Price for Machines; Parts and Accessories, of Heading No. 8472 in Peru - 2022

Contents:

1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Peru (CIF) - 2022
2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Peru (FOB) - 2022
3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Peru
4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Peru

Price for Machines; Parts and Accessories, of Heading No. 8472 in Peru (CIF) - 2022

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $90,790 per ton, rising by 7.9% against the previous year. Over the period under review, the import price, however, showed a slight setback. The pace of growth appeared the most rapid in 2018 an increase of 10% against the previous year. The import price peaked at $102,525 per ton in 2012; however, from 2013 to 2022, 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 Germany ($183,942 per ton), while the price for Poland ($57,357 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+3.4%), while the prices for the other major suppliers experienced a decline.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Peru (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $63,853 per ton, which is down by -17.7% against the previous year. In general, the export price showed a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 70%. Over the period under review, the average export prices reached the peak figure at $128,949 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Mexico ($259,357 per ton), while the average price for exports to the United States ($33,000 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 Chile (+8.8%), while the prices for the other major destinations experienced a decline.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Peru

In 2022, supplies from abroad of machines; parts and accessories, of heading no. 8472 decreased by -13.4% to 57 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +37.2% against 2019 indices. The pace of growth was the most pronounced in 2021 with an increase of 33% against the previous year. As a result, imports attained the peak of 66 tons, and then shrank in the following year.

In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced to $5.2M in 2022. Over the period under review, total imports indicated a prominent increase from 2019 to 2022: its value increased at an average annual rate of +10.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +36.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 46%. As a result, imports reached the peak of $5.5M, and then dropped in the following year.

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Peru in 2022:

1. China (18.3 tons)
2. Japan (8.6 tons)
3. Italy (7.2 tons)
4. United States (6.4 tons)
5. Germany (4.5 tons)
6. Poland (3.8 tons)
7. India (1.5 tons)
8. Philippines (0.8 tons)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Peru

In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 increased by 23% to 7.7 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a precipitous decrease.

In value terms, exports of machines; parts and accessories, of heading no. 8472 stood at $491K in 2022. In general, exports, however, showed a sharp setback.

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Peru in 2022:

1. Germany (5.5 tons)
2. Bolivia (1.4 tons)
3. Argentina (0.4 tons)
4. Mexico (0.1 tons)
5. Chile (0.1 tons)

Source: IndexBox Market Intelligence Platform