EU: Calculator Market 2023

Calculator Market Size in the EU

In 2021, the EU calculator market was finally on the rise to reach $X after five years of decline. Overall, consumption, however, recorded a mild curtailment. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Calculator Production in the EU

In value terms, calculator production fell remarkably to $X in 2021 estimated in export price. In general, production showed a significant increase. The level of production peaked at $X in 2020, and then shrank rapidly in the following year.

Calculator Exports

Exports in the EU

In 2021, overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by 18% to X units, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a slight slump. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calculator exports expanded significantly to $X in 2021. Total exports indicated a buoyant expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +64.9% against 2012 indices. The pace of growth appeared the most rapid in 2015 when exports increased by 13% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Exports by Country

The Netherlands was the main exporter of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the European Union, with the volume of exports reaching X units, which was near 51% of total exports in 2021. Germany (X units) ranks second in terms of the total exports with a 22% share, followed by Poland (5.1%) and the Czech Republic (4.9%). Spain (X units), France (X units) and Hungary (X units) took a relatively small share of total exports.

Exports from the Netherlands increased at an average annual rate of +16.2% from 2012 to 2021. At the same time, Poland (+17.0%) and Hungary (+15.9%) displayed positive paces of growth. Moreover, Poland emerged as the fastest-growing exporter exported in the European Union, with a CAGR of +17.0% from 2012-2021. Spain and France experienced a relatively flat trend pattern. By contrast, Germany (-11.5%) and the Czech Republic (-11.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of the Netherlands and Poland increased by +40 and +4 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest calculator supplying countries in the European Union were the Netherlands ($X), Germany ($X) and the Czech Republic ($X), with a combined 72% share of total exports. Poland, France, Spain and Hungary lagged somewhat behind, together comprising a further 11%.

In terms of the main exporting countries, Poland, with a CAGR of +26.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in the European Union stood at $X per unit in 2021, falling by -5.5% against the previous year. Export price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 an increase of 35% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2020, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the other leaders experienced more modest paces of growth.

Calculator Imports

Imports in the EU

In 2021, overseas purchases of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were finally on the rise to reach X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, imports, however, saw a pronounced decline. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports rose significantly to $X in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 11% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, Germany (X units), the Netherlands (X units) and France (X units) was the largest importer of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the European Union, generating 57% of total import. Poland (X units) took the next position in the ranking, followed by Hungary (X units), the Czech Republic (X units), Spain (X units) and Italy (X units). All these countries together took near 30% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Hungary (with a CAGR of +20.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calculator importing markets in the European Union were Germany ($X), France ($X) and the Netherlands ($X), together comprising 67% of total imports. Poland, the Czech Republic, Italy, Spain and Hungary lagged somewhat behind, together accounting for a further 20%.

In terms of the main importing countries, Hungary, with a CAGR of +19.2%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in the European Union stood at $X per unit in 2021, approximately reflecting the previous year. Over the last nine years, it increased at an average annual rate of +4.4%. The growth pace was the most rapid in 2018 when the import price increased by 14%. The level of import peaked in 2021 and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was France ($X per unit), while Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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