Asia: Calculator Market 2024

Calculator Market Size in Asia

The Asian calculator market stood at $X in 2023, rising by X% against the previous year. The market value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, the market attained the peak level at $X in 2021; afterwards, it flattened through to 2023.

Calculator Production in Asia

In value terms, calculator production stood at $X in 2023 estimated in export price. Overall, production saw a mild expansion. The growth pace was the most rapid in 2021 with an increase of X%. As a result, production reached the peak level of $X; afterwards, it flattened through to 2023.

Calculator Exports

Exports in Asia

In 2023, after two years of growth, there was significant decline in shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume decreased by X% to X units. Over the period under review, exports saw a deep contraction. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

In value terms, calculator exports fell to $X in 2023. In general, exports continue to indicate a pronounced decrease. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

Exports by Country

China dominates exports structure, accounting for X units, which was near X% of total exports in 2023. The Philippines (X units) took the second position in the ranking, followed by Thailand (X units). All these countries together held near X% share of total exports. Hong Kong SAR (X units) followed a long way behind the leaders.

Exports from China decreased at an average annual rate of X% from 2012 to 2023. At the same time, Thailand (X%) and the Philippines (X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in Asia, with a CAGR of X% from 2012-2023. By contrast, Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of the Philippines (X p.p.) and Thailand (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Hong Kong SAR (X p.p.) and China (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest calculator supplier in Asia, comprising X% of total exports. The second position in the ranking was held by the Philippines ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2023, the average annual growth rate of value in China totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (X% per year) and Thailand (X% per year).

Export Prices by Country

The export price in Asia stood at $X per unit in 2023, waning by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2015 an increase of X%. The level of export peaked at $X per unit in 2022, and then declined in the following year.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%), while the other leaders experienced mixed trends in the export price figures.

Calculator Imports

Imports in Asia

After two years of growth, supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by X% to X units in 2023. Overall, imports continue to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2023, imports failed to regain momentum.

In value terms, calculator imports contracted to $X in 2023. In general, imports recorded a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

Imports by Country

The countries with the highest levels of calculator imports in 2023 were China (X units), Japan (X units), India (X units), Hong Kong SAR (X units), Kazakhstan (X units), Malaysia (X units), Indonesia (X units), Vietnam (X units), the United Arab Emirates (X units), the Philippines (X units), Bangladesh (X units) and Thailand (X units), together amounting to X% of total import. South Korea (X units) followed a long way behind the leaders.

From 2012 to 2023, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calculator importing markets in Asia were China ($X), Hong Kong SAR ($X) and India ($X), with a combined X% share of total imports.

China, with a CAGR of X%, saw 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

The import price in Asia stood at $X per unit in 2023, with a decrease of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when the import price increased by X%. Over the period under review, import prices reached the peak figure at $X per unit in 2021; however, from 2022 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Kazakhstan ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Thailand (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform