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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Portugal (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 $215,402 per ton, surging by 44% against the previous year. In general, the import price enjoyed resilient growth. The most prominent rate of growth was recorded in 2020 an increase of 111% against the previous year. The import price peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hong Kong SAR ($364,648 per ton), while the price for Italy ($19,211 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Switzerland (+30.9%), 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 Portugal (FOB) - 2022

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $43,308 per ton in 2022, reducing by -53.6% against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 312%. Over the period under review, the average export prices attained the maximum at $159,716 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($144,214 per ton), while the average price for exports to Cabo Verde ($25,020 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 South Korea (+33.1%), 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 Portugal

In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 was finally on the rise to reach 936 kg after two years of decline. The total import volume increased at an average annual rate of +4.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $202K in 2022. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2020 when imports increased by 104%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany30.678.371.312258.6%
China5.39.411.821.359.0%
Hong Kong SARN/AN/AN/A19.70%
BelgiumN/AN/AN/A10.70%
United Kingdom0.80.117.87.0106.1%
United States0.32.4N/A4.7150.2%
Turkey7.20.8N/A2.9-26.1%
Spain3.87.72.82.8-9.7%
Italy3.60.30.11.4-27.0%
RussiaN/A10.0N/AN/A0%
Others3.12.33.58.841.6%
Total54.611110720254.7%

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

  1. Germany (339.0 kg)
  2. China (222.0 kg)
  3. Italy (71.0 kg)
  4. Spain (58.0 kg)
  5. Hong Kong SAR (54.0 kg)
  6. Belgium (50.0 kg)
  7. United States (32.0 kg)
  8. United Kingdom (30.0 kg)
  9. Turkey (21.0 kg)

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

Exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Portugal shrank markedly to 133 kg in 2022, with a decrease of -55.2% compared with the year before. Overall, exports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2021 when exports increased by 301% against the previous year. As a result, the exports reached the peak of 297 kg, and then declined significantly in the following year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 shrank notably to $5.8K in 2022. In general, exports, however, saw a resilient expansion. The most prominent rate of growth was recorded in 2020 with an increase of 191%.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Portugal (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cabo Verde1.00.40.72.535.7%
South Korea0.2N/AN/A2.0115.4%
Angola0.60.50.20.5-5.9%
Malaysia0.210.8N/AN/A5300.0%
United KingdomN/AN/A11.3N/A0%
Mexico0.90.2N/AN/A-77.8%
Sao Tome and PrincipeN/AN/A9.5N/A0%
Others1.1N/A6.00.7-14.0%
Total4.111.827.75.812.3%

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

  1. Cabo Verde (99.0 kg)
  2. Angola (19.0 kg)
  3. South Korea (14.0 kg)

Source: IndexBox Market Intelligence Platform

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