Price for Machinery; Parts of the Machinery of Heading No. 8427 in France - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8427 in France (CIF) - 2023
  2. Price for Machinery; Parts of the Machinery of Heading No. 8427 in France (FOB) - 2023
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8427 in France
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8427 in France

Price for Machinery; Parts of the Machinery of Heading No. 8427 in France (CIF) - 2023

In October 2023, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $2,758 per ton, declining by -61.4% against the previous month. In general, the import price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 12% month-to-month. As a result, import price attained the peak level of $7,545 per ton. From July 2023 to October 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($6,870 per ton), while the price for China ($1,643 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Belgium (+2.1%), 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 France (FOB) - 2023

In October 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $17,333 per ton, surging by 81% against the previous month. Overall, export price indicated buoyant growth from October 2022 to October 2023: its price increased at an average monthly rate of +8.1% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, export price for machinery; parts of the machinery of heading no. 8427 increased by +99.5% against July 2023 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of destination: the country with the highest price was South Africa ($36,461 per ton), while the average price for exports to Serbia ($5,701 per ton) was amongst the lowest.

From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.7%), 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 France

Imports of machinery; parts of the machinery of heading no. 8427 into France expanded rapidly to 85K tons in 2022, increasing by 8.8% against 2021 figures. In general, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 23%. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 declined to $575M in 2022. Over the period under review, imports, however, showed a mild descent. The pace of growth was the most pronounced in 2021 when imports increased by 26%. As a result, imports attained the peak of $607M, and then fell in the following year.

Import of Machinery; Parts of the Machinery of Heading No. 8427 in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium159116186137-4.8%
Germany109105124104-1.6%
Italy99.671.390.499.4-0.1%
Sweden44.541.436.775.219.1%
Netherlands46.339.740.128.4-15.0%
China23.312.816.226.03.7%
Poland15.419.423.021.311.4%
Czech Republic28.717.724.518.2-14.1%
Japan16.012.615.216.40.8%
Others53.546.551.149.3-2.7%
Total595483607575-1.1%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to France in 2022:

  1. Belgium (16.9K tons)
  2. Italy (16.3K tons)
  3. China (13.5K tons)
  4. Germany (10.9K tons)
  5. Sweden (8.3K tons)
  6. Poland (5.8K tons)
  7. Netherlands (3.1K tons)
  8. Japan (2.1K tons)
  9. Czech Republic (2.0K tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8427 in France

Exports of machinery; parts of the machinery of heading no. 8427 from France stood at 21K tons in 2022, rising by 5.8% on the previous year's figure. The total export volume increased at an average annual rate of +1.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 shrank modestly to $180M in 2022. Over the period under review, exports, however, saw a slight shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 9.2%. As a result, the exports attained the peak of $187M, and then dropped modestly in the following year.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in France (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany31.625.130.832.30.7%
Italy17.315.217.923.010.0%
Belgium17.118.227.421.88.4%
United States17.612.013.511.9-12.2%
Sweden4.85.55.56.912.9%
Poland8.06.68.16.8-5.3%
Czech Republic6.18.48.56.73.2%
Netherlands8.37.510.46.1-9.8%
Spain5.29.66.05.94.3%
Singapore5.95.56.25.2-4.1%
Romania1.61.52.03.529.8%
United Kingdom11.811.32.72.7-38.8%
Portugal1.81.21.71.4-8.0%
Others49.543.946.845.9-2.5%
Total186172187180-1.1%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from France in 2022:

  1. Italy (3.9K tons)
  2. Germany (3.2K tons)
  3. Belgium (3.1K tons)
  4. Czech Republic (1.5K tons)
  5. Poland (1.3K tons)
  6. United States (1.2K tons)
  7. Netherlands (1.2K tons)
  8. Spain (0.9K tons)
  9. Sweden (0.5K tons)
  10. Singapore (0.4K tons)
  11. Romania (0.3K tons)
  12. Portugal (0.3K tons)
  13. United Kingdom (0.3K tons)

Source: IndexBox Market Intelligence Platform

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