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

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (FOB) - 2023
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden (CIF) - 2022
  3. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Sweden
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Germany2.52.33.96.839.6%
United States9.06.46.86.4-10.7%
Australia0.71.01.00.98.7%
Norway0.80.81.10.94.0%
Denmark0.50.50.80.817.0%
United Kingdom0.80.70.80.80.0%
Netherlands0.60.41.10.810.1%
BulgariaN/AN/A1.50.4-73.3%
Others4.53.74.24.4-0.7%
Total19.415.821.222.14.4%

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

  1. Germany (572.1 tons)
  2. United States (87.9 tons)
  3. Norway (39.9 tons)
  4. Bulgaria (36.0 tons)
  5. Australia (22.7 tons)
  6. United Kingdom (18.0 tons)
  7. Denmark (16.5 tons)
  8. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3.33.75.98.537.1%
China3.72.31.81.3-29.4%
Italy0.80.50.71.214.5%
United States0.80.50.90.80.0%
BulgariaN/AN/A0.40.8100.0%
Czech Republic0.2N/AN/A0.535.7%
Poland0.30.20.20.518.6%
Belgium0.20.20.30.426.0%
Others3.01.61.72.3-8.5%
Total12.29.111.916.410.4%

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

  1. Germany (1287.3 tons)
  2. Czech Republic (176.2 tons)
  3. China (69.0 tons)
  4. Poland (68.1 tons)
  5. Italy (66.4 tons)
  6. Bulgaria (58.3 tons)
  7. United States (50.2 tons)
  8. Belgium (28.9 tons)

Source: IndexBox Market Intelligence Platform

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