Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia - 2023

Contents:

  1. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (CIF) - 2023
  2. Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (FOB) - 2022
  3. Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia
  4. Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (CIF) - 2023

The average import price for machinery; parts of the machinery of heading no. 8425 stood at $13,142 per ton in November 2023, rising by 4.9% against the previous month. Over the period under review, the import price, however, continues to indicate a perceptible slump. The pace of growth was the most pronounced in January 2023 when the average import price increased by 54% m-o-m. As a result, import price reached the peak level of $30,244 per ton. From February 2023 to November 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($44,328 per ton), while the price for China amounted to $6,640 per ton.

From December 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Switzerland (+0.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (FOB) - 2022

The average export price for machinery; parts of the machinery of heading no. 8425 stood at $4,431 per ton in 2022, surging by 39% against the previous year. Overall, the export price continues to indicate a slight expansion. The growth pace was the most rapid in 2018 when the average export price increased by 51% against the previous year. Over the period under review, the average export prices reached the maximum at $6,889 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were Germany ($5,239 per ton) and Poland ($5,119 per ton), while the average price for exports to Italy ($3,821 per ton) and France ($4,100 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+4.7%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia

In 2022, approx. 243 tons of machinery; parts of the machinery of heading no. 8425 were imported into Slovakia; with an increase of 11% against the previous year's figure. In general, imports, however, saw a noticeable setback. The pace of growth appeared the most rapid in 2021 with an increase of 12%.

In value terms, imports of machinery; parts of the machinery of heading no. 8425 stood at $3.4M in 2022. Overall, imports, however, saw a abrupt slump.

Import of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Czech Republic1,6001,6641,5761,6250.5%
Germany44935746367314.4%
China87.210219721935.9%
Bulgaria288225N/A139-21.6%
Italy352229391134-27.5%
Hungary17.020.534.883.870.2%
Poland32.072.321.638.05.9%
Austria45220.115.833.8-57.9%
Others727172361411-17.3%
Total4,0042,8613,0603,358-5.7%

Top Suppliers of Machinery; Parts of the Machinery of Heading No. 8425 to Slovakia in 2022:

  1. Czech Republic (88.3 tons)
  2. Germany (81.6 tons)
  3. China (29.5 tons)
  4. Bulgaria (9.5 tons)
  5. Italy (7.0 tons)
  6. Hungary (6.0 tons)
  7. Poland (3.8 tons)
  8. Austria (3.4 tons)

Exports of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia

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 -76.7% to 636 tons. In general, exports showed a precipitous slump. The pace of growth was the most pronounced in 2021 when exports increased by 26% against the previous year. As a result, the exports attained the peak of 2.7K tons, and then fell sharply in the following year.

In value terms, exports of machinery; parts of the machinery of heading no. 8425 fell remarkably to $2.8M in 2022. Overall, exports recorded a sharp downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $8.7M, and then fell dramatically in the following year.

Export of Machinery; Parts of the Machinery of Heading No. 8425 in Slovakia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
France1.51.32.41.2-7.2%
Italy0.21.22.20.858.7%
Germany4.23.63.40.5-50.8%
NetherlandsN/A0.40.50.1-50.0%
PolandN/AN/AN/A0.10%
Others0.20.20.30.20.0%
Total6.26.68.72.8-23.3%

Top Export Markets for Machinery; Parts of the Machinery of Heading No. 8425 from Slovakia in 2022:

  1. France (282.7 tons)
  2. Italy (213.1 tons)
  3. Germany (95.0 tons)
  4. Netherlands (19.8 tons)
  5. Poland (13.7 tons)

Source: IndexBox Market Intelligence Platform

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