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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Morocco (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 $144,867 per ton, rising by 109% against the previous year. Overall, the import price enjoyed a pronounced increase. The pace of growth appeared the most rapid in 2015 an increase of 388%. As a result, import price reached the peak level of $278,500 per ton. From 2016 to 2022, the average import prices remained at a somewhat lower figure.

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 Malaysia ($397,000 per ton), while the price for Sweden ($46,000 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 (+11.0%), 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 Morocco (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 $99,000 per ton, surging by 2,094% against the previous year. Over the period under review, the export price showed modest growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +26.7% per year.

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

In 2022, overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -65.9% to 30 kg, falling for the second year in a row after two years of growth. In general, imports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2020 when imports increased by 368%. As a result, imports attained the peak of 360 kg. 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 dropped notably to $4.3K in 2022. Over the period under review, imports, however, posted a remarkable increase. The most prominent rate of growth was recorded in 2020 with an increase of 498% against the previous year. As a result, imports reached the peak of $16K. 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 Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
South Korea0.2N/AN/A3.0146.6%
United States0.11.80.70.791.3%
MalaysiaN/AN/AN/A0.40%
China2.013.60.30.2-53.6%
SwedenN/A0.20.7N/A250.0%
FranceN/AN/A2.0N/A0%
United Arab EmiratesN/AN/A1.6N/A0%
Others0.3N/A0.8N/A63.3%
Total2.615.66.14.318.3%

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

  1. South Korea (23.0 kg)
  2. United States (4.0 kg)
  3. Malaysia (1.0 kg)
  4. Sweden (1.0 kg)
  5. China (1.0 kg)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, when their volume decreased by -99.9% to 1 kg. Over the period under review, exports saw a dramatic curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 197% against the previous year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 fell significantly to $99 in 2022. In general, exports continue to indicate a sharp slump. The most prominent rate of growth was recorded in 2020 when exports increased by 84%. As a result, the exports reached the peak of $55K. From 2021 to 2022, the growth of the exports of remained at a lower figure.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Morocco (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden8.7N/AN/A0.1-77.4%
Cote d'IvoireN/AN/A5.5N/A0%
Netherlands8.555.0N/AN/A547.1%
Others12.7N/A0.5N/A-80.2%
Total29.955.06.00.1-85.0%

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

  1. Sweden (1.0 kg)

Source: IndexBox Market Intelligence Platform

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