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

Contents:

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

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $77,798 per ton in 2022, with an increase of 64% against the previous year. In general, the import price, however, continues to indicate a abrupt decrease. The import price peaked at $190,100 per ton in 2012; however, from 2013 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 Singapore ($149,605 per ton), while the price for China stood at $70,175 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (-0.5%).

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $623,944 per ton in 2022, falling by -15.2% against the previous year. Overall, the export price showed a pronounced decline. The pace of growth was the most pronounced in 2019 an increase of 220% against the previous year. The export price peaked at $854,484 per ton in 2012; however, from 2013 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 Hong Kong SAR ($2,682,250 per ton), while the average price for exports to Singapore ($92,914 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 China (+25.9%), 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 Japan

After three years of growth, supplies from abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -74.5% to 14 tons in 2022. Over the period under review, imports, however, posted significant growth. The pace of growth appeared the most rapid in 2021 when imports increased by 217% against the previous year. As a result, imports reached the peak of 57 tons, and then fell significantly in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined markedly to $1.1M in 2022. In general, imports, however, recorded a buoyant increase. The pace of growth was the most pronounced in 2021 when imports increased by 80%. As a result, imports reached the peak of $2.7M, and then shrank dramatically in the following year.

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

1. China (13.4 tons)
2. Singapore (0.7 tons)

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

In 2022, after three years of growth, there was significant decline in shipments abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, when their volume decreased by -41.9% to 756 kg. Over the period under review, exports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 89%.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 contracted remarkably to $472K in 2022. In general, exports, however, enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 with an increase of 146% against the previous year.

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

1. Taiwan (Chinese) (351.0 kg)
2. Philippines (127.0 kg)
3. India (85.0 kg)
4. Singapore (58.0 kg)
5. Indonesia (48.0 kg)
6. United States (28.0 kg)
7. China (21.0 kg)
8. Thailand (12.0 kg)
9. Hong Kong SAR (8.0 kg)

Source: IndexBox Market Intelligence Platform