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

Contents:

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

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

In 2022, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $189,804 per ton, increasing by 43% against the previous year. Over the period under review, the export price saw a strong expansion. The growth pace was the most rapid in 2014 when the average export price increased by 141%. Over the period under review, the average export prices attained the peak figure at $391,000 per ton in 2018; however, from 2019 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 Hungary ($211,866 per ton), while the average price for exports to Liberia totaled $2,273 per ton.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+24.8%).

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Ghana (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 $16,307 per ton, growing by 3.5% against the previous year. Overall, the import price, however, saw a abrupt contraction. The most prominent rate of growth was recorded in 2017 when the average import price increased by 69%. Over the period under review, average import prices attained the peak figure at $121,119 per ton in 2013; however, from 2014 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 the UK ($327,444 per ton), while the price for the United Arab Emirates ($836 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+62.6%), 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 Ghana

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -45.6% to 209 kg for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,436%. As a result, the exports reached the peak of 384 kg, and then dropped remarkably in the following year.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined rapidly to $40K in 2022. In general, exports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 1,091%. As a result, the exports reached the peak of $51K, and then reduced markedly in the following year.

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

1. Hungary (187.0 kg)
2. Liberia (22.0 kg)

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

In 2022, supplies from abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -6% to 1.1 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by 139% against the previous year. As a result, imports reached the peak of 1.2 tons, and then shrank in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 shrank to $18K in 2022. Over the period under review, imports, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 153%.

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

1. United Arab Emirates (755.0 kg)
2. China (152.0 kg)
3. Austria (33.0 kg)
4. Netherlands (33.0 kg)
5. Hong Kong SAR (32.0 kg)
6. Australia (21.0 kg)
7. Canada (16.0 kg)
8. South Africa (2.0 kg)

Source: IndexBox Market Intelligence Platform