Price for Machines; Parts and Accessories, of Heading No. 8472 in Argentina - 2023

Contents:

1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Argentina (CIF) - 2022
2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Argentina (FOB) - 2022
3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Argentina
4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Argentina

Price for Machines; Parts and Accessories, of Heading No. 8472 in Argentina (CIF) - 2022

The average import price for machines; parts and accessories, of heading no. 8472 stood at $110,811 per ton in 2022, therefore, remained relatively stable against the previous year. Over the period under review, import price indicated a temperate expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; parts and accessories, of heading no. 8472 decreased by -5.8% against 2020 indices. The pace of growth appeared the most rapid in 2020 when the average import price increased by 100%. As a result, import price attained the peak level of $117,610 per ton. From 2021 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($168,475 per ton), while the price for Thailand ($22,609 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.8%), 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 Argentina (FOB) - 2022

The average export price for machines; parts and accessories, of heading no. 8472 stood at $34,340 per ton in 2022, reducing by -67.4% against the previous year. Over the period under review, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 152%. The export price peaked at $165,336 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($139,235 per ton), while the average price for exports to Slovakia ($3,953 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 Brazil (+7.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Argentina

In 2022, imports of machines; parts and accessories, of heading no. 8472 into Argentina dropped rapidly to 57 tons, with a decrease of -15.9% against 2021. In general, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 with an increase of 8.8% against the previous year.

In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced dramatically to $6.3M in 2022. Over the period under review, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 with an increase of 15%.

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Argentina in 2022:

1. China (14.0 tons)
2. India (9.0 tons)
3. Hungary (7.8 tons)
4. Japan (5.7 tons)
5. Philippines (5.0 tons)
6. United States (4.6 tons)
7. Germany (3.8 tons)
8. Thailand (3.4 tons)
9. Brazil (1.3 tons)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Argentina

In 2022, the amount of machines; parts and accessories, of heading no. 8472 exported from Argentina soared to 3.2 tons, jumping by 231% compared with the year before. Over the period under review, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines; parts and accessories, of heading no. 8472 expanded remarkably to $108K in 2022. Overall, exports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 162%.

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Argentina in 2022:

1. India (1840.0 kg)
2. Spain (613.0 kg)
3. Slovakia (490.0 kg)
4. Chile (116.0 kg)
5. South Korea (68.0 kg)

Source: IndexBox Market Intelligence Platform