Netherlands: Calculator Market 2024

Calculator Market Size in the Netherlands

In 2021, the Dutch calculator market increased by 841% to $X, rising for the second year in a row after two years of decline. Overall, consumption showed a modest increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Calculator Production in the Netherlands

In value terms, calculator production plummeted to $X in 2021 estimated in export price. Over the period under review, production continues to indicate buoyant growth. Calculator production peaked at $X in 2020, and then contracted dramatically in the following year.

Calculator Exports

Exports from the Netherlands

Calculator exports from the Netherlands skyrocketed to X units in 2021, jumping by 21% compared with the previous year's figure. Over the period under review, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 55% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to see steady growth in the immediate term.

In value terms, calculator exports rose rapidly to $X in 2021. In general, exports showed a prominent increase. The growth pace was the most rapid in 2020 with an increase of 91%. Over the period under review, the exports reached the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X units) was the main destination for calculator exports from the Netherlands, accounting for a 33% share of total exports. Moreover, calculator exports to Germany exceeded the volume sent to the second major destination, France (X units), twofold. Russia (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 Germany stood at +21.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+13.7% per year) and Russia (+78.6% per year).

In value terms, Germany ($X) remains the key foreign market for electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions exports from the Netherlands, comprising 38% of total exports. The second position in the ranking was taken by France ($X), with a 17% share of total exports. It was followed by Belgium, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+16.4% per year) and Belgium (+9.4% per year).

Export Prices by Country

In 2021, the average calculator export price amounted to $X per unit, reducing by -5.5% against the previous year. Overall, the export price, however, recorded a perceptible increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by 63% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2020, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Portugal ($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 (+20.3%), while the prices for the other major destinations experienced more modest paces of growth.

Calculator Imports

Imports into the Netherlands

For the third consecutive year, the Netherlands recorded decline in supplies from abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions, which decreased by -7.6% to X units in 2021. The total import volume increased at an average annual rate of +3.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 28%. As a result, imports attained the peak of X units. From 2017 to 2021, the growth of imports remained at a lower figure.

In value terms, calculator imports declined slightly to $X in 2021. In general, total imports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +78.8% against 2015 indices. The pace of growth appeared the most rapid in 2020 with an increase of 53% against the previous year. As a result, imports attained the peak of $X, leveling off in the following year.

Imports by Country

In 2021, China (X units) constituted the largest supplier of calculator to the Netherlands, accounting for a 55% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +6.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (+51.5% per year) and Germany (+2.3% per year).

In value terms, the largest calculator suppliers to the Netherlands were China ($X), the Philippines ($X) and Germany ($X), with a combined 90% share of total imports.

Among the main suppliers, the Philippines, with a CAGR of +66.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average calculator import price amounted to $X per unit, growing by 7.5% against the previous year. Overall, import price indicated a moderate increase from 2012 to 2021: its price increased at an average annual rate of +2.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, calculator import price increased by +66.6% against 2017 indices. The pace of growth was the most pronounced in 2020 when the average import price increased by 56%. Over the period under review, average import prices reached the peak figure in 2021 and is expected to retain growth in years to come.

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 Germany ($X per unit), while the price for Taiwan (Chinese) ($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 Philippines (+10.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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