Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Luxembourg - 2023

Contents:

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

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

The average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 stood at $11,285 per ton in 2022, with an increase of 7.1% against the previous year. Over the period under review, the import price saw temperate growth. The most prominent rate of growth was recorded in 2014 when the average import price increased by 436% against the previous year. Over the period under review, average import prices hit record highs at $14,017 per ton in 2015; however, from 2016 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($26,033 per ton), while the price for Germany ($2,640 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+19.4%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $9,154 per ton, rising by 8.6% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average export price increased by 194%. Over the period under review, the average export prices reached the peak figure at $13,034 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($20,575 per ton), while the average price for exports to Italy ($3,170 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 Belgium (+13.3%), while the prices for the other major destinations experienced more modest paces of growth.

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

Imports of machine-tools; parts and accessories, for the machines of heading no. 8464 into Luxembourg shrank to 420 tons in 2022, waning by -14.3% on the previous year. In general, total imports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +5.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 55% against the previous year. As a result, imports reached the peak of 491 tons, and then fell in the following year.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 reduced to $4.7M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 44%. As a result, imports attained the peak of $5.2M, and then contracted in the following year.

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

1. Belgium (182.5 tons)
2. Germany (119.6 tons)
3. France (43.3 tons)
4. Turkey (24.6 tons)
5. China (19.2 tons)
6. Netherlands (9.3 tons)

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

In 2022, approx. 137 tons of machine-tools; parts and accessories, for the machines of heading no. 8464 were exported from Luxembourg; reducing by -1.9% against 2021. In general, exports continue to indicate a abrupt slump.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 expanded remarkably to $1.2M in 2022. Overall, exports continue to indicate a perceptible decrease.

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

1. Germany (66.9 tons)
2. Italy (14.9 tons)
3. France (13.6 tons)
4. Netherlands (13.3 tons)
5. Belgium (9.7 tons)
6. Spain (4.9 tons)
7. United Kingdom (4.6 tons)

Source: IndexBox Market Intelligence Platform