Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan (FOB) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan (CIF) - 2023
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $80,396 per ton, reducing by -11.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The growth pace was the most rapid in 2020 when the average export price increased by 42%. The export price peaked at $90,660 per ton in 2021, and then dropped 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 South Korea ($154,736 per ton), while the average price for exports to the Philippines ($28,500 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 South Korea (+9.5%), 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 Japan (CIF) - 2023
In November 2023, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $31,042 per ton, declining by -58.9% against the previous month. In general, the import price saw a deep slump. The most prominent rate of growth was recorded in October 2023 when the average import price increased by 58% m-o-m. The import price peaked at $76,967 per ton in December 2022; however, from January 2023 to November 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($198K per ton), while the price for Vietnam ($13,021 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+5.3%), while the prices for the other major suppliers experienced a decline.
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan
In 2022, shipments abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -24.9% to 184 tons, falling for the second year in a row after two years of growth. Over the period under review, exports continue to indicate a significant curtailment. The growth pace was the most rapid in 2020 with an increase of 7.6%. As a result, the exports attained the peak of 534 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 dropped remarkably to $15M in 2022. In general, exports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 53%. As a result, the exports reached the peak of $47M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.5 | 27.8 | 10.2 | 3.8 | -20.3% |
| United States | 1.6 | 1.6 | 1.5 | 2.7 | 19.1% |
| Malaysia | 1.1 | 1.4 | 1.0 | 1.2 | 2.9% |
| Vietnam | 5.8 | 3.4 | 0.8 | 1.2 | -40.9% |
| Hungary | 2.3 | 1.5 | 1.3 | 0.7 | -32.7% |
| Thailand | 4.0 | 2.3 | 1.2 | 0.7 | -44.1% |
| Taiwan (Chinese) | 3.4 | 5.3 | 1.7 | 0.6 | -43.9% |
| Philippines | 1.0 | 1.0 | 0.4 | 0.4 | -26.3% |
| Indonesia | 0.2 | 0.2 | 0.6 | 0.4 | 26.0% |
| Others | 3.9 | 2.6 | 3.5 | 3.3 | -5.4% |
| Total | 30.8 | 47.2 | 22.3 | 14.8 | -21.7% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Japan in 2022:
- China (65.6 tons)
- Vietnam (32.7 tons)
- United States (18.1 tons)
- Philippines (12.9 tons)
- Malaysia (9.9 tons)
- Indonesia (9.0 tons)
- Thailand (7.7 tons)
- Taiwan (Chinese) (3.9 tons)
- Hungary (3.5 tons)
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan
Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Japan shrank dramatically to 192 tons in 2022, waning by -17.5% against 2021. Over the period under review, imports saw a dramatic setback. The smallest decline of -12.2% was in 2021.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 rose sharply to $8.9M in 2022. In general, imports saw a abrupt curtailment. The growth pace was the most rapid in 2021 when imports increased by 12%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Japan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 4,282 | 2,024 | 1,451 | 1,616 | -27.7% |
| Taiwan (Chinese) | 408 | 227 | 423 | 1,457 | 52.9% |
| United States | 1,147 | 1,294 | 1,305 | 1,387 | 6.5% |
| China | 1,460 | 1,037 | 871 | 1,209 | -6.1% |
| Italy | 1,044 | 394 | 1,404 | 629 | -15.5% |
| Malaysia | 54.6 | 281 | 100 | 141 | 37.2% |
| India | 139 | 76.1 | 25.7 | 77.9 | -17.6% |
| Others | 2,005 | 2,005 | 2,646 | 2,367 | 5.7% |
| Total | 10,540 | 7,339 | 8,225 | 8,884 | -5.5% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Japan in 2022:
- China (65.1 tons)
- Taiwan (Chinese) (56.5 tons)
- South Korea (32.1 tons)
- Malaysia (12.6 tons)
- Italy (5.8 tons)
- India (4.0 tons)
- United States (4.0 tons)
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