Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands - 2023
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands (CIF) - 2023
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands (FOB) - 2023
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands
Price for Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands (CIF) - 2023
The average import price for machinery; parts of the machinery of heading no. 8425 stood at $10,472 per ton in November 2023, falling by -2.8% against the previous month. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in April 2023 an increase of 60% against the previous month. As a result, import price attained the peak level of $16,886 per ton. From May 2023 to November 2023, the average import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was Turkey ($23,722 per ton), while the price for China ($4,248 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Turkey (+5.3%), 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 the Netherlands (FOB) - 2023
The average export price for machinery; parts of the machinery of heading no. 8425 stood at $20,693 per ton in November 2023, surging by 2.6% against the previous month. Over the period under review, export price indicated pronounced growth from December 2022 to November 2023: its price increased at an average monthly rate of +4.3% over the last eleven months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on November 2023 figures, export price for machinery; parts of the machinery of heading no. 8425 increased by +14.8% against August 2023 indices. The most prominent rate of growth was recorded in June 2023 an increase of 25% against the previous month. Over the period under review, the average export prices hit record highs in November 2023.
Prices varied noticeably by the country of destination: the country with the highest price was China ($24,587 per ton), while the average price for exports to the United States ($16,161 per ton) was amongst the lowest.
From December 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands
In 2022, the amount of machinery; parts of the machinery of heading no. 8425 imported into the Netherlands fell to 15K tons, which is down by -8.2% on 2021. The total import volume increased at an average annual rate of +1.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports attained the peak of 16K tons, and then fell in the following year.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 reduced to $148M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +8.8% 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 +32.9% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 42% against the previous year. As a result, imports reached the peak of $158M, and then shrank in the following year.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 26.1 | 19.5 | 30.8 | 30.3 | 5.1% |
| Germany | 17.0 | 19.8 | 19.6 | 28.7 | 19.1% |
| Denmark | 8.2 | 12.6 | 20.0 | 23.3 | 41.6% |
| Italy | 14.6 | 14.7 | 24.3 | 11.0 | -9.0% |
| Turkey | 7.1 | 6.5 | 11.4 | 9.1 | 8.6% |
| Poland | 1.8 | 2.9 | 6.2 | 6.9 | 56.5% |
| Belgium | 4.2 | 4.1 | 5.2 | 6.9 | 18.0% |
| India | 1.9 | 1.9 | 3.8 | 2.2 | 5.0% |
| Others | 33.9 | 28.9 | 36.5 | 29.2 | -4.9% |
| Total | 115 | 111 | 158 | 148 | 8.8% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to the Netherlands in 2022:
- China (6.6K tons)
- Germany (2.0K tons)
- Italy (1.4K tons)
- Denmark (1.1K tons)
- Poland (0.7K tons)
- Turkey (0.6K tons)
- India (0.4K tons)
- Belgium (0.4K tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands
In 2022, after three years of growth, there was significant decline in shipments abroad of machinery; parts of the machinery of heading no. 8425, when their volume decreased by -27.6% to 6.2K tons. Over the period under review, exports showed a pronounced contraction. The pace of growth appeared the most rapid in 2020 when exports increased by 17% against the previous year.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 reduced to $98M in 2022. Overall, exports showed a mild contraction. The pace of growth was the most pronounced in 2021 with an increase of 12%. As a result, the exports attained the peak of $110M, and then shrank in the following year.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in the Netherlands (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 10.0 | 7.9 | 11.1 | 16.8 | 18.9% |
| Germany | 13.8 | 15.4 | 13.4 | 16.5 | 6.1% |
| Belgium | 12.1 | 8.9 | 11.6 | 12.7 | 1.6% |
| France | 15.4 | 13.2 | 13.9 | 12.2 | -7.5% |
| Italy | 3.0 | 3.8 | 6.6 | 5.5 | 22.4% |
| Poland | 3.3 | 1.9 | 7.5 | 3.6 | 2.9% |
| Sweden | 2.9 | 3.0 | 2.3 | 2.9 | 0.0% |
| United Kingdom | 6.9 | 5.8 | 5.5 | 2.5 | -28.7% |
| Austria | 1.2 | 1.1 | 1.3 | 2.0 | 18.6% |
| Norway | 2.8 | 1.8 | 1.4 | 1.6 | -17.0% |
| Finland | 3.5 | 5.3 | 1.3 | 1.0 | -34.1% |
| Turkey | 1.0 | 1.9 | 1.4 | 0.9 | -3.5% |
| Morocco | 1.6 | 1.5 | 1.8 | N/A | 6.1% |
| Others | 24.2 | 26.9 | 30.9 | 20.1 | -6.0% |
| Total | 102 | 98.5 | 110 | 98.4 | -1.2% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from the Netherlands in 2022:
- Germany (1410.5 tons)
- United States (957.1 tons)
- France (805.3 tons)
- Belgium (699.6 tons)
- Italy (398.9 tons)
- Poland (204.8 tons)
- United Kingdom (183.7 tons)
- Austria (178.2 tons)
- Sweden (146.5 tons)
- Norway (102.5 tons)
- Finland (91.7 tons)
- Turkey (42.3 tons)
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