Australia: Calculator Market 2024

Calculator Market Size in Australia

In 2021, the Australian calculator market increased by 7.8% to $X, rising for the fourth consecutive year after two years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Calculator consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Calculator Exports

Exports from Australia

In 2021, exports of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions from Australia reached X units, with an increase of 2.6% on 2020. In general, exports, however, saw a deep contraction. The growth pace was the most rapid in 2013 with an increase of 278% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, calculator exports soared to $X in 2021. Overall, exports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2017 when exports increased by 204% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

New Zealand (X units) was the main destination for calculator exports from Australia, with a 78% share of total exports. Moreover, calculator exports to New Zealand exceeded the volume sent to the second major destination, Japan (X units), more than tenfold. The third position in this ranking was held by Singapore (X units), with a 4.3% share.

From 2012 to 2021, the average annual growth rate of volume to New Zealand was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+75.7% per year) and Singapore (-10.5% per year).

In value terms, New Zealand ($X) emerged as the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Australia, comprising 21% of total exports. The second position in the ranking was taken by the Netherlands ($X), with a 9.9% share of total exports. It was followed by Japan, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to New Zealand stood at -9.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+13.2% per year) and Japan (+42.5% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, picking up by 19% against the previous year. Over the period under review, the export price, however, continues to indicate a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average export price increased by 54% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to New Zealand ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+43.1%), while the prices for the other major destinations experienced mixed trend patterns.

Calculator Imports

Imports into Australia

After three years of decline, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by 13% to X units in 2021. Overall, imports, however, recorded a pronounced slump. The most prominent rate of growth was recorded in 2015 with an increase of 23%. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, calculator imports expanded markedly to $X in 2021. The total import value increased at an average annual rate of +2.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when imports increased by 20%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest calculator supplier to Australia, accounting for a 69% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), fourfold. The third position in this ranking was held by the Philippines (X units), with a 7.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -7.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+0.7% per year) and the Philippines (+9.4% per year).

In value terms, China ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Australia, comprising 75% of total imports. The second position in the ranking was taken by Thailand ($X), with a 12% share of total imports. It was followed by the Philippines, with an 8.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+3.4% per year) and the Philippines (+22.7% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, declining by -6% against the previous year. In general, the import price, however, showed a prominent increase. The most prominent rate of growth was recorded in 2018 an increase of 51% against the previous year. The import price peaked at $X per unit in 2020, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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