Price for Machines; Parts and Accessories, of Heading No. 8472 in the United States - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in the United States (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in the United States (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in the United States
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in the United States
Price for Machines; Parts and Accessories, of Heading No. 8472 in the United States (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $37,950 per ton in 2022, waning by -11.7% against the previous year. Over the period under review, the import price recorded a deep reduction. The most prominent rate of growth was recorded in 2015 an increase of 7.9%. Over the period under review, average import prices reached the peak figure at $97,720 per ton in 2013; however, from 2014 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 ($67,606 per ton), while the price for China ($22,745 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 (-3.6%), while the prices for the other major suppliers experienced a decline.
Price for Machines; Parts and Accessories, of Heading No. 8472 in the United States (FOB) - 2022
In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $46,950 per ton, waning by -34.9% against the previous year. In general, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2016 when the average export price increased by 8.7% against the previous year. Over the period under review, the average export prices hit record highs at $116,345 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 foreign markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($189,032 per ton), while the average price for exports to Mexico ($24,866 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 Canada (+5.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in the United States
In 2022, the amount of machines; parts and accessories, of heading no. 8472 imported into the United States soared to 7.9K tons, growing by 31% compared with 2021. In general, imports showed significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 60% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, imports of machines; parts and accessories, of heading no. 8472 skyrocketed to $301M in 2022. The total import value increased at an average annual rate of +2.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 21%. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 52.3 | 26.5 | 34.3 | 54.5 | 1.4% |
| China | 41.9 | 38.7 | 45.2 | 52.5 | 7.8% |
| Germany | 52.0 | 35.3 | 36.5 | 39.6 | -8.7% |
| Philippines | 27.5 | 23.2 | 16.8 | 28.5 | 1.2% |
| South Korea | 21.9 | 18.3 | 24.6 | 28.3 | 8.9% |
| Japan | 14.8 | 12.5 | 19.6 | 26.4 | 21.3% |
| Mexico | 19.0 | 21.0 | 30.3 | 16.4 | -4.8% |
| Others | 48.1 | 38.3 | 52.3 | 55.0 | 4.6% |
| Total | 278 | 214 | 259 | 301 | 2.7% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to the United States in 2022:
- China (2306.2 tons)
- India (1940.2 tons)
- Philippines (832.1 tons)
- Germany (772.6 tons)
- Japan (549.9 tons)
- South Korea (418.0 tons)
- Mexico (274.2 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in the United States
In 2022, approx. 4K tons of machines; parts and accessories, of heading no. 8472 were exported from the United States; rising by 64% on 2021. Overall, exports saw a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machines; parts and accessories, of heading no. 8472 rose notably to $186M in 2022. Over the period under review, exports, however, continue to indicate a noticeable decline.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 62.5 | 39.7 | 49.5 | 49.9 | -7.2% |
| Canada | 25.4 | 24.4 | 26.9 | 26.0 | 0.8% |
| Peru | 2.3 | 1.7 | 3.4 | 10.0 | 63.2% |
| Germany | 7.7 | 6.2 | 6.8 | 8.4 | 2.9% |
| Argentina | 2.7 | 6.2 | 9.5 | 7.2 | 38.7% |
| Netherlands | 4.3 | 3.8 | 3.4 | 5.8 | 10.5% |
| Brazil | 7.4 | 7.8 | 2.7 | 5.1 | -11.7% |
| Hong Kong SAR | 6.2 | 7.2 | 4.1 | 4.2 | -12.2% |
| Japan | 2.8 | 6.6 | 2.2 | 3.4 | 6.7% |
| South Korea | 1.9 | 3.3 | 1.3 | 2.8 | 13.8% |
| Colombia | 5.2 | 5.9 | 4.1 | 2.5 | -21.7% |
| Panama | 1.1 | 0.4 | 0.5 | 2.4 | 29.7% |
| Venezuela | 0.2 | 0.4 | 0.2 | 1.9 | 111.8% |
| Others | 70.1 | 87.7 | 59.8 | 56.7 | -6.8% |
| Total | 200 | 201 | 174 | 186 | -2.4% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from the United States in 2022:
- Mexico (2007.5 tons)
- Peru (240.5 tons)
- Germany (187.9 tons)
- Canada (137.8 tons)
- Argentina (121.4 tons)
- Brazil (103.0 tons)
- South Korea (82.4 tons)
- Hong Kong SAR (76.5 tons)
- Venezuela (70.8 tons)
- Japan (62.2 tons)
- Panama (61.5 tons)
- Netherlands (60.5 tons)
- Colombia (36.1 tons)
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This report provides an in-depth analysis of the computing machinery market in the U.S..
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This report provides an in-depth analysis of the global computing machinery market.
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