Czech Republic: Calculator Market 2024

Calculator Market Size in the Czech Republic

The Czech calculator market surged to $X in 2021, rising by 30% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption recorded a buoyant expansion. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the immediate term.

Calculator Exports

Exports from the Czech Republic

In 2021, after three years of decline, there was significant growth in shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume increased by 5.5% to X units. In general, exports, however, continue to indicate a abrupt slump. The most prominent rate of growth was recorded in 2015 when exports increased by 33%. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, calculator exports rose markedly to $X in 2021. Over the period under review, exports, however, saw a slight decrease. The pace of growth appeared the most rapid in 2015 with an increase of 62% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X units) was the main destination for calculator exports from the Czech Republic, with a 32% share of total exports. Moreover, calculator exports to Germany exceeded the volume sent to the second major destination, Slovakia (X units), fourfold. The third position in this ranking was held by Hungary (X units), with an 8.5% share.

From 2012 to 2021, the average annual growth rate of volume to Germany was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (-8.7% per year) and Hungary (-0.1% per year).

In value terms, Germany ($X) remains the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from the Czech Republic, comprising 36% of total exports. The second position in the ranking was taken by the United States ($X), with a 13% share of total exports. It was followed by Switzerland, with a 6.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+16.3% per year) and Switzerland (-5.7% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, remaining stable against the previous year. Over the period under review, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +11.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calculator export price increased by +52.4% against 2017 indices. The growth pace was the most rapid in 2013 an increase of 80%. The export price peaked at $X per unit in 2020, and then shrank modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ireland ($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 the United States (+11.6%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into the Czech Republic

In 2021, after two years of decline, there was significant growth in supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume increased by 19% to X units. Over the period under review, imports, however, continue to indicate a abrupt descent. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, calculator imports amounted to $X in 2021. Overall, imports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2016 when imports increased by 28%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

Hong Kong SAR (X units), China (X units) and the Netherlands (X units) were the main suppliers of calculator imports to the Czech Republic, with a combined 75% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +82.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the Netherlands ($X) were the largest calculator suppliers to the Czech Republic, with a combined 73% share of total imports. These countries were followed by Austria, Hong Kong SAR, Slovakia, Poland and the Philippines, which together accounted for a further 22%.

Hong Kong SAR, with a CAGR of +71.7%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, declining by -14.4% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calculator import price decreased by -22.8% against 2019 indices. The growth pace was the most rapid in 2013 when the average import price increased by 87% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+26.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :