Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $44,780 per ton in 2022, rising by 16% against the previous year. Over the last decade, it increased at an average annual rate of +1.1%. Over the period under review, average import prices reached the peak figure at $45,457 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
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 Japan ($231,331 per ton), while the price for China ($8,950 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (+6.0%), 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 Mexico (FOB) - 2022
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $72,106 per ton in 2022, increasing by 10% against the previous year. Over the last decade, it increased at an average annual rate of +6.7%. The most prominent rate of growth was recorded in 2013 when the average export price increased by 85% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($73,573 per ton), while the average price for exports to El Salvador totaled $30,166 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+268.4%), 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 Mexico
In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into Mexico dropped remarkably to 130 tons, which is down by -21.5% against the previous year's figure. Overall, imports continue to indicate a noticeable setback. The growth pace was the most rapid in 2021 when imports increased by 58%. As a result, imports reached the peak of 165 tons, and then fell sharply in the following year.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped to $5.8M in 2022. In general, imports recorded a mild curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 52%. As a result, imports attained the peak of $6.4M, and then contracted in the following year.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 2,695 | 1,692 | 3,011 | 2,422 | -3.5% |
| Japan | 1,185 | 452 | 1,154 | 1,133 | -1.5% |
| Italy | 790 | 619 | 1,022 | 1,105 | 11.8% |
| Germany | 451 | 522 | 469 | 567 | 7.9% |
| China | 298 | 262 | 397 | 443 | 14.1% |
| Spain | 119 | 120 | 37.0 | 22.4 | -42.7% |
| Others | 482 | 545 | 311 | 121 | -36.9% |
| Total | 6,020 | 4,212 | 6,400 | 5,813 | -1.2% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Mexico in 2022:
- China (49.4 tons)
- United States (36.8 tons)
- Italy (28.4 tons)
- Germany (5.5 tons)
- Japan (4.9 tons)
- Spain (2.4 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico
In 2022, approx. 4.8 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from Mexico; with an increase of 34% against the previous year. Overall, exports, however, showed a deep contraction.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $348K in 2022. Over the period under review, exports, however, showed a noticeable shrinkage.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Mexico (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 338 | 412 | 234 | 343 | 0.5% |
| El Salvador | N/A | 1.3 | 0.6 | 4.9 | 94.1% |
| Italy | 45.8 | N/A | N/A | N/A | 0% |
| Others | 6.3 | 0.3 | N/A | N/A | -95.2% |
| Total | 390 | 414 | 235 | 348 | -3.7% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Mexico in 2022:
- United States (4.7 tons)
- El Salvador (0.2 tons)
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