Price for Machinery; Parts of the Machinery of Heading No. 8427 in Romania - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Romania (CIF) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Romania (FOB) - 2023
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Romania
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Romania
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Romania (CIF) - 2023
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $2,308 per ton in October 2023, which is down by -38.1% against the previous month. Over the period under review, the import price saw a abrupt descent. The most prominent rate of growth was recorded in February 2023 when the average import price increased by 18% month-to-month. The import price peaked at $11,343 per ton in March 2023; however, from April 2023 to October 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was Turkey ($3,658 per ton), while the price for China ($1,333 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Germany (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Romania (FOB) - 2023
In October 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $5,999 per ton, with an increase of 3.9% against the previous month. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in May 2023 when the average export price increased by 39% m-o-m. As a result, the export price reached the peak level of $6,562 per ton. From June 2023 to October 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the UK ($6,516 per ton), while the average price for exports to Turkey totaled $2,846 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.0%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Romania
In 2022, approx. 2.9K tons of machinery; parts of the machinery of heading no. 8427 were imported into Romania; approximately equating the previous year's figure. In general, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 12%.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 fell to $31M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 when imports increased by 31% against the previous year. As a result, imports attained the peak of $33M, and then declined in the following year.
Import of Machinery; Parts of the Machinery of Heading No. 8427 in Romania (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.1 | 7.5 | 8.6 | 8.2 | 0.4% |
Netherlands | 4.0 | 5.4 | 8.9 | 6.8 | 19.3% |
Belgium | 3.1 | 3.9 | 4.6 | 4.3 | 11.5% |
France | 2.9 | 1.9 | 3.2 | 2.9 | 0.0% |
Italy | 2.4 | 2.4 | 3.2 | 2.2 | -2.9% |
Czech Republic | 0.6 | 1.0 | 1.6 | 1.6 | 38.7% |
Sri Lanka | N/A | N/A | N/A | 0.7 | 0% |
Bulgaria | 0.5 | 0.5 | 0.7 | 0.7 | 11.9% |
Portugal | 0.1 | 0.1 | 0.2 | 0.2 | 26.0% |
China | 0.7 | 0.3 | 0.2 | 0.2 | -34.1% |
Others | 1.8 | 2.2 | 2.1 | 2.7 | 14.5% |
Total | 24.2 | 25.4 | 33.3 | 30.6 | 8.1% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Romania in 2022:
- Germany (713.4 tons)
- Netherlands (581.2 tons)
- France (316.4 tons)
- Belgium (313.2 tons)
- Italy (248.5 tons)
- Sri Lanka (217.5 tons)
- Portugal (126.6 tons)
- Czech Republic (89.2 tons)
- Bulgaria (87.0 tons)
- China (34.2 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Romania
In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Romania dropped to 914 tons, with a decrease of -14.1% against the previous year. Over the period under review, exports saw a abrupt downturn. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 reduced slightly to $5.6M in 2022. Overall, exports recorded a pronounced decrease. The most prominent rate of growth was recorded in 2021 when exports increased by 37%.
Export of Machinery; Parts of the Machinery of Heading No. 8427 in Romania (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
France | 2,975 | 1,797 | 2,568 | 1,940 | -13.3% |
United Kingdom | 693 | 447 | 882 | 1,260 | 22.1% |
Netherlands | 272 | 234 | 571 | 628 | 32.2% |
Bulgaria | 146 | 182 | 353 | 503 | 51.0% |
Germany | 36.1 | 13.2 | 15.6 | 412 | 125.1% |
Croatia | 214 | 152 | 158 | 258 | 6.4% |
Italy | 29.7 | 418 | 464 | 158 | 74.6% |
Sweden | 1,262 | 270 | 4.7 | 2.4 | -87.6% |
Others | 701 | 716 | 773 | 413 | -16.2% |
Total | 6,329 | 4,228 | 5,790 | 5,574 | -4.1% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Romania in 2022:
- France (321.4 tons)
- United Kingdom (237.3 tons)
- Germany (125.5 tons)
- Netherlands (72.1 tons)
- Bulgaria (53.8 tons)
- Italy (29.5 tons)
- Croatia (28.1 tons)
- Sweden (0.4 tons)
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