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

Contents:

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

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

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $5,760 per ton in 2022, with a decrease of -48.2% against the previous year. In general, the export price continues to indicate a deep setback. The pace of growth appeared the most rapid in 2021 when the average export price increased by 65% against the previous year. The export price peaked at $33,360 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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 China ($40,723 per ton), while the average price for exports to Belgium ($1,616 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 Angola (+3.3%), 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 Spain (CIF) - 2022

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $13,031 per ton in 2022, declining by -34.8% against the previous year. In general, the import price continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2017 an increase of 63% against the previous year. The import price peaked at $28,661 per ton in 2018; however, from 2019 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 France ($39,255 per ton), while the price for Romania ($4,745 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+7.7%), 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 Spain

For the fourth consecutive year, Spain recorded growth in overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464, which increased by 90% to 5.7K tons in 2022. In general, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 shrank slightly to $33M in 2022. Over the period under review, total exports indicated a resilient increase from 2019 to 2022: its value increased at an average annual rate of +18.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.6% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 68% against the previous year. As a result, the exports reached the peak of $34M, and then contracted in the following year.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
DenmarkN/AN/A0.211.35550.0%
Portugal5.15.06.36.69.0%
Germany4.54.53.54.50.0%
France1.03.22.21.719.3%
Netherlands1.11.20.91.48.4%
Belgium0.20.20.71.176.5%
Italy0.50.40.40.921.6%
Morocco1.00.40.30.8-7.2%
Others6.75.119.14.8-10.5%
Total20.120.033.633.118.1%

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

  1. Germany (2048.9 tons)
  2. Netherlands (753.7 tons)
  3. Denmark (748.6 tons)
  4. Belgium (656.4 tons)
  5. France (416.6 tons)
  6. Italy (344.2 tons)
  7. Morocco (286.2 tons)
  8. Portugal (266.1 tons)

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

In 2022, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Spain surged to 833 tons, jumping by 21% on 2021. The total import volume increased at an average annual rate of +2.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded 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 contracted markedly to $11M in 2022. Overall, imports, however, showed a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of 9.7% against the previous year.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Spain (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy6.85.75.63.3-21.4%
China0.40.31.32.584.2%
Germany5.72.72.21.8-31.9%
Sweden1.21.11.71.1-2.9%
France1.01.01.00.6-15.7%
Portugal0.20.30.30.20.0%
Romania0.40.10.1N/A-50.0%
Others2.51.41.51.3-19.6%
Total18.212.513.810.9-15.7%

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

  1. China (392.6 tons)
  2. Italy (249.0 tons)
  3. Germany (79.1 tons)
  4. Sweden (32.7 tons)
  5. Portugal (30.3 tons)
  6. France (15.1 tons)
  7. Romania (0.3 tons)

Source: IndexBox Market Intelligence Platform

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