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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Indonesia (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 $208,973 per ton, surging by 33% against the previous year. In general, the import price posted a measured expansion. The growth pace was the most rapid in 2018 when the average import price increased by 266%. As a result, import price reached the peak level of $211,060 per ton. From 2019 to 2022, the average 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 Singapore ($378,753 per ton), while the price for China ($57,272 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Australia (+1.3%), 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 Indonesia (FOB) - 2022

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $121,459 per ton in 2022, growing by 2.8% against the previous year. In general, the export price posted a temperate increase. The pace of growth was the most pronounced in 2014 an increase of 142% against the previous year. Over the period under review, the average export prices attained the maximum at $219,226 per ton in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 Japan ($387,085 per ton), while the average price for exports to Ireland ($55,941 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 Japan (+16.7%), 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 Indonesia

For the third consecutive year, Indonesia recorded decline in purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, which decreased by -20.5% to 2 tons in 2022. In general, imports showed a precipitous setback.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 expanded significantly to $416K in 2022. Overall, imports showed a sharp decline.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore95955.0150289-33.0%
China83.419210149.4-16.0%
Philippines10623.72.837.7-29.1%
Australia10.238.3N/A13.810.6%
Japan0.24.039.96.1212.4%
Thailand20.343.440.90.2-78.6%
Others56.774.458.919.8-29.6%
Total1,236431394416-30.4%

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

  1. China (863.0 kg)
  2. Singapore (762.0 kg)
  3. Philippines (124.0 kg)
  4. Australia (100.0 kg)
  5. Japan (54.0 kg)
  6. Thailand (2.0 kg)

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

In 2022, the amount of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 exported from Indonesia dropped to 1.7 tons, with a decrease of -9.2% compared with 2021 figures. Over the period under review, exports recorded a abrupt downturn. The pace of growth appeared the most rapid in 2021 with an increase of 125%.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced to $207K in 2022. In general, exports showed a deep downturn. The pace of growth appeared the most rapid in 2021 with an increase of 161% against the previous year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Indonesia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hong Kong SAR66.753.011210315.6%
Singapore1900.544.542.8-39.2%
Japan17.72.4N/A27.515.8%
Slovakia5.97.414.111.223.8%
Spain1.12.45.58.9100.8%
IrelandN/AN/AN/A4.80%
United Kingdom30.1N/A2.83.1-53.1%
France5.510.09.51.6-33.7%
Canada3.71.41.80.6-45.5%
EgyptN/AN/A20.0N/A0%
Netherlands8.71.50.1N/A-89.3%
United States11.6N/AN/AN/A0%
Others24.96.411.83.7-47.0%
Total36685.0222207-17.3%

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

  1. Hong Kong SAR (1011.0 kg)
  2. Singapore (192.0 kg)
  3. Spain (153.0 kg)
  4. Ireland (85.0 kg)
  5. Japan (71.0 kg)
  6. Slovakia (49.0 kg)
  7. United Kingdom (43.0 kg)
  8. France (40.0 kg)
  9. Canada (6.0 kg)

Source: IndexBox Market Intelligence Platform

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