Pakistan: Calculator Market 2022

Calculator Market Size in Pakistan

In 2021, after two years of decline, there was significant growth in the Pakistani calculator market, when its value increased by 17% to $X. Overall, consumption recorded a abrupt descent. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Calculator Exports

Exports from Pakistan

In 2021, exports of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions from Pakistan skyrocketed to X units, picking up by 1,200% compared with the year before. Over the period under review, exports enjoyed mild growth. The exports peaked at X units in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, calculator exports skyrocketed to $X in 2021. In general, exports showed significant growth. Over the period under review, the exports attained the maximum at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units) was the main destination for calculator exports from Pakistan, accounting for a 96% 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), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to the United Arab Emirates was relatively modest.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for calculator exports from Pakistan, comprising 99% of total exports. The second position in the ranking was held by Malawi ($X), with a 0.9% share of total exports.

From 2012 to 2021, the average annual growth rate 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 (-24.4% per year) and South Africa (+32.0% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, rising by 161% against the previous year. In general, the export price recorded a significant increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to South Africa totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Malawi (+40.2%).

Calculator Imports

Imports into Pakistan

In 2021, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -7.9% to X units, falling for the third year in a row after two years of growth. Overall, imports recorded a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 72% against the previous year. Over the period under review, imports reached the maximum at X units in 2015; however, from 2016 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports skyrocketed to $X in 2021. In general, imports showed a abrupt slump. The growth pace was the most rapid in 2015 with an increase of 66% against the previous year. As a result, imports reached the peak of $X. From 2016 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 Pakistan, accounting for a 81% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled -18.7%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+61.8% per year) and the Philippines (+56.8% per year).

In value terms, China ($X) constituted the largest supplier of calculator to Pakistan, comprising 84% of total imports. The second position in the ranking was held by South Korea ($X), with a 13% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+99.5% per year) and the Philippines (+78.1% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, surging by 36% against the previous year. Over the period under review, the import price recorded a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 64%. The import price peaked in 2021 and is likely to see steady growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Philippines ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by South Korea (+23.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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