Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ireland - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $13,293 per ton, waning by -30.3% against the previous year. Over the period under review, import price indicated a perceptible increase from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 an increase of 55% against the previous year. The import price peaked at $19,073 per ton in 2021, and then shrank dramatically in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($24,394 per ton), while the price for China ($6,646 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 (+1.1%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $16,081 per ton in 2022, with a decrease of -35.1% against the previous year. Overall, the export price, however, enjoyed a pronounced expansion. The pace of growth was the most pronounced in 2017 an increase of 77% against the previous year. The export price peaked at $31,341 per ton in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($55,052 per ton), while the average price for exports to Belgium ($5,244 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 Oman (+203.3%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Ireland rose modestly to 426 tons, picking up by 4.1% compared with the previous year's figure. Over the period under review, imports saw mild growth. The growth pace was the most rapid in 2021 when imports increased by 138%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 hit record highs in 2022 and are expected to retain growth in years to come.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 declined dramatically to $5.7M in 2022. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 161%. As a result, imports reached the peak of $7.8M, and then shrank significantly in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,467 | 1,316 | 1,454 | 1,937 | 9.7% |
| Germany | 1,372 | 534 | 583 | 1,556 | 4.3% |
| Italy | 91.4 | 280 | 202 | 813 | 107.2% |
| Netherlands | 79.6 | 86.5 | 2,357 | 395 | 70.6% |
| China | 389 | 29.2 | 176 | 133 | -30.1% |
| France | 12.8 | 23.5 | 24.6 | 76.1 | 81.2% |
| Austria | 1,077 | 326 | 2,485 | 4.1 | -84.4% |
| Others | 128 | 394 | 526 | 749 | 80.2% |
| Total | 4,616 | 2,990 | 7,807 | 5,663 | 7.1% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Ireland in 2022:
- Germany (151.4 tons)
- United Kingdom (150.5 tons)
- Italy (55.1 tons)
- China (20.0 tons)
- Netherlands (16.2 tons)
- France (7.1 tons)
- Austria (0.3 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland
In 2022, exports of machinery; parts of the machinery of heading no. 8425 from Ireland rose notably to 21 tons, growing by 9.2% against 2021 figures. The total export volume increased at an average annual rate of +10.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 44%. As a result, the exports attained the peak of 23 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 reduced markedly to $346K in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 46% against the previous year. As a result, the exports reached the peak of $513K. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Ireland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 290 | 424 | 291 | 226 | -8.0% |
| United States | N/A | 16.6 | 138 | 32.0 | 38.8% |
| Taiwan (Chinese) | N/A | N/A | 3.3 | 30.7 | 830.3% |
| Norway | 42.5 | N/A | 2.6 | 24.9 | -16.3% |
| Others | 18.9 | 72.5 | 52.9 | 32.2 | 19.4% |
| Total | 352 | 513 | 488 | 346 | -0.6% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Ireland in 2022:
- United Kingdom (17.3 tons)
- Norway (2.2 tons)
- Taiwan (Chinese) (0.7 tons)
- United States (0.6 tons)
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