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

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $33,360 per ton in 2022, shrinking by -6.2% against the previous year. In general, the import price continues to indicate a perceptible reduction. The growth pace was the most rapid in 2015 when the average import price increased by 18%. As a result, import price attained the peak level of $49,051 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 ($35,486 per ton), while the price for Germany ($20,731 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), 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 Pakistan (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $22,643 per ton, picking up by 43% against the previous year. In general, the export price, however, saw a deep slump. The growth pace was the most rapid in 2018 when the average export price increased by 2,710%. As a result, the export price reached the peak level of $105,362 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Angola ($121,000 per ton), while the average price for exports to Bahrain ($1,000 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 (+1.6%), while the prices for the other major destinations experienced a decline.

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

After three years of growth, supplies from abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 decreased by -76.8% to 14 tons in 2022. In general, imports, however, saw a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 242%. As a result, imports attained the peak of 60 tons, and then fell dramatically in the following year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped significantly to $465K in 2022. Over the period under review, imports, however, enjoyed prominent growth. The growth pace was the most rapid in 2021 with an increase of 225% against the previous year. As a result, imports reached the peak of $2.1M, and then reduced dramatically in the following year.

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

1. China (11.3 tons)
2. United States (0.6 tons)
3. Netherlands (0.5 tons)
4. Australia (0.4 tons)
5. Germany (0.3 tons)
6. Italy (0.1 tons)

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

Exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Pakistan soared to 14 kg in 2022, growing by 17% compared with the previous year. Over the period under review, exports, however, saw a sharp curtailment.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $317 in 2022. In general, exports, however, saw a sharp slump.

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

1. Bahrain (1.0 kg)
2. Canada (1.0 kg)
3. Italy (1.0 kg)
4. Burundi (1.0 kg)
5. Singapore (1.0 kg)
6. Oman (1.0 kg)
7. Indonesia (1.0 kg)
8. India (1.0 kg)
9. France (1.0 kg)
10. Ethiopia (1.0 kg)
11. Germany (1.0 kg)
12. Switzerland (1.0 kg)
13. Angola (1.0 kg)

Source: IndexBox Market Intelligence Platform