Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Denmark - 2023

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $34,941 per ton in 2022, with an increase of 38% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The pace of growth appeared the most rapid in 2017 an increase of 92%. Over the period under review, average import prices hit record highs at $39,697 per ton in 2019; however, from 2020 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 the Philippines ($225,501 per ton), while the price for Belgium ($13,104 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Philippines (+15.9%), 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 Denmark (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $35,502 per ton in 2022, picking up by 29% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 103%. As a result, the export price attained the peak level of $39,437 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was China ($67,207 per ton), while the average price for exports to the Netherlands ($14,444 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 Morocco (+69.5%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, purchases abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -69% to 104 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, recorded a buoyant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 184%.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 contracted notably to $3.6M in 2022. Overall, imports, however, saw resilient growth. The most prominent rate of growth was recorded in 2020 when imports increased by 109%.

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

1. Germany (57.6 tons)
2. Sweden (15.4 tons)
3. Italy (9.4 tons)
4. Netherlands (5.7 tons)
5. Belgium (2.6 tons)
6. Poland (2.6 tons)
7. Philippines (2.2 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of machine-tools; parts and accessories, for the machines of heading no. 8464, when their volume decreased by -19.7% to 92 tons. Overall, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 124% against the previous year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded to $3.3M in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2021 when exports increased by 108%. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 attained the maximum in 2022 and are expected to retain growth in the near future.

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

1. United States (59.3 tons)
2. Norway (14.3 tons)
3. China (6.4 tons)
4. Iceland (5.0 tons)
5. United Kingdom (2.4 tons)
6. Spain (1.2 tons)
7. Switzerland (0.6 tons)
8. Netherlands (0.3 tons)
9. Germany (0.2 tons)
10. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform