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

Contents:

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

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

The average import price for machines; parts and accessories, of heading no. 8472 stood at $67,238 per ton in 2022, with an increase of 17% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $73,451 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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 Italy ($121,607 per ton), while the price for India ($29,547 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+18.2%), 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 Austria (FOB) - 2022

The average export price for machines; parts and accessories, of heading no. 8472 stood at $176,437 per ton in 2022, with an increase of 6.6% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for machines; parts and accessories, of heading no. 8472 decreased by -0.7% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 19% against the previous year. The export price peaked at $177,594 per ton in 2020; however, from 2021 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 the UK ($389,095 per ton), while the average price for exports to South Africa ($110,716 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 Czech Republic (+17.7%), 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 Austria

For the third consecutive year, Austria recorded decline in purchases abroad of machines; parts and accessories, of heading no. 8472, which decreased by -45.7% to 173 tons in 2022. In general, imports continue to indicate a precipitous decline. The smallest decline of -5.9% was in 2020.

In value terms, imports of machines; parts and accessories, of heading no. 8472 declined dramatically to $12M in 2022. Overall, imports recorded a abrupt downturn. The smallest decline of -6.6% was in 2020.

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

1. Germany (55.7 tons)
2. China (54.8 tons)
3. Hungary (15.0 tons)
4. Netherlands (10.7 tons)
5. Poland (7.6 tons)
6. Czech Republic (4.0 tons)
7. Slovakia (3.9 tons)
8. India (3.6 tons)
9. United Kingdom (3.5 tons)
10. Italy (3.1 tons)
11. Japan (2.8 tons)
12. United States (0.2 tons)

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

In 2022, exports of machines; parts and accessories, of heading no. 8472 from Austria totaled 64 tons, increasing by 4.5% on the previous year. Over the period under review, exports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 9.4% against the previous year.

In value terms, exports of machines; parts and accessories, of heading no. 8472 rose significantly to $11M in 2022. In general, exports, however, continue to indicate a relatively flat trend pattern.

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

1. Germany (21.7 tons)
2. Netherlands (10.2 tons)
3. United States (4.3 tons)
4. Australia (2.5 tons)
5. Hungary (1.9 tons)
6. South Africa (1.7 tons)
7. Spain (1.7 tons)
8. Switzerland (1.6 tons)
9. France (1.5 tons)
10. Italy (1.3 tons)
11. United Kingdom (1.1 tons)
12. Czech Republic (1.0 tons)
13. Chile (1.0 tons)

Source: IndexBox Market Intelligence Platform