Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway - 2024
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway (CIF) - 2024
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Norway
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Norway
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway (CIF) - 2024
In January 2024, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $20,860 per ton, which is down by -35.7% against the previous month. In general, import price indicated a slight expansion from January 2023 to January 2024: its price increased at an average monthly rate of +1.7% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on January 2024 figures, import price for machinery; parts of the machinery of heading no. 8425 decreased by -35.7% against December 2023 indices. The growth pace was the most rapid in March 2023 when the average import price increased by 77% against the previous month. Over the period under review, average import prices hit record highs at $32,445 per ton in December 2023, and then shrank notably in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($48,759 per ton), while the price for Romania ($8,944 per ton) was amongst the lowest.
From January 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Poland (+7.6%), 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 Norway (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $26,736 per ton, rising by 9.9% against the previous year. In general, the export price, however, saw a pronounced decrease. The most prominent rate of growth was recorded in 2020 an increase of 18% against the previous year. The export price peaked at $38,101 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 Sweden ($84,702 per ton), while the average price for exports to Italy ($5,878 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 Sweden (+6.8%), 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 Norway
In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Norway fell markedly to 2K tons, with a decrease of -26.1% against the previous year. Over the period under review, imports faced a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when imports increased by 47%.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 declined remarkably to $31M in 2022. Overall, imports faced a deep contraction. The growth pace was the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of $47M, and then contracted sharply in the following year.
Import of Machinery; Parts of the Machinery of Heading No. 8425 in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 3.6 | 5.4 | 4.4 | 4.0 | 3.6% |
Poland | 7.1 | 4.4 | 6.9 | 3.3 | -22.5% |
Denmark | 5.9 | 3.3 | 4.7 | 3.1 | -19.3% |
Germany | 4.5 | 2.9 | 2.8 | 2.9 | -13.6% |
Italy | 5.1 | 1.8 | 2.7 | 2.8 | -18.1% |
Taiwan (Chinese) | N/A | 0.5 | 1.1 | 2.3 | 114.5% |
Sweden | 1.5 | 1.1 | 1.4 | 2.0 | 10.1% |
Finland | 0.1 | 0.1 | 0.2 | 1.3 | 135.1% |
United States | 3.6 | 1.2 | 14.3 | 1.2 | -30.7% |
Netherlands | 1.9 | 0.8 | 0.9 | 1.0 | -19.3% |
China | 1.9 | 1.0 | 1.5 | 1.0 | -19.3% |
Croatia | 0.1 | 0.1 | 0.8 | 0.7 | 91.3% |
Serbia | 0.2 | 0.3 | 1.0 | 0.4 | 26.0% |
Others | 8.2 | 7.1 | 4.7 | 4.6 | -17.5% |
Total | 43.6 | 30.0 | 47.3 | 30.7 | -11.0% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Norway in 2022:
- United Kingdom (324.9 tons)
- Poland (269.9 tons)
- Italy (233.3 tons)
- Denmark (165.5 tons)
- Germany (143.6 tons)
- China (142.7 tons)
- Sweden (89.3 tons)
- United States (86.1 tons)
- Taiwan (Chinese) (79.2 tons)
- Netherlands (77.5 tons)
- Croatia (67.7 tons)
- Serbia (65.9 tons)
- Finland (41.2 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Norway
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Norway declined to 1.1K tons, with a decrease of -14% compared with 2021. Over the period under review, exports faced a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 42%.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 shrank to $29M in 2022. In general, exports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2021 with an increase of 15%.
Export of Machinery; Parts of the Machinery of Heading No. 8425 in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 3.9 | 1.7 | 3.1 | 4.5 | 4.9% |
United Kingdom | 5.7 | 3.6 | 6.8 | 4.1 | -10.4% |
Denmark | 4.8 | 2.4 | 0.9 | 2.3 | -21.7% |
Sweden | 0.6 | 0.4 | 1.6 | 2.0 | 49.4% |
China | 2.6 | 0.3 | 1.2 | 1.5 | -16.8% |
Spain | 0.4 | 0.5 | 0.4 | 1.5 | 55.4% |
United States | 2.0 | 2.6 | 3.1 | 1.2 | -15.7% |
Singapore | 1.6 | 0.5 | 1.5 | 1.0 | -14.5% |
Netherlands | 4.3 | 1.5 | 0.8 | 0.9 | -40.6% |
Canada | 0.2 | 0.3 | 0.2 | 0.8 | 58.7% |
Germany | 1.4 | 2.1 | 0.5 | 0.7 | -20.6% |
Italy | 0.1 | N/A | 0.1 | 0.6 | 81.7% |
Lithuania | 0.5 | 0.3 | 0.3 | 0.3 | -15.7% |
Others | 14.1 | 10.5 | 9.9 | 7.6 | -18.6% |
Total | 42.1 | 26.6 | 30.5 | 28.8 | -11.9% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Norway in 2022:
- United Kingdom (246.8 tons)
- Poland (150.8 tons)
- Denmark (112.3 tons)
- Italy (105.7 tons)
- Lithuania (46.6 tons)
- Canada (37.0 tons)
- China (36.6 tons)
- Spain (34.1 tons)
- Singapore (28.4 tons)
- United States (26.3 tons)
- Germany (24.3 tons)
- Sweden (23.4 tons)
- Netherlands (23.0 tons)
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