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

Contents:

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

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

The average import price for machines; parts and accessories, of heading no. 8472 stood at $74,012 per ton in 2022, remaining stable against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; parts and accessories, of heading no. 8472 increased by +45.9% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 30%. Over the period under review, average import prices attained the peak figure at $89,157 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($295,783 per ton), while the price for Germany ($21,898 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+20.9%), 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 Sweden (FOB) - 2022

The average export price for machines; parts and accessories, of heading no. 8472 stood at $65,589 per ton in 2022, growing by 17% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +2.8% 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 increased by +74.1% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 27%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 Australia ($105,588 per ton), while the average price for exports to China ($18,957 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 Poland (+12.4%), 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 Sweden

Imports of machines; parts and accessories, of heading no. 8472 into Sweden surged to 59 tons in 2022, increasing by 16% on 2021 figures. Over the period under review, imports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2021 when imports increased by 81% against the previous year.

In value terms, imports of machines; parts and accessories, of heading no. 8472 soared to $4.4M in 2022. In general, imports saw a prominent expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 136%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. Germany (27.8 tons)
2. China (10.4 tons)
3. Philippines (3.4 tons)
4. Austria (2.4 tons)
5. Taiwan (Chinese) (2.3 tons)
6. Switzerland (2.2 tons)
7. Netherlands (1.4 tons)
8. United Kingdom (1.0 tons)
9. Ireland (1.0 tons)
10. Malaysia (0.9 tons)
11. United States (0.8 tons)
12. Hong Kong SAR (0.3 tons)

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

For the third year in a row, Sweden recorded decline in shipments abroad of machines; parts and accessories, of heading no. 8472, which decreased by -21.3% to 24 tons in 2022. In general, exports saw a precipitous shrinkage. The smallest decline of -12.1% was in 2020.

In value terms, exports of machines; parts and accessories, of heading no. 8472 shrank to $1.6M in 2022. Over the period under review, exports recorded a abrupt descent. The pace of growth appeared the most rapid in 2020 when exports increased by 2.9%. As a result, the exports reached the peak of $1.9M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

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

1. Poland (4.0 tons)
2. Portugal (2.6 tons)
3. Slovakia (2.2 tons)
4. Norway (2.1 tons)
5. Denmark (2.0 tons)
6. Finland (2.0 tons)
7. Germany (1.9 tons)
8. Hungary (1.3 tons)
9. United States (1.2 tons)
10. China (0.4 tons)

Source: IndexBox Market Intelligence Platform