Price for Machinery; Parts of the Machinery of Heading No. 8427 in Poland - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Poland (FOB) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Poland (CIF) - 2023
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Poland
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Poland
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Poland (FOB) - 2023
In October 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $14,882 per ton, jumping by 210% against the previous month. Overall, the export price showed a resilient increase. As a result, the export price reached 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 the United States ($17,937 per ton), while the average price for exports to Uzbekistan ($1,176 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 the UK (+5.0%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Poland (CIF) - 2023
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $4,273 per ton in October 2023, shrinking by -27.1% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in January 2023 an increase of 22% m-o-m. The import price peaked at $6,623 per ton in February 2023; however, from March 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Malaysia ($8,010 per ton), while the price for China ($3,603 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 China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Poland
In 2022, shipments abroad of machinery; parts of the machinery of heading no. 8427 was finally on the rise to reach 53K tons after two years of decline. Over the period under review, exports, however, saw a pronounced downturn.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 skyrocketed to $251M in 2022. The total export value increased at an average annual rate of +11.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 95.7 | 68.3 | 79.0 | 87.5 | -2.9% |
| Czech Republic | 16.3 | 32.4 | 28.1 | 53.3 | 48.4% |
| Sweden | 14.6 | 34.2 | 25.3 | 32.9 | 31.1% |
| United States | 16.2 | 15.1 | 19.0 | 22.1 | 10.9% |
| France | 13.9 | 16.4 | 16.0 | 17.5 | 8.0% |
| Ireland | 9.1 | 4.6 | 8.9 | 9.3 | 0.7% |
| Italy | 5.5 | 4.2 | 6.9 | 8.5 | 15.6% |
| Spain | 1.9 | 1.6 | 2.3 | 5.5 | 42.5% |
| Finland | 0.6 | 0.6 | 0.7 | 4.2 | 91.3% |
| Others | 9.7 | 9.6 | 10.4 | 10.5 | 2.7% |
| Total | 184 | 187 | 197 | 251 | 10.9% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Poland in 2022:
- Germany (28.6K tons)
- Czech Republic (7.1K tons)
- Spain (3.7K tons)
- France (2.8K tons)
- Sweden (2.4K tons)
- Ireland (2.1K tons)
- Italy (1.9K tons)
- Finland (1.9K tons)
- United States (1.4K tons)
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Poland
In 2022, approx. 26K tons of machinery; parts of the machinery of heading no. 8427 were imported into Poland; growing by 20% on 2021 figures. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 31%. Over the period under review, imports of machinery; parts of machinery of heading no. 8427 attained the peak figure 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 rose slightly to $124M in 2022. In general, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +17.0% 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 +60.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 55% against the previous year. 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 Poland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.0 | 27.1 | 36.2 | 44.5 | 14.0% |
| China | 9.8 | 6.0 | 12.1 | 18.1 | 22.7% |
| Belgium | 9.9 | 13.3 | 15.3 | 16.0 | 17.4% |
| Czech Republic | 2.4 | 12.6 | 9.6 | 8.8 | 54.2% |
| Italy | 5.9 | 5.8 | 7.5 | 8.0 | 10.7% |
| France | 5.2 | 6.8 | 6.5 | 7.4 | 12.5% |
| United Kingdom | 0.7 | 4.1 | 2.1 | 5.8 | 102.4% |
| India | 0.8 | 1.6 | 2.8 | 3.8 | 68.1% |
| Malaysia | 1.7 | 0.4 | 1.4 | 3.0 | 20.8% |
| Sweden | 5.2 | 16.0 | 11.9 | 1.8 | -29.8% |
| Others | 6.1 | 26.7 | 16.5 | 6.9 | 4.2% |
| Total | 77.6 | 120 | 122 | 124 | 16.9% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Poland in 2022:
- China (10.4K tons)
- Germany (9.7K tons)
- India (1.0K tons)
- Czech Republic (0.9K tons)
- Belgium (0.8K tons)
- Italy (0.7K tons)
- France (0.5K tons)
- United Kingdom (0.5K tons)
- Malaysia (0.4K tons)
- Sweden (0.2K tons)
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