Puerto Rico: Calculator Market 2024

Calculator Market Size in Puerto Rico

The Puerto Rican calculator market stood at less than $X in 2021, remaining stable 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 showed a relatively flat trend pattern.

Calculator Exports

Exports from Puerto Rico

In 2021, approx. less than X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were exported from Puerto Rico; leveling off at the previous year. Overall, exports recorded a relatively flat trend pattern.

In value terms, calculator exports totaled less than $X in 2021. Over the period under review, exports continue to indicate a relatively flat trend pattern.

Exports by Country

In 2021, China (X units) was the main exporter of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, creating 64% of total exports. The Philippines (X units) ranks second in terms of the total exports with an 11% share, followed by the Netherlands (5.9%), Hong Kong SAR (5.3%) and Thailand (4.9%). The following exporters - Germany (X units) and Singapore (X units) - together made up 3.6% of total exports.

From 2012 to 2021, average annual rates of growth with regard to calculator exports from China stood at -9.5%. At the same time, Thailand (+96.7%), the Philippines (+30.7%) and the Netherlands (+16.2%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in the world, with a CAGR of +96.7% from 2012-2021. By contrast, Singapore (-7.2%), Germany (-11.5%) and Hong Kong SAR (-13.8%) illustrated a downward trend over the same period. The Philippines (+11 p.p.), the Netherlands (+5.1 p.p.) and Thailand (+4.9 p.p.) significantly strengthened its position in terms of the global exports, while Hong Kong SAR and China saw its share reduced by -5.1% and -15.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest calculator supplier from Puerto Rico, comprising 37% of global exports. The second position in the ranking was held by the Philippines ($X), with a 12% share of global exports. It was followed by the Netherlands, with a 12% share.

In China, calculator exports decreased by an average annual rate of -8.3% over the period from 2012-2021. In the other countries, the average annual rates were as follows: the Philippines (-0.5% per year) and the Netherlands (+19.0% per year).

Export Prices by Country

In 2021, the export price in Puerto Rico amounted to less than $X per thousand units, stabilizing at the previous year. In general, the export price saw a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+12.7%), while the other leaders experienced more modest paces of growth.

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Calculator Imports

Imports into Puerto Rico

In 2021, approx. less than X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported into Puerto Rico; almost unchanged from 2020. Overall, imports recorded a relatively flat trend pattern.

In value terms, calculator imports stood at less than $X in 2021. In general, imports saw a relatively flat trend pattern.

Imports by Country

In 2021, the United States (X units), followed by Hong Kong SAR (X units), China (X units), Brazil (X units) and Germany (X units) were the largest importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, together committing 36% of total imports. The Netherlands (X units), India (X units), the UK (X units), Japan (X units), France (X units), Mexico (X units), Russia (X units) and Thailand (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by China (with a CAGR of +89.0%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest calculator importing markets into Puerto Rico were the United States ($X), Germany ($X) and France ($X), with a combined 33% share of total imports. These countries were followed by Hong Kong SAR, the Netherlands, China, Japan, the UK, India, Russia, Mexico and Brazil, which together accounted for a further 28%.

China, with a CAGR of +49.9%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Puerto Rico amounted to less than $X per thousand units, remaining stable against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per thousand units), while Brazil ($X per thousand units) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+13.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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