Price for Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan
Price for Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $65,777 per ton, waning by -20.7% against the previous year. In general, the import price, however, showed a strong expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 196% against the previous year. Over the period under review, average import prices attained the maximum at $99,257 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($356,549 per ton), while the price for China ($14,210 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+18.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $14,789 per ton, with an increase of 3.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 476% against the previous year. As a result, the export price attained the peak level of $56,990 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($235,000 per ton), while the average price for exports to Turkey ($733 per ton) was amongst the lowest.
From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+28.9%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan
In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into Azerbaijan expanded notably to 38 tons, with an increase of 7.5% against the previous year's figure. Overall, imports, however, continue to indicate a abrupt shrinkage.
In value terms, imports of machinery; parts of machinery of heading no. 8422 fell to $2.5M in 2022. In general, imports, however, showed a precipitous slump.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 1,927 | 1,372 | 1,221 | 995 | -19.8% |
| Germany | 1,121 | 1,021 | 712 | 458 | -25.8% |
| Turkey | 448 | 315 | 445 | 374 | -5.8% |
| China | 35.9 | 57.5 | 67.3 | 184 | 72.4% |
| Czech Republic | 4.0 | 42.5 | 8.5 | 113 | 204.6% |
| Iran | 8.5 | 10.3 | 3.8 | 13.0 | 15.2% |
| United Kingdom | 1,124 | 95.4 | 43.7 | 12.5 | -77.7% |
| Others | 715 | 608 | 443 | 360 | -20.4% |
| Total | 5,383 | 3,521 | 2,944 | 2,510 | -22.5% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Azerbaijan in 2022:
- Turkey (17.7 tons)
- China (12.9 tons)
- Italy (2.8 tons)
- Germany (1.5 tons)
- Iran (0.9 tons)
- Czech Republic (0.7 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan
In 2022, the amount of machinery; parts of machinery of heading no. 8422 exported from Azerbaijan declined dramatically to 19 kg, with a decrease of -20.8% on the previous year's figure. Over the period under review, exports saw a precipitous contraction. The pace of growth appeared the most rapid in 2021 with an increase of 300% against the previous year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 reduced remarkably to $281 in 2022. Overall, exports faced a significant decline. The most prominent rate of growth was recorded in 2021 when exports increased by 55% against the previous year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Azerbaijan (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 5,632 | 28.0 | 249 | 235 | -65.3% |
| Austria | 925 | 5.0 | 49.0 | 32.0 | -67.4% |
| Turkey | 155 | 1.0 | 12.0 | 11.0 | -58.6% |
| Georgia | 535 | 2.0 | 12.0 | 3.0 | -82.2% |
| Others | N/A | 185 | 21.0 | N/A | -88.6% |
| Total | 7,247 | 221 | 343 | 281 | -66.2% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Azerbaijan in 2022:
- Turkey (15.0 kg)
- Austria (2.0 kg)
- Georgia (1.0 kg)
- Germany (1.0 kg)
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