Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia - 2023
Contents:
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia (FOB) - 2022
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia (CIF) - 2022
- Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia
- Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia
Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia (FOB) - 2022
The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $23,913 per ton in 2022, with an increase of 3.7% against the previous year. Overall, the export price, however, showed a deep downturn. The most prominent rate of growth was recorded in 2015 an increase of 94% against the previous year. Over the period under review, the average export prices hit record highs at $56,673 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($101,684 per ton), while the average price for exports to the Czech Republic ($10,233 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 Switzerland (+7.2%), 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 Latvia (CIF) - 2022
The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $94,008 per ton in 2022, dropping by -4.2% against the previous year. Over the period under review, the import price, however, saw a mild expansion. The pace of growth was the most pronounced in 2018 an increase of 109% against the previous year. Over the period under review, average import prices attained the maximum at $140,578 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($488,250 per ton), while the price for Germany ($66,129 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 States (+25.3%), 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 Latvia
Exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Latvia surged to 5.4 tons in 2022, picking up by 16% on 2021. Overall, exports, however, saw a relatively flat trend pattern.
In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $129K in 2022. The total export value increased at an average annual rate of +1.6% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Malta | 21.9 | 30.9 | 17.7 | 34.6 | 16.5% |
| Lithuania | 17.6 | 8.3 | 16.8 | 19.7 | 3.8% |
| Italy | 19.6 | 7.9 | 11.7 | 17.1 | -4.4% |
| Finland | 12.0 | 6.3 | 16.8 | 15.9 | 9.8% |
| Czech Republic | 10.0 | 11.5 | 7.5 | 13.2 | 9.7% |
| Estonia | 2.9 | 9.7 | 3.6 | 3.3 | 4.4% |
| Switzerland | 12.0 | 13.8 | 0.1 | 2.9 | -37.7% |
| Sweden | N/A | N/A | 0.6 | 2.2 | 266.7% |
| Germany | 2.1 | 5.6 | 3.4 | 1.2 | -17.0% |
| Denmark | 5.2 | 10.9 | 9.9 | N/A | 38.0% |
| Others | 20.1 | 8.3 | 19.4 | 19.2 | -1.5% |
| Total | 123 | 113 | 108 | 129 | 1.6% |
Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Latvia in 2022:
- Czech Republic (1289.0 kg)
- Lithuania (1129.0 kg)
- Malta (1020.0 kg)
- Finland (747.0 kg)
- Italy (300.0 kg)
- Estonia (241.0 kg)
- Sweden (142.0 kg)
- Germany (106.0 kg)
- Switzerland (62.0 kg)
Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia
Imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Latvia dropped significantly to 129 kg in 2022, declining by -82.8% on the previous year. Overall, imports continue to indicate a dramatic decrease. The growth pace was the most rapid in 2021 with an increase of 169%.
In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 dropped markedly to $12K in 2022. In general, imports showed a dramatic setback. The most prominent rate of growth was recorded in 2021 with an increase of 129%.
| Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Latvia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Poland | 3.0 | 11.3 | 17.1 | 4.7 | 16.1% |
| Germany | N/A | 0.1 | 31.1 | 4.6 | 578.2% |
| United States | N/A | N/A | N/A | 2.0 | 0% |
| United Kingdom | 0.1 | N/A | N/A | 0.7 | 91.3% |
| Lithuania | 2.0 | 3.0 | 11.2 | 0.2 | -53.6% |
| Singapore | 152 | 17.7 | N/A | N/A | -88.4% |
| Netherlands | N/A | N/A | 14.1 | N/A | 0% |
| Others | 2.0 | N/A | 0.2 | N/A | -68.4% |
| Total | 160 | 32.1 | 73.7 | 12.1 | -57.7% |
Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Latvia in 2022:
- Germany (70.0 kg)
- Poland (47.0 kg)
- United Kingdom (7.0 kg)
- United States (4.0 kg)
- Lithuania (1.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Latvia.
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This report provides an in-depth analysis of the global computing machinery market.
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