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

Contents:

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

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

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $6,050 per ton, reducing by -41.3% against the previous year. Over the period under review, the import price recorded a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 60%. The import price peaked at $19,226 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 Bulgaria ($10,469 per ton), while the price for North Macedonia ($1,385 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by North Macedonia (-0.8%), while the prices for the other major suppliers experienced a decline.

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

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $8,248 per ton, rising by 41% against the previous year. Overall, the export price saw a measured increase. The growth pace was the most rapid in 2013 an increase of 73%. As a result, the export price attained the peak level of $10,947 per ton. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

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 Italy ($11,012 per ton), while the average price for exports to Albania ($6,305 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 Iran (+50.3%), 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 Greece

In 2022, approx. 515 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Greece; growing by 8.2% on the previous year's figure. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 119%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 shrank markedly to $3.1M in 2022. Overall, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 79%. As a result, imports attained the peak of $4.9M, and then shrank markedly in the following year.

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

1. Italy (340.4 tons)
2. North Macedonia (80.9 tons)
3. Turkey (43.2 tons)
4. China (33.6 tons)
5. Bulgaria (1.1 tons)

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

In 2022, overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -38.7% to 122 tons, falling for the second year in a row after two years of growth. Over the period under review, exports saw a pronounced downturn. The growth pace was the most rapid in 2020 when exports increased by 61%. As a result, the exports attained the peak of 212 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 reduced to $1M in 2022. In general, total exports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +9.2% 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 +30.3% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 37% against the previous year. As a result, the exports attained the peak of $1.2M, and then contracted in the following year.

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

1. North Macedonia (61.1 tons)
2. Bulgaria (30.0 tons)
3. Albania (23.1 tons)
4. Italy (4.3 tons)

Source: IndexBox Market Intelligence Platform