ASEAN: Calculator Market 2025

Calculator Market Size in ASEAN

After three years of decline, the ASEAN calculator market increased by 108% to $X in 2021. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Calculator Production in ASEAN

In value terms, calculator production soared to $X in 2021 estimated in export price. Overall, production, however, showed a deep downturn. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Calculator Exports

Exports in ASEAN

Calculator exports soared to X units in 2021, increasing by 26% against the previous year. Over the period under review, exports recorded significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by 601%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports failed to regain momentum.

In value terms, calculator exports surged to $X in 2021. Overall, exports posted prominent growth. The growth pace was the most rapid in 2015 with an increase of 411%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Philippines was the main exporter of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in ASEAN, with the volume of exports reaching X units, which was approx. 64% of total exports in 2021. Thailand (X units) took the second position in the ranking, distantly followed by Singapore (X units). All these countries together took approx. 35% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calculator exports from the Philippines stood at +30.7%. At the same time, Thailand (+96.7%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter exported in ASEAN, with a CAGR of +96.7% from 2012-2021. By contrast, Singapore (-7.2%) illustrated a downward trend over the same period. The Philippines (+64 p.p.) and Thailand (+28 p.p.) significantly strengthened its position in terms of the total exports, while Singapore saw its share reduced by -87.1% from 2012 to 2021, respectively.

In value terms, the Philippines ($X) remains the largest calculator supplier in ASEAN, comprising 82% of total exports. The second position in the ranking was taken by Singapore ($X), with an 11% share of total exports.

From 2012 to 2021, the average annual growth rate of value in the Philippines was relatively modest.

Export Prices by Country

In 2021, the export price in ASEAN amounted to $X per unit, falling by -6.6% against the previous year. Overall, the export price recorded a abrupt slump. The pace of growth was the most pronounced in 2013 when the export price increased by 88%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the Philippines amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Singapore (+2.3%), while the other leaders experienced a decline in the export price figures.

Calculator Imports

Imports in ASEAN

After two years of decline, supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by 25% to X units in 2021. Overall, imports, however, continue to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2015 with an increase of 68% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, calculator imports expanded markedly to $X in 2021. Over the period under review, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 32% against the previous year. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Thailand (X units), Vietnam (X units), Malaysia (X units) and the Philippines (X units) represented roughly 83% of total imports in 2021. Indonesia (X units) ranks next in terms of the total imports with an 8.9% share, followed by Singapore (4.9%). Cambodia (X units) took a relatively small share of total imports.

From 2012 to 2021, the biggest increases were recorded for the Philippines (with a CAGR of +7.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest calculator importing markets in ASEAN were Singapore ($X), Malaysia ($X) and Indonesia ($X), together accounting for 69% of total imports. Vietnam, the Philippines and Cambodia lagged somewhat behind, together comprising a further 31%.

Among the main importing countries, the Philippines, with a CAGR of +3.8%, saw the highest rates of growth with regard to 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 ASEAN stood at $X per unit in 2021, waning by -12.6% against the previous year. Overall, the import price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by 48%. Over the period under review, import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Singapore ($X per unit), while the Philippines ($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 leaders experienced more modest paces of growth.

Source: IndexBox Platform