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

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Romania (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Romania (FOB) - 2023
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Romania
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Romania

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

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $17,338 per ton, declining by -30% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when the average import price increased by 47% against the previous year. Over the period under review, average import prices attained the peak figure at $24,765 per ton in 2021, and then shrank sharply 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 France ($96,468 per ton), while the price for China ($3,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (+16.8%), 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 Romania (FOB) - 2023

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $16,502 per ton in November 2023, increasing by 128% against the previous month. Overall, the export price continues to indicate a resilient increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major export destination, the average price level is determined by prices for the United States.

From December 2022 to November 2023, the rate of growth in terms of prices for France amounted to +25.6% per month.

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

In 2022, approx. 373 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were imported into Romania; jumping by 77% against the previous year's figure. In general, imports enjoyed a strong increase. 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 $6.5M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +9.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +58.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 28%. Imports peaked in 2022 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 Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1,0541,0801,8851,86821.0%
Germany1,3547369621,85411.0%
China79.770.995.849583.8%
Belgium94.819732140462.1%
Czech Republic664577279368-17.9%
Hungary78.772.041716828.8%
Turkey11.019.265.562.678.5%
Poland37084.022532.3-55.6%
Others1,2881,2509691,219-1.8%
Total4,9954,0855,2206,4719.0%

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

  1. China (132.0 tons)
  2. Germany (86.4 tons)
  3. Italy (68.0 tons)
  4. Belgium (27.4 tons)
  5. Hungary (12.3 tons)
  6. Turkey (11.3 tons)
  7. Czech Republic (11.3 tons)
  8. Poland (2.3 tons)

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

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Romania fell significantly to 592 tons, which is down by -22.6% against the year before. In general, exports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when exports increased by 0.6%.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 fell markedly to $3.4M in 2022. Over the period under review, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by 22% against the previous year.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Romania (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1,0696899232,09325.1%
Spain1,489579959640-24.5%
France589810607221-27.9%
Italy5571,0751,053191-30.0%
Austria807699842166-41.0%
Bulgaria24.630.046.341.819.3%
Slovakia37977.01.60.2-91.9%
Others14012754795.4-12.0%
Total5,0554,0864,9783,448-12.0%

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

  1. Germany (410.9 tons)
  2. France (52.4 tons)
  3. Italy (42.3 tons)
  4. Spain (39.0 tons)
  5. Austria (29.5 tons)
  6. Bulgaria (11.7 tons)

Source: IndexBox Market Intelligence Platform

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