Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy (FOB) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $30,375 per ton, dropping by -12.2% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 an increase of 35%. The export price peaked at $34,597 per ton in 2021, and then shrank in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($44,025 per ton), while the average price for exports to Egypt ($9,829 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 France (+4.9%), 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 Italy (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $6,195 per ton in 2022, shrinking by -1.7% against the previous year. Overall, the import price saw a slight downturn. The pace of growth appeared the most rapid in 2014 an increase of 19% against the previous year. Over the period under review, average import prices attained the maximum at $7,476 per ton in 2017; however, from 2018 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 Germany ($17,539 per ton), while the price for Turkey ($4,204 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.7%), 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 Italy
In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Italy expanded remarkably to 5.4K tons, growing by 8.6% against 2021 figures. The total export volume increased at an average annual rate of +3.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 declined slightly to $165M in 2022. The total export value increased at an average annual rate of +2.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 30% against the previous year. As a result, the exports reached the peak of $173M, and then dropped modestly in the following year.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 21.3 | 22.5 | 30.4 | 28.3 | 9.9% |
| Germany | 14.2 | 14.2 | 16.3 | 16.3 | 4.7% |
| India | 7.1 | 8.0 | 11.3 | 9.5 | 10.2% |
| Spain | 10.1 | 7.8 | 9.8 | 8.4 | -6.0% |
| France | 7.2 | 7.9 | 8.0 | 6.5 | -3.4% |
| Mexico | 2.2 | 1.5 | 3.0 | 5.4 | 34.9% |
| Poland | 4.6 | 4.4 | 5.5 | 5.4 | 5.5% |
| Belgium | 3.2 | 3.6 | 4.6 | 4.7 | 13.7% |
| Brazil | 3.6 | 2.7 | 3.1 | 4.2 | 5.3% |
| Turkey | 2.9 | 4.0 | 5.9 | 4.1 | 12.2% |
| United Arab Emirates | 1.2 | 1.1 | 2.9 | 3.0 | 35.7% |
| Oman | 1.8 | 1.5 | 2.2 | 2.5 | 11.6% |
| Egypt | 1.2 | 1.2 | 1.1 | 1.2 | 0.0% |
| Others | 74.1 | 53.4 | 69.2 | 66.0 | -3.8% |
| Total | 155 | 134 | 173 | 165 | 2.1% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Italy in 2022:
- Germany (1165.4 tons)
- United States (642.2 tons)
- India (464.9 tons)
- Spain (211.7 tons)
- Belgium (182.8 tons)
- Turkey (175.8 tons)
- United Arab Emirates (170.1 tons)
- France (151.5 tons)
- Mexico (138.4 tons)
- Poland (136.2 tons)
- Egypt (120.0 tons)
- Oman (118.2 tons)
- Brazil (117.9 tons)
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy
In 2022, approx. 5.4K tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Italy; rising by 15% compared with the previous year's figure. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. 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 stood at $34M in 2022. The total import value increased at an average annual rate of +8.1% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Italy (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 12.3 | 11.0 | 13.5 | 15.1 | 7.1% |
| Bulgaria | 2.7 | 1.7 | 3.8 | 6.6 | 34.7% |
| Germany | 2.1 | 3.1 | 1.5 | 1.8 | -5.0% |
| Turkey | 0.5 | 0.6 | 0.8 | 1.7 | 50.4% |
| Romania | 0.6 | 1.3 | 1.2 | 0.3 | -20.6% |
| Others | 8.3 | 9.5 | 8.8 | 8.1 | -0.8% |
| Total | 26.5 | 27.3 | 29.7 | 33.5 | 8.1% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Italy in 2022:
- China (3151.2 tons)
- Bulgaria (1424.6 tons)
- Turkey (398.2 tons)
- Germany (101.7 tons)
- Romania (28.6 tons)
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