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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Luxembourg (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 $179,014 per ton, reducing by -28.9% against the previous year. Over the period under review, the import price, however, saw buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of 55% against the previous year. As a result, import price attained the peak level of $251,752 per ton, and then dropped remarkably 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 France ($235,955 per ton), while the price for the UK ($99,552 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+9.9%), 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 Luxembourg (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 $103,914 per ton, reducing by -43.6% against the previous year. Overall, the export price, however, saw strong growth. The pace of growth appeared the most rapid in 2013 when the average export price increased by 568% against the previous year. As a result, the export price attained the peak level of $251,514 per ton. From 2014 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belgium ($112,431 per ton), while the average price for exports to Italy ($25,000 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 Belgium (+15.4%), 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 Luxembourg

In 2022, overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -23.5% to 2.7 tons, falling for the second year in a row after two years of growth. Over the period under review, imports showed a abrupt decrease. The most prominent rate of growth was recorded in 2020 with an increase of 0.9% against the previous year. As a result, imports attained the peak of 4.6 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 fell markedly to $488K in 2022. Overall, imports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. As a result, imports attained the peak of $897K, and then fell rapidly in the following year.

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

1. France (1184.0 kg)
2. Belgium (811.0 kg)
3. Germany (531.0 kg)
4. United Kingdom (143.0 kg)
5. Netherlands (31.0 kg)

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

For the third consecutive year, Luxembourg recorded decline in overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, which decreased by -17.1% to 58 kg in 2022. Overall, exports recorded a deep setback. The smallest decline of -5.4% was in 2021.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined rapidly to $6K in 2022. Over the period under review, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 71% against the previous year. As a result, the exports reached the peak of $13K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

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

1. Belgium (51.0 kg)
2. France (5.0 kg)
3. Netherlands (1.0 kg)
4. Italy (1.0 kg)

Source: IndexBox Market Intelligence Platform