukraine | 17.4 | 20.6 | 5.8 | 5.0 | -34.0% |
| Romania | 1.4 | 20.8 | 1.6 | 2.7 | 24.5% |
| Others | 44.2 | 26.4 | 63.4 | 10.2 | -38.7% |
| Total | 705 | 512 | 476 | 197 | -34.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Belarus in 2022:
- Russia (16.0 tons)
- China (5.1 tons)
- Italy (2.8 tons)
- Ukraine (2.4 tons)
- United States (1.5 tons)
- Lithuania (0.7 tons)
- Bulgaria (0.7 tons)
- Germany (0.5 tons)
- Romania (0.4 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Belarus reduced markedly to 2.5 tons, falling by -84.2% against 2021 figures. Overall, exports continue to indicate a precipitous curtailment. The pace of growth was the most pronounced in 2021 when exports increased by 48% against the previous year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 reduced notably to $26K in 2022. In general, exports recorded a precipitous decrease. The pace of growth was the most pronounced in 2021 with an increase of 38%.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 0.1 | 0.8 | 1.3 | 15.3 | 434.8% |
| Turkey | N/A | N/A | N/A | 5.7 | 0% |
| Kuwait | N/A | N/A | N/A | 2.6 | 0% |
| Norway | N/A | N/A | N/A | 0.5 | 0% |
| Ukraine | 492 | 28.4 | 2.1 | 0.2 | -92.6% |
| Georgia | 0.1 | 0.2 | N/A | 0.2 | 26.0% |
| Russia | 202 | 13.1 | 44.9 | N/A | -52.9% |
| Others | 0.1 | 1.9 | 12.9 | 1.0 | 115.4% |
| Total | 694 | 44.4 | 61.2 | 25.6 | -66.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Belarus in 2022:
- Kazakhstan (1336.0 kg)
- Turkey (615.0 kg)
- Kuwait (250.0 kg)
- Georgia (81.0 kg)
- Norway (55.0 kg)
- Ukraine (26.0 kg)
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