Price for Machines; Parts and Accessories, of Heading No. 8472 in Bolivia - 2023

Contents:

1. Price for Machines; Parts and Accessories, of Heading No. 8472 in Bolivia (CIF) - 2022
2. Price for Machines; Parts and Accessories, of Heading No. 8472 in Bolivia (FOB) - 2022
3. Imports of Machines; Parts and Accessories, of Heading No. 8472 in Bolivia
4. Exports of Machines; Parts and Accessories, of Heading No. 8472 in Bolivia

Price for Machines; Parts and Accessories, of Heading No. 8472 in Bolivia (CIF) - 2022

The average import price for machines; parts and accessories, of heading no. 8472 stood at $55,962 per ton in 2022, surging by 39% against the previous year. Overall, import price indicated a noticeable expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for machines; parts and accessories, of heading no. 8472 increased by +91.9% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($166,468 per ton), while the price for Taiwan (Chinese) ($30,629 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+12.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Parts and Accessories, of Heading No. 8472 in Bolivia (FOB) - 2022

In 2022, the average export price for machines; parts and accessories, of heading no. 8472 amounted to $59,250 per ton, surging by 2.1% against the previous year. Over the period under review, the export price saw a significant increase. The pace of growth appeared the most rapid in 2014 an increase of 502%. Over the period under review, the average export prices hit record highs at $80,855 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Peru ($77,667 per ton), while the average price for exports to the United States totaled $4,000 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Peru (+6.6%).

Imports of Machines; Parts and Accessories, of Heading No. 8472 in Bolivia

In 2022, the amount of machines; parts and accessories, of heading no. 8472 imported into Bolivia skyrocketed to 39 tons, jumping by 125% on the previous year's figure. Over the period under review, imports posted buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of machines; parts and accessories, of heading no. 8472 skyrocketed to $2.2M in 2022. In general, imports enjoyed a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Bolivia in 2022:

1. China (13.0 tons)
2. Taiwan (Chinese) (8.7 tons)
3. India (4.6 tons)
4. Japan (3.6 tons)
5. United States (2.8 tons)
6. Germany (2.3 tons)
7. Malaysia (1.2 tons)

Exports of Machines; Parts and Accessories, of Heading No. 8472 in Bolivia

In 2022, exports of machines; parts and accessories, of heading no. 8472 from Bolivia reduced markedly to 4 kg, with a decrease of -98.5% on the previous year's figure. Over the period under review, exports recorded a precipitous contraction.

In value terms, exports of machines; parts and accessories, of heading no. 8472 reduced markedly to $237 in 2022. In general, exports continue to indicate a dramatic descent.

Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Bolivia in 2022:

1. Peru (3.0 kg)
2. United States (1.0 kg)

Source: IndexBox Market Intelligence Platform