Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada - 2024
Contents:
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada (CIF) - 2022
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada (FOB) - 2022
- Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada
- Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada
Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada (CIF) - 2022
The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $121,074 per ton in 2022, dropping by -11.5% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The growth pace was the most rapid in 2020 an increase of 70% against the previous year. Over the period under review, average import prices hit record highs at $136,876 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 China ($977,441 per ton), while the price for France ($7,837 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+19.5%), 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 Canada (FOB) - 2022
In 2022, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $170,996 per ton, falling by -14.7% against the previous year. In general, the export price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of 20% against the previous year. The export price peaked at $230,721 per ton in 2019; however, from 2020 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 ($210,605 per ton), while the average price for exports to Egypt ($10,220 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 (+9.2%), 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 Canada
In 2022, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Canada skyrocketed to 44 tons, increasing by 75% against the year before. Over the period under review, imports enjoyed significant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 79% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.
In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 soared to $5.3M in 2022. Overall, imports enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 when imports increased by 205% against the previous year. Imports peaked in 2022 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 Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 207 | 1,209 | 1,677 | 2,793 | 138.1% |
| United States | 239 | 313 | 617 | 696 | 42.8% |
| Philippines | 17.3 | 52.2 | 109 | 632 | 231.8% |
| Japan | 0.4 | 194 | 87.4 | 295 | 803.5% |
| Vietnam | 1.4 | 155 | 206 | 242 | 457.1% |
| Hong Kong SAR | 105 | 0.2 | 140 | 165 | 16.3% |
| United Kingdom | 144 | 290 | 0.9 | 16.8 | -51.1% |
| Taiwan (Chinese) | 50.8 | 145 | 58.5 | 10.8 | -40.3% |
| Others | 167 | 482 | 530 | 455 | 39.7% |
| Total | 932 | 2,840 | 3,425 | 5,305 | 78.5% |
Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Canada in 2022:
- Hong Kong SAR (12.5 tons)
- United States (9.0 tons)
- Philippines (7.6 tons)
- Japan (3.6 tons)
- Vietnam (2.9 tons)
- China (2.9 tons)
- United Kingdom (0.9 tons)
- Taiwan (Chinese) (0.6 tons)
Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada
In 2022, approx. 24 tons of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were exported from Canada; rising by 141% compared with 2021. In general, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 365%. The exports peaked in 2022 and are likely to see steady growth in the near future.
In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $4.1M in 2022. Overall, exports enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 307%. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Canada (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hong Kong SAR | 3.9 | 1.5 | 0.3 | 1,397 | 610.2% |
| China | 2.8 | N/A | 1,036 | 1,382 | 690.3% |
| United States | 113 | 55.5 | 417 | 406 | 53.2% |
| United Kingdom | 223 | 181 | 315 | 327 | 13.6% |
| Malaysia | 56.4 | 28.4 | 13.6 | 54.4 | -1.2% |
| Guyana | 36.0 | 3.7 | 26.7 | 24.3 | -12.3% |
| France | 21.0 | 65.2 | 0.3 | 23.6 | 4.0% |
| India | N/A | N/A | N/A | 19.6 | 0% |
| Others | 217 | 158 | 202 | 499 | 32.0% |
| Total | 673 | 494 | 2,011 | 4,134 | 83.1% |
Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Canada in 2022:
- China (9.5 tons)
- Hong Kong SAR (6.6 tons)
- United States (3.2 tons)
- United Kingdom (1.8 tons)
- Malaysia (0.5 tons)
- India (0.4 tons)
- France (0.3 tons)
- Guyana (0.2 tons)
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This report provides an in-depth analysis of the computing machinery market in Canada.
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This report provides an in-depth analysis of the global computing machinery market.
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