Greece: Calculator Market 2022

Calculator Market Size in Greece

The Greek calculator market declined slightly to $X in 2021, with a decrease of -2.3% 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). Overall, consumption, however, recorded a noticeable decrease. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Calculator Exports

Exports from Greece

In 2021, calculator exports from Greece surged to X units, with an increase of 19% compared with the previous year. In general, exports enjoyed buoyant growth. The growth pace was the most rapid in 2018 with an increase of 1,023%. The exports peaked at X units in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

In value terms, calculator exports surged to $X in 2021. Over the period under review, exports saw a buoyant increase. The pace of growth appeared the most rapid in 2018 when exports increased by 552%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Bulgaria (X units) was the main destination for calculator exports from Greece, with a 54% share of total exports. Moreover, calculator exports to Bulgaria exceeded the volume sent to the second major destination, Cyprus (X units), threefold. Poland (X units) ranked third in terms of total exports with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Bulgaria amounted to +25.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (+7.0% per year) and Poland (+221.4% per year).

In value terms, Bulgaria ($X) emerged as the key foreign market for calculator exports from Greece, comprising 73% of total exports. The second position in the ranking was taken by Cyprus ($X), with an 8.2% share of total exports. It was followed by Poland, with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Bulgaria amounted to +42.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Cyprus (-1.2% per year) and Poland (+40.4% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, rising by 173% against the previous year. In general, the export price, however, showed a deep slump. Over the period under review, the average export prices reached the maximum at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Bulgaria ($X per unit), while the average price for exports to Hungary ($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 Bulgaria (+13.2%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into Greece

Calculator imports into Greece reached X units in 2021, surging by 4.1% compared with the previous year. In general, imports, however, continue to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by 64%. As a result, imports attained the peak of X units. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calculator imports fell to $X in 2021. Over the period under review, imports posted a remarkable increase. The pace of growth was the most pronounced in 2015 with an increase of 402% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest calculator supplier to Greece, with a 42% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-6.5% per year) and the Netherlands (+15.4% per year).

In value terms, Finland ($X) constituted the largest supplier of calculator to Greece, comprising 34% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Bulgaria, with a 15% share.

From 2012 to 2021, the average annual growth rate of value from Finland totaled -8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-3.9% per year) and Bulgaria (+22.9% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, falling by -13.1% against the previous year. In general, the import price, however, enjoyed resilient growth. The pace of growth appeared the most rapid in 2015 an increase of 339% against the previous year. As a result, import price reached the peak level of $X per unit. From 2016 to 2021, the average import prices remained 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 Finland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+28.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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