Pakistan: Calculator Market 2023

Calculator Market Size in Pakistan

After two years of decline, the Pakistani calculator market increased by 35% to $X in 2021. Overall, consumption continues to indicate pronounced growth. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Pakistan

Calculator exports from Pakistan skyrocketed to X units in 2021, rising by 1,350% compared with the previous year's figure. Over the period under review, exports, however, recorded a sharp curtailment. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

In value terms, calculator exports soared to $X in 2021. Overall, exports, however, saw a abrupt shrinkage. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for calculator exports from Pakistan, accounting for a 86% share of total exports. Moreover, calculator exports to the United Arab Emirates exceeded the volume sent to the second major destination, South Africa (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Africa (+14.7% per year) and Kenya (-34.6% per year).

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Pakistan, comprising 96% of total exports. The second position in the ranking was held by Malawi ($X), with a 2.2% share of total exports. It was followed by South Africa, with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Malawi (-38.9% per year) and South Africa (+26.8% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, picking up by 141% against the previous year. Over the period under review, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2015 an increase of 426% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to South Africa ($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 Malawi (+40.8%), while the prices for the other major destinations experienced mixed trend patterns.

Calculator Imports

Imports into Pakistan

Calculator imports into Pakistan expanded sharply to X units in 2021, picking up by 6.9% compared with the previous year. Overall, imports continue to indicate a modest increase. The pace of growth was the most pronounced in 2017 when imports increased by 122%. Imports peaked at X units in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, calculator imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate a prominent increase. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calculator to Pakistan, with a 68% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, Hong Kong SAR (X units), eightfold. The third position in this ranking was taken by Canada (X units), with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+40.7% per year) and Canada (+12.0% per year).

In value terms, China ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Pakistan, comprising 62% of total imports. The second position in the ranking was held by Hong Kong SAR ($X), with a 17% share of total imports. It was followed by Canada, with a 9.1% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Hong Kong SAR (+66.0% per year) and Canada (+34.8% per year).

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, surging by 42% against the previous year. Over the period under review, the import price enjoyed a strong expansion. The growth pace was the most rapid in 2016 when the average import price increased by 68%. The import price peaked in 2021 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Canada (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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