Eastern Asia: Calculator Market 2024

Calculator Market Size in Eastern Asia

The East Asian calculator market amounted to $X in 2023, rising by X% against the previous year. The total consumption indicated a resilient expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption failed to regain momentum.

Calculator Production in Eastern Asia

In value terms, calculator production rose to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. The level of production peaked at $X in 2015; afterwards, it flattened through to 2023.

Calculator Exports

Exports in Eastern Asia

In 2023, shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by X% to X units for the first time since 2020, thus ending a two-year rising trend. In general, exports showed a drastic downturn. The pace of growth appeared the most rapid in 2022 when exports increased by X%. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, calculator exports reduced to $X in 2023. Over the period under review, exports continue to indicate a abrupt downturn. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

China dominates exports structure, resulting at X units, which was approx. X% of total exports in 2023. Hong Kong SAR (X units) followed a long way behind the leaders.

China was also the fastest-growing in terms of the electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports, with a CAGR of X% from 2012 to 2023. Hong Kong SAR (X%) illustrated a downward trend over the same period. While the share of China (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Hong Kong SAR (X p.p.) displayed negative dynamics.

In value terms, China ($X) remains the largest calculator supplier in Eastern Asia, comprising X% of total exports. The second position in the ranking was taken by Hong Kong SAR ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in China totaled X%.

Export Prices by Country

In 2023, the export price in Eastern Asia amounted to $X per unit, shrinking by X% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2022, and then fell 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 stood at $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (X%).

Calculator Imports

Imports in Eastern Asia

In 2023, calculator imports in Eastern Asia shrank to X units, waning by X% on the previous year's figure. Over the period under review, imports saw a deep reduction. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2023, imports stood at a somewhat lower figure.

In value terms, calculator imports reduced dramatically to $X in 2023. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. 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 purchases of the three major importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, namely China, Japan and Hong Kong SAR, represented more than two-thirds of total import. It was distantly followed by South Korea (X units) and Taiwan (Chinese) (X units), together constituting a X% share of total imports. Democratic People's Republic of 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 mixed trends in the imports figures.

In value terms, the largest calculator importing markets in Eastern Asia were China ($X), Hong Kong SAR ($X) and Japan ($X), together accounting for X% of total imports.

Among the main importing countries, China, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Eastern Asia stood at $X per unit in 2023, reducing by X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2023, the import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while Democratic People's Republic of Korea ($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 import price figures.

Source: IndexBox Platform