Price for Machinery; Parts of the Machinery of Heading No. 8425 in Argentina - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $10,710 per ton, surging by 10% against the previous year. Overall, import price indicated temperate growth from 2012 to 2022: its price increased at an average annual rate of +4.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machinery; parts of the machinery of heading no. 8425 decreased by -4.1% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of 58%. Over the period under review, average import prices attained the peak figure at $11,169 per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($40,842 per ton), while the price for Canada ($4,639 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $31,692 per ton, declining by -4.5% against the previous year. Over the period under review, the export price, however, continues to indicate a buoyant increase. The pace of growth appeared the most rapid in 2020 when the average export price increased by 87% against the previous year. Over the period under review, the average export prices attained the peak figure at $33,194 per ton in 2021, and then declined modestly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Uruguay ($81,021 per ton), while the average price for exports to Paraguay ($17,684 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 Uruguay (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Argentina expanded notably to 171 tons, growing by 6.9% compared with 2021 figures. The total import volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 26%. Imports peaked in 2022 and are expected to retain growth in years to come.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $1.8M in 2022. The total import value increased at an average annual rate of +6.0% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 197 | 283 | 428 | 494 | 35.9% |
| United States | 385 | 246 | 210 | 380 | -0.4% |
| Brazil | 70.0 | 204 | 150 | 195 | 40.7% |
| Canada | 312 | 147 | 188 | 188 | -15.5% |
| Germany | 317 | 237 | 234 | 119 | -27.9% |
| Spain | 76.3 | 48.6 | 104 | 91.7 | 6.3% |
| Others | 179 | 249 | 240 | 363 | 26.6% |
| Total | 1,536 | 1,413 | 1,554 | 1,831 | 6.0% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Argentina in 2022:
- China (75.6 tons)
- Canada (40.5 tons)
- Brazil (25.8 tons)
- United States (10.0 tons)
- Spain (3.5 tons)
- Germany (2.9 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina
In 2022, overseas shipments of machinery; parts of the machinery of heading no. 8425 were finally on the rise to reach 3.1 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports, however, faced a dramatic decline.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 surged to $98K in 2022. Over the period under review, exports, however, saw a deep slump.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Argentina (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 145 | 85.9 | 53.1 | 81.0 | -17.6% |
| Uruguay | 7.4 | 0.2 | N/A | 11.8 | 16.8% |
| Chile | 9.0 | 1.4 | N/A | 3.4 | -27.7% |
| Paraguay | 17.8 | 1.7 | N/A | 1.4 | -57.2% |
| Others | 4.5 | 1.6 | N/A | N/A | -64.4% |
| Total | 184 | 90.9 | 53.1 | 97.6 | -19.1% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Argentina in 2022:
- Brazil (2719.0 kg)
- Uruguay (146.0 kg)
- Chile (136.0 kg)
- Paraguay (79.0 kg)
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