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

Contents:

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

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $237,337 per ton in 2022, with an increase of 62% against the previous year. Overall, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 218% against the previous year. As a result, import price attained the peak level of $742,689 per ton. From 2019 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($642,898 per ton), while the price for Taiwan (Chinese) ($81,000 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+15.5%), 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 Slovakia (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 $13,801 per ton, dropping by -84.2% against the previous year. Overall, the export price saw a abrupt shrinkage. The pace of growth appeared the most rapid in 2018 when the average export price increased by 2,249%. As a result, the export price attained the peak level of $1,164,628 per ton. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($65,225 per ton), while the average price for exports to Hong Kong SAR ($13,109 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 Hong Kong SAR (+64.6%), while the prices for the other major destinations experienced mixed trend patterns.

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

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 -46.2% to 14 tons in 2022. Overall, imports, however, posted a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 90% against the previous year.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 dropped to $3.4M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +7.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +33.3% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 53%. As a result, imports reached the peak of $3.9M, and then reduced in the following year.

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

1. Czech Republic (9.4 tons)
2. Hungary (2.9 tons)
3. Netherlands (1.0 tons)
4. Italy (0.2 tons)
5. China (0.2 tons)
6. Germany (0.1 tons)

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

In 2022, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 from Slovakia rose rapidly to 31 tons, growing by 7.8% on the previous year's figure. In general, exports showed a significant expansion. The growth pace was the most rapid in 2021 with an increase of 754% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 declined sharply to $427K in 2022. Over the period under review, exports, however, showed a dramatic shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 76% against the previous year. As a result, the exports reached the peak of $2.5M, and then declined sharply in the following year.

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

1. Hong Kong SAR (30.4 tons)
2. Czech Republic (0.2 tons)

Source: IndexBox Market Intelligence Platform