Price for Machinery; Parts of Machinery of Heading No. 8422 in Switzerland - 2024
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Switzerland (FOB) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Switzerland (CIF) - 2024
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Switzerland
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Switzerland
Price for Machinery; Parts of Machinery of Heading No. 8422 in Switzerland (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $222,287 per ton in 2022, declining by -6.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2020 an increase of 28%. Over the period under review, the average export prices reached the maximum at $237,347 per ton in 2021, and then dropped in the following year.
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 Netherlands ($528,688 per ton), while the average price for exports to Hungary ($69,943 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 (+8.3%), 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 Switzerland (CIF) - 2024
The average import price for machinery; parts of machinery of heading no. 8422 stood at $69,315 per ton in December 2023, rising by 18% against the previous month. Over the last eleven-month period, it increased at an average monthly rate of +3.5%. The growth pace was the most rapid in March 2023 when the average import price increased by 25% against the previous month. Over the period under review, average import prices hit record highs in December 2023.
There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Germany ($105K per ton), while the price for Slovakia ($13,828 per ton) was amongst the lowest.
From January 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), 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 Switzerland
Exports of machinery; parts of machinery of heading no. 8422 from Switzerland amounted to 1K tons in 2022, approximately mirroring 2021 figures. Overall, exports, however, recorded a mild decline. The pace of growth appeared the most rapid in 2021 when exports increased by 13%.
In value terms, exports of machinery; parts of machinery of heading no. 8422 fell to $230M in 2022. The total export value increased at an average annual rate of +5.6% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 16%. As a result, the exports attained the peak of $245M, and then reduced in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 30.5 | 33.8 | 45.8 | 50.1 | 18.0% |
| Germany | 40.6 | 52.1 | 44.9 | 41.2 | 0.5% |
| France | 14.2 | 14.5 | 21.5 | 17.1 | 6.4% |
| United Kingdom | 12.2 | 11.0 | 12.7 | 12.5 | 0.8% |
| Italy | 11.0 | 9.2 | 11.1 | 11.7 | 2.1% |
| Austria | 3.4 | 3.4 | 3.8 | 7.0 | 27.2% |
| Poland | 4.6 | 4.0 | 4.4 | 4.4 | -1.5% |
| Mexico | 2.6 | 2.0 | 3.1 | 4.0 | 15.4% |
| Hungary | 1.6 | 1.4 | 2.5 | 2.4 | 14.5% |
| Others | 74.5 | 79.6 | 95.0 | 79.3 | 2.1% |
| Total | 195 | 211 | 245 | 230 | 5.7% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Switzerland in 2022:
- Germany (378.3 tons)
- United States (144.5 tons)
- Italy (134.2 tons)
- France (49.3 tons)
- United Kingdom (39.1 tons)
- Hungary (34.3 tons)
- Mexico (17.1 tons)
- Poland (16.6 tons)
- Austria (16.0 tons)
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Switzerland
For the fourth consecutive year, Switzerland recorded growth in purchases abroad of machinery; parts of machinery of heading no. 8422, which increased by 1.3% to 3.8K tons in 2022. Over the period under review, imports saw significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 77%. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
In value terms, imports of machinery; parts of machinery of heading no. 8422 amounted to $206M in 2022. The total import value increased at an average annual rate of +7.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 8.7%. Over the period under review, imports of hit record highs in 2022 and are likely to see gradual growth in years to come.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 72.8 | 69.3 | 77.9 | 85.8 | 5.6% |
| Italy | 46.1 | 64.8 | 49.2 | 45.1 | -0.7% |
| Hungary | 5.7 | 6.0 | 6.6 | 13.0 | 31.6% |
| Poland | 6.1 | 6.8 | 8.5 | 10.0 | 17.9% |
| Czech Republic | 4.9 | 5.0 | 8.7 | 8.7 | 21.1% |
| Croatia | 2.9 | 1.8 | 2.7 | 4.0 | 11.3% |
| Austria | 3.3 | 3.6 | 3.4 | 3.1 | -2.1% |
| Slovakia | 0.8 | 0.9 | 1.6 | 1.7 | 28.6% |
| Others | 24.4 | 23.2 | 35.4 | 34.0 | 11.7% |
| Total | 167 | 181 | 194 | 206 | 7.2% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Switzerland in 2022:
- Germany (1237.2 tons)
- Italy (859.9 tons)
- Poland (630.2 tons)
- Hungary (349.1 tons)
- Croatia (124.5 tons)
- Czech Republic (119.3 tons)
- Slovakia (110.5 tons)
- Austria (59.3 tons)
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