Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt - 2023

Contents:

  1. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (FOB) - 2022
  2. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (CIF) - 2022
  3. Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt
  4. Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (FOB) - 2022

In 2022, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $164,174 per ton, jumping by 57% against the previous year. Overall, the export price showed a remarkable increase. The growth pace was the most rapid in 2019 when the average export price increased by 176% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ireland ($164,333 per ton), while the average price for exports to Saudi Arabia ($41,000 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 Germany (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (CIF) - 2022

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $11,201 per ton in 2022, shrinking by -55.9% against the previous year. Overall, the import price showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 100%. The import price peaked at $93,827 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($73,037 per ton), while the price for the United States ($3,045 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+3.4%), while the prices for the other major suppliers experienced a decline.

Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt

In 2022, the amount of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 exported from Egypt surged to 2 tons, with an increase of 828% against 2021. Overall, exports saw a significant expansion. The pace of growth appeared the most rapid in 2020 with an increase of 2,656%. As a result, the exports attained the peak of 2.7 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 skyrocketed to $334K in 2022. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2020 with an increase of 1,413%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/A3.11.5286860.5%
IrelandN/A0.36.146.31142.3%
GermanyN/A140N/AN/A0%
DenmarkN/A46.5N/AN/A0%
Czech RepublicN/AN/A4.8N/A0%
NetherlandsN/A14.69.4N/A-35.6%
Saudi Arabia6.07.5N/AN/A25.0%
Others8.45.61.21.5-43.7%
Total14.421722.9334185.2%

Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Egypt in 2022:

  1. United Arab Emirates (1740.0 kg)
  2. Ireland (282.0 kg)
  3. Saudi Arabia (1.0 kg)

Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt

In 2022, overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -70% to 8 tons, falling for the second year in a row after two years of growth. Overall, imports recorded a dramatic shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 42% against the previous year. As a result, imports attained the peak of 104 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined sharply to $90K in 2022. In general, imports continue to indicate a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 30%. As a result, imports reached the peak of $1.3M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Egypt (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China57370913229.0-63.0%
Germany3.222.33.615.669.6%
ItalyN/AN/A4.913.7179.6%
United States31.112025.313.5-24.3%
Thailand2.095.81171.3-13.4%
United Kingdom3.7116N/AN/A3035.1%
Others40326239716.9-65.3%
Total1,0161,32568090.1-55.4%

Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Egypt in 2022:

  1. United States (4.4 tons)
  2. China (2.4 tons)
  3. Italy (0.7 tons)
  4. Germany (0.2 tons)

Source: IndexBox Market Intelligence Platform

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