Price for Machinery; Parts of Machinery of Heading No. 8422 in Germany - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Germany (FOB) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Germany (CIF) - 2022
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Germany
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Germany
Price for Machinery; Parts of Machinery of Heading No. 8422 in Germany (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $90,228 per ton, picking up by 15% against the previous year. Over the period under review, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machinery; parts of machinery of heading no. 8422 increased by +72.1% against 2016 indices. The growth pace was the most rapid in 2018 an increase of 22%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($145,238 per ton), while the average price for exports to Turkey ($20,709 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 Spain (+17.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Germany (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $22,672 per ton in 2022, reducing by -8.9% against the previous year. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2018 an increase of 16%. The import price peaked at $39,314 per ton in 2013; however, from 2014 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 Hungary ($34,418 per ton), while the price for Poland ($9,428 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Germany
Exports of machinery; parts of machinery of heading no. 8422 from Germany contracted sharply to 17K tons in 2022, falling by -16.2% against the year before. Over the period under review, exports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 0.1% against the previous year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 dropped to $1.5B in 2022. Overall, exports saw a pronounced downturn. The smallest decline of -0.3% was in 2021.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 206 | 215 | 234 | 228 | 3.4% |
| France | 99.5 | 112 | 94.3 | 100 | 0.2% |
| Poland | 127 | 107 | 111 | 93.5 | -9.7% |
| Switzerland | 67.0 | 60.8 | 70.9 | 76.8 | 4.7% |
| Austria | 63.4 | 59.3 | 66.0 | 66.3 | 1.5% |
| Netherlands | 63.1 | 57.3 | 62.7 | 65.8 | 1.4% |
| United Kingdom | 83.4 | 80.8 | 63.1 | 61.3 | -9.8% |
| China | 61.9 | 60.3 | 68.2 | 59.5 | -1.3% |
| Italy | 54.5 | 53.7 | 51.2 | 57.0 | 1.5% |
| Spain | 52.7 | 44.1 | 50.8 | 52.7 | 0.0% |
| Turkey | 34.2 | 48.9 | 31.9 | 29.5 | -4.8% |
| Hungary | 39.5 | 49.5 | 32.0 | 24.7 | -14.5% |
| Slovakia | 9.8 | 14.8 | 14.0 | 12.0 | 7.0% |
| Others | 669 | 634 | 642 | 600 | -3.6% |
| Total | 1,632 | 1,597 | 1,592 | 1,527 | -2.2% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Germany in 2022:
- Poland (3.1K tons)
- United States (2.7K tons)
- Turkey (1.4K tons)
- Switzerland (1.0K tons)
- Austria (0.9K tons)
- France (0.7K tons)
- China (0.7K tons)
- Netherlands (0.6K tons)
- United Kingdom (0.5K tons)
- Slovakia (0.5K tons)
- Italy (0.4K tons)
- Hungary (0.4K tons)
- Spain (0.4K tons)
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Germany
For the fourth year in a row, Germany recorded growth in purchases abroad of machinery; parts of machinery of heading no. 8422, which increased by 7.4% to 30K tons in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 34% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
In value terms, imports of machinery; parts of machinery of heading no. 8422 declined modestly to $684M in 2022. The total import value increased at an average annual rate of +3.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of $699M, and then declined in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Germany (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 115 | 102 | 141 | 125 | 2.8% |
| Italy | 151 | 128 | 134 | 124 | -6.4% |
| Poland | 41.4 | 49.5 | 60.3 | 68.8 | 18.4% |
| Switzerland | 47.7 | 42.2 | 47.7 | 49.7 | 1.4% |
| Czech Republic | 30.4 | 34.0 | 37.1 | 39.7 | 9.3% |
| Netherlands | 31.3 | 30.4 | 44.9 | 33.1 | 1.9% |
| France | 19.9 | 20.6 | 16.8 | 30.6 | 15.4% |
| China | 23.8 | 19.6 | 22.3 | 28.1 | 5.7% |
| Hungary | 15.0 | 18.6 | 21.9 | 22.4 | 14.3% |
| Croatia | 8.9 | 10.3 | 12.7 | 15.7 | 20.8% |
| Slovakia | 6.0 | 14.4 | 16.1 | 14.2 | 33.3% |
| Belgium | 13.9 | 15.3 | 13.5 | 13.6 | -0.7% |
| Turkey | 8.6 | 7.3 | 5.5 | 5.2 | -15.4% |
| Others | 113 | 113 | 125 | 114 | 0.3% |
| Total | 626 | 605 | 699 | 684 | 3.0% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Germany in 2022:
- Poland (7.3K tons)
- Austria (4.7K tons)
- Italy (4.3K tons)
- Netherlands (2.2K tons)
- Czech Republic (2.1K tons)
- France (1.7K tons)
- China (1.1K tons)
- Belgium (1.1K tons)
- Hungary (0.7K tons)
- Slovakia (0.7K tons)
- Croatia (0.5K tons)
- Switzerland (0.4K tons)
- Turkey (0.3K tons)
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