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

Contents:

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

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

The average export price for machinery; parts of machinery of heading no. 8422 stood at $79,208 per ton in 2022, dropping by -21.5% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of 30% against the previous year. Over the period under review, the average export prices reached the maximum at $124,987 per ton in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($116,223 per ton), while the average price for exports to Germany ($54,046 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 France (+7.7%), 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 the Netherlands (CIF) - 2022

In 2022, the average import price for machinery; parts of machinery of heading no. 8422 amounted to $34,207 per ton, declining by -10.9% against the previous year. Overall, the import price, however, saw a pronounced increase. The pace of growth was the most pronounced in 2015 when the average import price increased by 36%. Over the period under review, average import prices hit record highs at $56,703 per ton in 2016; however, from 2017 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 the United States ($130,561 per ton), while the price for China ($11,303 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+8.5%), 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 the Netherlands

Exports of machinery; parts of machinery of heading no. 8422 from the Netherlands skyrocketed to 3.7K tons in 2022, jumping by 36% on 2021. Overall, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.6% against 2019 indices. 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 rose markedly to $291M in 2022. The total export value increased at an average annual rate of +5.3% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of Machinery of Heading No. 8422 in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany37.951.061.466.220.4%
Belgium31.423.739.843.811.7%
United States32.331.329.143.310.3%
France16.814.220.619.44.9%
United Kingdom16.821.912.112.9-8.4%
Italy6.36.311.19.514.7%
Sweden7.28.29.48.14.0%
Poland5.511.99.57.912.8%
Austria22.68.34.62.9-49.6%
Others72.779.674.977.12.0%
Total2502562732915.2%

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

  1. Germany (1224.8 tons)
  2. Belgium (623.4 tons)
  3. United States (462.7 tons)
  4. France (167.2 tons)
  5. United Kingdom (156.7 tons)
  6. Poland (119.7 tons)
  7. Sweden (102.3 tons)
  8. Italy (92.3 tons)
  9. Austria (32.6 tons)

Imports of Machinery; Parts of Machinery of Heading No. 8422 in the Netherlands

For the fourth consecutive year, the Netherlands recorded growth in overseas purchases of machinery; parts of machinery of heading no. 8422, which increased by 4.9% to 6.1K tons in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +18.3% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +65.4% against 2019 indices. The growth pace was the most rapid in 2021 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in years to come.

In value terms, imports of machinery; parts of machinery of heading no. 8422 contracted to $208M in 2022. The total import value increased at an average annual rate of +1.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, imports reached the peak of $223M, and then declined in the following year.

Import of Machinery; Parts of Machinery of Heading No. 8422 in the Netherlands (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany82.181.598.073.9-3.4%
Belgium15.214.322.521.612.4%
Italy11.711.120.120.420.4%
United States15.715.416.117.94.5%
United Kingdom15.08.27.59.3-14.7%
Sweden5.04.78.27.715.5%
Poland1.93.14.26.651.4%
China5.05.96.36.38.0%
Czech Republic4.34.03.06.213.0%
Spain3.32.14.34.914.1%
Slovakia15.312.76.24.7-32.5%
Denmark2.03.52.74.329.1%
France4.74.85.24.1-4.5%
Others17.214.618.720.15.3%
Total1981862232081.7%

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

  1. Germany (2021.6 tons)
  2. Belgium (848.9 tons)
  3. Italy (753.7 tons)
  4. China (557.4 tons)
  5. Sweden (372.0 tons)
  6. Poland (258.6 tons)
  7. United Kingdom (192.7 tons)
  8. Czech Republic (173.1 tons)
  9. United States (137.2 tons)
  10. France (126.8 tons)
  11. Spain (118.9 tons)
  12. Denmark (99.6 tons)
  13. Slovakia (89.5 tons)

Source: IndexBox Market Intelligence Platform

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