Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the UK - 2024

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $34,927 per ton in 2022, rising by 2.8% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 31%. The import price peaked at $37,070 per ton in 2013; however, from 2014 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 Japan ($441,028 per ton), while the price for Poland ($8,073 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+15.4%), 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 the UK (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $28,740 per ton in 2022, which is down by -25.7% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 55%. Over the period under review, the average export prices reached the maximum at $39,092 per ton in 2020; however, from 2021 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($78,009 per ton), while the average price for exports to France ($17,761 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 Ghana (+11.4%), 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 the UK

In 2022, purchases abroad of machine-tools; parts and accessories, for the machines of heading no. 8464 was finally on the rise to reach 384 tons for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, recorded a abrupt contraction.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 rose remarkably to $13M in 2022. In general, imports, however, continue to indicate a perceptible downturn. The pace of growth was the most pronounced in 2021 when imports increased by 17%.

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

1. China (124.7 tons)
2. Italy (84.1 tons)
3. Netherlands (35.8 tons)
4. United States (29.0 tons)
5. Spain (19.8 tons)
6. Germany (19.6 tons)
7. Poland (15.4 tons)
8. Sweden (9.0 tons)
9. Austria (8.9 tons)
10. Hong Kong SAR (7.7 tons)
11. France (6.0 tons)
12. Ireland (3.6 tons)

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

In 2022, approx. 146 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from the UK; jumping by 23% compared with the previous year. In general, exports, however, continue to indicate a perceptible curtailment.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 reduced to $4.2M in 2022. Overall, exports, however, continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 1%.

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

1. Ireland (25.4 tons)
2. France (9.7 tons)
3. Ghana (9.3 tons)
4. United States (8.7 tons)
5. Israel (7.5 tons)
6. Poland (7.3 tons)
7. India (5.0 tons)
8. Germany (4.1 tons)
9. Italy (3.1 tons)
10. Switzerland (1.9 tons)
11. Sweden (1.8 tons)
12. Norway (0.8 tons)

Source: IndexBox Market Intelligence Platform