Finland: Calculator Market 2022

Calculator Market Size in Finland

In 2021, the Finnish calculator market increased by 142% to $X, rising for the second year in a row after seven years of decline. In general, consumption, however, saw a abrupt decrease. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Finland

Calculator exports from Finland plummeted to X units in 2021, waning by -32.6% compared with 2020. Overall, exports recorded a abrupt curtailment. The growth pace was the most rapid in 2020 when exports increased by 514%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calculator exports shrank remarkably to $X in 2021. In general, exports continue to indicate a deep downturn. The growth pace was the most rapid in 2020 when exports increased by 204% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for calculator exports from Finland, accounting for a 85% share of total exports. Moreover, calculator exports to Estonia exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold. The third position in this ranking was taken by Norway (X units), with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to -4.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+94.3% per year) and Norway (+44.4% per year).

In value terms, Australia ($X) emerged as the key foreign market for calculator exports from Finland, comprising 55% of total exports. The second position in the ranking was taken by Estonia ($X), with a 25% share of total exports. It was followed by Norway, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Australia stood at +41.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (-14.6% per year) and Norway (+97.5% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, waning by -29.6% against the previous year. In general, the export price recorded a abrupt descent. The most prominent rate of growth was recorded in 2019 an increase of 183%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Australia ($X per unit), while the average price for exports to Estonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Australia (+36.2%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into Finland

In 2021, overseas purchases of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by 60% to X units, rising for the second year in a row after six years of decline. In general, imports, however, saw a abrupt shrinkage. Over the period under review, imports reached the maximum at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, calculator imports skyrocketed to $X in 2021. Over the period under review, imports, however, showed a abrupt downturn. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X units) constituted the largest supplier of calculator to Finland, with a 55% share of total imports. Moreover, calculator imports from Germany exceeded the figures recorded by the second-largest supplier, Sweden (X units), threefold. The Czech Republic (X units) ranked third in terms of total imports with a 6.7% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +17.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+36.8% per year) and the Czech Republic (+44.9% per year).

In value terms, Germany ($X) constituted the largest supplier of calculator to Finland, comprising 71% of total imports. The second position in the ranking was taken by Sweden ($X), with a 20% share of total imports. It was followed by the Czech Republic, with a 2.8% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +27.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+26.7% per year) and the Czech Republic (+24.4% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, rising by 108% against the previous year. Over the period under review, the import price, however, showed a mild shrinkage. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for Latvia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+8.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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