Ireland: Calculator Market 2024

Calculator Market Size in Ireland

After four years of growth, the Irish calculator market decreased by -25.2% to $X in 2021. In general, consumption saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Ireland

Calculator exports from Ireland dropped significantly to X units in 2021, falling by -72.9% on 2020 figures. Overall, exports recorded a sharp decline. The growth pace was the most rapid in 2015 with an increase of 88%. As a result, the exports attained the peak of X units. From 2016 to 2021, the growth of the exports failed to regain momentum.

In value terms, calculator exports dropped notably to $X in 2021. In general, exports faced a sharp slump. The most prominent rate of growth was recorded in 2013 with an increase of 139%. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

The UK (X units) was the main destination for calculator exports from Ireland, accounting for a 62% share of total exports. Moreover, calculator exports to the UK exceeded the volume sent to the second major destination, France (X units), sevenfold. The third position in this ranking was taken by Spain (X units), with an 8.4% share.

From 2012 to 2021, the average annual growth rate of volume to the UK totaled -23.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-44.8% per year) and Spain (-24.1% per year).

In value terms, the UK ($X) remains the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Ireland, comprising 79% of total exports. The second position in the ranking was held by Spain ($X), with a 6% share of total exports. It was followed by Italy, with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the UK amounted to -19.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (-14.7% per year) and Italy (-36.6% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, declining by -13.4% against the previous year. Overall, the export price, however, posted perceptible growth. The growth pace was the most rapid in 2013 when the average export price increased by 121%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Switzerland ($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 Germany (+13.0%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Ireland

In 2021, supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -9.7% to X units, falling for the sixth consecutive year after two years of growth. Overall, imports recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 with an increase of 36% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, calculator imports contracted dramatically to $X in 2021. In general, imports saw a deep contraction. The growth pace was the most rapid in 2018 with an increase of 38% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, China (X units) constituted the largest calculator supplier to Ireland, accounting for a 58% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), fourfold. The third position in this ranking was taken by Japan (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +2.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+101.2% per year) and Japan (+189.6% per year).

In value terms, China ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Ireland, comprising 51% of total imports. The second position in the ranking was held by Japan ($X), with a 13% share of total imports. It was followed by the UK, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (+197.7% per year) and the UK (-26.9% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, reducing by -31.2% against the previous year. Overall, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49%. Over the period under review, average import prices reached the maximum at $X per unit in 2020, and then dropped significantly in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+20.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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