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

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Russia (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 $121,714 per ton, with an increase of 56% against the previous year. Overall, the import price posted a mild increase. The growth pace was the most rapid in 2017 an increase of 307% against the previous year. The import price peaked at $220,795 per ton in 2018; however, from 2019 to 2022, import prices remained at a 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 the United Arab Emirates ($655,228 per ton), while the price for China ($46,054 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+28.9%), 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 Russia (FOB) - 2022

In 2022, the average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 amounted to $44,143 per ton, dropping by -85.5% against the previous year. In general, the export price faced a abrupt curtailment. The most prominent rate of growth was recorded in 2021 an increase of 557%. The export price peaked at $531,723 per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($68,540 per ton), while the average price for exports to Kazakhstan ($12,571 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 Armenia (-13.3%), while the prices for the other major destinations experienced a decline.

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

In 2022, purchases abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -84.1% to 1.9 tons for the first time since 2018, thus ending a three-year rising trend. In general, imports, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 with an increase of 431% against the previous year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 contracted markedly to $229K in 2022. Overall, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 256%.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Taiwan (Chinese)N/AN/A34.196.4182.7%
China3.340249965.4170.6%
United Arab EmiratesN/AN/A12051.8-56.8%
ArmeniaN/AN/AN/A12.80%
United Kingdom37.6113171N/A113.3%
France35.71.7N/AN/A-95.2%
Denmark88.1N/A5.9N/A-74.1%
Australia3.0231N/AN/A7600.0%
Others55.948.189.42.2-66.0%
Total2247979202290.7%

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

  1. China (1421.0 kg)
  2. Taiwan (Chinese) (301.0 kg)
  3. United Arab Emirates (79.0 kg)
  4. Armenia (65.0 kg)

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

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were finally on the rise to reach 956 kg after two years of decline. In general, exports, however, showed a abrupt curtailment.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 rose rapidly to $42K in 2022. Overall, exports saw a buoyant increase. The most prominent rate of growth was recorded in 2021 with an increase of 123% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Russia (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
FinlandN/AN/AN/A25.00%
Armenia3.00.40.616.275.4%
Kazakhstan27.41.30.50.8-69.2%
United Arab EmiratesN/A4.74.3N/A-8.5%
PortugalN/A9.4N/AN/A0%
Kyrgyzstan0.10.1N/AN/A0.0%
Others2.61.032.50.2-57.5%
Total33.017.037.842.28.5%

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

  1. Armenia (524.0 kg)
  2. Finland (365.0 kg)
  3. Kazakhstan (63.0 kg)

Source: IndexBox Market Intelligence Platform

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