U.S. - Electronic Calculators And Pocket-Size Data Recording, Reproducing And Displaying Machines With Calculating Functions - Market Analysis, Forecast, Size, Trends and Insights
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View PricingJuly 2023 Sees Steep 66% Decline in $4.9M Calculator Imports to United States
U.S. Calculator Imports
Calculator imports into the United States fell rapidly to 1.2M units in July 2023, shrinking by -52.5% compared with June 2023 figures. Overall, imports saw a abrupt decrease. The pace of growth appeared the most rapid in March 2023 with an increase of 146% m-o-m. Imports peaked at 3M units in August 2022; however, from September 2022 to July 2023, imports failed to regain momentum.
In value terms, calculator imports shrank markedly to $4.9M (IndexBox estimates) in July 2023. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in March 2023 with an increase of 133% m-o-m. As a result, imports reached the peak of $19M. From April 2023 to July 2023, the growth of imports remained at a somewhat lower figure. 
| COUNTRY | Import Value of Calculator in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Jul 2022 | Aug 2022 | Sep 2022 | Oct 2022 | Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | |
| China | 1.9 | 1.6 | 3.3 | 2.0 | 1.7 | 1.9 | 1.3 | 1.2 | 1.3 | 1.3 | 1.7 | 1.4 | 1.6 |
| Philippines | 9.4 | 12.1 | 4.1 | 4.3 | 5.1 | 6.5 | 6.7 | 2.8 | 12.9 | 8.7 | 10.7 | 9.6 | 1.0 |
| Thailand | 1.0 | 2.7 | 0.6 | 0.3 | 0.5 | 1.2 | 0.8 | 1.9 | 1.2 | 0.9 | 1.8 | 0.6 | 0.8 |
| Cambodia | 0.7 | 0.2 | 1.4 | 0.6 | 0.6 | 0.7 | 0.7 | 0.4 | 0.4 | 0.2 | 0.6 | 0.2 | 0.1 |
| Others | 2.3 | 2.2 | 2.3 | 4.2 | 1.3 | 2.5 | 1.9 | 1.9 | 3.5 | 3.8 | 0.8 | 2.7 | 1.4 |
| Total | 15.2 | 18.9 | 11.7 | 11.2 | 9.2 | 12.8 | 11.4 | 8.2 | 19.2 | 15.0 | 15.6 | 14.5 | 4.9 |
Imports by Country
In July 2023, China (852K units) constituted the largest supplier of calculator to the United States, accounting for a 72% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (191K units), fourfold. The third position in this ranking was held by Thailand (108K units), with a 9.1% share.
From July 2022 to July 2023, the average monthly rate of growth in terms of volume from China stood at -2.3%. The remaining supplying countries recorded the following average monthly rates of imports growth: the Philippines (-14.6% per month) and Thailand (+0.8% per month).
In value terms, China ($1.6M), the Philippines ($1M) and Thailand ($787K) were the largest calculator suppliers to the United States, with a combined 69% share of total imports.
China, with a CAGR of -1.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.
Imports by Type
In July 2023, calculators; electronic, capable of operation without an external source of electric power (1.2M units) was the main type of calculator supplied to the United States, with a 98% share of total imports. It was followed by calculating machines; electronic, incorporating a printing device, needing an external source of power (12K units), with a 1% share of total imports.
From July 2022 to July 2023, the average monthly growth rate of the volume of import of calculators; electronic, capable of operation without an external source of electric power stood at -6.1%. With regard to the other supplied products, the following average monthly rates of growth were recorded: calculating machines; electronic, incorporating a printing device, needing an external source of power (-16.0% per month) and calculating machines; electronic, (not incorporating a printing device), needing an external power source (+11.5% per month).
In value terms, calculators; electronic, capable of operation without an external source of electric power ($4.2M) constituted the largest type of calculator supplied to the United States, comprising 86% of total imports. The second position in the ranking was held by calculating machines; electronic, incorporating a printing device, needing an external source of power ($653K), with a 13% share of total imports.
Import Prices by Country
In July 2023, the calculator price stood at $4.2 per unit (CIF, US), declining by -28.6% against the previous month. In general, the import price continues to indicate a perceptible decrease. The pace of growth appeared the most rapid in December 2022 when the average import price increased by 35% month-to-month. Over the period under review, average import prices attained the peak figure at $7.4 per unit in February 2023; however, from March 2023 to July 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Cambodia ($27.1 per unit), while the price for China ($1.8 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Cambodia (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.
This report provides an in-depth analysis of the calculator market in the U.S.. 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:
- United States
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in the U.S.
- 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
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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.
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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
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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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
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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
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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
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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
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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
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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
