Price for Machinery; Parts of Machinery of Heading No. 8422 in Brazil - 2024
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Brazil (CIF) - 2024
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Brazil (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Brazil
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Brazil
Price for Machinery; Parts of Machinery of Heading No. 8422 in Brazil (CIF) - 2024
The average import price for machinery; parts of machinery of heading no. 8422 stood at $103K per ton in January 2024, with a decrease of -49.3% against the previous month. Over the period under review, the import price continues to indicate a deep reduction. The most prominent rate of growth was recorded in October 2023 an increase of 52% against the previous month. Over the period under review, average import prices attained the peak figure at $203K per ton in December 2023, and then dropped notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($480K per ton), while the price for China ($12,464 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by the United States (+3.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Brazil (FOB) - 2022
In 2022, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $46,317 per ton, rising by 21% against the previous year. In general, the export price, however, showed a abrupt decrease. The growth pace was the most rapid in 2017 when the average export price increased by 47% against the previous year. The export price peaked at $96,330 per ton in 2014; however, from 2015 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 Italy ($156,738 per ton), while the average price for exports to France ($14,500 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 Italy (+8.8%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Brazil
In 2022, overseas purchases of machinery; parts of machinery of heading no. 8422 decreased by -29.8% to 665 tons for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 28%. As a result, imports attained the peak of 948 tons, and then contracted sharply in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 fell to $87M in 2022. The total import value increased at an average annual rate of +5.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 19% against the previous year. As a result, imports reached the peak of $91M, and then dropped in the following year.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 21.4 | 22.2 | 23.9 | 27.9 | 9.2% |
| Germany | 25.7 | 20.3 | 25.1 | 20.4 | -7.4% |
| Switzerland | 4.0 | 4.2 | 9.5 | 9.6 | 33.9% |
| United States | 3.5 | 4.7 | 3.9 | 4.3 | 7.1% |
| Sweden | 3.9 | 3.6 | 3.8 | 3.9 | 0.0% |
| China | 3.2 | 4.1 | 6.7 | 3.3 | 1.0% |
| Spain | 2.6 | 2.3 | 2.9 | 2.8 | 2.5% |
| France | 3.0 | 2.1 | 2.6 | 2.7 | -3.5% |
| Netherlands | 0.7 | 0.7 | 0.9 | 1.8 | 37.0% |
| Poland | 0.2 | 0.4 | 0.6 | 0.4 | 26.0% |
| Others | 6.8 | 11.8 | 11.2 | 9.6 | 12.2% |
| Total | 75.0 | 76.3 | 91.1 | 86.9 | 5.0% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Brazil in 2022:
- Germany (139.1 tons)
- China (129.1 tons)
- Italy (125.9 tons)
- Spain (58.9 tons)
- United States (46.9 tons)
- Netherlands (30.6 tons)
- France (24.3 tons)
- Switzerland (15.4 tons)
- Sweden (11.8 tons)
- Poland (8.8 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Brazil
In 2022, after three years of growth, there was significant decline in shipments abroad of machinery; parts of machinery of heading no. 8422, when their volume decreased by -15.2% to 445 tons. Overall, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 91% against the previous year. As a result, the exports reached the peak of 525 tons, and then fell remarkably in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 reached $21M in 2022. The total export value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 31%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Brazil (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Mexico | 1.1 | 2.9 | 6.4 | 6.2 | 78.0% |
| Peru | 1.1 | 1.0 | 1.2 | 2.5 | 31.5% |
| Argentina | 2.5 | 1.3 | 2.1 | 2.0 | -7.2% |
| Chile | 1.6 | 1.5 | 1.4 | 1.5 | -2.1% |
| United States | 0.9 | 1.6 | 2.4 | 1.2 | 10.1% |
| Colombia | 1.4 | 1.0 | 0.6 | 1.1 | -7.7% |
| Bolivia | 0.7 | 0.4 | 0.5 | 0.7 | 0.0% |
| Paraguay | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
| Germany | 1.1 | 0.7 | 0.3 | 0.3 | -35.2% |
| Nicaragua | 0.1 | 0.1 | 0.1 | 0.3 | 44.2% |
| France | 0.1 | N/A | N/A | 0.1 | 0.0% |
| Others | 6.5 | 4.3 | 4.4 | 4.1 | -14.2% |
| Total | 17.6 | 15.4 | 20.1 | 20.6 | 5.4% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Brazil in 2022:
- Mexico (292.8 tons)
- Argentina (29.7 tons)
- Peru (20.5 tons)
- Paraguay (12.2 tons)
- Chile (11.1 tons)
- Colombia (10.5 tons)
- Bolivia (10.1 tons)
- United States (9.8 tons)
- Nicaragua (8.0 tons)
- France (7.1 tons)
- Germany (4.2 tons)
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