Price for Machinery; Parts of the Machinery of Heading No. 8427 in Brazil - 2024
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $5,729 per ton, with an increase of 2.3% against the previous year. In general, the import price, however, saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2020 an increase of 3.4% against the previous year. The import price peaked at $8,131 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($18,046 per ton), while the price for India ($2,227 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $12,439 per ton, which is down by -1.7% against the previous year. Over the period under review, export price indicated a remarkable increase from 2012 to 2022: its price increased at an average annual rate of +6.2% 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 the machinery of heading no. 8427 increased by +2.7% against 2020 indices. The growth pace was the most rapid in 2018 an increase of 35% against the previous year. Over the period under review, the average export prices hit record highs at $13,102 per ton in 2019; however, from 2020 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 ($22,849 per ton), while the average price for exports to Argentina ($6,860 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 the United States (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil
In 2022, approx. 13K tons of machinery; parts of the machinery of heading no. 8427 were imported into Brazil; surging by 14% on the year before. Over the period under review, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +14.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +90.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 68% against the previous year. Imports peaked 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. 8427 skyrocketed to $73M in 2022. In general, imports showed buoyant growth. The growth pace was the most rapid in 2021 when imports increased by 67%. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.3 | 8.9 | 14.0 | 14.4 | 11.8% |
| China | 7.6 | 5.2 | 9.5 | 14.2 | 23.2% |
| United States | 6.3 | 4.8 | 7.1 | 9.0 | 12.6% |
| United Kingdom | 2.7 | 1.9 | 5.9 | 6.3 | 32.6% |
| Italy | 5.4 | 4.5 | 6.9 | 6.0 | 3.6% |
| Vietnam | 1.7 | 2.0 | 2.6 | 5.0 | 43.3% |
| Japan | 1.8 | 1.2 | 2.9 | 3.8 | 28.3% |
| Czech Republic | 3.0 | 2.5 | 2.8 | 2.9 | -1.1% |
| India | 0.2 | 0.2 | 1.0 | 1.6 | 100.0% |
| Others | 7.3 | 6.2 | 10.1 | 9.7 | 9.9% |
| Total | 46.4 | 37.5 | 62.7 | 72.9 | 16.3% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Brazil in 2022:
- China (3.5K tons)
- Germany (2.7K tons)
- United States (1.4K tons)
- United Kingdom (1.3K tons)
- Vietnam (0.8K tons)
- India (0.7K tons)
- Czech Republic (0.5K tons)
- Japan (0.5K tons)
- Italy (0.3K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil
In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Brazil soared to 304 tons, growing by 20% on the previous year. Overall, total exports indicated pronounced growth from 2019 to 2022: its volume increased at an average annual rate of +4.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.6% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 32% against the previous year. Over the period under review, the exports of machinery; parts of machinery of heading no. 8427 reached the maximum 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. 8427 skyrocketed to $3.8M in 2022. Over the period under review, total exports indicated a pronounced increase from 2019 to 2022: its value increased at an average annual rate of +3.1% 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 +62.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 38% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Brazil (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | 412 | 469 | 568 | 717 | 20.3% |
| Peru | 410 | 42.6 | 88.8 | 668 | 17.7% |
| Chile | 116 | 114 | 131 | 614 | 74.3% |
| Uruguay | 289 | 99.7 | 110 | 606 | 28.0% |
| United States | 960 | 718 | 1,077 | 501 | -19.5% |
| Colombia | 181 | 227 | 506 | 160 | -4.0% |
| Italy | 2.1 | 8.8 | 0.6 | 84.3 | 242.4% |
| Bolivia | 171 | 65.0 | 59.0 | 38.5 | -39.2% |
| Canada | 256 | 0.1 | N/A | 0.2 | -90.8% |
| Others | 648 | 573 | 665 | 387 | -15.8% |
| Total | 3,444 | 2,317 | 3,205 | 3,776 | 3.1% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Brazil in 2022:
- Argentina (104.5 tons)
- Uruguay (60.8 tons)
- Peru (34.5 tons)
- Chile (34.0 tons)
- United States (21.9 tons)
- Colombia (17.6 tons)
- Italy (9.4 tons)
- Bolivia (2.2 tons)
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