Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United States - 2024

Contents:

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

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $97,550 per ton in 2022, with a decrease of -24.5% against the previous year. Over the period under review, the export price showed a deep downturn. The pace of growth appeared the most rapid in 2017 an increase of 15% against the previous year. The export price peaked at $234,388 per ton in 2019; however, from 2020 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 Hong Kong SAR ($153,899 per ton), while the average price for exports to Panama ($44,907 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 Hong Kong SAR (-2.4%), while the prices for the other major destinations experienced a decline.

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $63,488 per ton in 2022, surging by 48% against the previous year. In general, the import price, however, saw a pronounced curtailment. The import price peaked at $101,509 per ton in 2012; however, from 2013 to 2022, import prices stood 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 Canada ($161,731 per ton), while the price for Denmark ($25,507 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (+2.6%), while the prices for the other major suppliers experienced mixed trend patterns.

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

Exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from the United States soared to 285 tons in 2022, growing by 92% on 2021. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2021 with an increase of 128%. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $28M in 2022. In general, exports saw significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 76%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Canada6572,6433,4015,284100.4%
Mexico1291397044,092216.6%
Hong Kong SAR2,9927603,9693,0210.3%
Brazil6131332873,01070.0%
Italy5104205061,69549.2%
Germany2272711071,13270.8%
Honduras86012020.1807-2.1%
China20524852877355.6%
Chile1,0961,0841,398603-18.1%
El Salvador47.1160352547126.5%
Peru90.321559234456.2%
Panama43788.161.1276-14.2%
Guatemala1,078555204260-37.8%
Others7,1634,0567,0245,978-5.9%
Total16,10410,89219,15127,82220.0%

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

  1. Mexico (54.9 tons)
  2. Canada (39.1 tons)
  3. Brazil (32.3 tons)
  4. Hong Kong SAR (19.6 tons)
  5. Italy (16.8 tons)
  6. Honduras (14.1 tons)
  7. Chile (10.3 tons)
  8. El Salvador (9.2 tons)
  9. Germany (8.5 tons)
  10. China (6.5 tons)
  11. Panama (6.2 tons)
  12. Guatemala (4.9 tons)
  13. Peru (4.7 tons)

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

Imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into the United States soared to 165 tons in 2022, growing by 189% on 2021. In general, imports recorded a significant expansion. As a result, imports attained 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 $10M in 2022. Overall, imports posted a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the United States (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China7395251,0783,78272.3%
Malaysia10.5N/AN/A2,190493.0%
Austria1,022385537885-4.7%
Canada64.34.799.9830134.6%
Taiwan (Chinese)977590124716-9.8%
Denmark23.0N/AN/A10968.0%
Romania79023117.016.4-72.5%
Others7941,1245821,92234.3%
Total4,4192,8592,43810,44933.2%

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

  1. China (112.6 tons)
  2. Malaysia (13.9 tons)
  3. Austria (12.4 tons)
  4. Taiwan (Chinese) (10.3 tons)
  5. Canada (5.1 tons)
  6. Denmark (4.3 tons)
  7. Romania (0.2 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 - United States