Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine (FOB) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine (CIF) - 2022
  3. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine
  4. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $5,561 per ton, rising by 21% against the previous year. In general, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 77%. Over the period under review, the average export prices hit record highs at $5,907 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Lithuania ($6,272 per ton), while the average price for exports to Serbia ($1,350 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 Turkmenistan (-0.9%), while the prices for the other major destinations experienced a decline.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $20,956 per ton, rising by 126% against the previous year. Overall, the import price continues to indicate resilient growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($88,417 per ton), while the price for China ($4,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine

In 2022, shipments abroad of machinery; parts of the machinery of heading no. 8425 decreased by -66.3% to 133 tons, falling for the second consecutive year after two years of growth. In general, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when exports increased by 85%. As a result, the exports attained the peak of 470 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 dropped remarkably to $740K in 2022. Over the period under review, exports saw a significant contraction. The growth pace was the most rapid in 2020 with an increase of 82% against the previous year. As a result, the exports attained the peak of $2.6M. 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 Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania8.12.31.4502295.7%
Russia6292,4001,306123-42.0%
Denmark11.310920.08.2-10.1%
SerbiaN/AN/AN/A7.50%
Kazakhstan2.535.22354.218.9%
Belarus17.919.68.3N/A-31.9%
Turkmenistan112N/AN/AN/A0%
NetherlandsN/A35.046.5N/A32.9%
Others67541.619395.5-47.9%
Total1,4552,6431,810740-20.2%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Ukraine in 2022:

  1. Lithuania (80.0 tons)
  2. Russia (43.1 tons)
  3. Serbia (5.6 tons)
  4. Denmark (1.4 tons)
  5. Kazakhstan (1.0 tons)

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine

For the third consecutive year, Ukraine recorded decline in purchases abroad of machinery; parts of the machinery of heading no. 8425, which decreased by -43.5% to 28 tons in 2022. Overall, imports faced a dramatic descent. The smallest decline of -26.4% was in 2021.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $595K in 2022. Over the period under review, imports showed a dramatic slump.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States2155.059.936919.7%
China79.487.883.174.3-2.2%
Bulgaria88.087.255.165.9-9.2%
Germany10839.463.544.4-25.6%
Italy30.136.145.711.8-26.8%
Belarus49237.22.10.2-92.6%
Russia60.910.74.6N/A-72.5%
Malaysia1,590N/AN/AN/A0%
IndiaN/A25.210.9N/A-56.7%
Others17513714228.7-45.3%
Total2,838465466595-40.6%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Ukraine in 2022:

  1. China (15.2 tons)
  2. Bulgaria (5.2 tons)
  3. United States (4.2 tons)
  4. Germany (1.4 tons)
  5. Italy (1.2 tons)

Source: IndexBox Market Intelligence Platform

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