Price for Machines; Parts and Accessories, of Heading No. 8472 in Hungary - 2023
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Hungary (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Hungary (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Hungary
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Hungary
Price for Machines; Parts and Accessories, of Heading No. 8472 in Hungary (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $32,882 per ton, picking up by 25% against the previous year. Over the period under review, the import price posted a prominent increase. The pace of growth appeared the most rapid in 2021 an increase of 48% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.
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 the UK ($125,222 per ton), while the price for the Netherlands ($6,570 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+20.8%), 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 Hungary (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $54,930 per ton in 2022, growing by 129% against the previous year. Over the period under review, the export price posted temperate growth. The export price peaked at $64,531 per ton in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($319,583 per ton), while the average price for exports to Zambia ($9,702 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 Belgium (+29.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Hungary
For the third consecutive year, Hungary recorded decline in supplies from abroad of machines; parts and accessories, of heading no. 8472, which decreased by -33.9% to 3.2K tons in 2022. Overall, imports saw a dramatic descent.
In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced rapidly to $105M in 2022. Over the period under review, imports showed a precipitous curtailment. The smallest decline of -6.7% was in 2021.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 62.5 | 51.0 | 55.7 | 47.2 | -8.9% |
| India | 41.1 | 21.7 | 23.5 | 20.7 | -20.4% |
| China | 21.8 | 17.1 | 17.5 | 13.2 | -15.4% |
| Germany | 20.2 | 12.3 | 11.1 | 10.0 | -20.9% |
| Netherlands | 39.0 | 16.0 | 6.0 | 2.9 | -57.9% |
| Slovakia | 1.3 | 1.1 | 1.1 | 1.4 | 2.5% |
| Italy | 1.1 | 0.7 | 1.1 | 1.0 | -3.1% |
| Others | 58.2 | 16.9 | 11.6 | 8.9 | -46.5% |
| Total | 245 | 137 | 128 | 105 | -24.6% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Hungary in 2022:
- Philippines (976.2 tons)
- India (616.3 tons)
- China (526.6 tons)
- Netherlands (439.6 tons)
- Germany (280.8 tons)
- Slovakia (167.0 tons)
- Italy (59.7 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Hungary
In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by -68.8% to 935 tons for the first time since 2018, thus ending a three-year rising trend. In general, exports showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 when exports increased by 7.1%. As a result, the exports reached the peak of 3K tons, and then contracted notably in the following year.
In value terms, exports of machines; parts and accessories, of heading no. 8472 reduced markedly to $51M in 2022. Overall, exports recorded a dramatic setback. The smallest decline of -11.8% was in 2021.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Hungary (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 43.4 | 27.7 | 27.3 | 25.1 | -16.7% |
| India | 5.5 | 4.0 | 6.5 | 4.8 | -4.4% |
| Netherlands | 12.2 | 11.8 | 16.5 | 3.5 | -34.0% |
| United States | 7.9 | 6.0 | 4.1 | 3.1 | -26.8% |
| Egypt | 0.9 | 0.9 | 3.3 | 2.5 | 40.6% |
| Portugal | N/A | N/A | 0.1 | 2.0 | 1900.0% |
| Poland | 5.3 | 7.8 | 0.7 | 0.9 | -44.6% |
| Zambia | N/A | N/A | N/A | 0.4 | 0% |
| Others | 32.7 | 23.4 | 13.4 | 9.0 | -35.0% |
| Total | 108 | 81.6 | 72.0 | 51.3 | -22.0% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Hungary in 2022:
- Germany (353.9 tons)
- Netherlands (242.4 tons)
- India (68.6 tons)
- Zambia (46.3 tons)
- United States (38.6 tons)
- Egypt (33.6 tons)
- Portugal (14.4 tons)
- Poland (9.7 tons)
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This report provides an in-depth analysis of the computing machinery market in Hungary.
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This report provides an in-depth analysis of the global computing machinery market.
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