Price for Machinery; Parts of the Machinery of Heading No. 8427 in Greece - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Greece (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Greece (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Greece
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Greece
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Greece (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $13,589 per ton, rising by 1.8% against the previous year. In general, the import price, however, continues to indicate a pronounced descent. The growth pace was the most rapid in 2021 when the average import price increased by 42% against the previous year. The import price peaked at $18,520 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($20,915 per ton), while the price for Poland ($4,499 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 (+5.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Greece (FOB) - 2022
The average export price for machinery; parts of the machinery of heading no. 8427 stood at $8,901 per ton in 2022, reducing by -9.7% against the previous year. In general, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2019 when the average export price increased by 81% against the previous year. Over the period under review, the average export prices attained the maximum at $11,796 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Bulgaria ($48,455 per ton), while the average price for exports to Romania ($3,505 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 Nigeria (+25.6%), 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 Greece
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Greece totaled 855 tons, remaining constant against the previous year's figure. Over the period under review, imports, however, showed a perceptible shrinkage. The growth pace was the most rapid in 2020 when imports increased by 7.7%. As a result, imports reached the peak of 993 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 rose modestly to $12M in 2022. The total import value increased at an average annual rate of +7.4% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 reached the maximum in 2022 and are expected to retain growth in years to come.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.9 | 2.6 | 3.3 | 3.7 | 8.5% |
| Belgium | 2.7 | 2.7 | 3.1 | 3.5 | 9.0% |
| Sweden | 1.4 | 1.8 | 2.7 | 1.7 | 6.7% |
| Italy | 0.8 | 0.8 | 0.8 | 1.0 | 7.7% |
| China | 0.3 | 0.4 | 0.4 | 0.5 | 18.6% |
| Netherlands | 0.3 | 0.5 | 0.4 | 0.4 | 10.1% |
| Poland | N/A | 0.1 | 0.1 | 0.3 | 73.2% |
| Czech Republic | 0.3 | N/A | N/A | 0.1 | -30.7% |
| Others | 0.6 | 0.5 | 0.5 | 0.5 | -5.9% |
| Total | 9.4 | 9.3 | 11.4 | 11.6 | 7.3% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Greece in 2022:
- Germany (223.1 tons)
- Belgium (169.1 tons)
- Sweden (138.7 tons)
- China (90.0 tons)
- Italy (78.4 tons)
- Poland (57.0 tons)
- Netherlands (39.7 tons)
- Czech Republic (10.3 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Greece
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 exported from Greece reduced to 27 tons, which is down by -9% on 2021. Overall, exports saw a abrupt slump. The pace of growth was the most pronounced in 2021 when exports increased by 0.7%.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 declined sharply to $242K in 2022. In general, exports faced a abrupt shrinkage. The growth pace was the most rapid in 2020 with an increase of 0.2%. As a result, the exports attained the peak of $338K. 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. 8427 in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Cyprus | 139 | 77.4 | 83.7 | 77.7 | -17.6% |
| Germany | 25.3 | 50.3 | 71.0 | 50.7 | 26.1% |
| Italy | 14.5 | 13.4 | 18.9 | 37.3 | 37.0% |
| Bulgaria | 17.9 | 44.4 | 27.3 | 22.9 | 8.6% |
| Albania | 61.8 | 30.8 | 23.7 | 21.7 | -29.5% |
| Belgium | 20.3 | 56.6 | 10.9 | 14.8 | -10.0% |
| Romania | 1.7 | 4.6 | 0.6 | 5.2 | 45.2% |
| North Macedonia | 35.9 | 12.2 | 17.9 | N/A | -29.4% |
| Others | 21.0 | 48.5 | 40.0 | 11.2 | -18.9% |
| Total | 337 | 338 | 294 | 242 | -10.5% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Greece in 2022:
- Cyprus (16.6 tons)
- Germany (4.4 tons)
- Albania (2.4 tons)
- Romania (1.5 tons)
- Italy (1.2 tons)
- Bulgaria (0.5 tons)
- Belgium (0.2 tons)
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