Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Brazil - 2024

Contents:

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

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

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $20,962 per ton, increasing by 27% against the previous year. Overall, the import price, however, recorded a mild downturn. The pace of growth was the most pronounced in 2019 an increase of 59% against the previous year. Over the period under review, average import prices reached the peak figure at $32,958 per ton in 2013; however, from 2014 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 the United States ($77,456 per ton), while the price for Hong Kong SAR ($8,263 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $33,536 per ton in 2022, waning by -18% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 an increase of 25%. Over the period under review, the average export prices attained the maximum at $81,852 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($266,333 per ton), while the average price for exports to Ghana ($7,491 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 Bolivia (+20.7%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Brazil rose significantly to 432 tons in 2022, picking up by 5.6% compared with the year before. Over the period under review, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +20.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +74.2% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 55% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 reached the maximum in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $9.1M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +11.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +92.0% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 reached the peak figure in 2022 and are likely to see steady growth in the near future.

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

1. China (308.3 tons)
2. Italy (77.2 tons)
3. Germany (23.2 tons)
4. United States (4.2 tons)

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

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Brazil surged to 16 tons, growing by 25% compared with the year before. Overall, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +8.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +81.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 45%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $535K in 2022. Over the period under review, exports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 41%.

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

1. Ghana (5.0 tons)
2. Argentina (3.6 tons)
3. United States (3.0 tons)
4. Bolivia (1.0 tons)
5. Peru (0.9 tons)
6. Spain (0.8 tons)
7. Paraguay (0.7 tons)
8. India (0.2 tons)

Source: IndexBox Market Intelligence Platform