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

Contents:

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

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

The average import price for machinery; parts of the machinery of heading no. 8425 stood at $18,585 per ton in 2022, picking up by 18% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 55%. As a result, import price attained the peak level of $22,763 per ton. From 2021 to 2022, the average import prices remained at a somewhat 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 France ($30,773 per ton), while the price for the Czech Republic ($7,036 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+12.2%), 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 Switzerland (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8425 stood at $32,541 per ton in 2022, rising by 8.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 29%. As a result, the export price reached the peak level of $40,134 per ton. From 2020 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($72,939 per ton), while the average price for exports to Serbia ($2,791 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 Austria (+5.4%), 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 Switzerland

In 2022, imports of machinery; parts of the machinery of heading no. 8425 into Switzerland shrank to 595 tons, which is down by -5.4% on the previous year. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2021 when imports increased by 33% against the previous year.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 stood at $11M in 2022. The total import value increased at an average annual rate of +1.6% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached 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 Switzerland in 2022:

1. Italy (240.5 tons)
2. Germany (138.6 tons)
3. Czech Republic (48.3 tons)
4. China (35.3 tons)
5. France (16.8 tons)
6. Hong Kong SAR (14.5 tons)
7. Denmark (12.3 tons)
8. United Arab Emirates (12.0 tons)
9. Netherlands (6.6 tons)
10. Spain (4.2 tons)
11. Hungary (0.7 tons)

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

In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Switzerland contracted to 252 tons, waning by -6.8% against the previous year's figure. Over the period under review, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +9.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +32.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 42% against the previous year. As a result, the exports attained the peak of 270 tons, and then shrank in the following year.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 totaled $8.2M in 2022. The total export value increased at an average annual rate of +2.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 16%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 attained the peak figure in 2022 and are likely to see gradual growth in years to come.

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

1. Germany (61.0 tons)
2. United Kingdom (24.9 tons)
3. Italy (24.3 tons)
4. France (22.7 tons)
5. Australia (17.4 tons)
6. United States (11.3 tons)
7. India (10.2 tons)
8. Spain (7.6 tons)
9. Serbia (7.0 tons)
10. Austria (5.7 tons)
11. Netherlands (5.5 tons)
12. Singapore (5.1 tons)
13. Finland (4.0 tons)

Source: IndexBox Market Intelligence Platform