Price for Machinery; Parts of the Machinery of Heading No. 8425 in Brazil - 2024

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Brazil (CIF) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Brazil (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Brazil
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Brazil

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Brazil (CIF) - 2022

The average import price for machinery; parts of the machinery of heading no. 8425 stood at $13,061 per ton in 2022, increasing by 14% against the previous year. In general, import price indicated a temperate increase from 2012 to 2022: its price increased at an average annual rate of +2.2% 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 -8.9% against 2020 indices. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. As a result, import price reached the peak level of $16,048 per ton. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($55,996 per ton), while the price for China ($4,327 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+9.5%), 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 Brazil (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $9,280 per ton, rising by 29% against the previous year. Overall, the export price, however, recorded a slight decrease. The pace of growth appeared the most rapid in 2016 when the average export price increased by 108%. The export price peaked at $12,831 per ton in 2018; however, from 2019 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 the Netherlands ($101,750 per ton), while the average price for exports to Colombia ($2,454 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 (+7.9%), 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 Brazil

In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Brazil shrank slightly to 685 tons, with a decrease of -2.7% against 2021 figures. Overall, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +4.4% 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 +83.5% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 89% against the previous year. As a result, imports reached the peak of 704 tons, and then reduced slightly in the following year.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 rose markedly to $8.9M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.4% 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 +67.2% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 51%. Over the period under review, imports of machinery; parts of machinery of heading no. 8425 reached the maximum in 2022 and are likely to see steady growth in years to come.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Spain1,6637872,0291,7561.8%
Germany1,2649271,1701,6168.5%
China8886981,2281,49118.9%
United States1,5169478881,471-1.0%
Japan39034342262116.8%
Italy19813131142529.0%
Norway1621782811630.2%
Thailand4551.371.4117-36.4%
Poland0.1N/A27488.8861.2%
Argentina13362.014770.3-19.1%
Others7521,2791,2691,12614.4%
Total7,4225,3538,0908,9476.4%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Brazil in 2022:

  1. China (344.7 tons)
  2. Spain (132.8 tons)
  3. Japan (49.5 tons)
  4. United States (36.0 tons)
  5. Germany (28.9 tons)
  6. Thailand (19.0 tons)
  7. Italy (12.8 tons)
  8. Poland (11.0 tons)
  9. Argentina (8.9 tons)
  10. Norway (4.7 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Brazil

In 2022, exports of machinery; parts of the machinery of heading no. 8425 from Brazil amounted to 92 tons, almost unchanged from the year before. Overall, total exports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +9.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +57.9% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 58%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 attained the maximum in 2022 and are expected to retain growth in the near future.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $857K in 2022. The total export value increased at an average annual rate of +6.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Brazil (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany405206307304-9.1%
Argentina74.020177.023647.2%
Chile32.110.333.065.927.1%
Uruguay3.21.25.638.5129.1%
Paraguay10.18.313.222.831.2%
Mexico14.07.910.617.57.7%
Colombia7.59.70.91.5-41.5%
PolandN/A19.820.90.3-87.7%
JordanN/AN/A14.0N/A0%
Others172124182170-0.4%
Total7185896648576.1%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Brazil in 2022:

  1. Argentina (36.4 tons)
  2. Germany (30.7 tons)
  3. Chile (5.9 tons)
  4. Uruguay (5.7 tons)
  5. Mexico (3.5 tons)
  6. Paraguay (2.4 tons)
  7. Colombia (0.6 tons)
  8. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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