Hong Kong SAR, China - Electronic Calculators And Pocket-Size Data Recording, Reproducing And Displaying Machines With Calculating Functions - Market Analysis, Forecast, Size, Trends and Insights
Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.
View PricingHong Kong Experiences 23% Surge in Calculator Prices, With An Average Unit Cost of $6.5
Hong Kong Calculator Export Price in May 2023
In May 2023, the calculator price amounted to $6.5 per unit (FOB, Hong Kong), picking up by 23% against the previous month. In general, the export price saw a moderate increase. The pace of growth was the most pronounced in October 2022 when the average export price increased by 130% month-to-month. As a result, the export price attained the peak level of $8,768 per thousand units. From November 2022 to May 2023, the the average export prices remained at a somewhat lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was India ($11.1 per unit), while the average price for exports to China ($3.8 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+30.6%), while the prices for the other major destinations experienced more modest paces of growth.
| COUNTRY | Export Price of Calculator in Hong Kong (USD per unit) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| May 2022 | Jun 2022 | Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | |
| India | 6.6 | 3.2 | 2.1 | 3.9 | 4.4 | 5.7 | 3.1 | 3.0 | 3.0 | 5.3 | 5.0 | 3.6 | 11.1 |
| United States | 3.7 | 3.9 | 3.5 | 7.8 | 3.1 | 4.8 | 8.7 | 6.5 | 4.9 | 10.3 | 8.6 | 6.4 | 8.4 |
| Philippines | 5.1 | 4.5 | 4.9 | 2.8 | 4.2 | N/A | 6.1 | 4.7 | 5.6 | 4.4 | 5.1 | 4.2 | 5.7 |
| China | 3.2 | 3.7 | 4.1 | 3.1 | 3.4 | 9.3 | 3.2 | 2.7 | 4.7 | 5.9 | 10.3 | 3.0 | 3.8 |
| Indonesia | 0.9 | 0.7 | 0.7 | 0.7 | 1.6 | N/A | 0.8 | 2.4 | 0.9 | 6.4 | 0.7 | 17.2 | N/A |
| Average | 4.0 | 3.9 | 4.0 | 4.0 | 3.8 | 8.8 | 3.8 | 4.1 | 4.6 | 6.6 | 5.9 | 5.3 | 6.5 |
Hong Kong Calculator Export Prices by Type
There were significant differences in the average prices for the major types of exported product. In May 2023, the product with the highest price was calculating machines; electronic, incorporating a printing device, needing an external source of power ($25.3 per unit), while the average price for exports of calculating machines; electronic, (not incorporating a printing device), needing an external power source ($2.7 per unit) was amongst the lowest.
From May 2022 to May 2023, the most notable rate of growth in terms of prices was recorded for the following types: calculating machines; electronic, incorporating a printing device, needing an external source of power (+6.9%), while the prices for the other products experienced mixed trend patterns.
Hong Kong Calculator Exports
After two months of growth, shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -15.3% to 477K units in May 2023. In general, exports recorded a deep slump. The growth pace was the most rapid in August 2022 with an increase of 97% month-to-month. Over the period under review, the exports attained the peak figure at 2M units in October 2022; however, from November 2022 to May 2023, the exports failed to regain momentum.
In value terms, calculator exports rose slightly to $3.1M (IndexBox estimates) in May 2023. Overall, exports recorded a pronounced downturn. The most prominent rate of growth was recorded in October 2022 when exports increased by 236% m-o-m. As a result, the exports attained the peak of $18M. From November 2022 to May 2023, the growth of the exports remained at a somewhat lower figure.
Hong Kong Calculator Exports by Type
Calculators; electronic, capable of operation without an external source of electric power (473K units) was the largest type of calculator exported from Hong Kong, with a 99% share of total exports. It was followed by calculating machines; electronic, (not incorporating a printing device), needing an external power source (2.4K units), with a 0.5% share of total exports.
From May 2022 to May 2023, the average monthly growth rate of the volume of export of calculators; electronic, capable of operation without an external source of electric power stood at -6.7%. With regard to the other exported products, the following average monthly rates of growth were recorded: calculating machines; electronic, (not incorporating a printing device), needing an external power source (+8.9% per month) and calculating machines; electronic, incorporating a printing device, needing an external source of power (-15.4% per month).
In value terms, calculators; electronic, capable of operation without an external source of electric power ($3M) remains the largest type of calculator exported from Hong Kong, comprising 98% of total exports. The second position in the ranking was held by calculating machines; electronic, incorporating a printing device, needing an external source of power ($47K), with a 1.5% share of total exports.
From May 2022 to May 2023, the average monthly growth rate of the export volume of calculators; electronic, capable of operation without an external source of electric power amounted to -2.8%. With regard to the other exported products, the following average monthly rates of growth were recorded: calculating machines; electronic, incorporating a printing device, needing an external source of power (-9.6% per month) and calculating machines; electronic, (not incorporating a printing device), needing an external power source (-5.5% per month).
Hong Kong Calculator Exports by Country
Israel (76K units), the Philippines (67K units) and Spain (56K units) were the main destinations of calculator exports from Hong Kong, together accounting for 42% of total exports.
From May 2022 to May 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +26.5%), while the other leaders experienced more modest paces of growth.
In value terms, the largest markets for calculator exported from Hong Kong were India ($562K), Israel ($555K) and the Philippines ($382K), with a combined 49% share of total exports. The United States, Spain, Japan, China and Malaysia lagged somewhat behind, together accounting for a further 34%.
Spain, with a CAGR of +20.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the calculator market in Hong Kong SAR, China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28231200 - Electronic calculators and pocket-size data recording, r eproducing and displaying machines with calculating functions
Country coverage:
- Hong Kong SAR
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hong Kong SAR, China
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
-
1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
-
4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
-
5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
-
6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
-
10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
-
LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
