Price for Machinery; Parts of Machinery of Heading No. 8422 in Japan - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Japan (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Japan (FOB) - 2023
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Japan
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Japan
Price for Machinery; Parts of Machinery of Heading No. 8422 in Japan (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $39,874 per ton in 2022, with a decrease of -2% against the previous year. Overall, import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of +2.7% 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 machinery; parts of machinery of heading no. 8422 decreased by -26.4% against 2016 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by 80%. As a result, import price attained the peak level of $54,173 per ton. From 2017 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 Italy ($189,728 per ton), while the price for Thailand ($12,799 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+12.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Japan (FOB) - 2023
The average export price for machinery; parts of machinery of heading no. 8422 stood at $170K per ton in November 2023, picking up by 9.2% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.5%. The pace of growth appeared the most rapid in April 2023 when the average export price increased by 14% m-o-m. The export price peaked at $195K per ton in August 2023; however, from September 2023 to November 2023, the export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was Malaysia ($476K per ton), while the average price for exports to Vietnam ($91,769 per ton) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machinery; Parts of Machinery of Heading No. 8422 in Japan
In 2022, purchases abroad of machinery; parts of machinery of heading no. 8422 decreased by -6.6% to 2.9K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports recorded a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 2.2% against the previous year. As a result, imports attained the peak of 3.1K tons, and then reduced in the following year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 dropped to $114M in 2022. Overall, imports continue to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2020 when imports increased by 2.4% against the previous year. As a result, imports attained the peak of $140M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 35.7 | 29.8 | 34.8 | 30.3 | -5.3% |
| Germany | 22.7 | 39.3 | 24.6 | 19.2 | -5.4% |
| Italy | 24.9 | 20.9 | 18.0 | 13.6 | -18.3% |
| Vietnam | 10.4 | 9.4 | 9.6 | 10.4 | 0.0% |
| Taiwan (Chinese) | 3.7 | 4.1 | 5.3 | 6.8 | 22.5% |
| South Korea | 2.9 | 2.5 | 2.7 | 2.9 | 0.0% |
| Thailand | 2.3 | 2.0 | 2.2 | 2.6 | 4.2% |
| Others | 33.8 | 31.7 | 27.6 | 28.6 | -5.4% |
| Total | 136 | 140 | 125 | 114 | -5.7% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Japan in 2022:
- China (1152.9 tons)
- Germany (703.0 tons)
- Vietnam (378.0 tons)
- Thailand (201.8 tons)
- South Korea (113.4 tons)
- Taiwan (Chinese) (79.9 tons)
- Italy (71.8 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Japan
Exports of machinery; parts of machinery of heading no. 8422 from Japan reduced dramatically to 636 tons in 2022, which is down by -16.9% against the previous year. Over the period under review, exports saw a abrupt descent. The growth pace was the most rapid in 2021 when exports increased by 4.9%.
In value terms, exports of machinery; parts of machinery of heading no. 8422 reduced remarkably to $100M in 2022. In general, exports saw a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 11%. As a result, the exports attained the peak of $123M, and then fell notably in the following year.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Japan (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 25.0 | 27.7 | 31.5 | 28.5 | 4.5% |
| China | 22.7 | 22.8 | 28.1 | 17.1 | -9.0% |
| Thailand | 7.4 | 7.7 | 6.7 | 5.6 | -8.9% |
| South Korea | 9.7 | 6.4 | 4.5 | 5.1 | -19.3% |
| Vietnam | 5.6 | 5.5 | 5.0 | 4.9 | -4.4% |
| Philippines | 5.3 | 4.3 | 4.3 | 2.8 | -19.2% |
| Germany | 2.6 | 2.1 | 3.1 | 2.7 | 1.3% |
| Canada | 1.7 | 1.7 | 2.5 | 2.5 | 13.7% |
| Taiwan (Chinese) | 3.3 | 2.7 | 3.0 | 2.2 | -12.6% |
| France | 2.9 | 2.2 | 2.6 | 2.0 | -11.6% |
| India | 2.9 | 2.5 | 2.5 | 1.9 | -13.1% |
| Netherlands | 1.7 | 1.4 | 1.6 | 1.7 | 0.0% |
| Italy | 0.8 | 0.6 | 1.5 | 1.6 | 26.0% |
| Others | 27.7 | 23.1 | 26.0 | 21.2 | -8.5% |
| Total | 119 | 111 | 123 | 99.8 | -5.7% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Japan in 2022:
- United States (221.0 tons)
- China (111.3 tons)
- Thailand (52.3 tons)
- Vietnam (47.5 tons)
- South Korea (22.6 tons)
- Taiwan (Chinese) (13.5 tons)
- Italy (13.3 tons)
- Germany (13.1 tons)
- France (13.0 tons)
- Netherlands (12.7 tons)
- Canada (12.2 tons)
- Philippines (11.7 tons)
- India (10.7 tons)
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