Estonia: Calculator Market 2020

Calculator Market Size in Estonia

The revenue of the calculator market in Estonia amounted to $X in 2018, surging by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, calculator consumption, however, continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2016 when the market value increased by X% against the previous year. In that year, the calculator market attained its peak level of $X. From 2017 to 2018, the growth of the calculator market remained at a lower figure.

Calculator Exports

Exports from Estonia

In 2018, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exported from Estonia totaled X units, going down by -X% against the previous year. Overall, calculator exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2016 when exports increased by X% year-to-year. In that year, calculator exports attained their peak of X units. From 2017 to 2018, the growth of calculator exports remained at a lower figure.

In value terms, calculator exports stood at $X in 2018. In general, calculator exports, however, continue to indicate a measured increase. The growth pace was the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, calculator exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

China dominates calculator exports structure, amounting to X units, which was near X% of total exports in 2018. The Philippines (X units) occupied the second position in the ranking, followed by China, Hong Kong SAR (X units). All these countries together occupied approx. X% share of total exports. The following exporters - the Netherlands (X units) and Germany (X units) - each accounted for a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to calculator exports from China stood at -X%. At the same time, the Philippines (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of the Philippines (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest calculator supplier from Estonia, comprising X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, calculator exports declined by an average annual rate of -X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the calculator export price in Estonia amounted to $X per unit, waning by -X% against the previous year. In general, the calculator export price continues to indicate a deep curtailment. The pace of growth was the most pronounced in 2008 when the export price increased by X% year-to-year. In that year, the export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level of $X per unit. From 2009 to 2018, the growth in terms of the export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Calculator Imports

Imports into Estonia

Calculator imports into Estonia totaled X units in 2018, lowering by -X% against the previous year. Overall, calculator imports continue to indicate a drastic decline. The pace of growth was the most pronounced in 2016 when imports increased by X% y-o-y. In that year, calculator imports reached their peak of X units. From 2017 to 2018, the growth of calculator imports remained at a lower figure.

In value terms, calculator imports amounted to $X in 2018. Overall, calculator imports continue to indicate a strong increase. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. In that year, calculator imports attained their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X units), followed by China, Hong Kong SAR (X units), Mexico (X units) and Germany (X units) represented the key importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, together mixing up X% of total imports. Japan (X units), China (X units), India (X units), Nigeria (X units), the Netherlands (X units), Brazil (X units), the UK (X units) and South Africa (X units) held a relatively small share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria, while the other leaders experienced mixed trends in the imports figures.

In value terms, the U.S. ($X), Germany ($X) and China, Hong Kong SAR ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Japan, the UK, India, the Netherlands, Mexico, South Africa, China, Brazil, Nigeria and Estonia, which together accounted for a further X the main importing countries, India recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The calculator import price in Estonia stood at $X per unit in 2018, growing by X% against the previous year. Over the period under review, the calculator import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2018 when the import price increased by X% y-o-y. In that year, the import prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform