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

Contents:

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

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $126,590 per ton in 2022, jumping by 21% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. The pace of growth was the most pronounced in 2013 an increase of 39%. Over the period under review, the average export prices reached the peak figure at $136,358 per ton in 2015; however, from 2016 to 2022, the export prices remained at a lower figure.

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 Thailand ($178,667 per ton), while the average price for exports to China ($66,329 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 Thailand (+8.4%), while the prices for the other major destinations experienced mixed trend patterns.

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Denmark (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 $96,871 per ton, growing by 22% against the previous year. Over the period under review, the import price, however, recorded a perceptible reduction. The most prominent rate of growth was recorded in 2018 an increase of 32%. The import price peaked at $189,640 per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Norway ($181,529 per ton), while the price for Italy ($34,127 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+8.6%), 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 Denmark

In 2022, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Denmark expanded notably to 31 tons, growing by 6.5% against 2021 figures. Overall, exports enjoyed a noticeable expansion. The pace of growth was the most pronounced in 2021 with an increase of 126%. Over the period under review, the exports of attained the maximum 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 $3.9M in 2022. Over the period under review, exports recorded perceptible growth. The pace of growth was the most pronounced in 2021 with an increase of 140% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom3.4N/A1,3272,073748.0%
United States14411219759960.8%
Norway1,350357483327-37.7%
Serbia52.35.030.928074.9%
China16052.034884.8-19.1%
Switzerland44731.321570.6-45.9%
Sweden21529353.366.2-32.5%
Others1,087413381419-27.2%
Total3,4591,2633,0353,9204.3%

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

  1. United Kingdom (15.5 tons)
  2. United States (4.7 tons)
  3. Norway (3.0 tons)
  4. Serbia (2.1 tons)
  5. China (1.3 tons)
  6. Sweden (0.9 tons)
  7. Switzerland (0.8 tons)

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

In 2022, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Denmark expanded significantly to 7.3 tons, surging by 14% compared with the year before. In general, imports, however, showed a deep setback. The most prominent rate of growth was recorded in 2020 when imports increased by 38%. As a result, imports reached the peak of 13 tons. From 2021 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 soared to $711K in 2022. Over the period under review, imports, however, showed a abrupt setback.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Denmark (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden351360320207-16.1%
United Kingdom36337728.994.6-36.1%
Hong Kong SAR18.04.21.894.073.5%
Netherlands87.527229.881.7-2.3%
China13.510.419.852.056.8%
Norway12613121.133.9-35.4%
Germany11.06.98.931.241.6%
Taiwan (Chinese)24.436.16.323.4-1.4%
Switzerland99.42.45.410.6-52.6%
Italy15.911.913.510.0-14.3%
Others60.885.057.573.16.3%
Total1,1701,297513711-15.3%

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

  1. Sweden (2582.0 kg)
  2. Hong Kong SAR (1063.0 kg)
  3. Netherlands (794.0 kg)
  4. United Kingdom (613.0 kg)
  5. China (567.0 kg)
  6. Taiwan (Chinese) (450.0 kg)
  7. Germany (312.0 kg)
  8. Italy (292.0 kg)
  9. Norway (187.0 kg)
  10. Switzerland (62.0 kg)

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 - Denmark