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

Contents:

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

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

The average export price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $46,160 per ton in 2022, jumping by 70% against the previous year. Overall, the export price, however, continues to indicate a abrupt downturn. The export price peaked at $86,418 per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($96,360 per ton), while the average price for exports to Hungary ($10,016 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 Malta (+15.4%), while the prices for the other major destinations experienced mixed trend patterns.

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $61,482 per ton in 2022, jumping by 36% against the previous year. Overall, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 increased by +102.9% against 2019 indices. The growth pace was the most rapid in 2021 when the average import price increased by 45%. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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 Netherlands ($312,789 per ton), while the price for Poland ($10,926 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.3%), while the prices for the other major suppliers experienced more modest paces of growth.

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

In 2022, overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -18.5% to 185 tons, falling for the second year in a row after two years of growth. The total export volume increased at an average annual rate of +3.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 when exports increased by 37%. As a result, the exports attained the peak of 228 tons. From 2021 to 2022, the growth of the exports of remained at a lower figure.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 skyrocketed to $8.5M in 2022. In general, total exports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +19.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +69.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 61% 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 years to come.

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

1. Germany (77.9 tons)
2. Italy (33.9 tons)
3. China (17.4 tons)
4. Hungary (15.5 tons)
5. France (13.1 tons)
6. Portugal (13.0 tons)
7. Greece (5.3 tons)
8. United Kingdom (0.3 tons)
9. Malta (0.2 tons)

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

In 2022, supplies from abroad of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 decreased by -30.4% to 105 tons, falling for the second consecutive year after two years of growth. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 with an increase of 18%. As a result, imports reached the peak of 151 tons. 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 reduced to $6.5M in 2022. In general, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +18.5% 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 +66.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports attained the peak of $6.8M, and then declined in the following year.

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

1. Germany (47.4 tons)
2. Poland (19.8 tons)
3. China (12.9 tons)
4. Italy (11.6 tons)
5. France (7.7 tons)
6. Netherlands (1.4 tons)

Source: IndexBox Market Intelligence Platform