Hungary: Calculator Market Overview 2021

Calculator Market Size in Hungary

In 2020, the Hungarian calculator market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption saw a strong increase. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. As a result, consumption reached the peak level of $X. From 2017 to 2020, the growth of the market remained at a lower figure.

Calculator Exports

Exports from Hungary

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, rising for the fourth year in a row after two years of decline. Over the period under review, exports recorded a prominent increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked in 2020 and are expected to retain growth in the immediate term.

In value terms, calculator exports soared to $X in 2020. Overall, exports enjoyed a prominent increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Germany (X units) was the main destination for calculator exports from Hungary, accounting for a X% share of total exports. Moreover, calculator exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), tenfold. The third position in this ranking was occupied by Austria (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Germany stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-X% per year) and Austria (+X% per year).

In value terms, Germany ($X) remains the key foreign market for calculator exports from Hungary, comprising X% of total exports. The second position in the ranking was occupied by Austria ($X), with a X% share of total exports. It was followed by Slovakia, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Germany amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (+X% per year) and Slovakia (+X% per year).

Export Prices by Country

In 2020, the average calculator export price amounted to $X per unit, surging by X% against the previous year. Overall, the export price continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per unit in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Austria ($X per unit), while the average price for exports to Bulgaria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Hungary

In 2020, overseas purchases of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2011 when imports increased by X% y-o-y. Over the period under review, imports reached the maximum in 2020 and are expected to retain growth in the near future.

In value terms, calculator imports contracted to $X in 2020. In general, imports recorded a strong expansion. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, China (X units) constituted the largest calculator supplier to Hungary, accounting for a X% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), more than tenfold. Poland (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and Poland (+X% per year).

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

From 2007 to 2020, the average annual growth rate of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+X% per year) and Austria (+X% per year).

Import Prices by Country

In 2020, the average calculator import price amounted to $X per unit, with a decrease of -X% against the previous year. Overall, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2017 when the average import price increased by X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2018 to 2020, the growth in terms of the average import prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Austria ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Austria, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI 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?

+

The country with the largest volume of calculator consumption was China (363M units), comprising approx. 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?

+

China (488M units) remains the largest calculator producing country worldwide, 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 Philippines (17M units) ranked third in terms of total production 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 Hungary?

+

In value terms, China ($2.7M) constituted the largest supplier of calculator to Hungary, comprising 61% of total imports. The second position in the ranking was occupied by the Czech Republic ($474K), with a 11% share of total imports. It was followed by Austria, with a 8.3% share.

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

+

In value terms, Germany ($533K) remains the key foreign market for calculator exports from Hungary, comprising 55% of total exports. The second position in the ranking was occupied by Austria ($140K), with a 14% share of total exports. It was followed by Slovakia, with a 13% share.

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

+

The average calculator export price stood at $10 per unit in 2020, with an increase of 55% 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 Hungary?

+

The average calculator import price stood at $3.8 per unit in 2020, which is down by -30.6% against the previous year.