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

Contents:

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

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

In 2022, the average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $62,337 per ton, which is down by -51% against the previous year. Overall, the import price showed a mild setback. The pace of growth was the most pronounced in 2019 an increase of 106%. Over the period under review, average import prices hit record highs at $204,242 per ton in 2014; however, from 2015 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 the UK ($347,746 per ton), while the price for the United Arab Emirates ($25,705 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+47.1%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After two years of decline, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 increased by 293% to 2.9 tons in 2022. Over the period under review, imports saw a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 soared to $180K in 2022. Overall, imports showed a notable increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Azerbaijan (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China10.027.924.386.3105.1%
United Kingdom4.80.24.723.369.3%
Vietnam1.212.530.015.7135.6%
HungaryN/AN/AN/A10.20%
Mexico7.65.36.15.4-10.8%
United Arab Emirates4.33.03.53.3-8.4%
Turkey80.52.01.50.9-77.6%
Others48.026.223.635.3-9.7%
Total15677.193.71804.9%

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

  1. China (2259.0 kg)
  2. Hungary (297.0 kg)
  3. United Arab Emirates (129.0 kg)
  4. United Kingdom (67.0 kg)
  5. Vietnam (55.0 kg)
  6. Mexico (17.0 kg)
  7. Turkey (7.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 - Azerbaijan