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

Contents:

1. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Netherlands (FOB) - 2022
2. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Netherlands (CIF) - 2023
3. Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Netherlands
4. Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Netherlands

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $121,700 per ton in 2022, falling by -30.3% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 24%. The export price peaked at $174,571 per ton in 2021, and then declined markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Hong Kong SAR ($199,286 per ton), while the average price for exports to the United States ($39,576 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 Ireland (+45.8%), 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 the Netherlands (CIF) - 2023

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $174K per ton in December 2023, waning by -22.1% against the previous month. Over the period under review, the import price, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in May 2023 an increase of 741% month-to-month. The import price peaked at $224K per ton in November 2023, and then contracted dramatically in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was Singapore ($1.9M per ton), while the price for South Korea ($40,633 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Singapore (+26.3%), 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 the Netherlands

In 2022, shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -10.7% to 92 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 62%.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 shrank rapidly to $11M in 2022. In general, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 100% against the previous year.

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

1. Germany (19.5 tons)
2. Italy (13.0 tons)
3. Austria (11.2 tons)
4. United Arab Emirates (9.2 tons)
5. United Kingdom (6.3 tons)
6. Hungary (5.6 tons)
7. Sweden (3.9 tons)
8. Ireland (3.8 tons)
9. United States (3.1 tons)
10. Czech Republic (2.6 tons)
11. France (2.5 tons)
12. South Africa (1.1 tons)
13. Denmark (1.0 tons)

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

In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -42.8% to 27 tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, imports, however, saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 211% against the previous year. As a result, imports reached the peak of 46 tons, and then shrank rapidly in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 contracted significantly to $3.3M in 2022. In general, imports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 362% against the previous year. As a result, imports reached the peak of $5.6M, and then declined notably in the following year.

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

1. China (7.1 tons)
2. Taiwan (Chinese) (5.3 tons)
3. South Korea (5.2 tons)
4. Australia (1.4 tons)
5. Czech Republic (1.2 tons)
6. Japan (1.0 tons)
7. United Kingdom (0.6 tons)
8. Greece (0.5 tons)
9. India (0.5 tons)
10. South Africa (0.4 tons)
11. Malaysia (0.4 tons)
12. Germany (0.4 tons)
13. Philippines (0.2 tons)

Source: IndexBox Market Intelligence Platform