Price for Machinery; Parts of the Machinery of Heading No. 8425 in Iran - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Iran (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Iran (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Iran
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Iran
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Iran (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $7,596 per ton, with an increase of 20% against the previous year. In general, the import price, however, saw a mild decline. The most prominent rate of growth was recorded in 2021 an increase of 30%. The import price peaked at $9,214 per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 Bulgaria ($18,114 per ton), while the price for Ukraine ($2,250 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+15.4%), 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 Iran (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $4,581 per ton, rising by 14% against the previous year. Overall, the export price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 83%. Over the period under review, the average export prices hit record highs at $16,955 per ton in 2018; however, from 2019 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 Ethiopia ($23,569 per ton), while the average price for exports to Rwanda ($241 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 Germany (+80.0%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Iran
For the third year in a row, Iran recorded decline in supplies from abroad of machinery; parts of the machinery of heading no. 8425, which decreased by -63.5% to 169 tons in 2022. In general, imports continue to indicate a precipitous curtailment. The smallest decline of -26.5% was in 2021.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 reduced dramatically to $1.3M in 2022. Over the period under review, imports saw a precipitous decline. The smallest decline of -4.3% was in 2021.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 774 | 820 | 306 | 208 | -35.5% |
| Turkey | 476 | 263 | 264 | 169 | -29.2% |
| China | 1,609 | 591 | 513 | 162 | -53.5% |
| Italy | 1,322 | 412 | 301 | 155 | -51.1% |
| United Arab Emirates | 867 | 381 | 498 | 99.4 | -51.4% |
| Bulgaria | 83.7 | 36.6 | 71.1 | 71.8 | -5.0% |
| Ukraine | 14.0 | 13.6 | 15.0 | 10.5 | -9.1% |
| Others | 591 | 547 | 965 | 411 | -11.4% |
| Total | 5,738 | 3,063 | 2,932 | 1,287 | -39.2% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Iran in 2022:
- Turkey (47.4 tons)
- India (40.8 tons)
- China (35.9 tons)
- Italy (18.8 tons)
- United Arab Emirates (6.7 tons)
- Ukraine (4.6 tons)
- Bulgaria (4.0 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Iran
In 2022, approx. 9.5 tons of machinery; parts of the machinery of heading no. 8425 were exported from Iran; with an increase of 313% against 2021 figures. Overall, exports recorded a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 skyrocketed to $44K in 2022. Over the period under review, exports recorded a significant increase. 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 Iran (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Ethiopia | 10.6 | 3.1 | 4.8 | 22.6 | 28.7% |
| Germany | N/A | N/A | 2.1 | 9.5 | 352.4% |
| Turkey | 0.3 | N/A | 0.9 | 3.4 | 124.6% |
| Iraq | 5.3 | 0.3 | 0.4 | 3.1 | -16.4% |
| Rwanda | N/A | N/A | N/A | 0.4 | 0% |
| United Arab Emirates | 1.2 | N/A | N/A | N/A | 0% |
| Qatar | 0.4 | 0.9 | N/A | N/A | 125.0% |
| Others | 2.1 | 0.6 | 1.1 | 4.7 | 30.8% |
| Total | 20.0 | 4.9 | 9.2 | 43.6 | 29.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Iran in 2022:
- Germany (2.6 tons)
- Iraq (2.5 tons)
- Turkey (1.6 tons)
- Rwanda (1.5 tons)
- Ethiopia (1.0 tons)
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