Price for Machinery; Parts of the Machinery of Heading No. 8425 in Austria - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Austria (CIF) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Austria (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Austria
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Austria
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Austria (CIF) - 2023
In November 2023, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $18,451 per ton, falling by -4.3% against the previous month. In general, the import price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 35% month-to-month. As a result, import price reached the peak level of $25,691 per ton. From September 2023 to November 2023, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was India ($44,933 per ton), while the price for Bosnia and Herzegovina ($7,567 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by China (+7.3%), 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 Austria (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $12,139 per ton, waning by -3.7% against the previous year. Overall, the export price saw a pronounced shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 17% against the previous year. The export price peaked at $17,399 per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($22,669 per ton), while the average price for exports to Hungary ($7,369 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 Slovakia (+7.2%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Austria
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Austria rose notably to 2.2K tons, increasing by 7.9% on the previous year. Overall, imports, however, recorded a deep downturn.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $28M in 2022. The total import value increased at an average annual rate of +4.6% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. 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 Austria (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 10.6 | 10.9 | 12.0 | 15.3 | 13.0% |
| Slovenia | 4.5 | 2.8 | 3.0 | 4.4 | -0.7% |
| Italy | 3.4 | 3.4 | 3.3 | 3.1 | -3.0% |
| China | 2.9 | 0.7 | 0.9 | 1.2 | -25.5% |
| Slovakia | 0.2 | 0.5 | 0.6 | 1.0 | 71.0% |
| Czech Republic | 0.8 | 0.4 | 0.2 | 0.3 | -27.9% |
| Hungary | 0.1 | N/A | N/A | 0.3 | 44.2% |
| Others | 2.3 | 1.7 | 2.5 | 2.7 | 5.5% |
| Total | 24.9 | 20.6 | 22.4 | 28.5 | 4.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Austria in 2022:
- Germany (839.4 tons)
- Slovenia (504.4 tons)
- China (295.4 tons)
- Italy (272.4 tons)
- Slovakia (50.3 tons)
- Czech Republic (33.3 tons)
- Hungary (32.7 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Austria
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Austria shrank to 519 tons, declining by -7.2% against the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 26% against the previous year. As a result, the exports reached the peak of 559 tons, and then reduced in the following year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 declined to $6.3M in 2022. The total export value increased at an average annual rate of +2.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 24% against the previous year. As a result, the exports reached the peak of $7M, and then reduced in the following year.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Austria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 1,790 | 1,526 | 1,989 | 2,077 | 5.1% |
| Germany | 1,686 | 1,881 | 2,053 | 2,061 | 6.9% |
| Netherlands | 47.0 | 19.3 | 23.5 | 252 | 75.0% |
| France | 164 | 72.2 | 128 | 161 | -0.6% |
| United States | 592 | 423 | 258 | 110 | -42.9% |
| Italy | 165 | 52.1 | 232 | 93.7 | -17.2% |
| Slovakia | 317 | 113 | 387 | 83.3 | -35.9% |
| Others | 1,036 | 1,596 | 1,975 | 1,456 | 12.0% |
| Total | 5,797 | 5,682 | 7,044 | 6,295 | 2.8% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Austria in 2022:
- Hungary (281.9 tons)
- Germany (142.1 tons)
- Netherlands (15.3 tons)
- France (10.7 tons)
- Italy (7.1 tons)
- Slovakia (6.9 tons)
- United States (2.5 tons)
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