Price for Machinery; Parts of Machinery of Heading No. 8422 in Ukraine - 2023

Contents:

1. Price for Machinery; Parts of Machinery of Heading No. 8422 in Ukraine (CIF) - 2022
2. Price for Machinery; Parts of Machinery of Heading No. 8422 in Ukraine (FOB) - 2023
3. Imports of Machinery; Parts of Machinery of Heading No. 8422 in Ukraine
4. Exports of Machinery; Parts of Machinery of Heading No. 8422 in Ukraine

Price for Machinery; Parts of Machinery of Heading No. 8422 in Ukraine (CIF) - 2022

The average import price for machinery; parts of machinery of heading no. 8422 stood at $116,759 per ton in 2022, picking up by 26% against the previous year. Over the period under review, the import price, however, saw a noticeable descent. The import price peaked at $166,672 per ton in 2012; however, from 2013 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 Italy ($364,424 per ton), while the price for China ($16,519 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+5.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machinery; Parts of Machinery of Heading No. 8422 in Ukraine (FOB) - 2023

In November 2023, the average export price for machinery; parts of machinery of heading no. 8422 amounted to $11,762 per ton, declining by -65.8% against the previous month. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in June 2023 an increase of 203% against the previous month. Over the period under review, the average export prices attained the maximum at $51,597 per ton in February 2023; however, from March 2023 to November 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Belgium ($91,876 per ton), while the average price for exports to Italy ($7,356 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+73.1%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of Machinery of Heading No. 8422 in Ukraine

In 2022, overseas purchases of machinery; parts of machinery of heading no. 8422 decreased by -46.7% to 48 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a sharp setback. The pace of growth was the most pronounced in 2020 with an increase of 24%. As a result, imports attained the peak of 122 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of machinery; parts of machinery of heading no. 8422 declined markedly to $5.7M in 2022. Overall, imports showed a abrupt contraction. The pace of growth was the most pronounced in 2020 with an increase of 30%. As a result, imports reached the peak of $12M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Ukraine in 2022:

1. China (25.9 tons)
2. Germany (7.2 tons)
3. Italy (5.5 tons)
4. Spain (1.6 tons)
5. Czech Republic (1.3 tons)
6. Turkey (1.2 tons)
7. Poland (1.1 tons)
8. Belgium (0.8 tons)
9. France (0.6 tons)

Exports of Machinery; Parts of Machinery of Heading No. 8422 in Ukraine

For the third year in a row, Ukraine recorded decline in overseas shipments of machinery; parts of machinery of heading no. 8422, which decreased by -71% to 59 tons in 2022. Over the period under review, exports saw a dramatic setback. The smallest decline of -2.8% was in 2021.

In value terms, exports of machinery; parts of machinery of heading no. 8422 reduced dramatically to $1.4M in 2022. Overall, exports showed a significant curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 13%. As a result, the exports reached the peak of $3.5M, and then contracted remarkably in the following year.

Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Ukraine in 2022:

1. Denmark (20.4 tons)
2. Italy (14.9 tons)
3. Poland (10.5 tons)
4. Turkey (3.9 tons)
5. Belgium (3.8 tons)
6. Lithuania (2.4 tons)
7. Russia (0.3 tons)

Source: IndexBox Market Intelligence Platform