Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United Arab Emirates - 2022

Contents:

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

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

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $17,443 per ton, with a decrease of -7.1% against the previous year. Overall, the import price showed a noticeable decrease. The pace of growth was the most pronounced in 2017 an increase of 28% against the previous year. Over the period under review, average import prices hit record highs at $21,417 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Switzerland ($97,862 per ton), while the price for China ($9,586 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Iran (+309.8%), 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 the United Arab Emirates (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $19,532 per ton in 2022, reducing by -6.7% against the previous year. In general, the export price continues to indicate a abrupt slump. The growth pace was the most rapid in 2015 an increase of 217%. As a result, the export price attained the peak level of $170,693 per ton. From 2016 to 2022, the average export prices remained at a somewhat lower figure.

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 Singapore ($188,000 per ton), while the average price for exports to Oman totaled $18,532 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Qatar (+66.4%), 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 the United Arab Emirates

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into the United Arab Emirates soared to 386 tons, with an increase of 34% compared with the year before. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by 45% against the previous year. Over the period under review, imports of machine-tools; parts and accessories, for machines of heading no. 8464 reached the maximum in 2022 and are likely to continue growth in years to come.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 skyrocketed to $6.7M in 2022. In general, imports saw significant growth. The pace of growth was the most pronounced in 2021 with an increase of 66% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

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

1. China (248.6 tons)
2. Italy (117.3 tons)
3. United Kingdom (0.9 tons)

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

Exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from the United Arab Emirates skyrocketed to 82 tons in 2022, growing by 28% against 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 218%. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 reached the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $1.6M in 2022. In general, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 114%. Over the period under review, the exports of machine-tools; parts and accessories, for machines of heading no. 8464 attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Oman (79.1 tons)

Source: IndexBox Market Intelligence Platform