Saudi Arabia: Calculator Market 2024

Calculator Market Size in Saudi Arabia

In 2021, the Saudi calculator market decreased by -29% to $X, falling for the second consecutive year after two years of growth. In general, consumption recorded a abrupt slump. Calculator consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Calculator Production in Saudi Arabia

In value terms, calculator production contracted modestly to $X in 2021 estimated in export price. Over the period under review, production saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the production volume increased by 5.6% against the previous year. Calculator production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Calculator Exports

Exports from Saudi Arabia

For the fourth year in a row, Saudi Arabia recorded decline in overseas shipments of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, which decreased by -55.7% to X units in 2021. Overall, exports saw a deep slump. The most prominent rate of growth was recorded in 2013 when exports increased by 335%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, calculator exports contracted notably to $X in 2021. In general, exports continue to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2013 with an increase of 677%. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Turkey (X units) was the main destination for calculator exports from Saudi Arabia, with a 24% share of total exports. Moreover, calculator exports to Turkey exceeded the volume sent to the second major destination, Ecuador (X units), twofold. The United Arab Emirates (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Ecuador (0.0% per year) and the United Arab Emirates (-23.5% per year).

In value terms, the Netherlands ($X), France ($X) and Turkey ($X) constituted the largest markets for calculator exported from Saudi Arabia worldwide, together accounting for 47% of total exports.

Among the main countries of destination, the Netherlands, with a CAGR of +199.5%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, increasing by 35% against the previous year. Overall, the export price saw a noticeable expansion. The pace of growth was the most pronounced in 2017 when the average export price increased by 231%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Ecuador ($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 Netherlands (+260.6%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into Saudi Arabia

In 2021, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -30.7% to X units, falling for the second year in a row after two years of growth. Overall, imports showed a abrupt slump. The most prominent rate of growth was recorded in 2019 with an increase of 119%. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports remained at a lower figure.

In value terms, calculator imports declined markedly to $X in 2021. Over the period under review, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2019 when imports increased by 85%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), Thailand (X units) and the Philippines (X units) were the main suppliers of calculator imports to Saudi Arabia, together accounting for 100% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Philippines (with a CAGR of +64.4%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Thailand ($X), China ($X) and the Philippines ($X) appeared to be the largest calculator suppliers to Saudi Arabia, with a combined 98% share of total imports.

Thailand, with a CAGR of +32.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, rising by 12% against the previous year. In general, the import price, however, continues to indicate a noticeable descent. The pace of growth appeared the most rapid in 2016 an increase of 188% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Thailand (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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