Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia - 2022
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia (CIF) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia (FOB) - 2022
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia (CIF) - 2022
In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $19,594 per ton, falling by -47.4% against the previous year. Overall, the import price continues to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2018 an increase of 34% against the previous year. Over the period under review, average import prices reached the peak figure at $44,011 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
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 Belgium ($358,000 per ton), while the price for China ($12,637 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+26.2%), 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 Russia (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $49,783 per ton, surging by 284% against the previous year. Over the period under review, the export price posted a prominent expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($103,033 per ton), while the average price for exports to Sweden ($7,907 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 Latvia (+68.7%), 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 Russia
In 2022, purchases abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 increased by 30% to 339 tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +7.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped sharply to $6.6M in 2022. In general, imports, however, showed a deep slump. The pace of growth appeared the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $9.7M, and then contracted rapidly in the following year.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 0.9 | 1.1 | 1.4 | 2.9 | 47.7% |
| Italy | 2.1 | 2.1 | 2.3 | 1.7 | -6.8% |
| Turkey | N/A | N/A | N/A | 0.6 | 0% |
| Germany | 1.4 | 1.9 | 2.4 | 0.5 | -29.1% |
| Canada | 0.1 | 0.5 | 0.5 | 0.2 | 26.0% |
| Lithuania | 1.8 | 1.1 | 1.1 | 0.1 | -61.8% |
| Austria | 0.5 | 0.5 | 0.6 | 0.1 | -41.5% |
| Others | 1.5 | 1.2 | 1.4 | 0.6 | -26.3% |
| Total | 8.4 | 8.4 | 9.7 | 6.6 | -7.7% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Russia in 2022:
- China (228.3 tons)
- Turkey (43.3 tons)
- Italy (40.8 tons)
- Germany (7.8 tons)
- Austria (3.2 tons)
- Lithuania (2.8 tons)
- Canada (2.2 tons)
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia
In 2022, approx. 1.2 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from Russia; shrinking by -95.2% compared with 2021. Overall, exports showed a precipitous setback. The smallest decline of -26.5% was in 2020.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell dramatically to $60K in 2022. In general, exports faced a sharp downturn. The growth pace was the most rapid in 2021 with an increase of 35%.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 0.1 | N/A | 0.3 | 31.6 | 581.1% |
| Slovenia | 2.7 | 3.4 | 7.5 | 14.2 | 73.9% |
| Austria | 4.4 | 28.8 | 9.4 | 4.3 | -0.8% |
| Switzerland | 30.0 | N/A | 1.6 | 3.1 | -53.1% |
| Kazakhstan | 49.3 | 17.7 | 12.6 | 2.8 | -61.6% |
| Sweden | N/A | 0.1 | 2.4 | 1.2 | 246.4% |
| Bulgaria | N/A | N/A | 80.4 | N/A | 0% |
| Germany | 134 | 126 | 56.9 | N/A | -34.8% |
| India | N/A | N/A | 89.5 | N/A | 0% |
| Belarus | 112 | 24.6 | 18.6 | N/A | -59.2% |
| Others | 41.8 | 39.2 | 45.4 | 2.5 | -60.9% |
| Total | 374 | 240 | 325 | 59.5 | -45.8% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Russia in 2022:
- Slovenia (556.0 kg)
- France (337.0 kg)
- Sweden (150.0 kg)
- Kazakhstan (60.0 kg)
- Austria (50.0 kg)
- Switzerland (30.0 kg)
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