Price for Machinery; Parts of the Machinery of Heading No. 8427 in Sweden - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Sweden (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Sweden (FOB) - 2023
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Sweden (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $6,788 per ton in 2022, increasing by 17% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($21,472 per ton), while the price for the Czech Republic ($3,021 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+7.5%), 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 Sweden (FOB) - 2023
In October 2023, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $10,936 per ton, growing by 27% against the previous month. Over the period from October 2022 to October 2023, it increased at an average monthly rate of +2.2%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by the country of destination: the country with the highest price was the United States ($21,566 per ton), while the average price for exports to Brazil ($2,865 per ton) was amongst the lowest.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+6.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden
Imports of machinery; parts of the machinery of heading no. 8427 into Sweden reduced slightly to 33K tons in 2022, with a decrease of -4.6% compared with 2021 figures. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 23%. As a result, imports attained the peak of 34K tons, and then fell in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 rose remarkably to $223M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 25% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 56.8 | 35.8 | 40.5 | 49.0 | -4.8% |
| Italy | 18.0 | 16.1 | 22.9 | 33.7 | 23.2% |
| China | 9.2 | 11.5 | 19.6 | 27.1 | 43.3% |
| Poland | 32.5 | 25.7 | 30.9 | 26.7 | -6.3% |
| Denmark | 22.4 | 17.0 | 18.9 | 19.6 | -4.4% |
| Belgium | 8.8 | 15.3 | 13.3 | 12.8 | 13.3% |
| Slovakia | 7.4 | 4.5 | 7.6 | 9.7 | 9.4% |
| United Kingdom | 7.0 | 2.7 | 8.8 | 8.5 | 6.7% |
| Turkey | 3.4 | 2.2 | 3.3 | 4.0 | 5.6% |
| Czech Republic | 3.3 | 2.3 | 2.3 | 2.0 | -15.4% |
| Others | 26.0 | 26.0 | 31.1 | 29.9 | 4.8% |
| Total | 195 | 159 | 199 | 223 | 4.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Sweden in 2022:
- China (8.2K tons)
- Germany (6.0K tons)
- Poland (4.6K tons)
- Denmark (3.7K tons)
- Slovakia (2.4K tons)
- Italy (1.6K tons)
- United Kingdom (1.2K tons)
- Belgium (1.0K tons)
- Turkey (0.7K tons)
- Czech Republic (0.7K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden
In 2022, approx. 19K tons of machinery; parts of the machinery of heading no. 8427 were exported from Sweden; increasing by 19% compared with the previous year's figure. In general, exports, however, recorded a relatively flat trend pattern.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 shrank slightly to $178M in 2022. Over the period under review, exports, however, showed a abrupt decline.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 24.7 | 21.3 | 24.2 | 21.4 | -4.7% |
| Netherlands | 28.7 | 17.6 | 17.6 | 20.8 | -10.2% |
| Belgium | 16.3 | 17.3 | 15.0 | 16.3 | 0.0% |
| China | 13.8 | 16.2 | 18.5 | 13.9 | 0.2% |
| United States | 13.6 | 19.0 | 19.0 | 12.8 | -2.0% |
| Poland | 8.7 | 7.8 | 8.5 | 11.7 | 10.4% |
| Italy | 5.4 | 3.8 | 3.8 | 9.7 | 21.6% |
| Denmark | 7.8 | 6.8 | 8.9 | 8.5 | 2.9% |
| Norway | 9.4 | 8.9 | 10.2 | 8.0 | -5.2% |
| Finland | 6.1 | 4.8 | 5.9 | 7.2 | 5.7% |
| France | 9.0 | 3.1 | 2.6 | 4.3 | -21.8% |
| Spain | 10.5 | 6.0 | 3.4 | 3.7 | -29.4% |
| Czech Republic | 4.4 | 3.3 | 4.0 | 3.6 | -6.5% |
| Others | 99.0 | 71.3 | 41.8 | 36.1 | -28.6% |
| Total | 257 | 207 | 183 | 178 | -11.5% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Sweden in 2022:
- Germany (2.6K tons)
- Poland (2.4K tons)
- China (2.2K tons)
- Belgium (2.1K tons)
- Netherlands (1.9K tons)
- Italy (1.3K tons)
- United States (0.8K tons)
- Denmark (0.7K tons)
- Czech Republic (0.6K tons)
- Finland (0.6K tons)
- Spain (0.6K tons)
- France (0.5K tons)
- Norway (0.5K tons)
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