Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China - 2024
Contents:
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China (FOB) - 2022
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China (CIF) - 2022
- Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China
- Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China
Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China (FOB) - 2022
The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $23,870 per ton in 2022, picking up by 2.5% against the previous year. Over the period under review, the export price, however, recorded a perceptible contraction. The pace of growth was the most pronounced in 2019 an increase of 77%. The export price peaked at $32,350 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Malaysia ($108,435 per ton), while the average price for exports to Iran ($3,850 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 Malaysia (+11.3%), 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 China (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 $63,576 per ton, jumping by 18% against the previous year. In general, the import price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2019 an increase of 66%. As a result, import price attained the peak level of $506,650 per ton. From 2020 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Taiwan (Chinese) ($419,512 per ton), while the price for France ($12,356 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (+39.2%), 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 China
In 2022, shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 was finally on the rise to reach 1.7K tons after two years of decline. Overall, exports, however, continue to indicate a deep contraction.
In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 expanded modestly to $40M in 2022. The total export value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 9.3% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.
| Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Philippines | 15.9 | 21.4 | 17.5 | 17.9 | 4.0% |
| Malaysia | 7.9 | 6.0 | 6.0 | 8.4 | 2.1% |
| India | 3.1 | 4.1 | 6.3 | 7.4 | 33.6% |
| Hong Kong SAR | 4.1 | 2.8 | 3.5 | 3.1 | -8.9% |
| Singapore | 2.1 | 1.1 | 0.5 | 0.2 | -54.3% |
| Iran | N/A | N/A | N/A | 0.1 | 0% |
| Others | 3.5 | 4.7 | 4.3 | 2.9 | -6.1% |
| Total | 36.6 | 40.0 | 38.1 | 40.0 | 3.0% |
Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from China in 2022:
- Philippines (863.3 tons)
- India (541.6 tons)
- Malaysia (77.4 tons)
- Hong Kong SAR (54.8 tons)
- Iran (29.8 tons)
- Singapore (14.5 tons)
Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China
In 2022, overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -0.2% to 31 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, posted significant growth. The growth pace was the most rapid in 2020 with an increase of 1,120% against the previous year. As a result, imports reached the peak of 47 tons. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 skyrocketed to $2M in 2022. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 26%. As a result, imports attained the peak of $2.5M. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.
| Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in China (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Taiwan (Chinese) | 953 | 869 | 600 | 241 | -36.8% |
| United States | 1.4 | 14.7 | 17.2 | 44.4 | 216.5% |
| Mexico | 72.1 | 38.7 | 46.4 | 34.8 | -21.6% |
| Germany | 43.4 | 192 | 60.0 | 26.5 | -15.2% |
| Philippines | 1.9 | 12.1 | 16.6 | 14.9 | 98.7% |
| Japan | 8.0 | 0.7 | N/A | 14.3 | 21.4% |
| France | N/A | 1.4 | N/A | 9.8 | 164.6% |
| Vietnam | N/A | N/A | N/A | 1.4 | 0% |
| Thailand | 872 | 78.6 | N/A | N/A | -91.0% |
| Others | 9.3 | 1,263 | 936 | 1,581 | 454.0% |
| Total | 1,961 | 2,469 | 1,675 | 1,968 | 0.1% |
Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to China in 2022:
- France (0.8 tons)
- Taiwan (Chinese) (0.6 tons)
- United States (0.2 tons)
- Philippines (0.1 tons)
- Vietnam (0.1 tons)
- Germany (0.1 tons)
- Japan (0.1 tons)
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This report provides an in-depth analysis of the computing machinery market in China.
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This report provides an in-depth analysis of the global computing machinery market.
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