Calculator Prices in China

China Calculator Export Price in September 2022

In September 2022, the calculator price stood at $2.2 per unit (FOB, China), reducing by -6.2% against the previous month. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in February 2022 when the average export price increased by 18% m-o-m. As a result, the export price reached the peak level of $2.6 per unit. From March 2022 to September 2022, the the average export prices failed to regain momentum.

Prices varied noticeably by the country of destination: the country with the highest price was Australia ($5.5 per unit), while the average price for exports to Algeria ($640 per thousand units) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

China Calculator Export Prices by Type

Prices varied noticeably by the product type; the product with the highest price was calculating machines; electronic, incorporating a printing device, needing an external source of power ($19.5 per unit), while the average price for exports of calculators; electronic, capable of operation without an external source of electric power ($1.9 per unit) was amongst the lowest.

From January 2022 to September 2022, the most notable rate of growth in terms of prices was recorded for the following types: calculating machines; electronic, (not incorporating a printing device), needing an external power source (+6.6%), while the prices for the other products experienced mixed trend patterns.

China Calculator Exports

Calculator exports from China surged to 16M units in September 2022, jumping by 29% compared with the month before. In general, total exports indicated a mild increase from January 2022 to September 2022: its volume increased at an average monthly rate of +1.8% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports decreased by -0.4% against July 2022 indices. The pace of growth appeared the most rapid in March 2022 with an increase of 72% against the previous month. Over the period under review, the exports reached the maximum at 17M units in July 2022; however, from August 2022 to September 2022, the exports failed to regain momentum.

In value terms, calculator exports surged to $37M (IndexBox estimates) in September 2022. Overall, total exports indicated slight growth from January 2022 to September 2022: its value increased at an average monthly rate of +1.9% over the last eight-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2022 figures, exports increased by +20.6% against August 2022 indices. The growth pace was the most rapid in March 2022 when exports increased by 37% m-o-m. Over the period under review, the exports reached the maximum in September 2022.

China Calculator Exports by Type

Calculators; electronic, capable of operation without an external source of electric power (16M units) was the largest type of calculator exported from China, with a 96% share of total exports. Moreover, calculators; electronic, capable of operation without an external source of electric power exceeded the volume of the second product type, calculating machines; electronic, (not incorporating a printing device), needing an external power source (625K units), more than tenfold.

From January 2022 to September 2022, the average monthly growth rate of the volume of export of calculators; electronic, capable of operation without an external source of electric power amounted to +2.2%. With regard to the other exported products, the following average monthly rates of growth were recorded: calculating machines; electronic, (not incorporating a printing device), needing an external power source (-4.9% per month) and calculating machines; electronic, incorporating a printing device, needing an external source of power (+0.3% per month).

In value terms, calculators; electronic, capable of operation without an external source of electric power ($30M) remains the largest type of calculator exported from China, comprising 83% of total exports. The second position in the ranking was held by calculating machines; electronic, (not incorporating a printing device), needing an external power source ($4.3M), with a 12% share of total exports.

From January 2022 to September 2022, the average monthly rate of growth in terms of the export volume of calculators; electronic, capable of operation without an external source of electric power amounted to +1.9%. With regard to the other exported products, the following average monthly rates of growth were recorded: calculating machines; electronic, (not incorporating a printing device), needing an external power source (+1.4% per month) and calculating machines; electronic, incorporating a printing device, needing an external source of power (+1.8% per month).

China Calculator Exports by Country

Brazil (1.8M units), Nigeria (995K units) and the United States (918K units) were the main destinations of calculator exports from China, together comprising 23% of total exports. These countries were followed by Mexico, South Africa, Indonesia, Hong Kong SAR, the Philippines, Algeria, Pakistan, Japan, Australia and Bangladesh, which together accounted for a further 35%.

From January 2022 to September 2022, the biggest increases were in Algeria (with a CAGR of +23.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($3.9M), Nigeria ($2.4M) and Australia ($2.2M) appeared to be the largest markets for calculator exported from China worldwide, with a combined 23% share of total exports.

Nigeria, with a CAGR of +35.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform