U.S.: Calculator Market 2022

Calculator Market Size in the U.S.

For the third consecutive year, the U.S. calculator market recorded decline in sales value, which decreased by -13.8% to $X in 2021. Over the period under review, consumption recorded a abrupt setback. The growth pace was the most rapid in 2018 when the market value increased by 1.2%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from the U.S.

Calculator exports from the United States declined to X units in 2021, dropping by -11.9% on the previous year's figure. In general, exports showed a deep contraction. The pace of growth appeared the most rapid in 2018 with an increase of 14%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, calculator exports fell rapidly to $X in 2021. Over the period under review, exports recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 with an increase of 10% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for calculator exports from the United States, with a 74% share of total exports. Moreover, calculator exports to Canada exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. The third position in this ranking was held by the United Arab Emirates (X units), with a 2.7% share.

From 2012 to 2021, the average annual growth rate of volume to Canada stood at -3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.8% per year) and the United Arab Emirates (+0.4% per year).

In value terms, Canada ($X) remains the key foreign market for calculator exports from the United States, comprising 59% of total exports. The second position in the ranking was held by Germany ($X), with a 3.4% share of total exports. It was followed by Mexico, with a 2.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Canada stood at -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-11.7% per year) and Mexico (-22.9% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, shrinking by -3.8% against the previous year. Over the period under review, the export price showed a abrupt downturn. The growth pace was the most rapid in 2014 when the average export price increased by 9.1%. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Brazil ($X per unit), while the average price for exports to the United Arab Emirates ($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 Brazil (+10.7%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into the U.S.

Calculator imports into the United States declined notably to X units in 2021, dropping by -28.6% on the previous year's figure. Over the period under review, imports faced a deep reduction. The smallest decline of -0.4% was in 2018. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports declined to $X in 2021. In general, imports showed a abrupt contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 2.4%. 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

China (X units), the Philippines (X units) and Thailand (X units) were the main suppliers of calculator imports to the United States, with a combined 94% share of total imports. Cambodia lagged somewhat behind, comprising a further 3%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Cambodia (with a CAGR of +670.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Philippines ($X) constituted the largest supplier of calculator to the United States, comprising 51% of total imports. The second position in the ranking was held by China ($X), with a 19% share of total imports. It was followed by Thailand, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Philippines totaled +99.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-23.1% per year) and Thailand (+11.4% per year).

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, surging by 32% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +4.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+7.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

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