Price for Machines; Parts and Accessories, of Heading No. 8472 in Algeria - 2022
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Algeria (CIF) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Algeria (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Algeria
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Algeria
Price for Machines; Parts and Accessories, of Heading No. 8472 in Algeria (CIF) - 2022
In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $104,338 per ton, shrinking by -9.5% against the previous year. In general, the import price, however, recorded a buoyant expansion. The most prominent rate of growth was recorded in 2021 when the average import price increased by 57%. The import price peaked at $133,635 per ton in 2018; however, from 2019 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($510,805 per ton), while the price for China ($18,051 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Algeria (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $108,646 per ton in 2022, rising by 2.6% against the previous year. In general, the export price recorded a perceptible increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 186% against the previous year. The export price peaked at $114,333 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Argentina.
From 2012 to 2022, the rate of growth in terms of prices for France amounted to +14.9% per year.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Algeria
After three years of growth, overseas purchases of machines; parts and accessories, of heading no. 8472 decreased by -28.8% to 4.3 tons in 2022. Overall, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +5.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +16.8% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 53% against the previous year. As a result, imports attained the peak of 6.1 tons, and then contracted remarkably in the following year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 dropped rapidly to $451K in 2022. In general, imports continue to indicate a noticeable contraction. The pace of growth was the most pronounced in 2021 when imports increased by 140%. As a result, imports reached the peak of $699K, and then reduced notably in the following year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 84.1 | 95.8 | 137 | 126 | 14.4% |
| United Arab Emirates | 0.4 | 0.3 | 111 | 87.0 | 501.4% |
| South Korea | 83.3 | 13.7 | 121 | 52.8 | -14.1% |
| Japan | 45.2 | 42.0 | 54.6 | 44.4 | -0.6% |
| Spain | 45.1 | 11.7 | 95.8 | 28.0 | -14.7% |
| United States | 33.6 | 16.0 | 16.1 | 17.5 | -19.5% |
| Portugal | 4.2 | 6.0 | 11.9 | 14.8 | 52.2% |
| Italy | 11.0 | 9.7 | 10.8 | 7.6 | -11.6% |
| France | 75.3 | 18.9 | 66.7 | 2.3 | -68.7% |
| China | 46.2 | 28.3 | 17.3 | 2.1 | -64.3% |
| Others | 57.6 | 48.7 | 57.7 | 67.6 | 5.5% |
| Total | 486 | 291 | 699 | 451 | -2.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Algeria in 2022:
- Germany (2300.0 kg)
- United Arab Emirates (656.0 kg)
- South Korea (448.0 kg)
- United States (159.0 kg)
- China (117.0 kg)
- Italy (97.0 kg)
- Japan (87.0 kg)
- Spain (80.0 kg)
- Portugal (76.0 kg)
- France (25.0 kg)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Algeria
In 2022, shipments abroad of machines; parts and accessories, of heading no. 8472 decreased by -2% to 144 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 4,800% against the previous year. As a result, the exports attained the peak of 147 kg, and then contracted in the following year.
In value terms, exports of machines; parts and accessories, of heading no. 8472 stood at $16K in 2022. Overall, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 13,924%. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Argentina | N/A | N/A | N/A | 15.6 | 0% |
| Spain | N/A | N/A | 15.5 | N/A | 0% |
| Others | 0.1 | 0.1 | N/A | N/A | 0.0% |
| Total | 0.1 | 0.1 | 15.6 | 15.6 | 438.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Algeria in 2022:
- Argentina (144.0 kg)
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