United Kingdom: Market for Laptops and Palm-Top Computers 2024

Market Size for Laptops and Palm-Top Computers in the UK

In 2021, after three years of growth, there was decline in the UK laptop and tablet computer market, when its value decreased by -2.1% to $X. In general, the total consumption indicated a measured increase from 2012 to 2021: its value increased at an average annual rate of +2.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +90.2% against 2017 indices. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Production of Laptops and Palm-Top Computers in the UK

In value terms, laptop and tablet computer production dropped slightly to $X in 2021 estimated in export price. Overall, the total production indicated a strong expansion from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +116.2% against 2016 indices. The pace of growth was the most pronounced in 2017 when the production volume increased by 47% against the previous year. Laptop and tablet computer production peaked at $X in 2020, and then reduced modestly in the following year.

Exports of Laptops and Palm-Top Computers

Exports from the UK

In 2021, overseas shipments of laptops and palm-top computers were finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. The total export volume increased at an average annual rate of +1.2% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 20%. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in years to come.

In value terms, laptop and tablet computer exports expanded markedly to $X in 2021. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 when exports increased by 16%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the near future.

Exports by Country

Ireland (X units) was the main destination for laptop and tablet computer exports from the UK, with a 36% share of total exports. Moreover, laptop and tablet computer exports to Ireland exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was taken by Germany (X units), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Ireland totaled +6.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+12.2% per year) and Germany (-3.7% per year).

In value terms, the largest markets for laptop and tablet computer exported from the UK were Ireland ($X), the Netherlands ($X) and Germany ($X), with a combined 63% share of total exports. The Czech Republic, the United States, Poland, France, China, Italy, Hong Kong SAR, Spain, Romania and Morocco lagged somewhat behind, together accounting for a further 21%.

Among the main countries of destination, Morocco, with a CAGR of +23.8%, recorded 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

In 2021, the average laptop and tablet computer export price amounted to $X per unit, remaining constant against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of 17% against the previous year. The export price peaked at $X per unit in 2020, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Morocco ($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 France (+9.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Laptops and Palm-Top Computers

Imports into the UK

After three years of growth, supplies from abroad of laptops and palm-top computers decreased by -5.4% to X units in 2021. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when imports increased by 21%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, laptop and tablet computer imports totaled $X in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +64.0% against 2016 indices. The pace of growth was the most pronounced in 2020 with an increase of 21% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of laptop and tablet computer to the UK, accounting for a 83% share of total imports. Moreover, laptop and tablet computer imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 2.5% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +5.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-13.0% per year) and Germany (-15.2% per year).

In value terms, China ($X) constituted the largest supplier of laptops and palm-top computers to the UK, comprising 88% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 4.2% share of total imports. It was followed by Vietnam, with a 2% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.3% per year) and Vietnam (+0.2% per year).

Import Prices by Country

The average laptop and tablet computer import price stood at $X per unit in 2021, rising by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.2%. The most prominent rate of growth was recorded in 2017 an increase of 20%. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual 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 Vietnam ($X per unit), while the price for Hong Kong SAR ($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 Netherlands (+3.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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