Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela - 2022
Contents:
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela (CIF) - 2022
- Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela (FOB) - 2022
- Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela
- Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela
Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela (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 $307,262 per ton, declining by -10.8% against the previous year. In general, import price indicated measured 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 +68.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 89%. As a result, import price attained the peak level of $344,393 per ton, and then fell in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Panama ($732,000 per ton), while the price for Spain ($47,500 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Panama (+11.4%), 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 Venezuela (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 $38,143 per ton, with an increase of 15% against the previous year. Overall, the export price, however, showed a abrupt decline. The growth pace was the most rapid in 2017 an increase of 42% against the previous year. As a result, the export price reached the peak level of $187,429 per ton. From 2018 to 2022, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Panama ($223,000 per ton), while the average price for exports to Spain amounted to $7,333 per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.2%), 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 Venezuela
In 2022, approx. 65 kg of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were imported into Venezuela; surging by 6.6% on 2021 figures. Over the period under review, imports, however, continue to indicate a sharp contraction. The pace of growth was the most pronounced in 2020 with an increase of 64% against the previous year. As a result, imports reached the peak of 480 kg. From 2021 to 2022, the growth of imports of failed to regain momentum.
In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 dropped modestly to $20K in 2022. In general, imports, however, continue to indicate a dramatic descent. The growth pace was the most rapid in 2020 when imports increased by 36%. As a result, imports reached the peak of $87K. 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 Venezuela (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 60.7 | 80.9 | 18.6 | 18.0 | -33.3% |
| Panama | 0.7 | 2.4 | 0.9 | 0.7 | 0.0% |
| United Kingdom | 1.4 | 2.3 | 0.8 | 0.7 | -20.6% |
| Japan | 0.8 | 1.3 | 0.5 | 0.4 | -20.6% |
| China | 0.2 | 0.2 | 0.1 | 0.1 | -20.6% |
| Spain | 0.2 | 0.3 | 0.1 | 0.1 | -20.6% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 64.1 | 87.4 | 21.0 | 20.0 | -32.2% |
Top Suppliers of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 to Venezuela in 2022:
- United States (59.0 kg)
- Spain (2.0 kg)
- Panama (1.0 kg)
- United Kingdom (1.0 kg)
- China (1.0 kg)
- Japan (1.0 kg)
Exports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela
For the third consecutive year, Venezuela recorded decline in overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, which decreased by -22.2% to 7 kg in 2022. In general, exports faced a abrupt contraction. The smallest decline of -9.1% was in 2020.
In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 reduced to $267 in 2022. Overall, exports saw a abrupt decline.
| Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Venezuela (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Panama | 230 | 251 | 238 | 223 | -1.0% |
| Spain | 97.0 | 82.0 | 60.0 | 44.0 | -23.2% |
| Timor-Leste | 45.0 | N/A | N/A | N/A | 0% |
| Others | N/A | N/A | N/A | N/A | 0% |
| Total | 372 | 333 | 298 | 267 | -10.5% |
Top Export Markets for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 from Venezuela in 2022:
- Spain (6.0 kg)
- Panama (1.0 kg)
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This report provides an in-depth analysis of the computing machinery market in Venezuela.
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This report provides an in-depth analysis of the global computing machinery market.
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