Price for Machines; Parts and Accessories, of Heading No. 8472 in Poland - 2023

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Poland (CIF) - 2023
  2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Poland (FOB) - 2022
  3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Poland
  4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Poland

Price for Machines; Parts and Accessories, of Heading No. 8472 in Poland (CIF) - 2023

In November 2023, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $48,087 per ton, reducing by -12.1% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in February 2023 when the average import price increased by 124% month-to-month. The import price peaked at $95,933 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the UK ($103K per ton), while the price for Switzerland ($22,833 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+15.1%), 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 Poland (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $33,140 per ton, declining by -34.9% against the previous year. In general, the export price continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by 26%. The export price peaked at $77,772 per ton in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($107,753 per ton), while the average price for exports to China ($19,026 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 China (+19.8%), 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 Poland

Imports of machines; parts and accessories, of heading no. 8472 into Poland declined to 296 tons in 2022, with a decrease of -10% compared with 2021 figures. Overall, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 7.4%.

In value terms, imports of machines; parts and accessories, of heading no. 8472 soared to $19M in 2022. The total import value increased at an average annual rate of +8.8% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.910.410.46.752.2%
Hungary1.23.50.85.364.1%
China7.00.51.24.1-16.3%
Sweden0.20.30.21.176.5%
Netherlands0.40.60.20.614.5%
United Kingdom1.21.20.40.2-45.0%
Others3.21.11.91.4-24.1%
Total15.117.515.119.48.7%

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

  1. China (96.3 tons)
  2. Germany (88.3 tons)
  3. Hungary (72.2 tons)
  4. Netherlands (9.6 tons)
  5. Sweden (9.5 tons)
  6. United Kingdom (1.4 tons)

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

For the fourth consecutive year, Poland recorded growth in overseas shipments of machines; parts and accessories, of heading no. 8472, which increased by 57% to 443 tons in 2022. Overall, exports showed significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 86%. Over the period under review, the exports of reached the peak figure 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 rose modestly to $15M in 2022. Over the period under review, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. The exports peaked in 2022 and are likely to see steady growth in years to come.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Poland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1.23.06.03.948.1%
United States0.81.51.12.953.6%
Hong Kong SAR0.60.40.22.356.5%
ChinaN/AN/A0.11.41300.0%
Austria0.21.21.71.071.0%
Ukraine0.80.72.90.7-4.4%
France1.50.80.40.3-41.5%
United Kingdom0.40.30.10.1-37.0%
Others3.23.02.02.1-13.1%
Total8.710.914.414.719.1%

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

  1. Germany (160.2 tons)
  2. United States (127.8 tons)
  3. China (71.1 tons)
  4. Hong Kong SAR (23.3 tons)
  5. Ukraine (12.3 tons)
  6. Austria (9.4 tons)
  7. France (5.0 tons)
  8. United Kingdom (2.8 tons)

Source: IndexBox Market Intelligence Platform

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