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

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway (CIF) - 2024
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Norway (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Norway
  4. 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)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.65.44.44.03.6%
Poland7.14.46.93.3-22.5%
Denmark5.93.34.73.1-19.3%
Germany4.52.92.82.9-13.6%
Italy5.11.82.72.8-18.1%
Taiwan (Chinese)N/A0.51.12.3114.5%
Sweden1.51.11.42.010.1%
Finland0.10.10.21.3135.1%
United States3.61.214.31.2-30.7%
Netherlands1.90.80.91.0-19.3%
China1.91.01.51.0-19.3%
Croatia0.10.10.80.791.3%
Serbia0.20.31.00.426.0%
Others8.27.14.74.6-17.5%
Total43.630.047.330.7-11.0%

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

  1. United Kingdom (324.9 tons)
  2. Poland (269.9 tons)
  3. Italy (233.3 tons)
  4. Denmark (165.5 tons)
  5. Germany (143.6 tons)
  6. China (142.7 tons)
  7. Sweden (89.3 tons)
  8. United States (86.1 tons)
  9. Taiwan (Chinese) (79.2 tons)
  10. Netherlands (77.5 tons)
  11. Croatia (67.7 tons)
  12. Serbia (65.9 tons)
  13. 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)
COUNTRY2019202020212022CAGR,
2019-2022
Poland3.91.73.14.54.9%
United Kingdom5.73.66.84.1-10.4%
Denmark4.82.40.92.3-21.7%
Sweden0.60.41.62.049.4%
China2.60.31.21.5-16.8%
Spain0.40.50.41.555.4%
United States2.02.63.11.2-15.7%
Singapore1.60.51.51.0-14.5%
Netherlands4.31.50.80.9-40.6%
Canada0.20.30.20.858.7%
Germany1.42.10.50.7-20.6%
Italy0.1N/A0.10.681.7%
Lithuania0.50.30.30.3-15.7%
Others14.110.59.97.6-18.6%
Total42.126.630.528.8-11.9%

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

  1. United Kingdom (246.8 tons)
  2. Poland (150.8 tons)
  3. Denmark (112.3 tons)
  4. Italy (105.7 tons)
  5. Lithuania (46.6 tons)
  6. Canada (37.0 tons)
  7. China (36.6 tons)
  8. Spain (34.1 tons)
  9. Singapore (28.4 tons)
  10. United States (26.3 tons)
  11. Germany (24.3 tons)
  12. Sweden (23.4 tons)
  13. Netherlands (23.0 tons)

Source: IndexBox Market Intelligence Platform

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