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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Myanmar (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 $66,784 per ton, picking up by 71% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. The growth pace was the most rapid in 2018 when the average import price increased by 161%. The import price peaked at $232,798 per ton in 2014; however, from 2015 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 ($67,453 per ton), while the price for Thailand stood at $31,333 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+12.1%).

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

In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -9% to 162 kg, falling for the second year in a row after two years of growth. Overall, imports, however, saw significant growth. The growth pace was the most rapid in 2020 when imports increased by 943%. As a result, imports reached the peak of 386 kg. From 2021 to 2022, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 surged to $11K in 2022. Over the period under review, imports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 837%. As a result, imports reached the peak of $22K. 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 Myanmar (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Singapore0.911.7N/A10.7128.2%
ThailandN/AN/A0.20.1-50.0%
MalaysiaN/AN/A6.8N/A0%
United StatesN/A9.4N/AN/A0%
Italy1.5N/AN/AN/A0%
OthersN/A1.3N/AN/A0%
Total2.422.47.010.865.1%

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

  1. Singapore (159.0 kg)
  2. Thailand (3.0 kg)

Source: IndexBox Market Intelligence Platform

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Free Data: Calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 - Myanmar