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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Nepal (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 $50,696 per ton, declining by -39.5% against the previous year. Overall, the import price continues to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2016 when the average import price increased by 982%. As a result, import price reached the peak level of $435,700 per ton. From 2017 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($214,000 per ton), while the price for Singapore ($1,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

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

After three years of growth, overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -72% to 23 kg in 2022. Overall, imports continue to indicate a abrupt descent. The pace of growth appeared the most rapid in 2021 with an increase of 78%. As a result, imports attained the peak of 82 kg, and then reduced remarkably in the following year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced markedly to $1.2K in 2022. In general, imports saw a precipitous curtailment. The pace of growth appeared the most rapid in 2020 with an increase of 56% against the previous year.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Nepal (USD)
COUNTRY2019202020212022CAGR,
2019-2022
AustraliaN/AN/AN/A5510%
United Kingdom2,134895720214-53.5%
India1244991381557.7%
Japan333200232114-30.0%
China11421.05,704104-3.0%
United States20.09.069.026.09.1%
Singapore1,3182.02.01.0-90.9%
United Arab Emirates52.04.04.01.0-73.2%
Italy1215,131N/AN/A4140.5%
Others14221.0N/AN/A-85.2%
Total4,3586,7826,8691,166-35.6%

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

  1. India (14.0 kg)
  2. Australia (3.0 kg)
  3. United States (1.0 kg)
  4. Singapore (1.0 kg)
  5. United Arab Emirates (1.0 kg)
  6. United Kingdom (1.0 kg)
  7. China (1.0 kg)
  8. Japan (1.0 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 - Nepal