Hungary: Calculator Market Overview 2020

Calculator Market Size in Hungary

The revenue of the calculator market in Hungary amounted to $X in 2018, falling by -X% 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, calculator consumption, however, continues to indicate notable growth. The most prominent rate of growth was recorded in 2013 when the market value increased by X% y-o-y. Calculator consumption peaked at $X in 2017, and then declined slightly in the following year.

Calculator Exports

Exports from Hungary

In 2018, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exported from Hungary amounted to X units, going up by X% against the previous year. Overall, calculator exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. In that year, calculator exports attained their peak of X units. From 2017 to 2018, the growth of calculator exports remained at a lower figure.

In value terms, calculator exports stood at $X in 2018. In general, calculator exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. In that year, calculator exports reached their peak of $X. From 2017 to 2018, the growth of calculator exports failed to regain its momentum.

Exports by Country

Poland (X units), Slovakia (X units) and Italy (X units) were the main destinations of calculator exports from Hungary, together comprising X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

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

From 2007 to 2018, the average annual growth rate of value to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Croatia (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average calculator export price amounted to $X per unit, coming down by -X% against the previous year. Over the period under review, the calculator export price, however, continues to indicate mild growth. The pace of growth appeared the most rapid in 2016 when the average export price increased by X% y-o-y. In that year, the average export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level of $X per unit. From 2017 to 2018, the growth in terms of the average export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+X% per year), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Hungary

In 2018, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported into Hungary; growing by X% against the previous year. Over the period under review, calculator imports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. Imports peaked in 2018 and are likely to see steady growth in the near future.

In value terms, calculator imports stood at $X in 2018. In general, calculator imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X% against the previous year. Over the period under review, calculator imports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Imports by Country

In 2018, China (X units) constituted the largest supplier of calculator to Hungary, accounting for a X% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), threefold. Austria (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Austria (+X% per year).

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

From 2007 to 2018, the average annual rate of growth in terms of value from Germany totaled +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

The average calculator import price stood at $X per unit in 2018, dropping by -X% against the previous year. In general, the calculator import price, however, continues to indicate strong growth. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. In that year, the average import prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level of $X per unit, and then declined slightly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform