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

Contents:

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

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

The average import price for machines; parts and accessories, of heading no. 8472 stood at $83,704 per ton in 2022, with an increase of 24% against the previous year. Over the period under review, the import price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2014 when the average import price increased by 31% against the previous year. Over the period under review, average import prices reached the maximum at $110,640 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 South Korea ($276,754 per ton), while the price for China ($54,394 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+17.0%), 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 Ukraine (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $9,711 per ton, which is down by -27.9% against the previous year. Over the period under review, the export price showed a pronounced setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by 694% against the previous year. As a result, the export price attained the peak level of $44,580 per ton. From 2019 to 2022, the average export prices failed to regain momentum.

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 Romania ($26,993 per ton), while the average price for exports to Iraq ($3,178 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 Hungary (+2.1%), while the prices for the other major destinations experienced mixed trend patterns.

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

In 2022, supplies from abroad of machines; parts and accessories, of heading no. 8472 decreased by -70.6% to 25 tons, falling for the second year in a row after two years of growth. In general, imports faced a precipitous decrease. The growth pace was the most rapid in 2020 when imports increased by 22% against the previous year. As a result, imports attained the peak of 90 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machines; parts and accessories, of heading no. 8472 shrank sharply to $2.1M in 2022. Overall, imports saw a sharp setback. The growth pace was the most rapid in 2020 with an increase of 23%. As a result, imports reached the peak of $6.8M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Mexico2,7792,591550621-39.3%
Philippines3777161,71550810.5%
Japan2733391,18848421.0%
China1,0761,6391,079152-47.9%
United States7.86.232.1139161.2%
South Korea15.415846.910589.6%
Germany3991,02552533.7-56.1%
United Kingdom28427.92.75.7-72.8%
Others33231649112.5-66.5%
Total5,5436,8185,6312,061-28.1%

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

  1. Mexico (9.2 tons)
  2. Japan (6.3 tons)
  3. Philippines (4.7 tons)
  4. China (2.8 tons)
  5. United States (0.9 tons)
  6. South Korea (0.4 tons)
  7. Germany (0.3 tons)

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

In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by -29.4% to 23 tons, falling for the second consecutive year after two years of growth. In general, exports, however, enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 2,445% against the previous year. As a result, the exports attained the peak of 138 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machines; parts and accessories, of heading no. 8472 declined remarkably to $222K in 2022. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 4,551% against the previous year. As a result, the exports reached the peak of $1.7M. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Ukraine (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
RomaniaN/A1,415179124-70.4%
Bulgaria10.511610938.153.7%
IraqN/A0.1N/A30.11634.9%
LithuaniaN/A11.7N/A4.2-40.1%
HungaryN/A43.015.8N/A-63.3%
BelarusN/A89.28.5N/A-90.5%
Others27.171.312325.8-1.6%
Total37.51,74643622280.9%

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

  1. Iraq (9.5 tons)
  2. Bulgaria (8.1 tons)
  3. Romania (4.6 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Machines; parts and accessories, of heading no. 8472 - Ukraine