Price for Machinery; Parts of Machinery of Heading No. 8422 in Angola - 2022
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Angola (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Angola (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Angola
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Angola
Price for Machinery; Parts of Machinery of Heading No. 8422 in Angola (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $32,646 per ton in 2022, with an increase of 57% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of machinery of heading no. 8422 increased by +104.2% against 2019 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($61,867 per ton), while the price for India ($5,236 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Angola (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $10,201 per ton, with an increase of 97% against the previous year. Overall, the export price saw a significant expansion. The pace of growth appeared the most rapid in 2016 when the average export price increased by 773% against the previous year. The export price peaked at $23,012 per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Austria ($38,403 per ton), while the average price for exports to France ($1,041 per ton) was amongst the lowest.
From 2015 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Portugal (-10.3%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Angola
In 2022, after two years of decline, there was significant growth in supplies from abroad of machinery; parts of machinery of heading no. 8422, when their volume increased by 23% to 963 tons. Over the period under review, imports, however, saw a noticeable curtailment.
In value terms, imports of machinery; parts of machinery of heading no. 8422 surged to $31M in 2022. Overall, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Angola (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 3.7 | 3.6 | 4.7 | 12.8 | 51.2% |
| Germany | 4.2 | 2.1 | 2.7 | 7.4 | 20.8% |
| Portugal | 3.6 | 7.7 | 2.0 | 3.8 | 1.8% |
| Italy | 1.7 | 1.7 | 1.8 | 2.9 | 19.5% |
| France | 1.7 | 0.7 | 2.6 | 1.4 | -6.3% |
| India | 0.7 | 0.2 | 0.4 | 0.7 | 0.0% |
| China | 0.2 | 0.3 | 0.7 | 0.5 | 35.7% |
| Others | 1.1 | 1.3 | 1.5 | 2.0 | 22.1% |
| Total | 17.0 | 17.5 | 16.2 | 31.4 | 22.7% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Angola in 2022:
- Belgium (286.7 tons)
- Portugal (151.8 tons)
- Germany (151.2 tons)
- India (127.0 tons)
- China (78.7 tons)
- Italy (46.6 tons)
- France (34.8 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Angola
In 2022, overseas shipments of machinery; parts of machinery of heading no. 8422 decreased by -97.4% to 5.2 tons for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 850% against the previous year. As a result, the exports attained the peak of 200 tons, and then contracted remarkably in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 plummeted to $53K in 2022. In general, exports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 2,387% against the previous year. As a result, the exports attained the peak of $1M, and then reduced markedly in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Angola (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Portugal | 0.3 | 28.5 | 3.0 | 33.7 | 382.5% |
| Austria | N/A | N/A | N/A | 15.5 | 0% |
| France | N/A | N/A | N/A | 1.8 | 0% |
| Chile | N/A | N/A | 1,037 | N/A | 0% |
| Germany | 76.1 | 0.8 | N/A | N/A | -98.9% |
| Democratic Republic of the Congo | N/A | 4.4 | N/A | N/A | 0% |
| Italy | N/A | 3.3 | N/A | N/A | 0% |
| Others | N/A | 4.8 | N/A | 2.1 | -33.9% |
| Total | 76.4 | 41.8 | 1,040 | 53.1 | -11.4% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Angola in 2022:
- Portugal (3.0 tons)
- France (1.8 tons)
- Austria (0.4 tons)
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