Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia - 2024

Contents:

1. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia (CIF) - 2022
2. Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia (FOB) - 2022
3. Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia
4. Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia (CIF) - 2022

In 2022, the average import price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $26,698 per ton, waning by -25.6% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 38%. The import price peaked at $46,156 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($117,616 per ton), while the price for Italy ($16,902 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+16.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia (FOB) - 2022

In 2022, the average export price for machine-tools; parts and accessories, for the machines of heading no. 8464 amounted to $19,938 per ton, declining by -22.7% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2019 when the average export price increased by 145% against the previous year. Over the period under review, the average export prices reached the maximum at $35,656 per ton in 2020; however, from 2021 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 North Macedonia ($168,881 per ton), while the average price for exports to Switzerland ($4,371 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 Italy (+28.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia

In 2022, the amount of machine-tools; parts and accessories, for the machines of heading no. 8464 imported into Serbia skyrocketed to 36 tons, jumping by 57% on the previous year's figure. In general, total imports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +9.4% 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 +64.9% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of machine-tools; parts and accessories, for the machines of heading no. 8464 soared to $953K in 2022. Over the period under review, imports, however, recorded a drastic downturn.

Top Suppliers of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 to Serbia in 2022:

1. Italy (27.6 tons)
2. China (4.2 tons)
3. Germany (0.9 tons)
4. Austria (0.8 tons)
5. Portugal (0.4 tons)
6. Turkey (0.3 tons)

Exports of Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 in Serbia

In 2022, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 from Serbia reduced markedly to 2.3 tons, declining by -62.3% compared with the year before. Over the period under review, exports continue to indicate a dramatic descent. The pace of growth was the most pronounced in 2021 when exports increased by 15%.

In value terms, exports of machine-tools; parts and accessories, for the machines of heading no. 8464 declined markedly to $46K in 2022. Overall, exports recorded a dramatic decline. The smallest decline of -16.6% was in 2021.

Top Export Markets for Machine-Tools; Parts and Accessories, for the Machines of Heading No. 8464 from Serbia in 2022:

1. Switzerland (770.0 kg)
2. Austria (761.0 kg)
3. Germany (329.0 kg)
4. Slovenia (110.0 kg)
5. Montenegro (100.0 kg)
6. Croatia (71.0 kg)
7. North Macedonia (42.0 kg)

Source: IndexBox Market Intelligence Platform