Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $2,958 per ton in 2022, dropping by -35.6% against the previous year. Overall, the import price showed a deep contraction. The most prominent rate of growth was recorded in 2021 when the average import price increased by 31% against the previous year. The import price peaked at $7,080 per ton in 2014; however, from 2015 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 Italy ($101,232 per ton), while the price for China stood at $2,218 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+32.8%).
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (FOB) - 2022
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $59,462 per ton in 2022, shrinking by -13.8% against the previous year. Over the period under review, the export price faced a dramatic descent. The most prominent rate of growth was recorded in 2016 an increase of 7.9% against the previous year. Over the period under review, the average export prices attained the maximum at $460,000 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Saudi Arabia.
From 2013 to 2022, the rate of growth in terms of prices for Sudan amounted to +3.4% per year.
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt
For the fourth year in a row, Egypt recorded growth in supplies from abroad of machine-tools; parts and accessories, for the machines of heading no. 8464, which increased by 133% to 180 tons in 2022. Over the period under review, imports showed a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $532K in 2022. Overall, imports saw a significant increase. The pace of growth was the most pronounced in 2021 when imports increased by 170%. Imports peaked in 2022 and are likely to see steady growth in the near future.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 62.8 | 103 | 187 | 396 | 84.7% |
| Others | 63.9 | 28.0 | 168 | 136 | 28.6% |
| Total | 127 | 131 | 355 | 532 | 61.2% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Egypt in 2022:
- China (178.7 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt
In 2022, after three years of growth, there was significant decline in overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464, when their volume decreased by -50.1% to 236 kg. Over the period under review, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell rapidly to $14K in 2022. In general, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of 211%.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Egypt (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Saudi Arabia | N/A | N/A | N/A | 14.0 | 0% |
| Algeria | N/A | N/A | 3.0 | N/A | 0% |
| Sudan | 9.6 | 29.8 | 29.6 | N/A | 75.6% |
| Others | N/A | 0.1 | N/A | N/A | 0% |
| Total | 9.6 | 29.9 | 32.6 | 14.0 | 13.4% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Egypt in 2022:
- Saudi Arabia (236.0 kg)
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