Global Calculator Market 2023

Calculator Market Size

In 2021, the global calculator market was finally on the rise to reach $X after five years of decline. Over the period under review, consumption continues to indicate a relatively flat trend pattern. Global consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Calculator Production

In value terms, calculator production totaled $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2019 when the production volume increased by 13% against the previous year. Global production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Calculator Exports

Exports

In 2021, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exported worldwide reached X units, picking up by 14% compared with 2020. Over the period under review, exports, however, showed a abrupt curtailment. The global exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, calculator exports expanded sharply to $X in 2021. In general, exports, however, continue to indicate a perceptible setback. Over the period under review, the global exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

China represented the major exporter of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the world, with the volume of exports recording X units, which was approx. 64% of total exports in 2021. The Philippines (X units) took an 11% share (based on physical terms) of total exports, which put it in second place, followed by the Netherlands (5.9%), Hong Kong SAR (5.3%) and Thailand (4.9%). Germany (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of -9.5% from 2012 to 2021. 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, Germany (-11.5%) and Hong Kong SAR (-13.8%) illustrated a downward trend over the same period. While the share of the Philippines (+11 p.p.), the Netherlands (+5.1 p.p.) and Thailand (+4.9 p.p.) increased significantly in terms of the global exports from 2012-2021, the share of Hong Kong SAR (-5.1 p.p.) and China (-15.8 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, calculator exports shrank by an average annual rate of -8.3% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (-0.5% per year) and the Netherlands (+19.0% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, stabilizing at the previous year. Over the last nine-year period, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2020 an increase of 13%. As a result, the export price reached the peak level of $X per unit, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

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

Calculator Imports

Imports

In 2021, after two years of decline, there was significant growth in overseas purchases of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume increased by 13% to X units. In general, imports, however, recorded a abrupt slump. Over the period under review, global imports reached the peak figure at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports rose remarkably to $X in 2021. Over the period under review, imports, however, continue to indicate a pronounced reduction. Over the period under review, global imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

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 key importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, together making up 36% of total imports. The following importers - 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) - together made up 24% of total imports.

From 2012 to 2021, the biggest increases were recorded for China (with a CAGR of +89.0%), while purchases for the other global leaders experienced mixed trends in the imports figures.

In value terms, the largest calculator importing markets worldwide were the United States ($X), Germany ($X) and France ($X), together accounting for 33% of global imports. Hong Kong SAR, the Netherlands, China, Japan, the UK, India, Russia, Mexico and Brazil lagged somewhat behind, together comprising a further 28%.

Among the main importing countries, China, with a CAGR of +49.9%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, which is down by -3.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.4%. The growth pace was the most rapid in 2016 when the average import price increased by 8.6%. Over the period under review, average import prices attained the peak figure at $X per unit in 2020, and then declined slightly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was France ($X per unit), while Brazil ($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 (+13.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Platform

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