Saudi Arabia: Calculator Market 2022

Calculator Market Size in Saudi Arabia

The Saudi calculator market fell dramatically to $X in 2021, which is down by -23.3% 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). In general, consumption showed a abrupt descent. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Calculator Exports

Exports from Saudi Arabia

In 2021, exports of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions from Saudi Arabia contracted significantly to X units, shrinking by -86.2% against the previous year. In general, exports recorded a significant contraction. The pace of growth appeared the most rapid in 2013 with an increase of 57%. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, calculator exports reduced dramatically to $X in 2021. Overall, exports continue to indicate a deep reduction. The pace of growth appeared the most rapid in 2017 with an increase of 257%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), Sudan (X units) and Iraq (X units) were the main destinations of calculator exports from Saudi Arabia, with a combined 88% share of total exports. These countries were followed by the Netherlands, Bahrain and Jordan, which together accounted for a further 12%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +46.9%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for calculator exported from Saudi Arabia were Jordan ($X), the United Arab Emirates ($X) and Bahrain ($X), with a combined 96% share of total exports. Iraq, the Netherlands and Sudan lagged somewhat behind, together comprising a further 3.9%.

The Netherlands, with a CAGR of +45.0%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, growing by 369% against the previous year. Overall, the export price continues to indicate strong growth. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was Jordan ($X per unit), while the average price for exports to Sudan ($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 India (+5,723.5%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Saudi Arabia

In 2021, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -26.6% to X units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep reduction. The pace of growth appeared the most rapid in 2019 when imports increased by 119% against the previous year. As a result, imports reached the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, calculator imports declined to $X in 2021. In general, imports showed a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by 86%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Thailand (X units) and the Philippines (X units) were the main suppliers of calculator imports to Saudi Arabia, with a combined 95% share of total imports.

From 2012 to 2021, the biggest increases were in the Philippines (with a CAGR of +64.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Thailand ($X), China ($X) and the Philippines ($X) appeared to be the largest calculator suppliers to Saudi Arabia, with a combined 94% share of total imports.

In terms of the main suppliers, Thailand, with a CAGR of +32.0%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, growing by 18% against the previous year. In general, the import price, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2016 when the average import price increased by 157% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Thailand ($X per unit) and Taiwan (Chinese) ($X per unit), while the price for China ($X per unit) and the United Arab Emirates ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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