Latin America and the Caribbean: Calculator Market 2024

Calculator Market Size in Latin America and the Caribbean

In 2022, the Latin American calculator market increased by X% to $X, rising for the second consecutive year after three years of decline. Overall, consumption, however, continues to indicate a drastic downturn. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Calculator Production in Latin America and the Caribbean

In value terms, calculator production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a significant expansion. The pace of growth appeared the most rapid in 2013 with an increase of X,266,000%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Calculator Exports

Exports in Latin America and the Caribbean

In 2022, exports of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in Latin America and the Caribbean soared to X units, jumping by X% on the previous year. In general, exports, however, recorded a deep slump. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, calculator exports surged to $X in 2022. Overall, exports, however, continue to indicate a drastic downturn. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Panama was the major exporting country with an export of around X units, which recorded X% of total exports. It was distantly followed by Paraguay (X units), mixing up a X% share of total exports. The following exporters - Chile (X units), Brazil (X units), Colombia (X units) and Mexico (X units) - together made up X% of total exports.

From 2012 to 2022, average annual rates of growth with regard to calculator exports from Panama stood at X%. At the same time, Paraguay (X%), Brazil (X%), Colombia (X%) and Chile (X%) displayed positive paces of growth. Moreover, Paraguay emerged as the fastest-growing exporter exported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Mexico (X%) illustrated a downward trend over the same period. While the share of Paraguay (X p.p.), Brazil (X p.p.), Chile (X p.p.) and Colombia (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Panama (X p.p.) and Mexico (X p.p.) displayed negative dynamics.

In value terms, Panama ($X) emerged as the largest calculator supplier in Latin America and the Caribbean, comprising X% of total exports. The second position in the ranking was taken by Paraguay ($X), with an X% share of total exports. It was followed by Chile, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value in Panama amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Paraguay (X% per year) and Chile (X% per year).

Export Prices by Country

The export price in Latin America and the Caribbean stood at $X per unit in 2022, picking up by X% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. Over the period under review, the export prices reached the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Colombia ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced mixed trends in the export price figures.

Calculator Imports

Imports in Latin America and the Caribbean

In 2022, purchases abroad 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 three years of decline. In general, imports, however, recorded a abrupt decrease. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, calculator imports soared to $X in 2022. Overall, imports, however, recorded a abrupt decline. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Brazil (X units) was the key importer of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, committing X% of total imports. Mexico (X units) ranks second in terms of the total imports with a X% share, followed by Colombia (X%) and Chile (X%). The following importers - Argentina (X units), Ecuador (X units) and Peru (X units) - together made up X% of total imports.

Imports into Brazil decreased at an average annual rate of X% from 2012 to 2022. At the same time, Ecuador (X%) and Chile (X%) displayed positive paces of growth. Moreover, Ecuador emerged as the fastest-growing importer imported in Latin America and the Caribbean, with a CAGR of X% from 2012-2022. By contrast, Argentina (X%), Colombia (X%), Peru (X%) and Mexico (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Brazil, Chile and Ecuador increased by X, X and X percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X), Brazil ($X) and Chile ($X) appeared to be the countries with the highest levels of imports in 2022, together accounting for X% of total imports. Colombia, Ecuador, Peru and Argentina lagged somewhat behind, together comprising a further X%.

Ecuador, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Latin America and the Caribbean stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the import price saw a mild descent. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Ecuador ($X per unit), while Brazil ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Colombia (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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