Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany - 2023

Contents:

1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany (FOB) - 2023
2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany (CIF) - 2023
3. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany
4. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany (FOB) - 2023

The average export price for machines and mechanical appliances; parts, of those having individual functionses stood at $43,994 per ton in December 2023, growing by 20% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +2.0%. 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 China ($67,315 per ton), while the average price for exports to the Czech Republic ($15,075 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany (CIF) - 2023

The average import price for machines and mechanical appliances; parts, of those having individual functionses stood at $15,633 per ton in December 2023, waning by -3.3% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in March 2023 an increase of 11% m-o-m. The import price peaked at $16,171 per ton in November 2023, and then contracted in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($60,344 per ton), while the price for Croatia ($4,533 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by China (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany

In 2022, exports of machines and mechanical appliances; parts, of those having individual functionses from Germany fell slightly to 109K tons, flattening at the year before. Over the period under review, exports, however, saw a modest increase. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, the exports attained the peak of 110K tons, leveling off in the following year.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses fell to $3.4B in 2022. The total export value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of $3.7B, and then dropped in the following year.

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Germany in 2022:

1. United States (16.0K tons)
2. Czech Republic (10.3K tons)
3. China (7.6K tons)
4. France (6.8K tons)
5. Poland (5.6K tons)
6. Italy (4.8K tons)
7. United Kingdom (4.5K tons)
8. Switzerland (3.6K tons)
9. Austria (3.5K tons)
10. Sweden (3.3K tons)
11. Netherlands (3.2K tons)
12. Belgium (3.1K tons)
13. Slovakia (3.0K tons)

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Germany

In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses imported into Germany rose remarkably to 136K tons, growing by 5.5% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.0% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2021 with an increase of 12% against the previous year. Over the period under review, imports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses rose slightly to $2B in 2022. The total import value increased at an average annual rate of +6.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 18%. Over the period under review, imports of reached the maximum in 2022 and are expected to retain growth in the immediate term.

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Germany in 2022:

1. Czech Republic (23.6K tons)
2. China (22.6K tons)
3. Poland (19.9K tons)
4. Italy (9.2K tons)
5. Turkey (6.5K tons)
6. Hungary (6.1K tons)
7. Austria (5.6K tons)
8. Switzerland (5.5K tons)
9. Netherlands (4.6K tons)
10. Belgium (3.0K tons)
11. Romania (2.7K tons)
12. United States (2.3K tons)
13. Spain (2.3K tons)

Source: IndexBox Market Intelligence Platform