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

Contents:

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

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

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $44,247 per ton, falling by -34.1% against the previous year. Overall, the export price, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 44% against the previous year. Over the period under review, the average export prices reached the peak figure at $67,112 per ton in 2021, and then declined markedly in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($45,358 per ton), while the average price for exports to the Czech Republic ($3,799 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 Austria (+24.6%), while the prices for the other major destinations experienced a decline.

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

The average import price for machines; parts and accessories, of heading no. 8472 stood at $74,258 per ton in 2022, picking up by 3.5% against the previous year. Overall, the import price, however, continues to indicate a perceptible decrease. The most prominent rate of growth was recorded in 2021 an increase of 322% against the previous year. The import price peaked at $118,319 per ton in 2012; however, from 2013 to 2022, 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 the Netherlands ($97,540 per ton), while the price for Italy ($38,726 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+5.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, after two years of decline, there was significant growth in shipments abroad of machines; parts and accessories, of heading no. 8472, when their volume increased by 58% to 319 tons. Over the period under review, exports, however, recorded a pronounced descent.

In value terms, exports of machines; parts and accessories, of heading no. 8472 reached $14M in 2022. Overall, exports, however, continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2021 with an increase of 4.9%.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Romania (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany9.610.513.213.812.9%
Netherlands0.20.10.20.20.0%
Austria5.50.9N/AN/A-83.6%
Czech Republic0.10.1N/AN/A0.0%
Others3.91.30.10.1-70.5%
Total19.512.913.614.1-10.2%

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

  1. Germany (303.6 tons)
  2. Netherlands (9.3 tons)
  3. Czech Republic (5.7 tons)

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

Imports of machines; parts and accessories, of heading no. 8472 into Romania expanded rapidly to 95 tons in 2022, with an increase of 9.1% compared with the year before. Overall, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2020 with an increase of 538% against the previous year. As a result, imports reached the peak of 402 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 expanded remarkably to $7M in 2022. The total import value increased at an average annual rate of +12.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 36%. Imports peaked in 2022 and are likely to continue growth in the near future.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,4011,3662,1742,08214.1%
Netherlands1,1157501,6681,86818.8%
China11671.948873985.4%
Mexico2.9N/A79.0606493.4%
Hungary571389403445-8.0%
Austria2861,23464443615.1%
Czech Republic32.122.049.879.435.2%
Italy5.99.695.176.7135.1%
Ukraine0.62,385N/AN/A397400.0%
Others1,488598639716-21.6%
Total5,0196,8276,2407,04812.0%

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

  1. Germany (21.7 tons)
  2. Netherlands (19.2 tons)
  3. Mexico (13.0 tons)
  4. China (12.1 tons)
  5. Hungary (9.6 tons)
  6. Austria (7.3 tons)
  7. Italy (2.0 tons)
  8. Czech Republic (1.8 tons)

Source: IndexBox Market Intelligence Platform

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