Finland: Calculator Market Overview 2021

Calculator Market Size in Finland

In 2020, the Finnish calculator market was finally on the rise to reach $X after four years of decline. Overall, consumption, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2011 when the market value increased by X% year-to-year. As a result, consumption attained the peak level of $X. From 2012 to 2020, the growth of the market remained at a lower figure.

Calculator Exports

Exports from Finland

In 2020, overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by X% to X units for the first time since 2017, thus ending a two-year declining trend. Over the period under review, exports, however, saw a abrupt downturn. Exports peaked at X units in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

In value terms, calculator exports surged to $X in 2020. In general, exports, however, continue to indicate a abrupt decline. The growth pace was the most rapid in 2016 with an increase of X% y-o-y. Exports peaked at $X in 2010; however, from 2011 to 2020, exports failed to regain the momentum.

Exports by Country

Estonia (X units) was the main destination for calculator exports from Finland, accounting for a X% share of total exports. Moreover, calculator exports to Estonia exceeded the volume sent to the second major destination, Norway (X units), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Estonia amounted to +X%.

In value terms, Estonia ($X) remains the key foreign market for calculator exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Norway ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Estonia totaled -X%.

Export Prices by Country

The average calculator export price stood at $X per unit in 2020, reducing by -X% against the previous year. In general, the export price saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% y-o-y. As a result, export price attained the peak level of $X per unit. From 2017 to 2020, the growth in terms of the average export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Norway ($X per unit), while the average price for exports to Estonia totaled $X per unit.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Estonia.

Calculator Imports

Imports into Finland

In 2020, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions was finally on the rise to reach X units for the first time since 2013, thus ending a six-year declining trend. In general, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2012 to 2020, the growth imports failed to regain the momentum.

In value terms, calculator imports soared to $X in 2020. Overall, imports, however, continue to indicate a abrupt descent. Imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

Germany (X units), China (X units) and Sweden (X units) were the main suppliers of calculator imports to Finland, together comprising X% of total imports. Denmark, France, the Philippines and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in France, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of calculator to Finland, comprising X% of total imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual growth rate of value from China totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2020, reducing by -X% against the previous year. In general, the import price saw a abrupt slump. The pace of growth appeared the most rapid in 2012 when the average import price increased by X% y-o-y. Over the period under review, average import prices attained the maximum at $X per unit in 2007; however, from 2008 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was China ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by the Philippines, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the world?

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The country with the largest volume of calculator consumption was China (363M units), accounting for 64% of total volume. Moreover, calculator consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (23M units), more than tenfold. Brazil (18M units) ranked third in terms of total consumption with a 3.3% share.

What are the largest producers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the world?

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China (488M units) constituted the country with the largest volume of calculator production, accounting for 91% of total volume. Moreover, calculator production in China exceeded the figures recorded by the second-largest producer, Thailand (18M units), more than tenfold. The third position in this ranking was occupied by the Philippines (17M units), with a 3.1% share.

What are the leading suppliers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Finland?

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In value terms, China ($230K) constituted the largest supplier of calculator to Finland, comprising 45% of total imports. The second position in the ranking was occupied by Sweden ($80K), with a 16% share of total imports. It was followed by Germany, with a 15% share.

What are the leading importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions from Finland?

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In value terms, Estonia ($11K) remains the key foreign market for calculator exports from Finland, comprising 78% of total exports. The second position in the ranking was occupied by Norway ($1.6K), with a 11% share of total exports.

What is the average export price for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in Finland?

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In 2020, the average calculator export price amounted to $3.4 per unit, waning by -66.5% against the previous year.

What is the average import price for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in Finland?

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The average calculator import price stood at $2.1 per unit in 2020, reducing by -9.6% against the previous year.