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

Contents:

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

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $164,347 per ton in 2022, reducing by -16.2% against the previous year. Over the period under review, the export price, however, enjoyed a prominent increase. The pace of growth appeared the most rapid in 2014 an increase of 85% against the previous year. The export price peaked at $234,279 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the United States ($164,367 per ton) and Papua New Guinea ($164,366 per ton), while the average price for exports to Malaysia ($164,252 per ton) and Hong Kong SAR ($164,340 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Papua New Guinea (+12.6%), 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 Australia (CIF) - 2022

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $68,974 per ton in 2022, increasing by 5.2% against the previous year. In general, the import price, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2016 an increase of 31%. The import price peaked at $116,174 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 Taiwan (Chinese) ($687,647 per ton), while the price for China ($43,694 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+80.4%), 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 Australia

In 2022, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Australia fell rapidly to 45 tons, which is down by -63.2% compared with 2021 figures. Overall, exports faced a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 30%. As a result, the exports attained the peak of 122 tons, and then shrank notably in the following year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced sharply to $7.4M in 2022. In general, exports saw a significant decrease. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Australia (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
New Zealand2.83.13.31.8-13.7%
Singapore0.70.81.11.426.0%
LatviaN/A0.31.20.752.8%
China10.29.610.80.7-59.1%
Papua New Guinea0.20.90.50.644.2%
United States1.01.41.90.4-26.3%
Hong Kong SAR1.10.60.80.4-28.6%
Netherlands0.5N/A0.70.2-26.3%
United Kingdom0.20.70.30.1-20.6%
Malaysia8.20.30.30.1-77.0%
Others0.82.33.11.111.2%
Total25.620.023.97.4-33.9%

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

  1. New Zealand (10.7 tons)
  2. Singapore (8.7 tons)
  3. Latvia (4.4 tons)
  4. China (4.1 tons)
  5. Papua New Guinea (3.4 tons)
  6. United States (2.5 tons)
  7. Hong Kong SAR (2.2 tons)
  8. Netherlands (1.3 tons)
  9. United Kingdom (0.5 tons)
  10. Malaysia (0.5 tons)

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

In 2022, supplies from abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -58.2% to 16 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports faced a sharp reduction. The growth pace was the most rapid in 2021 when imports increased by 9.2%. As a result, imports attained the peak of 39 tons, and then dropped markedly in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 fell dramatically to $1.1M in 2022. In general, imports faced a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. As a result, imports attained the peak of $2.6M, and then declined rapidly in the following year.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Australia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China39828260463616.9%
Taiwan (Chinese)1,3371,5031,487298-39.4%
Vietnam58.0N/A24452.3-3.4%
AustriaN/AN/A1.831.51650.0%
France3.428712.37.127.8%
United Kingdom35.890.01645.8-45.5%
South Korea83.523.9N/AN/A-71.4%
Others11238.741.893.6-5.8%
Total2,0282,2242,5551,124-17.9%

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

  1. China (14.5 tons)
  2. Vietnam (0.5 tons)
  3. Taiwan (Chinese) (0.4 tons)
  4. Austria (0.3 tons)
  5. France (0.1 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 - Australia