Price for Machines; Parts and Accessories, of Heading No. 8472 in Belarus - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Belarus (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Belarus (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Belarus
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Belarus
Price for Machines; Parts and Accessories, of Heading No. 8472 in Belarus (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $93,486 per ton, declining by -26.7% against the previous year. Overall, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2014 an increase of 14% against the previous year. As a result, import price attained the peak level of $174,795 per ton. From 2015 to 2022, the average 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 Poland ($515,692 per ton), while the price for China ($30,733 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+13.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Belarus (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $37,844 per ton in 2022, with a decrease of -25.3% against the previous year. In general, the export price faced a deep slump. The pace of growth appeared the most rapid in 2019 when the average export price increased by 21% against the previous year. Over the period under review, the average export prices reached the peak figure at $256,780 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Russia.
From 2012 to 2022, the rate of growth in terms of prices for Russia amounted to -14.6% per year.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Belarus
In 2022, overseas purchases of machines; parts and accessories, of heading no. 8472 decreased by -61.6% to 1.1 tons, falling for the second consecutive year after two years of growth. Overall, imports saw a sharp decline. The pace of growth was the most pronounced in 2020 with an increase of 9.1%. As a result, imports attained the peak of 9.3 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced remarkably to $105K in 2022. In general, imports recorded a significant decline. The growth pace was the most rapid in 2020 with an increase of 1.6% against the previous year. As a result, imports attained the peak of $1.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Latvia | 192 | 135 | 61.5 | 61.6 | -31.5% |
| Lithuania | 674 | 391 | 89.7 | 20.7 | -68.7% |
| China | 1.9 | 9.0 | 11.5 | 10.7 | 77.9% |
| Poland | 44.8 | 118 | 4.3 | 6.7 | -46.9% |
| Netherlands | N/A | 71.3 | 1.1 | 3.7 | -77.2% |
| Russia | 154 | 179 | 96.9 | N/A | -20.7% |
| Ukraine | N/A | 166 | 8.5 | N/A | -94.9% |
| Others | 53.0 | 68.5 | 98.7 | 1.5 | -69.5% |
| Total | 1,120 | 1,138 | 372 | 105 | -54.6% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Belarus in 2022:
- Latvia (644.0 kg)
- China (348.0 kg)
- Lithuania (61.0 kg)
- Netherlands (48.0 kg)
- Poland (13.0 kg)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Belarus
In 2022, exports of machines; parts and accessories, of heading no. 8472 from Belarus soared to 1.7 tons, increasing by 966% on 2021 figures. Over the period under review, exports saw a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 1,115%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $64K in 2022. Overall, exports posted a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Belarus (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 12.9 | 1.2 | 2.8 | 63.7 | 70.3% |
| Georgia | 19.3 | N/A | 1.2 | N/A | -75.1% |
| Ukraine | 0.8 | N/A | 2.7 | N/A | 83.7% |
| Others | 0.7 | N/A | 1.3 | N/A | 36.3% |
| Total | 33.7 | 1.2 | 8.0 | 63.7 | 23.6% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Belarus in 2022:
- Russia (1.7 tons)
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