Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States - 2024
Contents:
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (FOB) - 2022
- Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (CIF) - 2022
- Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States
- Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (FOB) - 2022
In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $366,042 per ton, increasing by 42% against the previous year. Over the period under review, the export price recorded a significant increase. The pace of growth was the most pronounced in 2020 when the average export price increased by 225%. The export price peaked in 2022 and is expected to retain growth in years to come.
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 China ($2,076,786 per ton), while the average price for exports to Singapore ($73,876 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 China (+44.3%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (CIF) - 2022
The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $23,263 per ton in 2022, dropping by -3% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2020 when the average import price increased by 53% against the previous year. Over the period under review, average import prices reached the maximum at $30,969 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($59,927 per ton), while the price for Mexico ($3,591 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+11.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States
In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from the United States dropped notably to 990 tons, declining by -20.2% against 2021. Over the period under review, exports showed a significant decline.
In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded significantly to $362M in 2022. The total export value increased at an average annual rate of +8.7% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when exports increased by 21%. 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 years to come.
| Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 73.6 | 92.9 | 101 | 84.6 | 4.8% |
| China | 28.8 | 40.5 | 40.5 | 76.6 | 38.6% |
| Philippines | 50.1 | 34.7 | 11.5 | 37.1 | -9.5% |
| South Korea | 5.5 | 11.3 | 12.2 | 24.0 | 63.4% |
| Germany | 13.6 | 15.8 | 26.1 | 19.2 | 12.2% |
| Singapore | 22.0 | 24.9 | 23.1 | 18.4 | -5.8% |
| Mexico | 7.0 | 6.2 | 16.6 | 17.3 | 35.2% |
| France | 9.6 | 10.9 | 9.7 | 14.5 | 14.7% |
| Canada | 13.7 | 12.0 | 15.8 | 14.3 | 1.4% |
| Japan | 9.0 | 14.9 | 9.3 | 10.3 | 4.6% |
| Ireland | 1.3 | 5.9 | 3.4 | 5.7 | 63.7% |
| Israel | 15.6 | 35.3 | 16.1 | 3.1 | -41.6% |
| Others | 31.9 | 34.5 | 33.7 | 37.2 | 5.3% |
| Total | 282 | 340 | 319 | 362 | 8.7% |
Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from the United States in 2022:
- Singapore (248.7 tons)
- South Korea (215.6 tons)
- Canada (120.3 tons)
- Germany (105.7 tons)
- Taiwan (Chinese) (61.3 tons)
- Philippines (37.8 tons)
- Ireland (37.3 tons)
- China (36.9 tons)
- Japan (23.0 tons)
- Mexico (15.7 tons)
- France (8.8 tons)
- Israel (2.8 tons)
Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States
In 2022, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into the United States rose notably to 3.3K tons, picking up by 15% compared with 2021 figures. Overall, imports, however, saw a abrupt decline.
In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded rapidly to $76M in 2022. Over the period under review, imports, however, saw a perceptible slump. The growth pace was the most rapid in 2021 with an increase of 12%.
| Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in the United States (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Italy | 20.5 | 18.1 | 23.2 | 25.1 | 7.0% |
| China | 18.9 | 7.4 | 8.7 | 7.4 | -26.8% |
| Switzerland | 2.2 | 1.3 | 2.2 | 5.9 | 38.9% |
| Japan | 4.5 | 3.3 | 4.2 | 5.5 | 6.9% |
| Germany | 5.8 | 4.6 | 4.7 | 5.5 | -1.8% |
| Sweden | 7.3 | 4.9 | 5.9 | 4.8 | -13.0% |
| Bulgaria | 1.5 | 1.4 | 2.0 | 4.1 | 39.8% |
| Taiwan (Chinese) | 13.1 | 8.0 | 2.5 | 2.6 | -41.7% |
| Canada | 2.6 | 1.9 | 2.4 | 2.0 | -8.4% |
| France | 2.1 | 1.5 | 1.7 | 1.6 | -8.7% |
| Mexico | 0.1 | 0.1 | 0.1 | 0.2 | 26.0% |
| India | 0.2 | 0.2 | 0.2 | 0.1 | -20.6% |
| Others | 8.4 | 8.4 | 10.7 | 11.3 | 10.4% |
| Total | 87.1 | 61.2 | 68.4 | 76.2 | -4.4% |
Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to the United States in 2022:
- Italy (969.3 tons)
- China (595.9 tons)
- Germany (339.1 tons)
- Japan (332.4 tons)
- Taiwan (Chinese) (242.3 tons)
- Bulgaria (129.1 tons)
- Switzerland (99.0 tons)
- Sweden (88.7 tons)
- Canada (86.8 tons)
- Mexico (68.1 tons)
- France (54.3 tons)
- India (38.8 tons)
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