Price for Machines; Parts and Accessories, of Heading No. 8472 in New Zealand - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in New Zealand (CIF) - 2024
- Price for Machines; Parts and Accessories, of Heading No. 8472 in New Zealand (FOB) - 2024
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in New Zealand
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in New Zealand
Price for Machines; Parts and Accessories, of Heading No. 8472 in New Zealand (CIF) - 2024
The average import price for machines; parts and accessories, of heading no. 8472 stood at $80,417 per ton in December 2023, falling by -1.7% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average import price increased by 4.9% month-to-month. Over the period under review, average import prices hit record highs at $81,768 per ton in October 2023; however, from November 2023 to December 2023, import prices stood at a somewhat lower figure.
Average prices varied noticeably amongst the major supplying countries. In December 2023, the countries with the highest prices were India ($80,417 per ton) and the United States ($80,417 per ton), while the price for Singapore ($80,416 per ton) and Germany ($80,416 per ton) were amongst the lowest.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was attained by Singapore (+0.3%), 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 New Zealand (FOB) - 2024
In December 2023, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $97,421 per ton, waning by -9.7% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in August 2023 when the average export price increased by 14% m-o-m. As a result, the export price attained the peak level of $108K per ton. From September 2023 to December 2023, the the average export prices failed to regain momentum.
Average prices varied noticeably for the major foreign markets. In December 2023, the country with the highest price was Fiji ($97,423 per ton), while the average price for exports to Australia totaled $97,421 per ton.
From February 2023 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Singapore (+3.2%), 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 New Zealand
In 2022, supplies from abroad of machines; parts and accessories, of heading no. 8472 was finally on the rise to reach 50 tons after two years of decline. In general, imports, however, showed a perceptible downturn.
In value terms, imports of machines; parts and accessories, of heading no. 8472 soared to $3.9M in 2022. Overall, imports, however, showed a deep slump.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| India | 2,534 | 960 | 256 | 1,035 | -25.8% |
| Hungary | 54.3 | 586 | 362 | 515 | 111.7% |
| Germany | 263 | 214 | 123 | 515 | 25.1% |
| Ireland | 3.0 | 32.7 | N/A | 283 | 355.2% |
| Australia | 157 | 145 | 185 | 251 | 16.9% |
| China | 166 | 472 | 234 | 239 | 12.9% |
| Japan | 715 | 190 | 231 | 191 | -35.6% |
| United States | 262 | 179 | 353 | 171 | -13.3% |
| Philippines | 156 | 94.7 | 97.4 | 150 | -1.3% |
| Denmark | 10.5 | 52.7 | 33.2 | 114 | 121.4% |
| Italy | 39.9 | 15.2 | 38.8 | 87.6 | 30.0% |
| Others | 587 | 192 | 450 | 323 | -18.1% |
| Total | 4,948 | 3,133 | 2,365 | 3,875 | -7.8% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to New Zealand in 2022:
- India (13.3 tons)
- Hungary (6.6 tons)
- Germany (6.6 tons)
- Ireland (3.6 tons)
- Australia (3.2 tons)
- China (3.1 tons)
- Japan (2.5 tons)
- United States (2.2 tons)
- Philippines (1.9 tons)
- Denmark (1.5 tons)
- Italy (1.1 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in New Zealand
After three years of growth, overseas shipments of machines; parts and accessories, of heading no. 8472 decreased by -30.9% to 7.8 tons in 2022. Over the period under review, exports, however, showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of 77%.
In value terms, exports of machines; parts and accessories, of heading no. 8472 declined significantly to $745K in 2022. Overall, exports, however, saw a strong expansion. The most prominent rate of growth was recorded in 2020 with an increase of 54%.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in New Zealand (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Australia | 251 | 643 | 944 | 685 | 39.7% |
| United States | 2.8 | 58.0 | 1.0 | 11.7 | 61.1% |
| Marshall Islands | N/A | N/A | N/A | 11.6 | 0% |
| Spain | 176 | 6.2 | 6.8 | N/A | -80.3% |
| Micronesia | N/A | 37.3 | 21.1 | N/A | -43.4% |
| Others | 71.8 | 28.6 | 71.3 | 36.6 | -20.1% |
| Total | 502 | 773 | 1,044 | 745 | 14.1% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from New Zealand in 2022:
- Australia (7.2 tons)
- United States (0.1 tons)
- Marshall Islands (0.1 tons)
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