Price for Machines; Parts and Accessories, of Heading No. 8472 in Switzerland - 2024

Contents:

  1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Switzerland (FOB) - 2022
  2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Switzerland (CIF) - 2024
  3. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Switzerland
  4. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Switzerland

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

The average export price for machines; parts and accessories, of heading no. 8472 stood at $172,086 per ton in 2022, falling by -4.4% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 an increase of 18%. The export price peaked at $202,077 per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($555,545 per ton), while the average price for exports to Portugal ($17,219 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 (+21.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Switzerland (CIF) - 2024

In December 2023, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $132K per ton, shrinking by -23.3% against the previous month. Over the period under review, import price indicated a modest expansion from January 2023 to December 2023: its price increased at an average monthly rate of +1.3% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for machines; parts and accessories, of heading no. 8472 increased by +14.3% against October 2023 indices. The pace of growth was the most pronounced in April 2023 an increase of 131% month-to-month. As a result, import price reached the peak level of $175K per ton. From May 2023 to December 2023, the average import prices failed to regain momentum.

Prices varied noticeably by the country of origin: the country with the highest price was Japan ($204K per ton), while the price for Poland ($30,777 per ton) was amongst the lowest.

From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+8.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, overseas shipments of machines; parts and accessories, of heading no. 8472 increased by 36% to 98 tons in 2022. In general, exports, however, showed a relatively flat trend pattern.

In value terms, exports of machines; parts and accessories, of heading no. 8472 surged to $17M in 2022. The total export value increased at an average annual rate of +3.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany4.87.95.38.922.9%
United States2.92.72.83.34.4%
Hungary1.51.01.51.1-9.8%
Netherlands0.81.00.30.7-4.4%
Japan0.80.70.60.5-14.5%
Italy0.40.30.30.40.0%
Spain0.40.20.20.2-20.6%
Portugal0.10.1N/AN/A0.0%
Others3.52.92.01.8-19.9%
Total15.216.813.016.93.6%

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

  1. Germany (36.8 tons)
  2. Hungary (22.8 tons)
  3. Netherlands (11.0 tons)
  4. United States (9.8 tons)
  5. Italy (5.4 tons)
  6. Spain (2.7 tons)
  7. Portugal (2.5 tons)
  8. Japan (1.2 tons)

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

In 2022, imports of machines; parts and accessories, of heading no. 8472 into Switzerland soared to 112 tons, growing by 23% compared with the previous year's figure. Overall, imports, however, recorded a perceptible decrease.

In value terms, imports of machines; parts and accessories, of heading no. 8472 stood at $14M in 2022. In general, imports, however, faced a abrupt downturn.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Switzerland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany10.27.96.76.4-14.4%
Japan0.90.42.23.049.4%
China1.82.11.61.1-15.1%
Netherlands1.41.20.71.0-10.6%
Italy0.10.30.30.344.2%
Austria0.90.80.30.3-30.7%
Philippines0.20.1N/A0.20.0%
United States0.30.30.20.2-12.6%
Portugal0.10.10.10.10.0%
Hungary0.10.1N/A0.10.0%
India1.33.60.50.1-57.5%
Poland0.20.10.10.1-20.6%
Others2.21.30.80.8-28.6%
Total19.618.313.513.6-11.5%

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

  1. Germany (33.6 tons)
  2. Japan (27.1 tons)
  3. Netherlands (16.0 tons)
  4. China (13.2 tons)
  5. Italy (3.3 tons)
  6. Hungary (2.6 tons)
  7. Portugal (2.3 tons)
  8. Austria (2.2 tons)
  9. Philippines (2.1 tons)
  10. Poland (1.9 tons)
  11. United States (1.8 tons)
  12. India (0.2 tons)

Source: IndexBox Market Intelligence Platform

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