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

Contents:

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

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

In 2022, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $90,980 per ton, surging by 45% against the previous year. In general, the import price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 when the average import price increased by 50% against the previous year. As a result, import price attained the peak level of $131,390 per ton. From 2014 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($142,947 per ton), while the price for China ($34,944 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+3.8%), 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 Ireland (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $14,765 per ton, dropping by -39.7% against the previous year. In general, the export price, however, posted a prominent expansion. The growth pace was the most rapid in 2016 an increase of 109% against the previous year. Over the period under review, the average export prices hit record highs at $24,494 per ton in 2021, and then reduced dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($49,052 per ton), while the average price for exports to the UK ($4,744 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 Vietnam (+4,264.6%), 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 Ireland

In 2022, approx. 38 tons of machines; parts and accessories, of heading no. 8472 were imported into Ireland; picking up by 7.4% against the previous year. In general, imports, however, showed a abrupt slump.

In value terms, imports of machines; parts and accessories, of heading no. 8472 surged to $3.5M in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +5.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machines; Parts and Accessories, of Heading No. 8472 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1177211,0861,986157.0%
Germany705982580566-7.1%
United Kingdom756508181271-29.0%
Japan189N/A33.3115-15.3%
United States22654.060.1102-23.3%
China1105.849.464.2-16.4%
France5.538.358.353.0112.8%
Spain11.20.513.846.861.1%
India5109.628.311.1-72.1%
Others376872142265-11.0%
Total3,0063,1912,2333,4805.0%

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

  1. Netherlands (14.8 tons)
  2. Germany (9.4 tons)
  3. United Kingdom (5.0 tons)
  4. China (1.8 tons)
  5. Japan (1.4 tons)
  6. France (1.3 tons)
  7. Spain (0.9 tons)
  8. United States (0.7 tons)
  9. India (0.2 tons)

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

In 2022, overseas shipments of machines; parts and accessories, of heading no. 8472 were finally on the rise to reach 106 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports showed a relatively flat trend pattern. As a result, the exports reached 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 skyrocketed to $1.6M in 2022. Over the period under review, exports, however, recorded a noticeable descent.

Export of Machines; Parts and Accessories, of Heading No. 8472 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6605095001,05717.0%
Poland5.70.712.5245250.3%
United Kingdom32621516.766.3-41.2%
Cyprus40.2N/A49.938.4-1.5%
United States5.125.516.214.541.7%
Germany3242216.23.6-77.7%
Sweden128N/A0.82.0-75.0%
Others20612046.4142-11.7%
Total1,6951,0906491,568-2.6%

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

  1. Poland (34.6 tons)
  2. Netherlands (21.5 tons)
  3. United Kingdom (14.0 tons)
  4. Cyprus (1.4 tons)
  5. United States (1.3 tons)
  6. Sweden (0.2 tons)
  7. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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