Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $12,823 per ton, shrinking by -5.4% against the previous year. In general, the import price showed a perceptible slump. The most prominent rate of growth was recorded in 2016 an increase of 15% against the previous year. As a result, import price attained the peak level of $24,229 per ton. From 2017 to 2022, the average import prices remained at a 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 Italy ($91,816 per ton), while the price for Chile ($3,318 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 (+11.4%), 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 Ecuador (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $39,440 per ton, rising by 3.2% against the previous year. Over the period under review, the export price, however, saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by 119%. Over the period under review, the average export prices attained the peak figure at $147,109 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.
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 Italy ($261,667 per ton), while the average price for exports to Australia ($30,600 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 Italy (+9.8%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador
In 2022, approx. 31 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Ecuador; increasing by 23% compared with 2021. Over the period under review, total imports indicated a moderate expansion from 2019 to 2022: its volume increased at an average annual rate of +4.0% 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 +108.5% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 69% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 attained the peak figure in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 surged to $401K in 2022. Overall, imports, however, continue to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2021 when imports increased by 54%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 55.6 | 60.9 | 91.1 | 123 | 30.3% |
| Italy | 63.6 | 35.3 | 71.7 | 94.0 | 13.9% |
| United States | 147 | 22.4 | 64.8 | 71.5 | -21.4% |
| Mexico | 16.6 | 16.2 | 18.1 | 19.5 | 5.5% |
| Spain | 69.0 | 24.0 | 14.0 | 14.1 | -41.1% |
| Peru | 0.7 | 3.4 | 3.1 | 2.8 | 58.7% |
| Chile | 1.9 | 1.8 | 2.1 | 2.1 | 3.4% |
| Others | 71.4 | 60.2 | 79.3 | 74.8 | 1.6% |
| Total | 425 | 224 | 344 | 401 | -1.9% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Ecuador in 2022:
- China (25.7 tons)
- United States (1.5 tons)
- Italy (1.0 tons)
- Mexico (0.6 tons)
- Chile (0.6 tons)
- Spain (0.5 tons)
- Peru (0.4 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador
Exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Ecuador soared to 91 kg in 2022, picking up by 42% against the previous year's figure. Overall, exports, however, continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 178%.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $3.6K in 2022. Over the period under review, exports, however, recorded a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 129%.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ecuador (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 7.5 | 0.7 | 1.7 | 2.6 | -29.8% |
| Italy | 5.3 | 0.2 | 0.5 | 0.8 | -46.8% |
| Australia | 2.1 | 0.1 | 0.1 | 0.2 | -54.3% |
| Peru | 0.4 | N/A | 0.1 | 0.1 | -37.0% |
| South Africa | 2.5 | N/A | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | N/A | N/A | -66.7% |
| Total | 18.0 | 1.1 | 2.4 | 3.6 | -41.5% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Ecuador in 2022:
- United States (81.0 kg)
- Australia (5.0 kg)
- Italy (3.0 kg)
- Peru (2.0 kg)
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