Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus - 2022

Contents:

  1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (CIF) - 2022
  2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (FOB) - 2022
  3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus
  4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $19,031 per ton, waning by -11.8% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the average import price increased by 139%. As a result, import price reached the peak level of $37,507 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($41,866 per ton), while the price for Ukraine ($4,382 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+10.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (FOB) - 2022

The average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $157,895 per ton in 2022, reducing by -17.5% against the previous year. Overall, the export price saw a pronounced contraction. The pace of growth appeared the most rapid in 2015 when the average export price increased by 86%. As a result, the export price attained the peak level of $363,132 per ton. From 2016 to 2022, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Russia.

From 2012 to 2022, the rate of growth in terms of prices for Ukraine amounted to +44.9% per year.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into Belarus declined sharply to 16 tons, shrinking by -30.5% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 64%. As a result, imports attained the peak of 23 tons, and then reduced rapidly in the following year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 dropped notably to $305K in 2022. In general, imports faced a drastic downturn. The growth pace was the most rapid in 2021 when imports increased by 19% against the previous year.

Import of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy213174204136-13.9%
Russia23062.278.995.2-25.5%
Germany7.473.870.030.860.9%
China15.234.146.220.410.3%
Sweden0.60.315.36.7123.5%
Ukraine5.58.89.85.2-1.9%
Others34.764.773.411.3-31.2%
Total506418498305-15.5%

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Belarus in 2022:

  1. Russia (5.8 tons)
  2. Germany (3.8 tons)
  3. Italy (3.2 tons)
  4. China (1.4 tons)
  5. Ukraine (1.2 tons)
  6. Sweden (0.4 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 exported from Belarus shrank notably to 152 kg, waning by -50.3% against 2021. Over the period under review, exports recorded a precipitous setback. The most prominent rate of growth was recorded in 2021 when exports increased by 226% against the previous year.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 reduced markedly to $24K in 2022. Overall, exports saw a precipitous descent. The pace of growth was the most pronounced in 2021 when exports increased by 231% against the previous year.

Export of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Belarus (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Russia5.315.236.824.065.4%
LatviaN/AN/A21.8N/A0%
Ukraine64.92.1N/AN/A-96.8%
OthersN/A0.4N/AN/A0%
Total70.217.758.624.0-30.1%

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Belarus in 2022:

  1. Russia (152.0 kg)

Source: IndexBox Market Intelligence Platform

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