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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Ethiopia (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 $105,967 per ton, shrinking by -17.5% against the previous year. Over the period under review, the import price saw a deep contraction. The pace of growth appeared the most rapid in 2019 when the average import price increased by 113% against the previous year. Over the period under review, average import prices hit record highs at $351,847 per ton in 2012; however, from 2013 to 2022, import prices remained at a 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 China ($343,000 per ton), while the price for France ($5,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-2.5%), while the prices for the other major suppliers experienced a decline.

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

In 2020, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $71,933 per ton, growing by 139% against the previous year. In general, the export price, however, continues to indicate a perceptible curtailment. The export price peaked at $90,667 per ton in 2012; however, from 2013 to 2020, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Kenya.

From 2012 to 2020, the rate of growth in terms of prices for Ghana amounted to -13.4% per year.

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

Imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 into Ethiopia soared to 61 kg in 2022, increasing by 20% compared with 2021 figures. Overall, imports, however, recorded a perceptible descent. The most prominent rate of growth was recorded in 2020 when imports increased by 306% against the previous year. As a result, imports attained the peak of 272 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 shrank modestly to $6.5K in 2022. In general, imports, however, showed a sharp setback. The growth pace was the most rapid in 2020 with an increase of 180% against the previous year. As a result, imports attained the peak of $57K. From 2021 to 2022, the growth of imports of failed to regain momentum.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Ethiopia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom12.229.33.12.6-40.3%
China2.99.91.51.7-16.3%
Malaysia1.57.31.11.3-4.7%
Bulgaria0.74.80.60.5-10.6%
United Arab Emirates1.73.60.30.3-43.9%
FranceN/A0.1N/AN/A0%
Serbia0.10.2N/AN/A100.0%
NetherlandsN/A0.6N/AN/A0%
Others1.10.90.10.1-55.0%
Total20.356.86.66.5-31.6%

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

  1. United Kingdom (22.0 kg)
  2. Malaysia (20.0 kg)
  3. Bulgaria (7.0 kg)
  4. China (5.0 kg)
  5. United Arab Emirates (4.0 kg)
  6. Serbia (1.0 kg)
  7. France (1.0 kg)

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

In 2020, approx. 15 kg of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were exported from Ethiopia; reducing by -70.6% on 2019. In general, exports recorded a sharp curtailment.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined remarkably to $1.1K in 2020. Overall, exports saw a significant decline.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Ethiopia (USD)
COUNTRY20192020CAGR,
2019-2020
KenyaN/A1,0790%
Ireland1,038N/A0%
Ghana494N/A0%
OthersN/AN/A0%
Total1,5321,079-29.6%

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

  1. Kenya (15.0 kg)

Source: IndexBox Market Intelligence Platform

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