Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria - 2023

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria (FOB) - 2022
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria (CIF) - 2023
3. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria
4. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $42,788 per ton in 2022, increasing by 26% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.7%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($82,086 per ton), while the average price for exports to the Netherlands ($16,271 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 the United States (+6.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria (CIF) - 2023

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $16,227 per ton in November 2023, growing by 62% against the previous month. In general, import price indicated a moderate expansion from December 2022 to November 2023: its price increased at an average monthly rate of +3.6% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, import price for machine-tools; parts and accessories, for the machines of heading no. 8464 increased by +61.7% against October 2023 indices. The import price peaked at $16,343 per ton in July 2023; however, from August 2023 to November 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was Liechtenstein ($121K per ton), while the price for Serbia ($17,893 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 Slovenia (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Austria declined dramatically to 741 tons, shrinking by -23.6% against the year before. In general, exports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 17%. As a result, the exports reached the peak of 971 tons, and then declined dramatically in the following year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 contracted modestly to $32M in 2022. The total export value increased at an average annual rate of +8.2% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 25%. As a result, the exports attained the peak of $33M, and then fell in the following year.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Austria in 2022:

1. Germany (253.9 tons)
2. Liechtenstein (49.1 tons)
3. Italy (44.9 tons)
4. Hungary (42.4 tons)
5. Poland (40.9 tons)
6. France (34.1 tons)
7. Romania (31.1 tons)
8. Belgium (30.3 tons)
9. Netherlands (26.4 tons)
10. United States (23.5 tons)
11. Croatia (19.4 tons)
12. Australia (18.7 tons)
13. Turkey (18.1 tons)

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Austria

In 2022, overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -15.9% to 1.9K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 19%. As a result, imports reached the peak of 2.3K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 declined to $21M in 2022. The total import value increased at an average annual rate of +1.5% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14%. As a result, imports reached the peak of $24M, and then contracted in the following year.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Austria in 2022:

1. Germany (643.7 tons)
2. Hungary (415.0 tons)
3. Slovenia (285.3 tons)
4. Italy (127.5 tons)
5. Czech Republic (121.5 tons)
6. Poland (121.0 tons)
7. Switzerland (62.1 tons)

Source: IndexBox Market Intelligence Platform