Price for Machinery; Parts of the Machinery of Heading No. 8427 in Canada - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Canada (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Canada (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Canada
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Canada
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Canada (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $12,669 per ton in 2022, surging by 20% against the previous year. In general, the import price, however, saw a noticeable decrease. Over the period under review, average import prices attained the maximum at $15,667 per ton in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($12,669 per ton) and Sri Lanka ($12,669 per ton), while the price for China ($12,669 per ton) and Italy ($12,669 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (-2.0%), while the prices for the other major suppliers experienced a decline.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Canada (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $11,345 per ton, falling by -21.3% against the previous year. Overall, the export price continues to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2014 an increase of 11%. As a result, the export price attained the peak level of $16,671 per ton. From 2015 to 2022, the average export prices remained at a lower figure.
Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($11,345 per ton), while the average price for exports to China stood at $11,345 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (-2.8%).
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Canada
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Canada reduced slightly to 22K tons, approximately equating the previous year. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of 22K tons, leveling off in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 skyrocketed to $281M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +5.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +72.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 93.7 | 79.5 | 90.2 | 94.3 | 0.2% |
| China | 46.3 | 28.3 | 58.7 | 81.2 | 20.6% |
| Italy | 36.5 | 17.3 | 28.4 | 32.1 | -4.2% |
| Sri Lanka | 11.5 | 6.8 | 13.8 | 13.0 | 4.2% |
| Hungary | 14.0 | 4.6 | 10.9 | 11.6 | -6.1% |
| Germany | 9.1 | 6.6 | 10.5 | 10.1 | 3.5% |
| Others | 27.4 | 19.9 | 23.4 | 38.5 | 12.0% |
| Total | 239 | 163 | 236 | 281 | 5.5% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Canada in 2022:
- United States (7.4K tons)
- China (6.4K tons)
- Italy (2.5K tons)
- Sri Lanka (1.0K tons)
- Hungary (0.9K tons)
- Germany (0.8K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Canada
In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Canada surged to 16K tons, growing by 27% against the previous year's figure. In general, total exports indicated strong growth from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +74.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 37%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 totaled $185M in 2022. The total export value increased at an average annual rate of +2.7% 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 when exports increased by 40% against the previous year. Over the period under review, the exports of machinery; parts of machinery of heading no. 8427 attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 141 | 127 | 179 | 172 | 6.8% |
| China | 16.8 | 0.5 | 0.7 | 2.0 | -50.8% |
| Others | 13.4 | 4.8 | 5.4 | 11.2 | -5.8% |
| Total | 171 | 132 | 185 | 185 | 2.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Canada in 2022:
- United States (15.2K tons)
- China (0.2K tons)
292
This report provides an in-depth analysis of the construction equipment blade market in Canada.
336
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Canada.
370
This report provides an in-depth analysis of the colloidal precious metals market in Canada.
497
This report provides an in-depth analysis of the global construction equipment blade market.
479
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
520
This report provides an in-depth analysis of the global colloidal precious metals market.
292
This report provides an in-depth analysis of the construction equipment blade market in Canada.
336
This report provides an in-depth analysis of the market for ship derrick buckets and shovels in Canada.
497
This report provides an in-depth analysis of the global construction equipment blade market.
479
This report provides an in-depth analysis of the global market for ship derrick buckets and shovels.
306
Explore the top import markets for colloidal precious metals across the world, including India, Mexico, Germany, and more. Learn about the import values, key statistics, and market trends. Dive into the market intelligence provided by IndexBox for informed decision-making.
1907
In value terms, colloidal precious metals imports stood at $X in 2016. In general, colloidal precious metals imports continue to indicate a pronounced decrease. Over the period under review, global...
1451
In value terms, colloidal precious metals exports amounted to $X in 2016. In general, colloidal precious metals exports continue to indicate a significant slump. Global colloidal precious metals ex...
