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

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $45,448 per ton in 2022, waning by -17.8% against the previous year. Overall, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2020 an increase of 115%. The import price peaked at $55,321 per ton in 2021, and then contracted dramatically in the following year.

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 the United States ($276,497 per ton), while the price for the Netherlands ($7,420 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+29.8%), 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 Ireland (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $90,599 per ton in 2022, surging by 15% against the previous year. Over the period under review, the export price enjoyed a buoyant expansion. The growth pace was the most rapid in 2013 an increase of 1,005% against the previous year. As a result, the export price reached the peak level of $189,457 per ton. From 2014 to 2022, the average export prices remained at a 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 Switzerland ($211,366 per ton), while the average price for exports to the UK ($38,691 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 India (+77.2%), 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 Ireland

For the third consecutive year, Ireland recorded decline in overseas purchases of machine-tools; parts and accessories, for the machines of heading no. 8464, which decreased by -2.3% to 66 tons in 2022. In general, imports recorded a dramatic setback.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell dramatically to $3M in 2022. Over the period under review, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 8.9%. As a result, imports attained the peak of $3.8M, and then shrank rapidly in the following year.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States1,0181,2212,0431,47613.2%
United Kingdom2,1821,742817378-44.3%
China66.627.924134873.5%
Japan35.114518021883.8%
Italy84.010184.212413.9%
Germany18.122.951.210479.1%
Netherlands29.651.643.268.832.5%
Spain4.05.86.160.6147.4%
Turkey46.116.529.334.0-9.7%
Others1681172642067.0%
Total3,6523,4503,7583,017-6.2%

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

  1. China (24.9 tons)
  2. United Kingdom (11.0 tons)
  3. Netherlands (9.3 tons)
  4. United States (5.3 tons)
  5. Italy (4.0 tons)
  6. Spain (2.7 tons)
  7. Germany (1.8 tons)
  8. Turkey (1.1 tons)
  9. Japan (1.1 tons)

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

In 2022, shipments abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 was finally on the rise to reach 1 tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, faced a sharp descent.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $94K in 2022. Over the period under review, exports, however, recorded a sharp decline. The pace of growth appeared the most rapid in 2020 with an increase of 98%. As a result, the exports attained the peak of $385K. 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 Ireland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland27.81.812.448.020.0%
United Kingdom14212.717.227.1-42.4%
United States6.015715.715.537.2%
PolandN/AN/A1.92.742.1%
Australia1.631.3N/AN/A1856.3%
Saudi ArabiaN/A6.8N/AN/A0%
CanadaN/A22.61.1N/A-95.1%
TurkeyN/A35.5N/AN/A0%
Others17.21176.20.5-69.3%
Total19538554.593.8-21.6%

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

  1. United Kingdom (700.0 kg)
  2. Switzerland (227.0 kg)
  3. United States (78.0 kg)
  4. Poland (25.0 kg)

Source: IndexBox Market Intelligence Platform

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