Lithuania: Calculator Market 2020

Calculator Market Size in Lithuania

The revenue of the calculator market in Lithuania amounted to $X in 2018, reducing by -X% 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). In general, calculator consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Lithuania calculator consumption peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Calculator Exports

Exports from Lithuania

In 2018, the calculator exports from Lithuania totaled X units, picking up by X% against the previous year. In general, calculator exports continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. In that year, calculator exports attained their peak of X units. From 2014 to 2018, the growth of calculator exports remained at a lower figure.

In value terms, calculator exports stood at $X in 2018. Overall, calculator exports continue to indicate strong growth. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. In that year, calculator exports reached their peak of $X. From 2011 to 2018, the growth of calculator exports failed to regain its momentum.

Exports by Country

China prevails in calculator exports structure, recording X units, which was approx. X% of total exports in 2018. It was distantly followed by the Philippines (X units) and China, Hong Kong SAR (X units), together generating a X% share of total exports. The following exporters - the Netherlands (X units) and Germany (X units) - each resulted at a X% share of total exports.

From 2007 to 2018, average annual rates of growth with regard to calculator exports from China stood at -X%. At the same time, the Philippines (+X%), Germany (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Philippines increased by +X% percentage points, while China, Hong Kong SAR (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest calculator supplier from Lithuania, comprising X% of global exports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China totaled -X%. The remaining exporting countries recorded the following average annual rates of exports growth: the Philippines (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the calculator export price in Lithuania amounted to $X per unit, going down by -X% against the previous year. Over the period under review, the calculator export price continues to indicate a slight drop. The most prominent rate of growth was recorded in 2010 an increase of X% year-to-year. In that year, the export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak level of $X per unit. From 2011 to 2018, the growth in terms of the export prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while China ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

Calculator Imports

Imports into Lithuania

Calculator imports into Lithuania stood at X units in 2018, coming down by -X% against the previous year. Overall, calculator imports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. Lithuania imports peaked at X units in 2013; however, from 2014 to 2018, imports remained at a lower figure.

In value terms, calculator imports amounted to $X in 2018. Overall, calculator imports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2010 when imports increased by X% y-o-y. Over the period under review, calculator imports reached their maximum at $X in 2007; however, from 2008 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X units), followed by China, Hong Kong SAR (X units), Mexico (X units) and Germany (X units) represented the major importers of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, together generating X% of total imports. Japan (X units), China (X units), India (X units), Nigeria (X units), the Netherlands (X units), Brazil (X units), the UK (X units) and South Africa (X units) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Nigeria, while the other leaders experienced mixed trends in the imports figures.

In value terms, the largest calculator importing markets into Lithuania were the U.S. ($X), Germany ($X) and China, Hong Kong SAR ($X), with a combined X% share of total imports. Japan, the UK, India, the Netherlands, Mexico, South Africa, China, Brazil, Nigeria and Lithuania lagged somewhat behind, together accounting for a further X the main importing countries, India recorded the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the calculator import price in Lithuania amounted to $X per unit, standing approx. at the previous year. Overall, the calculator import price continues to indicate perceptible growth. The most prominent rate of growth was recorded in 2014 when the import price increased by X% year-to-year. Over the period under review, the import prices for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions reached their peak figure in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform