Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland - 2023

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland (CIF) - 2022

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $33,151 per ton in 2022, declining by -24.9% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 41%. As a result, import price attained the peak level of $44,145 per ton, and then contracted rapidly in the following year.

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 Switzerland ($307,116 per ton), while the price for China ($13,911 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+14.6%), 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 Finland (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $52,972 per ton in 2022, jumping by 31% against the previous year. Over the period under review, the export price saw a temperate expansion. The pace of growth appeared the most rapid in 2019 when the average export price increased by 134% against the previous year. As a result, the export price reached the peak level of $68,299 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kazakhstan ($92,830 per ton), while the average price for exports to Lithuania ($18,555 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 (+15.3%), 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 Finland

In 2022, approx. 55 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Finland; picking up by 59% compared with the previous year. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $1.8M in 2022. The total import value increased at an average annual rate of +2.5% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden31038240851218.2%
Germany541379356401-9.5%
China261245209189-10.2%
Italy85.278.943.190.82.1%
Austria57.178.111990.616.6%
Japan8.23.67.082.0115.4%
Netherlands31.88.932.177.534.6%
Belgium3.550.966.548.4140.0%
Norway17.611.129.033.323.7%
United Kingdom23.91375.35.4-39.1%
Others350466251292-5.9%
Total1,6891,8401,5261,8212.5%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Finland in 2022:

  1. Sweden (16.2 tons)
  2. China (13.6 tons)
  3. Germany (12.3 tons)
  4. Italy (2.8 tons)
  5. Netherlands (1.7 tons)
  6. Japan (1.7 tons)
  7. Norway (1.3 tons)
  8. Belgium (1.2 tons)
  9. Austria (0.9 tons)
  10. United Kingdom (0.1 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland

In 2022, approx. 4.7 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from Finland; waning by -47.8% compared with the previous year's figure. Over the period under review, exports faced a dramatic contraction. The pace of growth was the most pronounced in 2021 when exports increased by 348%.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped notably to $248K in 2022. Overall, exports continue to indicate a dramatic slump. The most prominent rate of growth was recorded in 2021 when exports increased by 244% against the previous year.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/A0.2N/A1042180.4%
United States18121.644.544.0-37.6%
Russia49.917.610630.6-15.0%
Sweden11211.956.727.6-37.3%
Canada7.910.64.26.7-5.3%
Estonia9.79.365.44.7-21.5%
Lithuania9.33.21.54.6-20.9%
Latvia9.64.65.51.5-46.1%
MalaysiaN/AN/A65.4N/A0%
Others33125.911.524.5-58.0%
Total711105361248-29.6%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Finland in 2022:

  1. Sweden (1329.0 kg)
  2. Kazakhstan (1115.0 kg)
  3. United States (755.0 kg)
  4. Russia (594.0 kg)
  5. Lithuania (247.0 kg)
  6. Estonia (133.0 kg)
  7. Canada (98.0 kg)
  8. Latvia (69.0 kg)

Source: IndexBox Market Intelligence Platform

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