South Africa: Calculator Market 2024

Calculator Market Size in South Africa

The South African calculator market was finally on the rise to reach $X in 2021, after two years of decline. Over the period under review, consumption, however, recorded a drastic downturn. Calculator consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Calculator Exports

Exports from South Africa

In 2021, after two years of decline, there was growth in shipments abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, when their volume increased by 4.1% to X units. Over the period under review, exports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of 35% against the previous year. Over the period under review, the exports hit record highs at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, calculator exports skyrocketed to $X in 2021. In general, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2013 with an increase of 81% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Namibia (X units) was the main destination for calculator exports from South Africa, with a 45% share of total exports. Moreover, calculator exports to Namibia exceeded the volume sent to the second major destination, Swaziland (X units), fourfold. Botswana (X units) ranked third in terms of total exports with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Namibia stood at +4.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Swaziland (-1.0% per year) and Botswana (-6.6% per year).

In value terms, Namibia ($X) remains the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from South Africa, comprising 37% of total exports. The second position in the ranking was held by Mozambique ($X), with a 14% share of total exports. It was followed by Lesotho, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Namibia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Mozambique (+16.4% per year) and Lesotho (-3.2% per year).

Export Prices by Country

The average calculator export price stood at $X per unit in 2021, surging by 13% against the previous year. Over the period under review, the export price, however, showed a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 34% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Mozambique ($X per unit), while the average price for exports to Seychelles ($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 Mozambique (+6.2%), while the prices for the other major destinations experienced a decline.

Calculator Imports

Imports into South Africa

In 2021, overseas purchases of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions were finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, continue to indicate a drastic downturn. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, calculator imports expanded notably to $X in 2021. Overall, imports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2017 when imports increased by 18% against the previous year. Over the period under review, imports attained the maximum 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 supplier of calculator to South Africa, accounting for a 74% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), threefold. Hong Kong SAR (X units) ranked third in terms of total imports with a 0.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -6.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+195.3% per year) and Hong Kong SAR (-32.9% per year).

In value terms, Thailand ($X), China ($X) and Hong Kong SAR ($X) appeared to be the largest calculator suppliers to South Africa, together comprising 94% of total imports.

Thailand, with a CAGR of +289.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, reducing by -17.6% against the previous year. Over the period under review, the import price, however, recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when the average import price increased by 40%. Over the period under review, average import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

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 Thailand ($X per unit), while the price for Germany ($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 (+31.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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