Price for Machinery; Parts of Machinery of Heading No. 8422 in Greece - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Greece (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Greece (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Greece
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Greece
Price for Machinery; Parts of Machinery of Heading No. 8422 in Greece (CIF) - 2022
In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $34,435 per ton, jumping by 33% against the previous year. In general, the import price continues to indicate a mild increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
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 the UK ($218,677 per ton), while the price for Luxembourg ($13,409 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+14.0%), 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 Greece (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $31,135 per ton in 2022, falling by -51.4% against the previous year. Overall, the export price, however, enjoyed a strong expansion. The most prominent rate of growth was recorded in 2013 when the average export price increased by 81% against the previous year. The export price peaked at $64,109 per ton in 2021, and then dropped sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($81,848 per ton), while the average price for exports to North Macedonia ($4,926 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 Romania (+15.4%), 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 Greece
In 2022, purchases abroad of machinery; parts of machinery of heading no. 8422 decreased by -33.9% to 1.3K tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a abrupt downturn. The pace of growth was the most pronounced in 2020 when imports increased by 25% against the previous year. As a result, imports attained the peak of 2.4K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of machinery; parts of machinery of heading no. 8422 shrank to $45M in 2022. In general, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2020 when imports increased by 23% against the previous year. As a result, imports reached the peak of $61M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Greece (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 16.2 | 26.3 | 16.6 | 16.0 | -0.4% |
| Germany | 13.6 | 13.7 | 14.9 | 15.9 | 5.3% |
| Netherlands | 2.5 | 1.2 | 2.5 | 2.7 | 2.6% |
| France | 3.3 | 3.2 | 4.5 | 2.6 | -7.6% |
| Spain | 1.0 | 1.3 | 2.1 | 0.8 | -7.2% |
| China | 0.3 | 0.2 | 1.0 | 0.7 | 32.6% |
| Luxembourg | 0.1 | 0.1 | 0.1 | 0.5 | 71.0% |
| Bulgaria | 0.6 | 1.5 | 3.2 | 0.4 | -12.6% |
| Romania | 0.4 | 1.8 | 1.4 | 0.3 | -9.1% |
| United Kingdom | 3.7 | 3.5 | 0.3 | 0.3 | -56.7% |
| Poland | 0.5 | 0.4 | 0.7 | 0.2 | -26.3% |
| Others | 7.3 | 7.8 | 4.5 | 5.0 | -11.9% |
| Total | 49.6 | 60.8 | 51.7 | 45.4 | -2.9% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Greece in 2022:
- Italy (581.8 tons)
- Germany (325.9 tons)
- France (88.0 tons)
- Netherlands (86.9 tons)
- Luxembourg (36.4 tons)
- China (36.0 tons)
- Bulgaria (28.6 tons)
- Poland (23.7 tons)
- Spain (16.4 tons)
- Romania (14.1 tons)
- United Kingdom (1.6 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Greece
In 2022, approx. 89 tons of machinery; parts of machinery of heading no. 8422 were exported from Greece; rising by 11% against the previous year's figure. Overall, exports, however, recorded a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 20%.
In value terms, exports of machinery; parts of machinery of heading no. 8422 fell significantly to $2.8M in 2022. Over the period under review, exports, however, faced a drastic downturn. The growth pace was the most rapid in 2021 when exports increased by 109%.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Greece (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Arab Emirates | 0.3 | 2.6 | 1.7 | 613 | 1169.0% |
| Cyprus | 754 | 614 | 726 | 504 | -12.6% |
| Romania | 182 | 121 | 2,051 | 244 | 10.3% |
| Italy | 203 | 35.9 | 59.4 | 169 | -5.9% |
| Germany | 73.2 | 154 | 52.3 | 159 | 29.5% |
| Poland | 5.5 | 8.0 | 9.1 | 104 | 166.4% |
| France | 29.5 | 32.4 | 8.8 | 87.3 | 43.6% |
| Bulgaria | 2,680 | 565 | 31.3 | 70.4 | -70.3% |
| Netherlands | 0.6 | 24.9 | 30.6 | 42.4 | 313.4% |
| Spain | 4.2 | 1.0 | 35.8 | 27.3 | 86.6% |
| North Macedonia | 38.7 | 0.8 | 0.4 | 19.1 | -21.0% |
| Colombia | 475 | 68.1 | N/A | N/A | -85.7% |
| Others | 788 | 847 | 2,158 | 737 | -2.2% |
| Total | 5,234 | 2,475 | 5,166 | 2,777 | -19.0% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Greece in 2022:
- United Arab Emirates (23.9 tons)
- Cyprus (13.6 tons)
- Germany (8.1 tons)
- France (7.9 tons)
- Romania (5.0 tons)
- Spain (4.8 tons)
- Italy (4.1 tons)
- North Macedonia (3.9 tons)
- Bulgaria (2.9 tons)
- Netherlands (2.6 tons)
- Poland (1.9 tons)
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