Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh - 2022
Contents:
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh (CIF) - 2022
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh (FOB) - 2022
- Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh
- Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh
Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh (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 $90,719 per ton, surging by 50% against the previous year. Overall, the import price enjoyed resilient growth. The growth pace was the most rapid in 2021 when the average import price increased by 118%. The import price peaked in 2022 and is expected to retain growth in the immediate term.
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 Malaysia ($1,295,000 per ton), while the price for China ($73,879 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+48.4%), 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 Bangladesh (FOB) - 2022
The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $43,889 per ton in 2022, surging by 14% against the previous year. Overall, the export price continues to indicate a strong increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to 0.0% per year.
Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh
In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -30.4% to 438 kg for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a slight expansion from 2019 to 2022: its volume increased at an average annual rate of +1.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 39%. As a result, imports reached the peak of 629 kg, and then shrank dramatically in the following year.
In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 expanded modestly to $40K in 2022. Overall, imports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 204% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.
| Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.0 | 8.0 | 26.9 | 31.3 | 84.3% |
| Malaysia | 2.0 | 2.5 | 5.6 | 2.6 | 9.1% |
| United Arab Emirates | 0.1 | 1.6 | 4.3 | 0.8 | 100.0% |
| Others | 0.1 | 0.3 | 1.2 | 5.1 | 270.8% |
| Total | 7.2 | 12.5 | 38.0 | 39.7 | 76.7% |
Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Bangladesh in 2022:
- China (423.0 kg)
- United Arab Emirates (9.0 kg)
- Malaysia (2.0 kg)
Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh
Exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Bangladesh dropped rapidly to 9 kg in 2022, waning by -74.3% against the previous year. Overall, exports continue to indicate a dramatic downturn.
In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 shrank markedly to $395 in 2022. In general, exports faced a sharp decrease.
| Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Bangladesh (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2021 | 2022 | CAGR, 2021-2022 | ||
| Sweden | N/A | 395 | 0% | ||
| United Kingdom | 1,350 | N/A | 0% | ||
| Others | N/A | N/A | 0% | ||
| Total | 1,350 | 395 | -70.7% | ||
Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Bangladesh in 2022:
- Sweden (9.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Bangladesh.
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This report provides an in-depth analysis of the global computing machinery market.
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