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

Contents:

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

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $22,040 per ton in 2022, reducing by -24% against the previous year. Overall, the import price showed a abrupt contraction. The pace of growth appeared the most rapid in 2020 when the average import price increased by 62%. The import price peaked at $67,863 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Italy ($37,883 per ton), while the price for Slovenia amounted to $9,467 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+5.1%).

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Hungary (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 $31,628 per ton, which is down by -53.4% against the previous year. Over the period under review, the export price saw a pronounced contraction. The pace of growth appeared the most rapid in 2019 an increase of 65%. The export price peaked at $98,567 per ton in 2020; however, from 2021 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 Austria ($137,242 per ton), while the average price for exports to France ($11,603 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 Spain (+155.0%), while the prices for the other major destinations experienced more modest paces of growth.

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

In 2022, approx. 313 tons of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were imported into Hungary; growing by 71% against the previous year. Over the period under review, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 532%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

In value terms, imports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 skyrocketed to $6.9M in 2022. In general, imports showed a significant expansion. The growth pace was the most rapid in 2021 when imports increased by 224% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Hungary (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy1.10.53.94.964.5%
SloveniaN/AN/AN/A1.70%
Germany0.10.70.9N/A200.0%
Others0.10.40.50.226.0%
Total1.31.65.36.974.4%

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

  1. Slovenia (178.0 tons)
  2. Italy (130.5 tons)
  3. Germany (0.2 tons)

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

In 2022, approx. 14 tons of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were exported from Hungary; increasing by 95% against 2021 figures. Overall, exports recorded significant growth. The growth pace was the most rapid in 2021 with an increase of 413%. Over the period under review, the exports of reached the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 contracted to $443K in 2022. In general, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2021 when exports increased by 253%. As a result, the exports attained the peak of $488K, and then shrank in the following year.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in Hungary (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Romania68.680.326131265.7%
Croatia31.348.158.362.726.1%
GreeceN/AN/A75.036.8-50.9%
AustriaN/AN/A64.49.1-85.9%
FranceN/AN/A0.66.61000.0%
Others4.39.728.015.754.0%
Total10413848844362.1%

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

  1. Romania (12.2 tons)
  2. France (0.6 tons)
  3. Croatia (0.6 tons)
  4. Greece (0.4 tons)
  5. Austria (0.1 tons)

Source: IndexBox Market Intelligence Platform

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