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

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine

Price for Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine (CIF) - 2022

In 2022, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $7,805 per ton, surging by 6.6% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 41% against the previous year. As a result, import price attained the peak level of $9,047 per ton. From 2015 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Sweden ($17,390 per ton), while the price for China ($2,982 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.7%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $3,318 per ton, which is down by -15.2% against the previous year. In general, the export price recorded a pronounced shrinkage. The pace of growth was the most pronounced in 2013 when the average export price increased by 12%. As a result, the export price reached the peak level of $6,126 per ton. From 2014 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($6,469 per ton), while the average price for exports to Italy ($1,865 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 Russia (+11.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine

In 2022, imports of machinery; parts of the machinery of heading no. 8427 into Ukraine dropped sharply to 364 tons, shrinking by -46.4% on the previous year. Over the period under review, imports recorded a abrupt descent. The pace of growth was the most pronounced in 2021 with an increase of 26%. As a result, imports attained the peak of 680 tons, and then contracted remarkably in the following year.

In value terms, imports of machinery; parts of the machinery of heading no. 8427 reduced markedly to $2.8M in 2022. In general, imports saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 34% against the previous year. As a result, imports reached the peak of $5M, and then declined notably in the following year.

Import of Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2,3371,8202,3531,441-14.9%
China2986425133040.7%
Italy544484554254-22.4%
Belgium77.354.711014122.2%
Poland1231612591312.1%
United Kingdom85.911816412613.6%
France91.259.617951.1-17.6%
Sweden19218670.442.8-39.4%
Slovakia1649.620.416.7-53.3%
Others372181752335-3.4%
Total4,2843,7174,9752,842-12.8%

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

  1. Germany (114.4 tons)
  2. China (101.9 tons)
  3. Italy (42.6 tons)
  4. United Kingdom (23.9 tons)
  5. Poland (18.8 tons)
  6. Belgium (13.4 tons)
  7. France (9.8 tons)
  8. Slovakia (3.2 tons)
  9. Sweden (2.5 tons)

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

In 2022, after three years of growth, there was significant decline in overseas shipments of machinery; parts of the machinery of heading no. 8427, when their volume decreased by -30.7% to 288 tons. Overall, exports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. As a result, the exports reached the peak of 415 tons, and then declined remarkably in the following year.

In value terms, exports of machinery; parts of the machinery of heading no. 8427 plummeted to $955K in 2022. In general, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. As a result, the exports reached the peak of $1.6M, and then fell remarkably in the following year.

Export of Machinery; Parts of the Machinery of Heading No. 8427 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany8829051,194790-3.6%
Netherlands10711015753.9-20.4%
Moldova16.891.315045.239.1%
Italy33.024.03.625.1-8.7%
Poland16.95.96.92.5-47.1%
Others12977.611537.6-33.7%
Total1,1851,2141,627955-6.9%

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

  1. Germany (254.5 tons)
  2. Italy (13.4 tons)
  3. Moldova (8.1 tons)
  4. Netherlands (3.7 tons)
  5. Poland (1.7 tons)

Source: IndexBox Market Intelligence Platform

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