Italy: Calculator Market 2024

Calculator Market Size in Italy

The Italian calculator market declined significantly to $X in 2021, which is down by -18% 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). Overall, consumption continues to indicate a abrupt descent. Calculator consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Italy

In 2021, after two years of decline, there was significant growth in overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume increased by 6.3% to X units. In general, exports continue to indicate a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 121% against the previous year. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, calculator exports soared to $X in 2021. Over the period under review, exports recorded a measured increase. The pace of growth appeared the most rapid in 2018 when exports increased by 141% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Belgium (X units) was the main destination for calculator exports from Italy, accounting for a 69% share of total exports. Moreover, calculator exports to Belgium exceeded the volume sent to the second major destination, Germany (X units), more than tenfold. Spain (X units) ranked third in terms of total exports with a 3.7% share.

From 2012 to 2021, the average annual growth rate of volume to Belgium totaled +89.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-13.2% per year) and Spain (-7.0% per year).

In value terms, Qatar ($X) emerged as the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Italy, comprising 34% of total exports. The second position in the ranking was held by Belgium ($X), with a 15% share of total exports. It was followed by Germany, with a 7.6% share.

From 2012 to 2021, the average annual growth rate of value to Qatar amounted to +278.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+56.8% per year) and Germany (-16.5% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, increasing by 36% against the previous year. In general, the export price, however, continues to indicate a pronounced curtailment. The export price peaked at $X per unit in 2012; however, from 2013 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 Qatar ($X per unit), while the average price for exports to Belgium ($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 Czech Republic (+17.7%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Italy

In 2021, approx. X units of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were imported into Italy; declining by -14.7% on 2020. In general, imports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 29% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports declined to $X in 2021. Overall, imports recorded a pronounced decrease. The growth pace was the most rapid in 2019 when imports increased by 18%. As a result, imports reached the peak of $X. From 2020 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of calculator imports to Italy, together accounting for 84% of total imports. These countries were followed by Spain, the Czech Republic, France, Poland, Malaysia and Belgium, which together accounted for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +34.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Italy, comprising 44% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 19% share of total imports. It was followed by China, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+15.9% per year) and China (-11.9% per year).

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, remaining relatively unchanged against the previous year. In general, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 when the average import price increased by 39%. Over the period under review, average import prices attained the maximum 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 Malaysia ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+27.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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