Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (FOB) - 2023
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $6,450 per ton, with an increase of 19% against the previous year. Over the period under review, the import price, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2019 an increase of 19%. The import price peaked at $11,956 per ton in 2013; however, from 2014 to 2022, import prices remained at a 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 Germany ($29,197 per ton), while the price for Slovakia ($2,335 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (FOB) - 2023
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $8,642 per ton in November 2023, waning by -7.5% against the previous month. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in September 2023 when the average export price increased by 56% against the previous month. Over the period under review, the average export prices reached the peak figure at $14,445 per ton in April 2023; however, from May 2023 to November 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($25,502 per ton), while the average price for exports to Kosovo ($2,972 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+10.8%), 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 Slovenia
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Slovenia dropped to 902 tons, declining by -5.7% compared with the year before. The total import volume increased at an average annual rate of +1.0% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 14% against the previous year. As a result, imports reached the peak of 956 tons, and then declined in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 expanded remarkably to $5.8M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +11.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +45.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 29%. Imports peaked in 2022 and are likely to see steady growth in years to come.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,173 | 1,121 | 1,541 | 1,456 | 7.5% |
| Slovakia | 780 | 836 | 1,444 | 1,344 | 19.9% |
| Italy | 934 | 649 | 952 | 1,098 | 5.5% |
| Croatia | 86.3 | 96.8 | 80.2 | 210 | 34.5% |
| China | 35.1 | 123 | 143 | 165 | 67.5% |
| Netherlands | 96.5 | 128 | 182 | 159 | 18.1% |
| India | 154 | 121 | 13.8 | 20.9 | -48.6% |
| Others | 928 | 926 | 819 | 1,363 | 13.7% |
| Total | 4,187 | 4,000 | 5,175 | 5,816 | 11.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Slovenia in 2022:
- Slovakia (575.7 tons)
- Italy (91.0 tons)
- Germany (49.9 tons)
- Netherlands (38.9 tons)
- China (38.9 tons)
- Croatia (32.3 tons)
- India (6.2 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia
For the fourth consecutive year, Slovenia recorded growth in shipments abroad of machinery; parts of the machinery of heading no. 8425, which increased by 9.1% to 717 tons in 2022. Over the period under review, exports recorded significant growth. The pace of growth was the most pronounced in 2020 when exports increased by 102% against the previous year. Over the period under review, the exports 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, exports of machinery; parts of the machinery of heading no. 8425 reduced slightly to $5.5M in 2022. Overall, exports recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 152%.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Slovenia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 720 | 849 | 1,890 | 2,244 | 46.1% |
| Spain | 6.4 | 466 | 681 | 1,197 | 471.9% |
| Austria | 228 | 357 | 520 | 631 | 40.4% |
| Serbia | 16.7 | 22.1 | 57.3 | 208 | 131.8% |
| Italy | 95.7 | 123 | 113 | 179 | 23.2% |
| France | 85.6 | 93.5 | 103 | 150 | 20.6% |
| Slovakia | 21.0 | 84.1 | 98.5 | 129 | 83.1% |
| Bosnia and Herzegovina | 92.0 | 2,051 | 1,579 | 24.7 | -35.5% |
| Others | 582 | 601 | 614 | 731 | 7.9% |
| Total | 1,847 | 4,647 | 5,656 | 5,495 | 43.8% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Slovenia in 2022:
- Germany (410.0 tons)
- Spain (116.2 tons)
- Austria (43.3 tons)
- Serbia (38.7 tons)
- Slovakia (35.2 tons)
- Italy (22.9 tons)
- France (13.3 tons)
- Bosnia and Herzegovina (2.3 tons)
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