Price for Machinery; Parts of Machinery of Heading No. 8422 in Denmark - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Denmark (FOB) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Denmark (CIF) - 2022
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Denmark
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Denmark
Price for Machinery; Parts of Machinery of Heading No. 8422 in Denmark (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $73,613 per ton in 2022, approximately mirroring the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 an increase of 19%. The export price peaked at $74,983 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($139,441 per ton), while the average price for exports to Israel ($16,206 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 Netherlands (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Denmark (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $42,208 per ton in 2022, with an increase of 38% against the previous year. Overall, the import price saw slight growth. The import price peaked at $42,996 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($93,433 per ton), while the price for Lithuania ($5,988 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sri Lanka (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Denmark
In 2022, exports of machinery; parts of machinery of heading no. 8422 from Denmark reduced to 1K tons, with a decrease of -11.9% against the previous year. In general, exports continue to indicate a pronounced curtailment. The growth pace was the most rapid in 2021 with an increase of 13%. As a result, the exports attained the peak of 1.2K tons, and then contracted in the following year.
In value terms, exports of machinery; parts of machinery of heading no. 8422 contracted to $76M in 2022. Over the period under review, exports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. As a result, the exports attained the peak of $86M, and then reduced in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.0 | 12.4 | 10.4 | 11.1 | 3.5% |
| Sweden | 15.3 | 6.7 | 9.3 | 7.6 | -20.8% |
| France | 6.2 | 7.8 | 10.1 | 7.3 | 5.6% |
| United States | 5.3 | 6.7 | 9.8 | 7.0 | 9.7% |
| United Kingdom | 5.9 | 6.8 | 4.0 | 3.2 | -18.4% |
| Poland | 1.3 | 1.8 | 2.9 | 2.6 | 26.0% |
| Netherlands | 1.8 | 1.6 | 1.7 | 2.5 | 11.6% |
| Italy | 2.0 | 1.9 | 1.7 | 2.4 | 6.3% |
| Norway | 2.2 | 2.3 | 3.6 | 2.3 | 1.5% |
| Belgium | 1.3 | 1.2 | 2.1 | 2.2 | 19.2% |
| Sri Lanka | 2.1 | 1.7 | 2.4 | 2.1 | 0.0% |
| Australia | 0.5 | 1.4 | 1.1 | 1.4 | 40.9% |
| Israel | 0.4 | 0.3 | 0.5 | 0.6 | 14.5% |
| Others | 27.4 | 24.9 | 26.6 | 23.4 | -5.1% |
| Total | 81.7 | 77.7 | 86.4 | 75.6 | -2.6% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Denmark in 2022:
- Sweden (111.3 tons)
- Germany (102.5 tons)
- France (100.7 tons)
- Australia (70.3 tons)
- Sri Lanka (69.5 tons)
- Belgium (50.8 tons)
- United States (50.2 tons)
- United Kingdom (46.2 tons)
- Norway (41.7 tons)
- Israel (35.3 tons)
- Italy (33.4 tons)
- Poland (31.9 tons)
- Netherlands (21.8 tons)
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Denmark
In 2022, the amount of machinery; parts of machinery of heading no. 8422 imported into Denmark shrank rapidly to 1.6K tons, with a decrease of -23.7% against 2021 figures. Overall, imports recorded a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 2.5% against the previous year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 rose markedly to $67M in 2022. The total import value increased at an average annual rate of +1.3% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Denmark (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 17.7 | 17.6 | 16.3 | 19.4 | 3.1% |
| Sweden | 9.3 | 7.8 | 9.1 | 10.9 | 5.4% |
| Poland | 10.4 | 7.6 | 10.5 | 9.1 | -4.4% |
| Italy | 5.0 | 5.1 | 7.0 | 7.3 | 13.4% |
| Netherlands | 3.2 | 3.9 | 5.2 | 5.7 | 21.2% |
| Sri Lanka | 3.3 | 1.6 | 2.2 | 1.7 | -19.8% |
| Czech Republic | 0.9 | 0.9 | 0.8 | 0.9 | 0.0% |
| Lithuania | 0.7 | 0.9 | 0.8 | 0.7 | 0.0% |
| Ukraine | 0.8 | 1.2 | 1.6 | 0.3 | -27.9% |
| Others | 13.2 | 16.5 | 10.0 | 10.9 | -6.2% |
| Total | 64.5 | 63.0 | 63.6 | 67.1 | 1.3% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Denmark in 2022:
- Poland (379.6 tons)
- Sweden (241.3 tons)
- Germany (207.8 tons)
- Italy (158.5 tons)
- Lithuania (124.3 tons)
- Czech Republic (115.6 tons)
- Sri Lanka (103.6 tons)
- Netherlands (84.4 tons)
- Ukraine (22.4 tons)
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