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

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $18,658 per ton in 2022, which is down by -16.6% against the previous year. In general, the import price recorded a abrupt contraction. The pace of growth appeared the most rapid in 2021 when the average import price increased by 29% against the previous year. Over the period under review, average import prices reached the maximum at $66,290 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Switzerland ($67,538 per ton), while the price for Belgium ($7,458 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+14.0%), 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 Estonia (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $100,433 per ton in 2022, waning by -7.7% against the previous year. Overall, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2021 an increase of 843% against the previous year. As a result, the export price reached the peak level of $108,787 per ton, and then contracted in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($178,200 per ton), while the average price for exports to Turkey ($81,258 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 Lithuania (+17.9%), 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 Estonia

In 2022, after two years of decline, there was significant growth in purchases abroad of machine-tools; parts and accessories, for the machines of heading no. 8464, when their volume increased by 74% to 42 tons. In general, imports, however, showed a pronounced setback.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $792K in 2022. Over the period under review, imports, however, recorded a abrupt decrease.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland18521710234222.7%
Italy39489.0102182-22.7%
Belgium97.879.173.574.9-8.5%
Germany25.324.883.838.615.1%
China22.15.017.235.617.2%
Sweden11.821.621.834.442.9%
Poland55.89.810.32.5-64.5%
Others19890.613581.3-25.7%
Total989537546792-7.1%

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

  1. Finland (22.3 tons)
  2. Belgium (10.0 tons)
  3. Italy (5.7 tons)
  4. Sweden (1.4 tons)
  5. Germany (1.1 tons)
  6. China (1.1 tons)

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

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Estonia amounted to 1.5 tons, growing by 12% on the previous year's figure. In general, exports, however, continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 when exports increased by 152% against the previous year. As a result, the exports attained the peak of 7.7 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 totaled $147K in 2022. Over the period under review, exports, however, saw a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 60%.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Estonia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
KazakhstanN/AN/AN/A59.00%
Russia64.320.750.258.8-2.9%
Finland36.917.89.713.5-28.5%
Uzbekistan77.621.0N/A5.8-57.9%
Latvia1.410.657.23.738.3%
TurkeyN/AN/AN/A2.50%
Switzerland15.7N/AN/AN/A0%
Sweden0.116.2N/AN/A16100.0%
Others2.62.625.03.611.5%
Total19988.9142147-9.6%

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

  1. Russia (723.0 kg)
  2. Kazakhstan (519.0 kg)
  3. Finland (99.0 kg)
  4. Uzbekistan (43.0 kg)
  5. Turkey (31.0 kg)
  6. Latvia (27.0 kg)

Source: IndexBox Market Intelligence Platform

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