Thailand: Calculator Market 2024

Calculator Market Size in Thailand

The Thai calculator market shrank dramatically to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption continues to indicate a precipitous decline. Calculator consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Calculator Production in Thailand

In value terms, calculator production shrank to $X in 2022 estimated in export price. Over the period under review, production, however, saw a slight setback. The growth pace was the most rapid in 2013 with an increase of X%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

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Calculator Exports

Exports from Thailand

In 2022, calculator exports from Thailand soared to X units, growing by X% against 2021 figures. Over the period under review, exports posted significant growth. The most prominent rate of growth was recorded in 2015 when exports increased by X%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, calculator exports skyrocketed to $X in 2022. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2014 with an increase of X%. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Hong Kong SAR (X units) was the main destination for calculator exports from Thailand, accounting for a X% share of total exports. Moreover, calculator exports to Hong Kong SAR exceeded the volume sent to the second major destination, Germany (X units), twofold. The third position in this ranking was taken by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Hong Kong SAR amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and the United States (X% per year).

In value terms, the largest markets for calculator exported from Thailand were Hong Kong SAR ($X), Germany ($X) and the United States ($X), with a combined X% share of total exports.

Germany, with a CAGR of X%, saw the highest growth rate of the value of exports, among the main countries of destination 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 2022, reducing by X% against the previous year. Over the period under review, the export price saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Malaysia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Calculator Imports

Imports into Thailand

In 2022, purchases abroad of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions increased by X% to X units, rising for the third consecutive year after seven years of decline. Overall, imports, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of X%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, calculator imports skyrocketed to $X in 2022. Over the period under review, imports, however, saw a perceptible curtailment. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of calculator to Thailand, with a X% share of total imports. Moreover, calculator imports from China exceeded the figures recorded by the second-largest supplier, the Philippines (X units), tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Malaysia (X% per year).

In value terms, China ($X) constituted the largest supplier of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions to Thailand, comprising X% of total imports. The second position in the ranking was held by the Philippines ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Philippines (X% per year) and Malaysia (X% per year).

Import Prices by Country

In 2022, the average calculator import price amounted to $X per unit, increasing by X% against the previous year. Overall, the import price recorded moderate growth. The pace of growth was the most pronounced in 2019 an increase of X%. As a result, import price reached the peak level of $X per unit. From 2020 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Philippines ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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