Ireland: Calculator Market 2022

Calculator Market Size in Ireland

The Irish calculator market dropped significantly to $X in 2021, with a decrease of -42.3% 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). Over the period under review, consumption continues to indicate a perceptible reduction. Calculator consumption peaked at $X in 2020, and then contracted notably in the following year.

Calculator Exports

Exports from Ireland

In 2021, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were exported from Ireland; with a decrease of -40.2% on the previous year's figure. In general, exports faced a precipitous curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by 73% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calculator exports shrank markedly to $X in 2021. Over the period under review, exports recorded a dramatic slump. The pace of growth appeared the most rapid in 2013 when exports increased by 139% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The UK (X units) was the main destination for calculator exports from Ireland, with a 88% share of total exports. It was followed by France (X units), with a 2.9% share of total exports. Spain (X units) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled -23.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-46.0% per year) and Spain (-22.7% per year).

In value terms, the UK ($X) remains the key foreign market for calculator exports from Ireland, comprising 79% of total exports. The second position in the ranking was taken by Spain ($X), with a 6% share of total exports. It was followed by Italy, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to -31.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-14.3% per year) and Italy (-36.4% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, reducing by -58.9% against the previous year. In general, the export price saw a pronounced descent. The pace of growth appeared the most rapid in 2013 when the average export price increased by 174%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the the average export prices remained at a lower figure.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per unit), while the average price for exports to the United States ($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 Spain (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Ireland

In 2021, calculator imports into Ireland dropped dramatically to X units, which is down by -48.4% on the previous year's figure. Over the period under review, imports faced a abrupt contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 64%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports contracted markedly to $X in 2021. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2018 when imports increased by 38%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calculator to Ireland, accounting for a 60% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the UK (X units), fivefold. The third position in this ranking was taken by Japan (X units), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-29.3% per year) and Japan (+184.9% per year).

In value terms, China ($X) constituted the largest supplier of calculator to Ireland, comprising 51% of total imports. The second position in the ranking was held by Japan ($X), with a 13% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+199.5% per year) and the UK (-26.6% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, rising by 24% against the previous year. Over the period under review, import price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calculator import price decreased by -13.4% against 2019 indices. The pace of growth was the most pronounced in 2016 an increase of 45%. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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