Calculating Machines; Non-Electronic Price in India - 2023

Contents:

  1. Calculating Machines; Non-Electronic Price in India (CIF) - 2022
  2. Calculating Machines; Non-Electronic Price in India (FOB) - 2022
  3. Calculating Machines; Non-Electronic Imports in India
  4. Calculating Machines; Non-Electronic Exports in India

Calculating Machines; Non-Electronic Price in India (CIF) - 2022

The average calculating machines; non-electronic import price stood at $1.8 per unit in 2022, rising by 3.8% against the previous year. In general, the import price continues to indicate strong growth. The most prominent rate of growth was recorded in 2021 an increase of 161%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($1.8 per unit), while the price for Malaysia totaled $0.2 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+12.1%).

Calculating Machines; Non-Electronic Price in India (FOB) - 2022

In 2022, the average calculating machines; non-electronic export price amounted to $3.7 per unit, growing by 12% against the previous year. Overall, the export price saw mild growth. The growth pace was the most rapid in 2019 an increase of 72%. Over the period under review, the average export prices hit record highs at $7.7 per unit in 2014; however, from 2015 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 Maldives ($7.3 per unit), while the average price for exports to the United States ($1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sudan (+19.7%), while the prices for the other major destinations experienced more modest paces of growth.

Calculating Machines; Non-Electronic Imports in India

In 2022, purchases abroad of calculating machines; non-electronics increased by 135% to 755K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, faced a precipitous setback. Imports peaked at 1.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, calculating machines; non-electronic imports soared to $1.4M in 2022. Over the period under review, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Calculating Machines; Non-Electronic in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China4163325531,34647.9%
Malaysia424119N/A3.5-79.8%
Others52.110.718.647.4-3.1%
Total8924615721,39616.1%

Top Suppliers of Calculating Machines; Non-Electronic to India in 2022:

  1. China (728.7K units)
  2. Malaysia (21.0K units)

Calculating Machines; Non-Electronic Exports in India

In 2022, after three years of growth, there was significant decline in shipments abroad of calculating machines; non-electronics, when their volume decreased by -82.1% to 27K units. Overall, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 when exports increased by 572%. As a result, the exports attained the peak of 151K units, and then fell significantly in the following year.

In value terms, calculating machines; non-electronic exports fell significantly to $102K in 2022. Over the period under review, exports, however, saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 797%. As a result, the exports reached the peak of $508K, and then declined remarkably in the following year.

Export of Calculating Machines; Non-Electronic in India (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Bangladesh17.736.735.066.955.8%
BhutanN/A0.14667.3754.4%
Sri LankaN/AN/A0.23.51650.0%
BelizeN/AN/AN/A3.40%
SudanN/AN/AN/A3.20%
Maldives7.910.30.33.1-26.8%
SpainN/A0.31.01.3108.2%
Others18.39.35.813.0-10.8%
Total43.956.750810232.4%

Top Export Markets for Calculating Machines; Non-Electronic from India in 2022:

  1. Bangladesh (20.7K units)
  2. Bhutan (2.4K units)
  3. Belize (1.2K units)
  4. Sudan (0.8K units)
  5. Sri Lanka (0.5K units)
  6. Spain (0.5K units)
  7. Maldives (0.4K units)

Source: IndexBox Market Intelligence Platform

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