Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $11,100 per ton, picking up by 12% against the previous year. Overall, the import price, however, saw a slight downturn. The most prominent rate of growth was recorded in 2019 an increase of 57% against the previous year. Over the period under review, average import prices reached the maximum at $17,770 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($93,626 per ton), while the price for China ($9,679 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+28.9%), 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 Vietnam (FOB) - 2022
The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $143,922 per ton in 2022, rising by 181% against the previous year. Overall, the export price posted significant growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($448,000 per ton), while the average price for exports to China ($51,409 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 (+56.4%), 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 Vietnam
Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Vietnam skyrocketed to 2.3K tons in 2022, jumping by 54% against the year before. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +22.1% 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 +81.9% against 2019 indices. 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 skyrocketed to $25M in 2022. In general, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +11.0% over the last three years. The trend pattern, however, 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.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.9 | 8.4 | 9.7 | 21.0 | 75.3% |
| South Korea | 5.8 | 5.3 | 2.3 | 1.7 | -33.6% |
| Japan | 5.8 | 3.4 | 0.8 | 1.2 | -40.9% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.3 | 0.3 | 0.0% |
| Others | 2.5 | 2.3 | 1.4 | 0.9 | -28.9% |
| Total | 18.4 | 19.6 | 14.5 | 25.1 | 10.9% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Vietnam in 2022:
- China (2171.6 tons)
- Japan (30.0 tons)
- Taiwan (Chinese) (29.0 tons)
- South Korea (18.6 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Vietnam
In 2022, overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -63% to 243 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports faced a deep reduction. The growth pace was the most rapid in 2020 with an increase of 86%.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 rose modestly to $35K in 2022. Overall, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +14.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -22.6% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 91%. As a result, the exports reached the peak of $45K. 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 Vietnam (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | N/A | N/A | N/A | 19.7 | 0% |
| China | N/A | N/A | 4.7 | 8.8 | 87.2% |
| South Korea | N/A | N/A | N/A | 4.7 | 0% |
| Japan | N/A | 7.8 | 1.0 | 1.2 | -60.8% |
| Australia | 5.6 | 2.9 | 28.1 | 0.5 | -55.3% |
| Thailand | N/A | 26.9 | N/A | N/A | 0% |
| Lao People's Democratic Republic | 4.0 | N/A | N/A | N/A | 0% |
| Taiwan (Chinese) | 5.0 | 7.6 | N/A | N/A | 52.0% |
| Italy | 4.6 | N/A | N/A | N/A | 0% |
| Others | 4.5 | N/A | N/A | N/A | 0% |
| Total | 23.6 | 45.2 | 33.7 | 35.0 | 14.0% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Vietnam in 2022:
- China (171.0 kg)
- Netherlands (44.0 kg)
- South Korea (11.0 kg)
- Japan (9.0 kg)
- Australia (8.0 kg)
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