Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in South Africa - 2024

Contents:

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

Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in South Africa (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 $45,505 per ton, with a decrease of -49.7% against the previous year. In general, the import price showed a slight decline. The growth pace was the most rapid in 2021 when the average import price increased by 64%. As a result, import price attained the peak level of $90,475 per ton, and then shrank significantly in the following year.

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 Sweden ($74,655 per ton), while the price for China ($19,848 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+4.1%), 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 South Africa (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 $20,774 per ton, declining by -18.2% against the previous year. Overall, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of 107% against the previous year. The export price peaked at $41,016 per ton in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($35,121 per ton), while the average price for exports to Zimbabwe ($14,125 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 Italy (+26.0%), 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 South Africa

In 2022, approx. 46 tons of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 were imported into South Africa; increasing by 396% against the year before. In general, imports showed significant growth. As a result, imports attained the peak and are likely to continue 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 soared to $2.1M in 2022. Over the period under review, imports saw a prominent increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,2501,8553511,5617.7%
China10146.910.748668.8%
BelgiumN/AN/A376N/A0%
Others94.275.795.832.7-29.7%
Total1,4451,9788342,07912.9%

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

  1. China (24.5 tons)
  2. Sweden (20.9 tons)

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

In 2022, after two years of decline, there was significant growth in overseas shipments of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, when their volume increased by 119% to 9.5 tons. In general, exports showed noticeable growth. As a result, the exports attained the peak and are likely to continue 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 skyrocketed to $198K in 2022. Overall, exports, however, showed a abrupt shrinkage.

Export of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in South Africa (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Botswana15.323.04.410187.6%
Namibia31.014.548.019.9-13.7%
Lesotho7.723.912.619.035.1%
MozambiqueN/A1.84.317.7213.6%
Swaziland15020.822.713.0-55.7%
ItalyN/AN/AN/A7.80%
Zambia0.726.26.23.266.0%
Zimbabwe1.00.90.22.739.2%
Democratic Republic of the Congo14.92.61.71.2-56.8%
LuxembourgN/A114N/AN/A0%
Others10994.210.712.4-51.5%
Total329322111198-15.6%

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

  1. Botswana (5811.0 kg)
  2. Lesotho (976.0 kg)
  3. Mozambique (707.0 kg)
  4. Namibia (682.0 kg)
  5. Swaziland (394.0 kg)
  6. Italy (223.0 kg)
  7. Zimbabwe (192.0 kg)
  8. Zambia (148.0 kg)
  9. Democratic Republic of the Congo (84.0 kg)

Source: IndexBox Market Intelligence Platform

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