Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sweden - 2023

Contents:

1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sweden (CIF) - 2022
2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Sweden (FOB) - 2023
3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Sweden
4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Sweden

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

In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $23,248 per ton, with a decrease of -2.8% against the previous year. In general, the import price, however, posted a resilient increase. The most prominent rate of growth was recorded in 2021 an increase of 36%. As a result, import price attained the peak level of $23,922 per ton, and then declined modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($40,616 per ton), while the price for China ($9,061 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+24.7%), 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 Sweden (FOB) - 2023

In November 2023, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $28,266 per ton, rising by 21% against the previous month. In general, export price indicated a modest increase from December 2022 to November 2023: its price increased at an average monthly rate of +1.3% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for machinery; parts of the machinery of heading no. 8425 decreased by -0.8% against September 2023 indices. The most prominent rate of growth was recorded in April 2023 an increase of 53% month-to-month. Over the period under review, the average export prices hit record highs at $30,083 per ton in June 2023; however, from July 2023 to November 2023, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In November 2023, the country with the highest price was Zambia ($532K per ton), while the average price for exports to Canada ($18,142 per ton) was amongst the lowest.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+27.3%), 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 Sweden

In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into Sweden soared to 1.6K tons, increasing by 49% on 2021. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +14.2% 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 +58.4% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 surged to $37M in 2022. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

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

1. China (302.8 tons)
2. Germany (276.9 tons)
3. Poland (179.6 tons)
4. Singapore (125.1 tons)
5. Serbia (117.0 tons)
6. South Korea (115.0 tons)
7. Norway (108.1 tons)
8. Italy (53.6 tons)
9. Czech Republic (53.1 tons)
10. Denmark (50.7 tons)
11. France (41.0 tons)
12. United Kingdom (14.2 tons)
13. Taiwan (Chinese) (3.8 tons)

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

Exports of machinery; parts of the machinery of heading no. 8425 from Sweden reduced to 456 tons in 2022, falling by -9.2% on the year before. Over the period under review, exports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 13%.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 dropped dramatically to $10M in 2022. Overall, exports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2021 when exports increased by 16% against the previous year.

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

1. Norway (85.3 tons)
2. Belgium (69.0 tons)
3. Lithuania (41.5 tons)
4. Finland (29.4 tons)
5. Austria (23.9 tons)
6. United States (23.4 tons)
7. Poland (20.0 tons)
8. Russia (16.3 tons)
9. Denmark (15.3 tons)
10. India (14.0 tons)
11. Netherlands (13.0 tons)
12. Japan (10.4 tons)
13. Germany (10.1 tons)

Source: IndexBox Market Intelligence Platform