Calculator Market Overview in the Czech Republic
Market Overview
The Czech calculator market contracted to $
in 2019, which is down by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of
% year-to-year. Calculator consumption peaked at $
in 2018, and then shrank in the following year.




Consumption
In 2019, consumption of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions in the Czech Republic reduced dramatically to
units, which is down by -
% on the year before. Overall, consumption, however, showed a pronounced expansion. The most prominent rate of growth was recorded in 2013 with an increase of
% year-to-year. Over the period under review, consumption reached the peak volume at
units in 2016; however, from 2017 to 2019, consumption failed to regain the momentum.
The revenue of the calculator market in the Czech Republic dropped to $
in 2019, waning by -
% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a strong expansion. The growth pace was the most rapid in 2013 with an increase of
% year-to-year. Calculator consumption peaked at $
in 2018, and then declined in the following year.




The revenue of the calculator market in the Czech Republic dropped to $




Market Forecast
Driven by increasing demand for calculator in the Czech Republic, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +
% for the period from 2019 to
, which is projected to bring the market volume to
units by the end of
.




Trade Balance
The Czech Republic remains a net importer of calculator; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of
units, which was equal to $
. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.


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