Price for Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland (CIF) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland
Price for Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland (CIF) - 2023
In November 2023, the average import price for machinery; parts of the machinery of heading no. 8427 amounted to $17,856 per ton, with a decrease of -3.6% against the previous month. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in October 2023 an increase of 23% against the previous month. Over the period under review, average import prices reached the peak figure at $21,138 per ton in August 2023; however, from September 2023 to November 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Slovenia ($41,156 per ton), while the price for the Czech Republic ($8,619 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Slovenia (+17.8%), 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 Switzerland (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $18,539 per ton, growing by 21% against the previous year. Over the period under review, the export price, however, continues to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2015 when the average export price increased by 24%. As a result, the export price attained the peak level of $25,815 per ton. From 2016 to 2022, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($53,812 per ton), while the average price for exports to Italy ($4,579 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 Belgium (+6.5%), 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 Switzerland
In 2022, the amount of machinery; parts of the machinery of heading no. 8427 imported into Switzerland declined to 2.1K tons, shrinking by -8.4% against 2021 figures. Overall, imports saw a perceptible shrinkage. The growth pace was the most rapid in 2021 with an increase of 8.2%.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 dropped to $33M in 2022. The total import value increased at an average annual rate of +2.4% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 21%. As a result, imports reached the peak of $35M, and then dropped in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 15.7 | 15.2 | 16.9 | 17.0 | 2.7% |
| Italy | 5.5 | 4.4 | 4.8 | 4.4 | -7.2% |
| Czech Republic | 3.1 | 3.0 | 3.3 | 3.3 | 2.1% |
| Belgium | 0.9 | 1.7 | 2.1 | 2.3 | 36.7% |
| China | 0.8 | 0.7 | 1.1 | 1.1 | 11.2% |
| France | 0.8 | 0.7 | 1.0 | 1.0 | 7.7% |
| Netherlands | 0.8 | 0.7 | 0.6 | 0.7 | -4.4% |
| Slovenia | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Others | 2.5 | 2.2 | 4.9 | 2.6 | 1.3% |
| Total | 30.4 | 28.8 | 34.9 | 32.6 | 2.4% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to Switzerland in 2022:
- Germany (874.9 tons)
- Czech Republic (414.4 tons)
- Italy (265.8 tons)
- China (133.4 tons)
- Belgium (85.8 tons)
- France (76.7 tons)
- Slovenia (56.4 tons)
- Netherlands (38.7 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland
In 2022, exports of machinery; parts of the machinery of heading no. 8427 from Switzerland totaled 269 tons, almost unchanged from 2021 figures. The total export volume increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 29%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8427 attained the maximum in 2022 and are likely to continue growth in the near future.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 soared to $5M in 2022. The total export value increased at an average annual rate of +2.6% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in Switzerland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2,760 | 2,744 | 2,280 | 2,621 | -1.7% |
| Italy | 328 | 340 | 564 | 401 | 6.9% |
| Belgium | 32.5 | 43.7 | 146 | 306 | 111.2% |
| France | 236 | 193 | 221 | 259 | 3.1% |
| Sweden | 35.2 | 10.4 | 11.9 | 232 | 87.5% |
| Austria | 106 | 93.9 | 79.6 | 114 | 2.5% |
| Czech Republic | 148 | 139 | 190 | 111 | -9.1% |
| Netherlands | 88.9 | 48.9 | 55.3 | 62.7 | -11.0% |
| Poland | 2.4 | 2.1 | 0.8 | 61.1 | 194.2% |
| Cote d'Ivoire | N/A | 5.3 | N/A | N/A | 0% |
| Others | 879 | 398 | 567 | 822 | -2.2% |
| Total | 4,616 | 4,018 | 4,115 | 4,990 | 2.6% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from Switzerland in 2022:
- Germany (104.7 tons)
- Italy (87.5 tons)
- Czech Republic (17.8 tons)
- Poland (8.8 tons)
- France (8.4 tons)
- Netherlands (7.3 tons)
- Austria (6.4 tons)
- Belgium (5.7 tons)
- Sweden (5.1 tons)
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