Iceland: Calculator Market 2020

Calculator Market Size in Iceland

The revenue of the calculator market in Iceland amounted to $X in 2018, shrinking 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). In general, calculator consumption continues to indicate an abrupt shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. In that year, the calculator market reached its peak level of $X. From 2013 to 2018, the growth of the calculator market remained at a lower figure.

Calculator Exports

Exports from Iceland

In 2018, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were exported from Iceland; falling by -X% against the previous year. Overall, calculator exports continue to indicate a drastic decrease. The pace of growth was the most pronounced in 2008 with an increase of X% year-to-year. In that year, calculator exports attained their peak of X units. From 2009 to 2018, the growth of calculator exports remained at a lower figure.

In value terms, calculator exports amounted to $X in 2018. Overall, calculator exports continue to indicate resilient growth. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. Over the period under review, calculator exports reached their peak figure at $X in 2008; however, from 2009 to 2018, exports stood at a somewhat lower figure.

Exports by Country

China dominates calculator exports structure, amounting to X units, which was near X% of total exports in 2018. The Philippines (X units) ranks second in terms of the total exports with a X% share, followed by China, Hong Kong SAR (X%). The following exporters - the Netherlands (X units) and Germany (X units) - each reached a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to calculator exports from China stood at -X%. At the same time, the Philippines (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. The Philippines (+X p.p.) significantly strengthened its position in terms of the global exports, while China, Hong Kong SAR and China saw its share reduced by -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest calculator supplier from Iceland, comprising X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

In China, calculator exports contracted by an average annual rate of -X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Germany (+X% per year).

Export Prices by Country

The calculator export price in Iceland stood at $X per unit in 2018, jumping by X% against the previous year. In general, the calculator export price continues to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. In that year, the export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level and is likely to continue its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Calculator Imports

Imports into Iceland

Calculator imports into Iceland stood at X units in 2018, declining by -X% against the previous year. In general, calculator imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2012 when imports increased by X% against the previous year. In that year, calculator imports attained their peak of X units. From 2013 to 2018, the growth of calculator imports remained at a lower figure.

In value terms, calculator imports amounted to $X in 2018. Over the period under review, calculator imports continue to indicate a drastic reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, calculator imports attained their peak figure at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X units), followed by China, Hong Kong SAR (X units), Mexico (X units) and Germany (X units) were the major importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, together making up X% of total imports. Japan (X units), China (X units), India (X units), Nigeria (X units), the Netherlands (X units), Brazil (X units), the UK (X units) and South Africa (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria, while the other leaders experienced mixed trends in the imports figures.

In value terms, the U.S. ($X), Germany ($X) and China, Hong Kong SAR ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Japan, the UK, India, the Netherlands, Mexico, South Africa, China, Brazil, Nigeria and Iceland lagged somewhat behind, together comprising a further X terms of the main importing countries, India experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The calculator import price in Iceland stood at $X per unit in 2018, declining by -X% against the previous year. Overall, the calculator import price continues to indicate a slight deduction. The pace of growth was the most pronounced in 2014 when the import price increased by X% y-o-y. Over the period under review, the import prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions attained their maximum at $X per unit in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per unit), while Nigeria ($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 other leaders experienced more modest paces of growth.

Source: IndexBox Platform