Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United Arab Emirates - 2022

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United Arab Emirates (CIF) - 2022

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $79,052 per ton in 2022, with a decrease of -51.6% against the previous year. Overall, the import price, however, showed a slight increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 56% against the previous year. Over the period under review, average import prices reached the peak figure at $163,342 per ton in 2021, and then plummeted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($255,305 per ton), while the price for Oman ($5,239 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Egypt (+15.7%), 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 the United Arab Emirates (FOB) - 2022

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $118,076 per ton in 2022, picking up by 334% against the previous year. Over the period under review, the export price showed strong growth. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 Egypt ($679,200 per ton), while the average price for exports to Angola ($3,214 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 Libya (+117.5%), 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 the United Arab Emirates

In 2022, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into the United Arab Emirates soared to 22 tons, jumping by 148% compared with 2021 figures. In general, imports, however, showed a relatively flat trend pattern.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 soared to $1.7M in 2022. Over the period under review, imports, however, recorded a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 179% against the previous year.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands1,058N/A31.8480-23.2%
EgyptN/A3.11.5286860.5%
United Kingdom742398356134-43.5%
ChinaN/AN/A0.1113112900.0%
Hong Kong SAR11.220.446.5105110.9%
United States51.335.254665.38.4%
Greece11.113.50.239.252.3%
Oman11.10.94.70.4-67.0%
Others16150.746952748.5%
Total2,0465221,4561,749-5.1%

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

  1. China (6.3 tons)
  2. Hong Kong SAR (5.0 tons)
  3. Netherlands (4.8 tons)
  4. Egypt (1.5 tons)
  5. Greece (1.2 tons)
  6. United States (0.6 tons)
  7. United Kingdom (0.5 tons)
  8. Oman (0.1 tons)

Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United Arab Emirates

In 2022, shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -80.2% to 2 tons, falling for the second consecutive year after two years of growth. In general, exports recorded a dramatic slump. The growth pace was the most rapid in 2020 with an increase of 88%. As a result, the exports reached the peak of 12 tons. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced to $236K in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 176% against the previous year. As a result, the exports reached the peak of $309K. 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 the United Arab Emirates (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Oman66.125016.021648.4%
AngolaN/AN/AN/A2.70%
Democratic Republic of the CongoN/AN/A0.11.91800.0%
NigeriaN/AN/A0.90.5-44.4%
Burkina FasoN/A0.9N/AN/A0%
Uganda4.70.10.1N/A-85.4%
IranN/A1.9200N/A10426.3%
Others41.256.656.715.3-28.1%
Total11230927423628.2%

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

  1. Oman (921.0 kg)
  2. Angola (840.0 kg)
  3. Democratic Republic of the Congo (117.0 kg)
  4. Nigeria (43.0 kg)

Source: IndexBox Market Intelligence Platform

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