Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $7,976 per ton in 2022, falling by -2.7% against the previous year. Overall, import price indicated a noticeable 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, import price for machine-tools; parts and accessories, for the machines of heading no. 8464 increased by +11.1% against 2018 indices. The growth pace was the most rapid in 2018 when the average import price increased by 64% against the previous year. Over the period under review, average import prices hit record highs at $8,199 per ton in 2021, and then reduced modestly in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($22,230 per ton), while the price for South Korea ($3,797 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+1.8%), 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 Indonesia (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $96,060 per ton, declining by -11% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 418% against the previous year. As a result, the export price attained the peak level of $434,556 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 Singapore ($800,500 per ton), while the average price for exports to Malaysia ($76,100 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 Japan (+10.2%), 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 Indonesia
In 2022, supplies from abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 was finally on the rise to reach 609 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt contraction.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $4.9M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 24%. Imports peaked in 2022 and are likely to see gradual growth in the near future.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 1,636 | 1,206 | 1,491 | 1,908 | 5.3% |
| Italy | 1,245 | 778 | 1,024 | 1,712 | 11.2% |
| South Korea | 435 | 198 | 138 | 117 | -35.4% |
| Hong Kong SAR | 83.5 | 116 | 39.3 | 46.9 | -17.5% |
| Taiwan (Chinese) | 326 | 122 | 67.1 | 42.5 | -49.3% |
| Others | 1,061 | 965 | 1,435 | 1,032 | -0.9% |
| Total | 4,788 | 3,384 | 4,194 | 4,858 | 0.5% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Indonesia in 2022:
- China (473.6 tons)
- Italy (77.0 tons)
- South Korea (30.8 tons)
- Taiwan (Chinese) (9.9 tons)
- Hong Kong SAR (6.8 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia
In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Indonesia skyrocketed to 267 kg, surging by 22% compared with the year before. Overall, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 1,780% against the previous year. As a result, the exports reached the peak of 1 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded notably to $26K in 2022. In general, exports enjoyed a noticeable expansion. The growth pace was the most rapid in 2020 with an increase of 362%. As a result, the exports attained the peak of $108K. From 2021 to 2022, the growth of the exports of failed to regain momentum.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Indonesia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malaysia | N/A | 40.9 | 21.8 | 19.7 | -30.6% |
| Singapore | 22.7 | 1.5 | 1.3 | 1.6 | -58.7% |
| United Arab Emirates | N/A | 10.4 | N/A | N/A | 0% |
| Others | 0.8 | 55.5 | 0.4 | 4.3 | 75.2% |
| Total | 23.5 | 108 | 23.5 | 25.6 | 2.9% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Indonesia in 2022:
- Malaysia (259.0 kg)
- Singapore (2.0 kg)
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