Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK - 2023
Contents:
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (CIF) - 2023
- Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK
- Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (CIF) - 2023
The average import price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $90,497 per ton in November 2023, surging by 27% against the previous month. In general, the import price showed a buoyant increase. The pace of growth was the most pronounced in August 2023 when the average import price increased by 81% month-to-month. Over the period under review, average import prices reached the maximum in November 2023.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the United States ($325K per ton), while the price for China ($18,701 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by the United States (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (FOB) - 2022
The average export price for machine-tools; parts and accessories, tool holders and self-opening dieheadses stood at $75,347 per ton in 2022, which is down by -29.9% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 15% against the previous year. The export price peaked at $172,317 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
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 ($420,037 per ton), while the average price for exports to Hungary ($17,474 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 Ireland (+12.4%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK
In 2022, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses into the UK fell notably to 1.5K tons, waning by -45.5% against 2021. Overall, imports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 107%. As a result, imports reached the peak of 2.7K tons, and then fell sharply in the following year.
In value terms, imports of machine-tools; parts and accessories, tool holders and self-opening dieheadses contracted remarkably to $59M in 2022. Over the period under review, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 43% against the previous year. As a result, imports attained the peak of $76M, and then contracted sharply in the following year.
| Import of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 21.6 | 15.9 | 32.6 | 18.5 | -5.0% |
| United States | 10.3 | 8.5 | 8.8 | 10.7 | 1.3% |
| China | 4.0 | 3.8 | 4.3 | 4.8 | 6.3% |
| Italy | 2.3 | 1.1 | 1.4 | 4.2 | 22.2% |
| Japan | 4.6 | 2.8 | 2.9 | 3.0 | -13.3% |
| Sweden | N/A | 0.1 | 1.3 | 2.5 | 400.0% |
| India | 0.3 | 0.5 | 0.9 | 1.9 | 85.0% |
| Netherlands | 8.1 | 5.7 | 3.7 | 0.5 | -60.5% |
| Taiwan (Chinese) | 0.3 | 0.3 | 0.3 | 0.5 | 18.6% |
| Belgium | 10.6 | 8.3 | 9.1 | 0.5 | -63.9% |
| Others | 9.2 | 5.9 | 10.8 | 12.0 | 9.3% |
| Total | 71.4 | 53.1 | 76.1 | 59.2 | -6.1% |
Top Suppliers of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads to the UK in 2022:
- Germany (693.8 tons)
- China (268.2 tons)
- United States (148.0 tons)
- Italy (58.9 tons)
- India (57.6 tons)
- Sweden (42.3 tons)
- Taiwan (Chinese) (26.5 tons)
- Japan (18.1 tons)
- Netherlands (4.1 tons)
- Belgium (3.8 tons)
Exports of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK
In 2022, overseas shipments of machine-tools; parts and accessories, tool holders and self-opening dieheadses increased by 28% to 460 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a deep slump.
In value terms, exports of machine-tools; parts and accessories, tool holders and self-opening dieheadses shrank to $35M in 2022. Overall, exports, however, recorded a deep slump. The smallest decline of -6.2% was in 2021.
| Export of Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads in the UK (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.4 | 12.9 | 11.6 | 8.3 | 3.9% |
| Germany | 5.7 | 3.2 | 5.7 | 6.4 | 3.9% |
| United States | 8.6 | 6.7 | 5.2 | 4.0 | -22.5% |
| Ireland | 2.1 | 1.9 | 1.7 | 1.9 | -3.3% |
| France | 3.3 | 1.4 | 1.4 | 1.5 | -23.1% |
| Netherlands | 1.7 | 0.9 | 0.9 | 1.3 | -8.6% |
| Italy | 2.1 | 1.2 | 1.1 | 1.2 | -17.0% |
| Brazil | 0.1 | 0.1 | 0.1 | 0.8 | 100.0% |
| Australia | 0.4 | 0.3 | 0.1 | 0.6 | 14.5% |
| Spain | 1.2 | 1.0 | 0.7 | 0.6 | -20.6% |
| Sweden | 1.0 | 2.3 | 0.9 | 0.5 | -20.6% |
| India | 0.6 | 0.4 | 0.5 | 0.4 | -12.6% |
| Hungary | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
| Others | 17.6 | 9.0 | 8.6 | 6.9 | -26.8% |
| Total | 51.7 | 41.2 | 38.6 | 34.6 | -12.5% |
Top Export Markets for Machine-Tools; Parts and Accessories, Tool Holders and Self-Opening Dieheads from the UK in 2022:
- Germany (180.0 tons)
- United States (38.8 tons)
- Netherlands (24.6 tons)
- Brazil (24.4 tons)
- France (21.6 tons)
- China (19.8 tons)
- India (18.1 tons)
- Ireland (16.5 tons)
- Italy (14.0 tons)
- Spain (9.8 tons)
- Australia (9.2 tons)
- Hungary (7.7 tons)
- Sweden (5.2 tons)
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