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

Contents:

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

Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Czech Republic (FOB) - 2023

In October 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $7,688 per ton, surging by 5% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 16% month-to-month. The export price peaked at $8,253 per ton in May 2023; however, from June 2023 to October 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Poland ($11,771 per ton), while the average price for exports to the Netherlands ($4,277 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 Germany (+1.6%), 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 the Czech Republic (CIF) - 2023

The average import price for machinery; parts of the machinery of heading no. 8427 stood at $7,829 per ton in October 2023, standing approximately at the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 when the average import price increased by 21% month-to-month. As a result, import price reached the peak level of $8,078 per ton. From January 2023 to October 2023, the average 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 France ($9,307 per ton), while the price for China ($4,643 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 Poland (+2.3%), 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 the Czech Republic

In 2022, the amount of machinery; parts of the machinery of heading no. 8427 exported from the Czech Republic declined to 58K tons, waning by -6.1% against the year before. In general, exports recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 7.7%.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 amounted to $392M in 2022. Over the period under review, exports saw a mild downturn. The pace of growth was the most pronounced in 2021 when exports increased by 20%.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany284217237229-6.9%
Netherlands28.518.925.135.27.3%
Poland17.014.122.527.116.8%
Italy25.718.627.524.5-1.6%
United Kingdom15.414.217.216.01.3%
Finland8.16.17.37.1-4.3%
France3.82.84.45.412.4%
Others33.828.343.347.712.2%
Total416320385392-2.0%

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

  1. Germany (37.2K tons)
  2. Netherlands (8.9K tons)
  3. Italy (2.5K tons)
  4. Poland (2.1K tons)
  5. United Kingdom (1.5K tons)
  6. Finland (0.9K tons)
  7. France (0.9K tons)

Imports of Machinery; Parts of the Machinery of Heading No. 8427 in the Czech Republic

For the third year in a row, the Czech Republic recorded decline in supplies from abroad of machinery; parts of the machinery of heading no. 8427, which decreased by -0.8% to 31K tons in 2022. Over the period under review, imports showed a abrupt decrease.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 declined slightly to $227M in 2022. Overall, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports attained the peak of $232M, and then dropped modestly in the following year.

Import of Machinery; Parts of the Machinery of Heading No. 8427 in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany166125149141-5.3%
Poland10.511.516.320.725.4%
France7.813.817.315.224.9%
Italy7.46.19.59.06.7%
Netherlands5.75.87.37.59.6%
Austria3.58.99.27.126.6%
Belgium4.93.84.44.90.0%
China2.21.63.24.627.9%
Turkey4.12.63.52.7-13.0%
Others18.69.411.414.6-7.8%
Total230189232227-0.4%

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

  1. Germany (18.1K tons)
  2. Poland (4.8K tons)
  3. France (1.5K tons)
  4. Italy (1.1K tons)
  5. China (1.1K tons)
  6. Netherlands (0.9K tons)
  7. Turkey (0.7K tons)
  8. Austria (0.7K tons)
  9. Belgium (0.6K tons)

Source: IndexBox Market Intelligence Platform

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