Price for Machinery; Parts of the Machinery of Heading No. 8425 in Russia - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Russia (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Russia (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Russia
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Russia
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Russia (CIF) - 2022
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $7,455 per ton in 2022, falling by -14.4% against the previous year. Overall, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2016 when the average import price increased by 17% against the previous year. As a result, import price attained the peak level of $10,952 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($22,429 per ton), while the price for Ukraine ($3,718 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Russia (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $8,532 per ton, almost unchanged from the previous year. Overall, the export price continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2021 when the average export price increased by 27% against the previous year. The export price peaked at $15,532 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($15,246 per ton), while the average price for exports to Kyrgyzstan ($2,772 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 Tajikistan (+0.8%), while the prices for the other major destinations experienced a decline.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Russia
In 2022, purchases abroad of machinery; parts of the machinery of heading no. 8425 decreased by -20.6% to 2.3K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a slight decrease. The pace of growth was the most pronounced in 2020 when imports increased by 10% against the previous year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 shrank remarkably to $17M in 2022. In general, imports showed a deep reduction. The growth pace was the most rapid in 2021 with an increase of 16% against the previous year. As a result, imports reached the peak of $25M, and then declined notably in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Russia (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 2.3 | 2.6 | 4.1 | 5.3 | 32.1% |
| Italy | 0.9 | 0.6 | 1.4 | 3.1 | 51.0% |
| Poland | 8.9 | 4.2 | 7.2 | 2.0 | -39.2% |
| Bulgaria | 1.5 | 1.5 | 1.6 | 1.4 | -2.3% |
| Turkey | 0.3 | 0.1 | N/A | 1.2 | 58.7% |
| Germany | 2.1 | 3.1 | 2.1 | 1.0 | -21.9% |
| Lithuania | 0.7 | 1.3 | 1.3 | 0.6 | -5.0% |
| Ukraine | 0.6 | 2.4 | 1.3 | 0.1 | -45.0% |
| Others | 6.0 | 5.5 | 5.6 | 2.2 | -28.4% |
| Total | 23.4 | 21.3 | 24.8 | 16.9 | -10.3% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Russia in 2022:
- China (1303.5 tons)
- Italy (312.9 tons)
- Bulgaria (134.2 tons)
- Poland (123.1 tons)
- Turkey (117.1 tons)
- Lithuania (53.8 tons)
- Germany (44.3 tons)
- Ukraine (33.0 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Russia
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 exported from Russia declined notably to 152 tons, waning by -16.4% compared with 2021. In general, exports saw a precipitous descent.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 fell notably to $1.3M in 2022. Overall, exports saw a precipitous slump. The smallest decline of -1.9% was in 2021.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Russia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Kazakhstan | 1,930 | 935 | 814 | 820 | -24.8% |
| Tajikistan | 95.4 | 2.0 | 0.1 | 122 | 8.5% |
| United States | 52.9 | 115 | 107 | 89.7 | 19.2% |
| Kyrgyzstan | 27.5 | 13.2 | 13.5 | 60.5 | 30.1% |
| Kuwait | N/A | N/A | N/A | 59.8 | 0% |
| Armenia | 9.7 | 3.3 | 8.9 | 33.0 | 50.4% |
| Uzbekistan | 7.3 | 146 | 165 | 30.6 | 61.2% |
| Germany | 37.8 | 175 | 11.5 | 2.5 | -59.6% |
| Belarus | 345 | 89.1 | 156 | N/A | -32.8% |
| Ukraine | 60.9 | 10.7 | 4.6 | N/A | -72.5% |
| Others | 296 | 97.0 | 277 | 79.8 | -35.4% |
| Total | 2,863 | 1,586 | 1,557 | 1,298 | -23.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Russia in 2022:
- Kazakhstan (85.2 tons)
- Kyrgyzstan (21.8 tons)
- Tajikistan (16.0 tons)
- Kuwait (7.3 tons)
- Armenia (6.0 tons)
- United States (5.9 tons)
- Uzbekistan (3.8 tons)
- Germany (0.5 tons)
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