Sweden: Calculator Market 2022

Calculator Market Size in Sweden

In 2021, the Swedish calculator market increased by 1.2% to $X, rising for the second consecutive year after five years of decline. Overall, consumption showed a abrupt downturn. Calculator consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Sweden

In 2021, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exported from Sweden surged to X units, with an increase of 24% against the previous year's figure. Overall, exports enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 154% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

In value terms, calculator exports soared to $X in 2021. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 63%. The exports peaked in 2021 and are likely to see gradual growth in the immediate term.

Exports by Country

Denmark (X units) was the main destination for calculator exports from Sweden, accounting for a 73% share of total exports. Moreover, calculator exports to Denmark exceeded the volume sent to the second major destination, Norway (X units), fourfold.

From 2012 to 2021, the average annual growth rate of volume to Denmark amounted to +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+5.6% per year) and Finland (-12.3% per year).

In value terms, Denmark ($X), Norway ($X) and Finland ($X) constituted the largest markets for calculator exported from Sweden worldwide, together accounting for 97% of total exports.

Denmark, with a CAGR of +12.3%, recorded 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 a decline.

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, picking up by 4% against the previous year. Over the period under review, the export price, however, saw a deep slump. The pace of growth appeared the most rapid in 2017 when the average export price increased by 39% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2018 to 2021, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Finland ($X per unit), while the average price for exports to Denmark ($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 Finland (+11.3%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into Sweden

In 2021, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported into Sweden; surging by 3.2% against 2020 figures. Overall, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 109%. Over the period under review, imports attained the peak figure in 2021 and are likely to see gradual growth in the immediate term.

In value terms, calculator imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a perceptible contraction. The growth pace was the most rapid in 2020 with an increase of 111% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

The Netherlands (X units), Germany (X units) and China (X units) were the main suppliers of calculator imports to Sweden, with a combined 93% share of total imports. The Czech Republic, Denmark and France lagged somewhat behind, together comprising a further 4.8%.

From 2012 to 2021, the biggest increases were in the Czech Republic (with a CAGR of +14.0%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the Netherlands ($X) constituted the largest supplier of calculator to Sweden, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 26% share of total imports. It was followed by China, with an 8.2% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-4.7% per year) and China (+0.7% per year).

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, picking up by 15% against the previous year. In general, the import price, however, showed a pronounced decline. The pace of growth was the most pronounced in 2019 when the average import price increased by 30%. Over the period under review, average import prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform

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