Price for Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg - 2023
Contents:
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (CIF) - 2022
- Price for Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (FOB) - 2022
- Imports of Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg
- Exports of Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg
Price for Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (CIF) - 2022
The average import price for machinery; parts of machinery of heading no. 8422 stood at $57,110 per ton in 2022, shrinking by -8.6% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 an increase of 51%. As a result, import price attained the peak level of $68,375 per ton. From 2021 to 2022, the average import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($72,343 per ton), while the price for Italy ($33,551 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (FOB) - 2022
The average export price for machinery; parts of machinery of heading no. 8422 stood at $75,452 per ton in 2022, surging by 4.6% against the previous year. Over the period under review, the export price, however, showed a pronounced curtailment. The pace of growth was the most pronounced in 2018 when the average export price increased by 143% against the previous year. The export price peaked at $148,926 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($606,800 per ton), while the average price for exports to the Netherlands ($19,593 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 the UK (+12.7%), 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 Luxembourg
Imports of machinery; parts of machinery of heading no. 8422 into Luxembourg declined to 94 tons in 2022, reducing by -13.3% on the previous year's figure. Over the period under review, imports showed a deep reduction. The most prominent rate of growth was recorded in 2021 when imports increased by 2.4% against the previous year.
In value terms, imports of machinery; parts of machinery of heading no. 8422 contracted markedly to $5.4M in 2022. In general, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 33% against the previous year. As a result, imports attained the peak of $7.2M. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 2.7 | 2.9 | 2.8 | 2.7 | 0.0% |
| France | 0.8 | 0.9 | 1.2 | 0.9 | 4.0% |
| Belgium | 0.8 | 1.5 | 1.8 | 0.9 | 4.0% |
| Italy | 0.4 | 0.8 | 0.2 | 0.3 | -9.1% |
| Netherlands | 0.2 | 0.6 | 0.4 | 0.2 | 0.0% |
| Others | 0.5 | 0.6 | 0.3 | 0.3 | -15.7% |
| Total | 5.4 | 7.2 | 6.8 | 5.4 | 0.0% |
Top Suppliers of Machinery; Parts of Machinery of Heading No. 8422 to Luxembourg in 2022:
- Germany (52.1 tons)
- France (14.1 tons)
- Belgium (12.2 tons)
- Italy (9.9 tons)
- Netherlands (2.8 tons)
Exports of Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg
In 2022, shipments abroad of machinery; parts of machinery of heading no. 8422 decreased by -59.6% to 6.8 tons, falling for the second consecutive year after two years of growth. Overall, exports saw a precipitous descent. The pace of growth appeared the most rapid in 2020 when exports increased by 9.5% against the previous year. As a result, the exports attained the peak of 22 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.
In value terms, exports of machinery; parts of machinery of heading no. 8422 declined rapidly to $512K in 2022. Over the period under review, exports faced a precipitous curtailment. The smallest decline of -7.6% was in 2021.
| Export of Machinery; Parts of Machinery of Heading No. 8422 in Luxembourg (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 105 | 194 | 83.0 | 132 | 7.9% |
| Ukraine | N/A | N/A | 35.7 | 67.5 | 89.1% |
| United Kingdom | N/A | N/A | 25.7 | 40.6 | 58.0% |
| Philippines | 83.4 | N/A | 91.3 | 39.2 | -22.2% |
| Germany | 42.1 | 167 | 34.2 | 29.8 | -10.9% |
| Poland | 83.4 | 16.7 | 50.3 | 23.8 | -34.2% |
| Taiwan (Chinese) | 62.9 | 12.1 | 14.1 | 9.2 | -47.3% |
| Netherlands | 284 | 212 | 74.6 | 8.6 | -68.8% |
| Russia | 1,852 | 42.4 | 150 | 3.0 | -88.3% |
| Turkey | 149 | 45.6 | 36.2 | N/A | -50.7% |
| Others | 322 | 621 | 616 | 158 | -21.1% |
| Total | 2,984 | 1,310 | 1,211 | 512 | -44.4% |
Top Export Markets for Machinery; Parts of Machinery of Heading No. 8422 from Luxembourg in 2022:
- France (2549.0 kg)
- United Kingdom (1020.0 kg)
- Germany (740.0 kg)
- Poland (577.0 kg)
- Netherlands (437.0 kg)
- Philippines (420.0 kg)
- Ukraine (310.0 kg)
- Taiwan (Chinese) (175.0 kg)
- Russia (5.0 kg)
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