Japan: Calculator Market 2022

Calculator Market Size in Japan

In 2021, the Japanese calculator market increased by 1% to $X for the first time since 2016, thus ending a four-year declining trend. Overall, consumption, however, recorded a deep slump. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market failed to regain momentum.

Calculator Exports

Exports from Japan

In 2021, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exported from Japan skyrocketed to X units, increasing by 397% against the previous year's figure. Overall, exports posted a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, calculator exports surged to $X in 2021. In general, exports saw a significant increase. The pace of growth was the most pronounced in 2015 when exports increased by 167% against the previous year. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for calculator exports from Japan, with a 90% share of total exports. Moreover, calculator exports to the UK exceeded the volume sent to the second major destination, Germany (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to the UK totaled +373.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+48.0% per year) and Singapore (+129.0% per year).

In value terms, the largest markets for calculator exported from Japan were the UK ($X), Singapore ($X) and Germany ($X), with a combined 93% share of total exports.

The UK, with a CAGR of +224.4%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, which is down by -73.4% against the previous year. In general, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2013 when the average export price increased by 89%. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Singapore ($X per unit), while the average price for exports to the UK ($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 Singapore (+9.3%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into Japan

In 2021, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported into Japan; rising by 15% against the year before. Over the period under review, imports, however, continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2019 when imports increased by 22%. Imports peaked at X units in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, calculator imports expanded modestly to $X in 2021. Overall, imports, however, showed a deep reduction. The most prominent rate of growth was recorded in 2016 when imports increased by 71%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calculator to Japan, accounting for a 86% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), sixfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -3.1%.

In value terms, China ($X) constituted the largest supplier of calculator to Japan, comprising 81% of total imports. The second position in the ranking was held by the Philippines ($X), with a 17% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at -4.9%.

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, declining by -9% against the previous year. Over the period under review, the import price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 60% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the country with the highest price was the Philippines ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (-1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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