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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Germany (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 $780,740 per ton, jumping by 29% against the previous year. Over the period under review, the export price posted a prominent expansion. The most prominent rate of growth was recorded in 2019 an increase of 157% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Latvia ($4,105,748 per ton), while the average price for exports to Spain ($102,881 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 Latvia (+30.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Germany (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 $71,756 per ton, remaining stable against the previous year. In general, the import price continues to indicate a modest expansion. The growth pace was the most rapid in 2019 when the average import price increased by 56% against the previous year. The import price peaked at $128,110 per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($336,667 per ton), while the price for Malaysia ($11,142 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+26.8%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 increased by 0.7% to 7.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, saw a precipitous setback.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $5.6M in 2022. In general, exports, however, saw a dramatic downturn.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Germany (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia2,6932,6592,4773,90013.1%
Slovakia89.277.116134456.8%
Netherlands34011965.5194-17.1%
Austria262290138152-16.6%
France13371.71131330.0%
China93.396.545.998.71.9%
Poland13710696.284.7-14.8%
Switzerland33313611570.8-40.3%
United Kingdom11539.615.652.3-23.1%
Croatia18.434.520.949.439.0%
Belgium47450.933.842.4-55.3%
Portugal5,36040.635.441.7-80.2%
Spain40.620.616.930.4-9.2%
Others1,1051,660953396-29.0%
Total11,1945,4024,2875,589-20.7%

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

  1. Austria (1288.0 kg)
  2. Latvia (950.0 kg)
  3. Poland (670.0 kg)
  4. Netherlands (600.0 kg)
  5. France (519.0 kg)
  6. United Kingdom (414.0 kg)
  7. Spain (295.0 kg)
  8. Slovakia (252.0 kg)
  9. Belgium (241.0 kg)
  10. Croatia (226.0 kg)
  11. Switzerland (208.0 kg)
  12. China (208.0 kg)
  13. Portugal (44.0 kg)

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

In 2022, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Germany surged to 73 tons, growing by 37% against 2021. Overall, imports, however, showed a deep downturn. The most prominent rate of growth was recorded in 2020 with an increase of 211%. As a result, imports attained the peak of 352 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $5.3M in 2022. Over the period under review, imports, however, continue to indicate a significant curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 307%. As a result, imports reached the peak of $45M. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Germany (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Latvia1.20.50.62.018.6%
Netherlands0.10.10.40.571.0%
China0.51.20.40.50.0%
BelgiumN/AN/AN/A0.40%
Czech Republic0.30.10.20.30.0%
CroatiaN/AN/A0.20.350.0%
Malaysia0.10.20.10.10.0%
South Korea6.641.9N/AN/A534.8%
Others2.31.01.81.2-19.5%
Total11.145.13.85.3-21.8%

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

  1. China (16.7 tons)
  2. Malaysia (13.4 tons)
  3. Latvia (11.8 tons)
  4. Czech Republic (7.4 tons)
  5. Croatia (4.5 tons)
  6. Belgium (4.3 tons)
  7. Netherlands (3.6 tons)

Source: IndexBox Market Intelligence Platform

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