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

Contents:

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

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $94,990 per ton in 2022, rising by 46% against the previous year. Overall, the import price showed prominent growth. The pace of growth appeared the most rapid in 2015 an increase of 124% against the previous year. The import price peaked at $123,595 per ton in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was South Korea ($158,630 per ton), while the price for China ($51,736 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United Arab Emirates (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Iran (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 $31,375 per ton, falling by -6.7% against the previous year. In general, the export price saw a abrupt curtailment. The pace of growth was the most pronounced in 2014 an increase of 530%. Over the period under review, the average export prices reached the peak figure at $290,000 per ton in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for the United Arab Emirates.

From 2012 to 2022, the rate of growth in terms of prices for the United Arab Emirates amounted to +2.2% per year.

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

In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -51.9% to 2.1 tons, falling for the second consecutive year after two years of growth. In general, imports faced a precipitous decline. The most prominent rate of growth was recorded in 2020 with an increase of 50% against the previous year. As a result, imports reached the peak of 6.8 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 fell sharply to $196K in 2022. Overall, imports faced a deep reduction. The most prominent rate of growth was recorded in 2020 with an increase of 23%. As a result, imports reached the peak of $364K. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Iran (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea15411790.781.4-19.1%
Hong Kong SAR19.778.381.673.254.9%
China66.213950.621.8-30.9%
United Arab Emirates3.60.742.58.030.5%
Italy14.116.68.46.8-21.6%
Others38.811.96.04.9-49.8%
Total296364280196-12.8%

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

  1. Hong Kong SAR (854.0 kg)
  2. South Korea (513.0 kg)
  3. China (421.0 kg)
  4. United Arab Emirates (148.0 kg)
  5. Italy (87.0 kg)

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

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by 0% to 16 kg, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 750% against the previous year. As a result, the exports attained the peak of 17 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 dropped to $502 in 2022. Overall, exports posted significant growth. The growth pace was the most rapid in 2020 with an increase of 519% against the previous year. As a result, the exports attained the peak of $576. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Iran (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab Emirates82.057653850282.9%
Oman11.0N/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total93.057653850275.4%

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

  1. United Arab Emirates (16.0 kg)

Source: IndexBox Market Intelligence Platform

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