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

Contents:

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

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

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $59,238 per ton, falling by -37.9% against the previous year. Over the period under review, the import price continues to indicate a slight decrease. The most prominent rate of growth was recorded in 2016 when the average import price increased by 40% against the previous year. Over the period under review, average import prices attained the peak figure at $108,947 per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($127,480 per ton), while the price for Switzerland ($7,504 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.8%), 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 Estonia (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $151,843 per ton, growing by 66% against the previous year. Over the period under review, the export price posted a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($246,533 per ton), while the average price for exports to Russia ($38,200 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 Switzerland (+89.6%), 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 Estonia

In 2022, approx. 5.4 tons of machines; parts and accessories, of heading no. 8472 were imported into Estonia; dropping by -13.1% on the previous year's figure. Overall, imports continue to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when imports increased by 45%.

In value terms, imports of machines; parts and accessories, of heading no. 8472 reduced rapidly to $321K in 2022. In general, imports recorded a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 36% against the previous year.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland11.080.5155138132.4%
Lithuania5.3127201121183.7%
United States9.90.618.016.719.0%
Netherlands45.159.873.510.1-39.3%
Germany16.424.220.89.4-16.9%
China2611.16.57.4-69.5%
Poland2.137.723.66.545.7%
Japan130N/AN/A3.2-70.9%
United Kingdom14.259.216.82.9-41.1%
SwitzerlandN/AN/AN/A1.90%
Sweden76.95.90.40.3-84.3%
Russia19.61.4N/AN/A-92.9%
India0.9N/A66.3N/A758.3%
Others41.739.713.43.8-55.0%
Total634437595321-20.3%

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

  1. Finland (3214.0 kg)
  2. Lithuania (1037.0 kg)
  3. Switzerland (256.0 kg)
  4. Germany (238.0 kg)
  5. China (189.0 kg)
  6. United States (154.0 kg)
  7. Netherlands (151.0 kg)
  8. Poland (46.0 kg)
  9. United Kingdom (41.0 kg)
  10. Japan (25.0 kg)
  11. Sweden (14.0 kg)

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

In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by -56.6% to 115 kg, falling for the second consecutive year after two years of growth. Overall, exports showed a dramatic decrease. The growth pace was the most rapid in 2020 with an increase of 289%. As a result, the exports reached the peak of 1.8 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of machines; parts and accessories, of heading no. 8472 dropped rapidly to $17K in 2022. In general, exports continue to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 with an increase of 402% against the previous year. As a result, the exports reached the peak of $242K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Brazil1.3N/A6.37.478.6%
Lithuania7.55.09.05.2-11.5%
SwitzerlandN/AN/AN/A1.90%
CubaN/AN/AN/A1.40%
Latvia33.63.72.51.2-67.1%
Russia3.124.3N/A0.2-59.9%
China1.8208N/AN/A11455.6%
FinlandN/A1.75.7N/A235.3%
Others1.00.10.70.1-53.6%
Total48.324224.217.5-28.7%

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

  1. Lithuania (46.0 kg)
  2. Brazil (30.0 kg)
  3. Cuba (17.0 kg)
  4. Switzerland (10.0 kg)
  5. Latvia (5.0 kg)
  6. Russia (5.0 kg)
  7. Finland (1.0 kg)

Source: IndexBox Market Intelligence Platform

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