Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (FOB) - 2023
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (FOB) - 2023
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $25,930 per ton in November 2023, standing approximately at the previous month. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in October 2023 an increase of 50% m-o-m. Over the period under review, the average export prices attained the peak figure at $35,892 per ton in August 2023; however, from September 2023 to November 2023, the export prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($142K per ton), while the average price for exports to Australia ($31,745 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.0%), 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 Sweden (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $8,619 per ton, reducing by -8% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 44% against the previous year. Over the period under review, average import prices attained the maximum at $11,889 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($40,153 per ton), while the price for the Czech Republic ($3,116 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.4%), 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 Sweden
In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Sweden skyrocketed to 899 tons, rising by 59% compared with 2021 figures. In general, exports posted 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 expanded modestly to $22M in 2022. The total export value increased at an average annual rate of +4.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 34%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 2.5 | 2.3 | 3.9 | 6.8 | 39.6% |
United States | 9.0 | 6.4 | 6.8 | 6.4 | -10.7% |
Australia | 0.7 | 1.0 | 1.0 | 0.9 | 8.7% |
Norway | 0.8 | 0.8 | 1.1 | 0.9 | 4.0% |
Denmark | 0.5 | 0.5 | 0.8 | 0.8 | 17.0% |
United Kingdom | 0.8 | 0.7 | 0.8 | 0.8 | 0.0% |
Netherlands | 0.6 | 0.4 | 1.1 | 0.8 | 10.1% |
Bulgaria | N/A | N/A | 1.5 | 0.4 | -73.3% |
Others | 4.5 | 3.7 | 4.2 | 4.4 | -0.7% |
Total | 19.4 | 15.8 | 21.2 | 22.1 | 4.4% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Sweden in 2022:
- Germany (572.1 tons)
- United States (87.9 tons)
- Norway (39.9 tons)
- Bulgaria (36.0 tons)
- Australia (22.7 tons)
- United Kingdom (18.0 tons)
- Denmark (16.5 tons)
- Netherlands (16.0 tons)
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden
In 2022, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Sweden soared to 1.9K tons, with an increase of 49% compared with the previous year's figure. In general, imports continue to indicate a resilient increase. The growth pace was the most rapid in 2021 with an increase of 50% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $16M in 2022. Overall, total imports indicated resilient growth from 2019 to 2022: its value increased at an average annual rate of +10.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.0% against 2020 indices. As a result, imports reached 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 Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 3.3 | 3.7 | 5.9 | 8.5 | 37.1% |
China | 3.7 | 2.3 | 1.8 | 1.3 | -29.4% |
Italy | 0.8 | 0.5 | 0.7 | 1.2 | 14.5% |
United States | 0.8 | 0.5 | 0.9 | 0.8 | 0.0% |
Bulgaria | N/A | N/A | 0.4 | 0.8 | 100.0% |
Czech Republic | 0.2 | N/A | N/A | 0.5 | 35.7% |
Poland | 0.3 | 0.2 | 0.2 | 0.5 | 18.6% |
Belgium | 0.2 | 0.2 | 0.3 | 0.4 | 26.0% |
Others | 3.0 | 1.6 | 1.7 | 2.3 | -8.5% |
Total | 12.2 | 9.1 | 11.9 | 16.4 | 10.4% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Sweden in 2022:
- Germany (1287.3 tons)
- Czech Republic (176.2 tons)
- China (69.0 tons)
- Poland (68.1 tons)
- Italy (66.4 tons)
- Bulgaria (58.3 tons)
- United States (50.2 tons)
- Belgium (28.9 tons)
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