Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the UK - 2024

Contents:

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

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $139,890 per ton in 2022, surging by 22% against the previous year. Over the period under review, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 increased by +55.1% against 2019 indices. The growth pace was the most rapid in 2017 when the average export price increased by 98% against the previous year. The export price peaked at $160,358 per ton in 2013; however, from 2014 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 Hong Kong SAR ($536,358 per ton), while the average price for exports to Belgium ($39,669 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 Ireland (+16.4%), 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 the UK (CIF) - 2022

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $49,036 per ton in 2022, jumping by 92% against the previous year. In general, the import price, however, saw a mild downturn. Over the period under review, average import prices attained the maximum at $57,561 per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($429,971 per ton), while the price for South Korea ($10,852 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+23.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from the UK contracted significantly to 95 tons, with a decrease of -47.2% on 2021. In general, exports continue to indicate a sharp reduction. The pace of growth was the most pronounced in 2021 with an increase of 47% against the previous year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 dropped sharply to $13M in 2022. Overall, exports showed a deep slump. The growth pace was the most rapid in 2021 with an increase of 64%. As a result, the exports reached the peak of $21M, and then fell significantly in the following year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR2,1142,7654,2803,51918.5%
United States3,3571,9741,091937-34.6%
Germany65.958.4904887137.9%
Ireland31.98.91,799823195.5%
Netherlands31.328.1859776191.6%
Japan31360755669030.1%
France98.610697452875.0%
Belgium3,0841,329363479-46.2%
Greece1.62.012.6383520.9%
Australia3273973313401.3%
India374502727231-14.8%
Italy5.48.1279218243.0%
Czech Republic0.10.32,45897.5891.6%
Others7,2234,8086,0603,437-21.9%
Total17,02612,59220,69213,345-7.8%

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

  1. Belgium (12.1 tons)
  2. Japan (10.4 tons)
  3. Ireland (7.7 tons)
  4. Germany (7.1 tons)
  5. France (6.6 tons)
  6. Hong Kong SAR (6.6 tons)
  7. United States (4.4 tons)
  8. Australia (4.3 tons)
  9. Italy (3.9 tons)
  10. India (3.3 tons)
  11. Greece (3.0 tons)
  12. Netherlands (2.9 tons)
  13. Czech Republic (1.0 tons)

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

Imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into the UK declined significantly to 147 tons in 2022, falling by -39.5% compared with 2021. Over the period under review, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 49% against the previous year. As a result, imports reached the peak of 243 tons, and then fell markedly in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $7.2M in 2022. Overall, imports recorded a abrupt decline.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the UK (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China2,4902,0022,7892,236-3.5%
Taiwan (Chinese)2934365591,99289.4%
Germany10521450275192.7%
Malaysia5.32.9182554371.1%
ThailandN/AN/A2.127713090.5%
South Korea328293571234-10.6%
United States289110171179-14.8%
Hong Kong SAR94.71923761228.8%
Austria5,3474,776N/A15.0-85.9%
Others7828931,0338372.3%
Total9,7358,9186,1867,198-9.6%

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

  1. China (84.2 tons)
  2. South Korea (21.6 tons)
  3. Taiwan (Chinese) (18.3 tons)
  4. Malaysia (5.5 tons)
  5. Germany (3.1 tons)
  6. Thailand (3.1 tons)
  7. United States (2.5 tons)
  8. Hong Kong SAR (2.3 tons)

Source: IndexBox Market Intelligence Platform

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