Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (CIF) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands
- Exports of Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands
Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (CIF) - 2023
The average import price for machinery; parts of the machinery of heading no. 8427 stood at $2,176 per ton in October 2023, with a decrease of -72.8% against the previous month. Over the period under review, the import price showed a abrupt descent. The most prominent rate of growth was recorded in July 2023 an increase of 33% against the previous month. As a result, import price attained the peak level of $10,924 per ton. From August 2023 to October 2023, the average import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($72,559 per ton), while the price for China ($1,232 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 Switzerland (+44.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8427 amounted to $7,261 per ton, with a decrease of -31.1% against the previous year. In general, the export price, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2015 when the average export price increased by 45%. Over the period under review, the average export prices reached the maximum at $17,008 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($17,412 per ton), while the average price for exports to Germany ($4,903 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 the UK (+15.8%), 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 the Netherlands
In 2022, approx. 31K tons of machinery; parts of the machinery of heading no. 8427 were imported into the Netherlands; reducing by -35.1% on the previous year's figure. Overall, imports showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of 28%. As a result, imports reached the peak of 47K tons, and then reduced sharply in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8427 contracted remarkably to $259M in 2022. Over the period under review, imports showed a deep downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 65%. As a result, imports reached the peak of $484M, and then fell markedly in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 122 | 92.7 | 139 | 84.7 | -11.5% |
| Belgium | 53.4 | 43.8 | 62.9 | 50.2 | -2.0% |
| Italy | 39.6 | 32.7 | 63.5 | 28.3 | -10.6% |
| China | 11.2 | 21.0 | 20.7 | 19.6 | 20.5% |
| Sweden | 28.8 | 15.0 | 10.5 | 17.8 | -14.8% |
| Poland | 4.9 | 4.1 | 11.7 | 9.4 | 24.3% |
| United Kingdom | 42.0 | 15.3 | 7.9 | 7.6 | -43.4% |
| Bosnia and Herzegovina | 3.1 | 4.6 | 4.8 | 6.6 | 28.6% |
| Spain | 13.3 | 10.3 | 60.4 | 5.6 | -25.0% |
| United States | 10.0 | 3.9 | 4.7 | 4.8 | -21.7% |
| France | 8.9 | 7.8 | 9.8 | 3.3 | -28.2% |
| Czech Republic | 37.3 | 24.1 | 27.4 | 2.9 | -57.3% |
| Slovakia | 5.2 | 6.4 | 31.4 | 1.8 | -29.8% |
| Others | 18.5 | 12.7 | 29.7 | 16.1 | -4.5% |
| Total | 398 | 294 | 484 | 259 | -13.3% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8427 to the Netherlands in 2022:
- China (10.0K tons)
- Belgium (6.7K tons)
- Germany (4.9K tons)
- Italy (1.8K tons)
- Bosnia and Herzegovina (1.7K tons)
- United Kingdom (1.2K tons)
- Sweden (0.9K tons)
- Poland (0.7K tons)
- United States (0.4K tons)
- Spain (0.4K tons)
- Czech Republic (0.2K tons)
- France (0.2K tons)
- Slovakia (0.2K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands
For the fourth consecutive year, the Netherlands recorded growth in overseas shipments of machinery; parts of the machinery of heading no. 8427, which increased by 55% to 25K tons in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 65% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, exports of machinery; parts of the machinery of heading no. 8427 rose notably to $184M in 2022. Overall, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +14.9% 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 +51.6% against 2019 indices. The growth pace was the most rapid in 2021 when exports increased by 41% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Machinery; Parts of the Machinery of Heading No. 8427 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 30.3 | 35.0 | 43.2 | 67.7 | 30.7% |
| Belgium | 26.9 | 18.8 | 27.5 | 23.3 | -4.7% |
| Italy | 6.8 | 3.9 | 9.2 | 11.3 | 18.4% |
| France | 9.2 | 9.7 | 15.3 | 10.0 | 2.8% |
| United States | 7.5 | 6.2 | 7.3 | 9.7 | 9.0% |
| United Kingdom | 10.7 | 12.7 | 12.3 | 8.1 | -8.9% |
| Sweden | 1.8 | 2.6 | 5.3 | 7.0 | 57.3% |
| Ireland | 3.1 | 2.8 | 4.0 | 4.5 | 13.2% |
| Others | 25.2 | 30.4 | 48.2 | 42.8 | 19.3% |
| Total | 122 | 122 | 172 | 184 | 14.7% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8427 from the Netherlands in 2022:
- Germany (13.8K tons)
- Belgium (2.6K tons)
- United States (1.2K tons)
- Italy (1.2K tons)
- France (1.2K tons)
- Sweden (1.0K tons)
- United Kingdom (0.5K tons)
- Ireland (0.4K tons)
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