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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Greece (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 $74,851 per ton, with an increase of 42% against the previous year. In general, the import price continues to indicate moderate growth. The most prominent rate of growth was recorded in 2020 when the average import price increased by 173%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

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 Netherlands ($895,986 per ton), while the price for China ($9,990 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+39.7%), while the prices for the other major suppliers experienced more modest paces of growth.

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $71,400 per ton in 2022, declining by -17.1% against the previous year. Overall, the export price saw a perceptible contraction. The pace of growth was the most pronounced in 2018 an increase of 80% against the previous year. Over the period under review, the average export prices reached the peak figure at $127,897 per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($390,330 per ton), while the average price for exports to Portugal ($26,317 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 Panama (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, the amount of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 imported into Greece declined remarkably to 26 tons, waning by -39.7% against 2021. Over the period under review, imports showed a sharp setback. The growth pace was the most rapid in 2021 when imports increased by 17% against the previous year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 dropped to $1.9M in 2022. In general, imports continue to indicate a dramatic contraction. The pace of growth was the most pronounced in 2021 with an increase of 22% against the previous year.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands6045709326814.1%
Germany854559554516-15.5%
Poland67.542.016016434.4%
Italy139230180103-9.5%
Lithuania19.50.814.610374.2%
TurkeyN/A96.475.21022.9%
China20.059.090.170.952.5%
Bulgaria1,63835.32.614.8-79.2%
Czech Republic16527.359.35.5-67.8%
Others443236201177-26.3%
Total3,9501,8562,2691,938-21.1%

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

  1. Lithuania (8.0 tons)
  2. China (7.1 tons)
  3. Germany (3.3 tons)
  4. Poland (2.0 tons)
  5. Italy (1.5 tons)
  6. Turkey (0.9 tons)
  7. Netherlands (0.8 tons)
  8. Czech Republic (0.3 tons)
  9. Bulgaria (0.3 tons)

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

In 2022, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Greece fell significantly to 7.2 tons, with a decrease of -70.6% compared with the previous year's figure. Overall, exports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2021 when exports increased by 257% against the previous year. As a result, the exports reached the peak of 25 tons, and then declined 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 shrank notably to $518K in 2022. In general, exports, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2021 with an increase of 389%. As a result, the exports reached the peak of $2.1M, and then dropped remarkably in the following year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Greece (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Cyprus17.57.394.188.971.9%
RomaniaN/AN/AN/A74.60%
Singapore62.952.228.452.4-5.9%
United Arab Emirates11.112.90.238.551.4%
South Korea15.30.511.334.330.9%
Italy26.026.655.826.91.1%
China9.46.716917.923.9%
Panama15.2N/A17.417.54.8%
Liberia21.66.314.014.3-12.8%
Marshall Islands36.615.00.711.7-31.6%
Malta10.94.626.69.5-4.5%
Portugal7.14.538.18.14.5%
Morocco4.82.18.37.214.5%
Others1362961,662116-5.2%
Total3744352,12651811.5%

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

  1. United Arab Emirates (1109.0 kg)
  2. Cyprus (1032.0 kg)
  3. Singapore (1029.0 kg)
  4. Italy (380.0 kg)
  5. South Korea (368.0 kg)
  6. Panama (345.0 kg)
  7. Malta (320.0 kg)
  8. China (316.0 kg)
  9. Portugal (309.0 kg)
  10. Marshall Islands (272.0 kg)
  11. Liberia (215.0 kg)
  12. Morocco (194.0 kg)
  13. Romania (191.0 kg)

Source: IndexBox Market Intelligence Platform

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