Price for Machinery; Parts of Machinery of Heading No. 8422 in Bolivia - 2023

Contents:

1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Bolivia (CIF) - 2022
2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Bolivia (FOB) - 2022
3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Bolivia
4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Bolivia

Price for Machinery; Parts of Machinery of Heading No. 8422 in Bolivia (CIF) - 2022

The average import price for machinery; parts of machinery of heading no. 8422 stood at $27,718 per ton in 2022, reducing by -29.5% against the previous year. Over the period under review, the import price recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when the average import price increased by 38%. The import price peaked at $111,166 per ton in 2014; however, from 2015 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 the United States ($52,293 per ton), while the price for China ($11,474 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.9%), while the prices for the other major suppliers experienced a decline.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Bolivia (FOB) - 2022

The average export price for machinery; parts of machinery of heading no. 8422 stood at $74,135 per ton in 2022, rising by 85% against the previous year. In general, the export price, however, recorded a pronounced shrinkage. The export price peaked at $164,078 per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($307,000 per ton), while the average price for exports to Italy ($48,575 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 the United States (+20.7%), while the prices for the other major destinations experienced a decline.

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Bolivia

In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into Bolivia skyrocketed to 167 tons, growing by 62% compared with 2021. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +8.2% 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 +66.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of machinery of heading no. 8422 expanded remarkably to $4.6M in 2022. In general, imports, however, saw a deep downturn.

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Bolivia in 2022:

1. Italy (54.0 tons)
2. Germany (27.7 tons)
3. Brazil (18.0 tons)
4. France (17.2 tons)
5. Argentina (14.8 tons)
6. China (12.6 tons)
7. Ireland (4.1 tons)
8. United States (3.1 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Bolivia

In 2022, shipments abroad of machinery; parts of machinery of heading no. 8422 increased by 420% to 52 kg for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machinery; parts of machinery of heading no. 8422 skyrocketed to $3.9K in 2022. Overall, exports posted a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Bolivia in 2022:

1. Italy (40.0 kg)
2. Germany (11.0 kg)
3. Chile (1.0 kg)

Source: IndexBox Market Intelligence Platform