Egypt: Calculator Market 2024

Calculator Market Size in Egypt

The Egyptian calculator market soared to $X in 2021, jumping by 26% 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, however, showed a deep reduction. Calculator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Calculator Exports

Exports from Egypt

In 2021, overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were finally on the rise to reach X units after two years of decline. In general, exports recorded a relatively flat trend pattern. Over the period under review, the exports attained the maximum at X units in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, calculator exports skyrocketed to $X in 2021. Over the period under review, exports, however, saw a abrupt setback. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The United Arab Emirates (X units), France (X units) and Sudan (X units) were the main destinations of calculator exports from Egypt, with a combined 100% share of total exports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +57.4%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, the United Arab Emirates ($X) emerged as the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Egypt, comprising 53% of total exports. The second position in the ranking was held by France ($X), with a 23% share of total exports.

From 2012 to 2021, the average annual growth rate of value to the United Arab Emirates was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+45.3% per year) and Sudan (-49.0% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, rising by 12% against the previous year. In general, the export price, however, saw a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 214%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sudan ($X per unit), while the average price for exports to France ($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 Sudan (+1.1%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into Egypt

Calculator imports into Egypt skyrocketed to X units in 2021, growing by 27% against the previous year. Over the period under review, imports, however, recorded a deep setback. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, calculator imports soared to $X in 2021. In general, imports, however, showed a abrupt downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 39% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest calculator supplier to Egypt, with a 84% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the United Arab Emirates (X units), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+35.3% per year) and Hong Kong SAR (-32.2% per year).

In value terms, China ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Egypt, comprising 81% of total imports. The second position in the ranking was held by the United Arab Emirates ($X), with a 5.1% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United Arab Emirates (+25.1% per year) and Hong Kong SAR (-30.8% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, which is down by -9.4% against the previous year. In general, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 55% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2021, the average import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Hong Kong SAR ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+2.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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