Which Country Imports the Most Machinery Parts in the World?

In 2016, approx. X tonnes of machinery parts were imported worldwide; coming down by -X% against the previous year figure. Overall, machinery parts imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011, an increase of X% y-o-y. In that year, global machinery parts imports reached its maximum volume of X tonnes. From 2012 to 2016, growth of global machinery parts imports stood at a somewhat lower level.

In value terms, machinery parts imports amounted to $X in 2016. In general, machinery parts imports continue to indicate a mild decline. Global machinery parts import peaked of $X in 2012; however, from 2013 to 2016, it failed to regain its strength.

Top Machinery Parts Importing Countries in the World

X. USA (X billion USD)

X. Germany (X billion USD)

X. Singapore (X billion USD)

X. France (X billion USD)

X. United Kingdom (X billion USD)

X. Japan (X billion USD)

X. China (X billion USD)

X. Italy (X billion USD)

X. Mexico (X billion USD)

X. South Korea (X billion USD)

X. Czech Republic (X billion USD)

X. Poland (X billion USD)

Machinery Parts Imports By Country

China (X tonnes) represented the major importing country with an import of about X tonnes, which finished at X% of total imports. It was distantly followed by Germany (X tonnes), the U.S. (X tonnes), South Korea (X tonnes), and Japan (X tonnes), together achieving X% share of total machinery parts imports. Italy (X tonnes), Mexico (X tonnes), Czech Republic (X tonnes), France (X tonnes), the UK (X tonnes), Singapore (X tonnes), and Poland (X tonnes) followed a long way behind this figure.

China experienced a relatively flat trend pattern. At the same time, Mexico (+X%), South Korea (+X%), and Czech Republic (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing importer/exporter in the world, with a CAGR of +X% from 2007-2016. Poland, the U.S., and Germany experienced a relatively flat trend pattern. By contrast, Italy (-X%), Japan (-X%), Singapore (-X%), the UK (-X%), and France (-X%) illustrated a downward trend over the same period. While the share of France (X%) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and Singapore ($X) constituted the countries with the highest levels of imports in 2016, together comprising X% of global imports.France, the UK, Japan, China, Italy, Mexico, South Korea, Czech Republic and Poland lagged somewhat behind, together comprising a further X%.

South Korea (+X% per year) recorded the highest rates of growth with regard to the machinery parts imports, among the main importing countries, over the last X year period, while the other global leaders experienced more modest paces of growth.

Machinery Parts Import Prices By Country

The average machinery parts import price stood at $X per tonne in 2016, dropping by -X% against the previous year. In general, machinery parts import price continues to indicate a slight slump. The growth pace was the most rapid in 2008, an increase of X% y-o-y. Global machinery parts import peaked of $X per tonne in 2012; however, from 2013 to 2016, it failed to regain its strength.

There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was the U.S. ($X per kg), while China ($X per tonne) was among the lowest.

From 2007 to 2016, the most notable growth rate of machinery parts import prices was attained by Japan (+X% per year), while the other global leaders experienced more modest paces of growth.

Do you want to know more about global machinery parts market? Get the latest trends and insight from our report. It includes a wide range of statistics on

• machinery parts market share
• machinery parts prices
• machinery parts industry
• machinery parts sales
• machinery parts import
• machinery parts export
• machinery parts market forecast
• machinery parts price forecast
• key machinery parts producers

This article was written on the product's HS-code: X.

Source: IndexBox Platform