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 PricingSkyrocketing $6.7M Calculator Imports Flood the United States in November 2023
U.S. Calculator Imports
Calculator imports into the United States skyrocketed to 1.3M units in November 2023, with an increase of 33% on the previous month. Overall, imports, however, continue to indicate a noticeable decrease. The pace of growth was the most pronounced in March 2023 with an increase of 146% m-o-m. Imports peaked at 3M units in May 2023; however, from June 2023 to November 2023, imports failed to regain momentum.
In value terms, calculator imports skyrocketed to $6.7M (IndexBox estimates) in November 2023. In general, imports, however, recorded a perceptible shrinkage. The most prominent rate of growth was recorded in March 2023 with an increase of 133% against the previous month. As a result, imports reached the peak of $19M. From April 2023 to November 2023, the growth of imports remained at a lower figure.
| COUNTRY | Import Value of Calculator in U.S. (million USD) | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Nov 2022 | Dec 2022 | Jan 2023 | Feb 2023 | Mar 2023 | Apr 2023 | May 2023 | Jun 2023 | Jul 2023 | Aug 2023 | Sep 2023 | Oct 2023 | Nov 2023 | |
| Philippines | 5.1 | 6.5 | 6.7 | 2.8 | 12.9 | 8.7 | 10.7 | 9.6 | 1.0 | 5.4 | 4.8 | 1.7 | 2.2 |
| China | 1.7 | 1.9 | 1.3 | 1.2 | 1.3 | 1.3 | 1.7 | 1.4 | 1.6 | 1.0 | 1.6 | 1.3 | 1.2 |
| Thailand | 0.5 | 1.2 | 0.8 | 1.9 | 1.2 | 0.9 | 1.8 | 0.6 | 0.8 | 0.8 | 0.5 | 0.3 | 0.6 |
| Cambodia | 0.6 | 0.7 | 0.7 | 0.4 | 0.4 | 0.2 | 0.6 | 0.2 | 0.1 | 0.3 | 0.2 | 0.2 | 0.3 |
| Others | 1.3 | 2.5 | 1.9 | 1.9 | 3.5 | 3.8 | 0.8 | 2.7 | 1.4 | 2.9 | 1.8 | 2.0 | 2.3 |
| Total | 9.2 | 12.8 | 11.4 | 8.2 | 19.2 | 15.0 | 15.6 | 14.5 | 4.9 | 10.4 | 9.0 | 5.5 | 6.7 |
Imports by Country
China (623K units), the Philippines (454K units) and Thailand (108K units) were the main suppliers of calculator imports to the United States, together accounting for 91% of total imports. Cambodia lagged somewhat behind, comprising a further 6.2%.
From November 2022 to November 2023, the biggest increases were in Cambodia (with a CAGR of +10.3%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest calculator suppliers to the United States were the Philippines ($2.2M), China ($1.2M) and Thailand ($607K), together comprising 60% of total imports.
Thailand, with a CAGR of +0.9%, 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 November 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, accounting for a 92% share of total imports. Moreover, calculators; electronic, capable of operation without an external source of electric power exceeded the figures recorded for the second-largest type, calculating machines; electronic, incorporating a printing device, needing an external source of power (69K units), more than tenfold.
From November 2022 to November 2023, the average monthly rate of growth in terms of the volume of import of calculators; electronic, capable of operation without an external source of electric power stood at -2.5%. 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 (-2.3% per month) and calculating machines; electronic, (not incorporating a printing device), needing an external power source (+5.9% per month).
In value terms, the most traded types of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the United States were calculators; electronic, capable of operation without an external source of electric power ($3.6M), calculating machines; electronic, incorporating a printing device, needing an external source of power ($3M) and calculating machines; electronic, (not incorporating a printing device), needing an external power source ($83K), together comprising 99.9% of total imports.
Import Prices by Country
In November 2023, the calculator price stood at $5.1 per unit (CIF, US), declining by -9.3% against the previous month. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in September 2023 an increase of 48% m-o-m. As a result, import price attained the peak level of $9,170 per thousand units. From October 2023 to November 2023, the average import prices remained at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Thailand ($5.6 per unit), while the price for China ($1.9 per unit) was amongst the lowest.
From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Thailand (+1.7%), while the prices for the other major suppliers experienced a decline.
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
