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

Contents:

  1. Price for Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Dominican Republic (CIF) - 2022
  2. Imports of Calculating Machines; Parts and Accessories of Item No. 8470.10, 8470.21 or 8470.29 in the Dominican Republic

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

The average import price for calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 stood at $25,493 per ton in 2022, dropping by -29% against the previous year. Over the period under review, the import price showed a deep reduction. The pace of growth was the most pronounced in 2017 when the average import price increased by 116% against the previous year. The import price peaked at $74,460 per ton in 2012; however, from 2013 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 ($43,922 per ton), while the price for Mexico ($10,623 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (-3.8%), while the prices for the other major suppliers experienced a decline.

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

For the fourth year in a row, the Dominican Republic recorded growth in overseas purchases of calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29, which increased by 1,307% to 72 tons in 2022. Overall, imports saw a significant expansion. 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 surged to $1.8M in 2022. Over the period under review, imports recorded a significant expansion. 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 the Dominican Republic (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States34.114.958.61,715269.1%
Canada5.36.320.926.069.9%
China3.66.125.124.890.3%
Mexico9.216.422.80.7-57.6%
Others28.926.756.469.333.8%
Total81.070.51841,836183.0%

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

  1. United States (68.5 tons)
  2. China (1.2 tons)
  3. Canada (0.6 tons)
  4. Mexico (0.1 tons)

Source: IndexBox Market Intelligence Platform

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Free Data: Calculating machines; parts and accessories of item no. 8470.10, 8470.21 or 8470.29 - Dominican Republic