Price for Machines; Parts and Accessories, of Heading No. 8472 in Canada - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Canada (FOB) - 2022
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Canada (CIF) - 2022
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Canada
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Canada
Price for Machines; Parts and Accessories, of Heading No. 8472 in Canada (FOB) - 2022
In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $89,187 per ton, waning by -9% against the previous year. Overall, the export price recorded a perceptible shrinkage. The growth pace was the most rapid in 2017 when the average export price increased by 5.4% against the previous year. Over the period under review, the average export prices attained the maximum at $116,346 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.
Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($89,187 per ton), while the average price for exports to India ($89,184 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 Taiwan (Chinese) (-2.4%), while the prices for the other major destinations experienced a decline.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Canada (CIF) - 2022
The average import price for machines; parts and accessories, of heading no. 8472 stood at $89,042 per ton in 2022, rising by 12% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The import price peaked at $97,720 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Japan ($89,044 per ton) and India ($89,043 per ton), while the price for Germany ($89,041 per ton) and Mexico ($89,042 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (-0.9%), while the prices for the other major suppliers experienced a decline.
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Canada
Exports of machines; parts and accessories, of heading no. 8472 from Canada surged to 415 tons in 2022, picking up by 21% against the previous year's figure. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +59.6% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 30% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, exports of machines; parts and accessories, of heading no. 8472 amounted to $37M in 2022. The total export value increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 34% against the previous year. Over the period under review, the exports of attained the maximum in 2022 and are expected to retain growth in years to come.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 23.9 | 22.9 | 32.5 | 34.3 | 12.8% |
| India | 0.2 | 0.3 | 0.6 | 0.8 | 58.7% |
| Taiwan (Chinese) | N/A | N/A | N/A | 0.6 | 0% |
| Others | 4.2 | 1.9 | 0.5 | 1.3 | -32.4% |
| Total | 28.3 | 25.1 | 33.6 | 37.0 | 9.3% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Canada in 2022:
- United States (384.8 tons)
- India (9.2 tons)
- Taiwan (Chinese) (6.5 tons)
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Canada
In 2022, approx. 411 tons of machines; parts and accessories, of heading no. 8472 were imported into Canada; waning by -8.5% compared with the previous year's figure. In general, imports continue to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by 14%.
In value terms, imports of machines; parts and accessories, of heading no. 8472 reached $37M in 2022. Over the period under review, imports continue to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 9.4%.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Canada (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 7.0 | 5.1 | 10.0 | 8.9 | 8.3% |
| United States | 7.2 | 6.0 | 5.5 | 6.2 | -4.9% |
| Philippines | 4.5 | 3.8 | 3.7 | 5.1 | 4.3% |
| China | 5.9 | 5.3 | 3.8 | 3.8 | -13.6% |
| Germany | 3.7 | 2.4 | 2.5 | 3.6 | -0.9% |
| Japan | 2.6 | 1.6 | 2.1 | 1.9 | -9.9% |
| Italy | 1.8 | 1.5 | 0.9 | 1.8 | 0.0% |
| Mexico | 1.7 | 2.3 | 1.8 | 1.8 | 1.9% |
| France | 1.5 | 1.5 | 1.5 | 0.2 | -48.9% |
| Others | 7.8 | 3.2 | 4.1 | 3.3 | -24.9% |
| Total | 43.6 | 32.7 | 35.7 | 36.6 | -5.7% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Canada in 2022:
- India (99.9 tons)
- United States (69.8 tons)
- Philippines (57.2 tons)
- China (42.5 tons)
- Germany (41.0 tons)
- Japan (21.0 tons)
- Italy (20.3 tons)
- Mexico (19.8 tons)
- France (2.5 tons)
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This report provides an in-depth analysis of the computing machinery market in Canada.
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This report provides an in-depth analysis of the global computing machinery market.
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