Price for Machinery; Parts of the Machinery of Heading No. 8425 in Algeria - 2022
Contents:
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Algeria (CIF) - 2022
- Price for Machinery; Parts of the Machinery of Heading No. 8425 in Algeria (FOB) - 2022
- Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria
- Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria
Price for Machinery; Parts of the Machinery of Heading No. 8425 in Algeria (CIF) - 2022
In 2022, the average import price for machinery; parts of the machinery of heading no. 8425 amounted to $31,193 per ton, rising by 82% against the previous year. Over the period under review, the import price saw a resilient increase. The most prominent rate of growth was recorded in 2014 an increase of 88% against the previous year. Over the period under review, average import prices attained the maximum in 2022 and is likely to see steady growth in years to come.
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 the UK ($66,062 per ton), while the price for Turkey ($2,434 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.8%), 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 Algeria (FOB) - 2022
In 2022, the average export price for machinery; parts of the machinery of heading no. 8425 amounted to $14,977 per ton, rising by 2.3% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2017 when the average export price increased by 252% against the previous year. Over the period under review, the average export prices hit record highs at $38,375 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($15,713 per ton), while the average price for exports to France totaled $9,351 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (-12.8%).
Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria
In 2022, purchases abroad of machinery; parts of the machinery of heading no. 8425 decreased by -45.7% to 90 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 67% against the previous year. As a result, imports reached the peak of 205 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of machinery; parts of the machinery of heading no. 8425 dropped modestly to $2.8M in 2022. The total import value increased at an average annual rate of +11.5% 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 2020 with an increase of 35%.
| Import of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 1,159 | 1,833 | 1,673 | 1,773 | 15.2% |
| United Kingdom | 268 | 191 | 34.7 | 331 | 7.3% |
| United Arab Emirates | 26.3 | 26.6 | 333 | 322 | 130.5% |
| United States | 162 | 196 | 137 | 110 | -12.1% |
| Italy | 108 | 33.2 | 133 | 57.4 | -19.0% |
| China | 69.7 | 111 | 98.6 | 46.2 | -12.8% |
| Poland | 6.3 | 12.6 | 14.6 | 29.7 | 67.7% |
| Turkey | 4.2 | 19.7 | 5.7 | 16.3 | 57.1% |
| Spain | 47.3 | 31.1 | 18.1 | 12.2 | -36.3% |
| Netherlands | 48.3 | 102 | 106 | 2.5 | -62.7% |
| Others | 114 | 151 | 273 | 92.2 | -6.8% |
| Total | 2,012 | 2,707 | 2,825 | 2,793 | 11.6% |
Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Algeria in 2022:
- Germany (29.3 tons)
- China (17.3 tons)
- United Arab Emirates (8.3 tons)
- United States (7.2 tons)
- Turkey (6.7 tons)
- United Kingdom (5.0 tons)
- Italy (4.6 tons)
- Poland (4.1 tons)
- Spain (1.4 tons)
- Netherlands (0.2 tons)
Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria
In 2022, overseas shipments of machinery; parts of the machinery of heading no. 8425 decreased by -97.7% to 639 kg for the first time since 2018, thus ending a three-year rising trend. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 5,383%.
In value terms, exports of machinery; parts of the machinery of heading no. 8425 declined remarkably to $9.6K in 2022. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 4,309% against the previous year.
| Export of Machinery; Parts of the Machinery of Heading No. 8425 in Algeria (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | N/A | N/A | N/A | 8.9 | 0% |
| France | 4.6 | 181 | 0.3 | 0.7 | -46.6% |
| Cote d'Ivoire | N/A | 22.9 | N/A | N/A | 0% |
| United Kingdom | N/A | N/A | 403 | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 4.6 | 204 | 404 | 9.6 | 27.8% |
Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Algeria in 2022:
- United States (565.0 kg)
- France (74.0 kg)
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