Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $9,322 per ton, dropping by -6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 44% against the previous year. Over the period under review, average import prices hit record highs at $9,917 per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($27,852 per ton), while the price for Egypt ($15 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $81,500 per ton in 2022, reducing by -9.4% against the previous year. Overall, the export price, however, saw noticeable growth. The pace of growth was the most pronounced in 2020 an increase of 470% against the previous year. Over the period under review, the average export prices reached the peak figure at $138,250 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Portugal ($104,750 per ton), while the average price for exports to Spain amounted to $35,000 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Democratic Republic of the Congo (+94.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola

After two years of decline, supplies from abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 increased by 150% to 158 tons in 2022. Overall, imports enjoyed perceptible growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $1.5M in 2022. In general, imports continue to indicate a pronounced increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China93.648.87.2806105.0%
Portugal532530235197-28.2%
Germany42.636.961.415353.1%
Italy23.145.965.988.656.5%
Spain35.160.960.667.524.4%
South Africa10.84.76.424.130.7%
Belgium15345.013.118.3-50.7%
Turkey55.918.912.24.6-56.5%
EgyptN/AN/AN/A0.10%
Others428164162109-36.6%
Total1,3749556251,4682.2%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Angola in 2022:

  1. China (104.2 tons)
  2. Portugal (19.6 tons)
  3. Germany (7.9 tons)
  4. Egypt (6.0 tons)
  5. Italy (5.0 tons)
  6. South Africa (4.2 tons)
  7. Spain (3.7 tons)
  8. Turkey (0.7 tons)
  9. Belgium (0.7 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola

For the third consecutive year, Angola recorded decline in overseas shipments of machine-tools; parts and accessories, for the machines of heading no. 8464, which decreased by -84.2% to 6 kg in 2022. In general, exports saw a sharp setback. The smallest decline of -41.5% was in 2021.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell remarkably to $489 in 2022. Over the period under review, exports recorded a sharp slump. The pace of growth appeared the most rapid in 2020 when exports increased by 219%. As a result, the exports attained the peak of $5.7K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Angola (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
PortugalN/A5.73.30.4-73.5%
Spain1.50.10.10.1-59.5%
Others0.2N/AN/AN/A0%
Total1.85.73.40.5-34.8%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Angola in 2022:

  1. Portugal (4.0 kg)
  2. Spain (2.0 kg)

Source: IndexBox Market Intelligence Platform

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