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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Croatia (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 $109,200 per ton, which is down by -8.1% against the previous year. Over the period under review, the import price, however, posted a significant increase. The pace of growth was the most pronounced in 2015 an increase of 149% against the previous year. Over the period under review, average import prices hit record highs at $118,792 per ton in 2021, and then declined in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($533,316 per ton), while the price for North Macedonia ($10,455 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+72.0%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $530,705 per ton in 2022, increasing by 207% against the previous year. Over the period under review, the export price showed a noticeable expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 392%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kosovo ($707,909 per ton), while the average price for exports to Bosnia and Herzegovina ($84,667 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 Hong Kong SAR (+75.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, supplies from abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 increased by 43% to 3.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports saw a relatively flat trend pattern. As a result, imports reached 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 surged to $351K in 2022. In general, total imports indicated a moderate increase from 2019 to 2022: its value increased at an average annual rate of +4.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +52.7% against 2020 indices. 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 Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands0.94.221.5161463.5%
Hungary59.779.615413230.3%
Germany39.863.070.740.50.6%
China10.21.37.30.8-57.2%
North MacedoniaN/AN/AN/A0.60%
Austria63.80.5N/AN/A-99.2%
MalaysiaN/AN/A2.4N/A0%
United Kingdom14.471.91.3N/A-70.0%
Denmark5.9N/AN/AN/A0%
Others1109.510.016.8-46.5%
Total3052302673514.8%

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

  1. Netherlands (1859.0 kg)
  2. Hungary (1209.0 kg)
  3. Germany (76.0 kg)
  4. North Macedonia (55.0 kg)
  5. China (2.0 kg)

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

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -69.2% to 112 kg, falling for the second year in a row after two years of growth. Overall, exports recorded a sharp slump. The most prominent rate of growth was recorded in 2020 with an increase of 2% against the previous year. As a result, the exports reached the peak of 711 kg. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced to $59K in 2022. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2020 when exports increased by 13% against the previous year. As a result, the exports attained the peak of $113K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Croatia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Switzerland60.248.729.617.7-33.5%
United States10.717.611.715.513.1%
United KingdomN/AN/A2.114.1571.4%
KosovoN/AN/AN/A7.80%
Hong Kong SARN/AN/A1.53.1106.7%
Bosnia and Herzegovina3.425.13.81.3-27.4%
HungaryN/A0.33.9N/A1200.0%
Serbia4.821.2N/AN/A341.7%
Netherlands16.1N/AN/AN/A0%
CanadaN/AN/A7.1N/A0%
Others4.70.13.3N/A-16.2%
Total10011362.959.4-15.9%

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

  1. United States (28.0 kg)
  2. United Kingdom (26.0 kg)
  3. Switzerland (26.0 kg)
  4. Bosnia and Herzegovina (15.0 kg)
  5. Kosovo (11.0 kg)
  6. Hong Kong SAR (6.0 kg)

Source: IndexBox Market Intelligence Platform

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