Portugal: Calculator Market 2024

Calculator Market Size in Portugal

In 2021, the Portuguese calculator market was finally on the rise to reach $X after two years of decline. Overall, consumption, however, continues to indicate a abrupt decline. Calculator consumption peaked at $X in 2015; however, from 2016 to 2021, consumption stood at a somewhat lower figure.

Calculator Exports

Exports from Portugal

After two years of growth, shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -1.5% to X units in 2021. Over the period under review, exports, however, saw a significant expansion. The growth pace was the most rapid in 2015 when exports increased by 1,108%. Over the period under review, the exports attained the maximum at X units in 2020, and then declined in the following year.

In value terms, calculator exports fell slightly to $X in 2021. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2015 with an increase of 6,647%. The exports peaked at $X in 2020, and then declined modestly in the following year.

Exports by Country

Germany (X units) was the main destination for calculator exports from Portugal, accounting for a 90% share of total exports. Moreover, calculator exports to Germany exceeded the volume sent to the second major destination, Spain (X units), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +174.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+17.3% per year) and Angola (-21.7% per year).

In value terms, Germany ($X) remains the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from Portugal, comprising 100% of total exports. The second position in the ranking was held by Spain ($X), with a 0.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Germany amounted to +290.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+33.5% per year) and Angola (-18.2% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the export price, however, saw a significant increase. The growth pace was the most rapid in 2019 an increase of 817% against the previous year. 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 failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Spain ($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 (+42.5%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Portugal

In 2021, the amount of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions imported into Portugal rose markedly to X units, growing by 8.7% compared with 2020. Over the period under review, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of 202% against the previous year. As a result, imports reached the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, calculator imports declined modestly to $X in 2021. In general, imports, however, saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by 122%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

China (X units), Spain (X units) and France (X units) were the main suppliers of calculator imports to Portugal, together comprising 82% of total imports. Germany and the Netherlands lagged somewhat behind, together comprising a further 18%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +18.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Spain ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Portugal, comprising 58% of total imports. The second position in the ranking was taken by France ($X), with a 19% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from Spain stood at -7.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+24.0% per year) and Germany (+15.5% per year).

Import Prices by Country

The average calculator import price stood at $X per unit in 2021, which is down by -10% against the previous year. Over the period under review, the import price saw a mild curtailment. The most prominent rate of growth was recorded in 2014 an increase of 150%. As a result, import price attained the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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