Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (FOB) - 2022
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (CIF) - 2022
  3. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic
  4. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic

Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (FOB) - 2022

In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $8,292 per ton, which is down by -9.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2018 when the average export price increased by 25%. The export price peaked at $9,197 per ton in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($25,084 per ton), while the average price for exports to Germany ($5,298 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 (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (CIF) - 2022

The average import price for machinery; parts of the machinery of heading no. 8425 stood at $10,191 per ton in 2022, which is down by -25.7% against the previous year. In general, the import price, however, saw pronounced growth. The pace of growth appeared the most rapid in 2020 when the average import price increased by 73% against the previous year. As a result, import price reached the peak level of $14,692 per ton. From 2021 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 the Netherlands ($35,374 per ton), while the price for China ($5,112 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic

Exports of machinery; parts of the machinery of heading no. 8425 from the Czech Republic rose significantly to 6.5K tons in 2022, increasing by 11% against the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 14%. Over the period under review, the exports of machinery; parts of machinery of heading no. 8425 hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 totaled $54M in 2022. The total export value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 27% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Austria19.618.822.922.95.3%
Germany15.514.520.720.29.2%
Poland1.82.12.52.613.0%
Slovakia2.52.02.42.61.3%
United Kingdom0.80.70.91.523.3%
Netherlands1.31.91.40.7-18.6%
Spain0.40.40.40.40.0%
Others3.22.02.53.20.0%
Total45.142.453.754.06.2%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from the Czech Republic in 2022:

  1. Germany (3817.5 tons)
  2. Austria (1714.8 tons)
  3. Poland (181.5 tons)
  4. Slovakia (155.6 tons)
  5. United Kingdom (99.2 tons)
  6. Spain (94.6 tons)
  7. Netherlands (73.2 tons)

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic

In 2022, approx. 1.3K tons of machinery; parts of the machinery of heading no. 8425 were imported into the Czech Republic; growing by 29% against the previous year. In general, imports, however, saw a abrupt shrinkage.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 contracted slightly to $13M in 2022. Over the period under review, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $14M, and then contracted in the following year.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in the Czech Republic (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany6.05.66.06.73.7%
Italy1.71.01.61.6-2.0%
Poland0.60.71.41.226.0%
Sweden1.30.70.80.7-18.6%
Finland0.30.51.20.626.0%
Netherlands0.32.00.20.30.0%
China0.40.10.10.2-20.6%
Others2.21.52.51.9-4.8%
Total12.812.013.713.10.8%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to the Czech Republic in 2022:

  1. Germany (790.0 tons)
  2. Italy (156.8 tons)
  3. Poland (116.3 tons)
  4. China (42.5 tons)
  5. Sweden (39.5 tons)
  6. Finland (15.7 tons)
  7. Netherlands (7.5 tons)

Source: IndexBox Market Intelligence Platform

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