Calculator Market Overview in the Czech Republic
Market Overview
The Czech calculator market was finally on the rise to reach $
in , after three years of decline. In general, consumption showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2008 when the market value increased by % year-to-year. Calculator consumption peaked at $ in 2016; however, from 2017 to , consumption failed to regain the momentum.
In value terms, calculator production stood at $ in estimated in export prices. Overall, production recorded a tangible increase. Over the period under review, production attained the peak level in and is expected to retain growth in the near future.
in , after three years of decline. In general, consumption showed a pronounced shrinkage. The most prominent rate of growth was recorded in 2008 when the market value increased by % year-to-year. Calculator consumption peaked at $ in 2016; however, from 2017 to , consumption failed to regain the momentum.In value terms, calculator production stood at $
in estimated in export prices. Overall, production recorded a tangible increase. Over the period under review, production attained the peak level in and is expected to retain growth in the near future.Consumption
In , consumption of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -% to units, falling for the fourth consecutive year after three years of growth. Overall, consumption continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2012 when the consumption volume increased by % year-to-year. Over the period under review, consumption attained the maximum volume at units in 2008; however, from 2009 to , consumption remained at a lower figure.
The revenue of the calculator market in the Czech Republic was estimated at $ in , approximately reflecting 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). Over the period under review, consumption recorded a pronounced decline. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. Over the period under review, the market attained the peak level at $ in 2016; however, from 2017 to , consumption remained at a lower figure.
, consumption of electronic calculators and pocket-size data recording, reproducing and displaying machines with calculating functions decreased by -% to units, falling for the fourth consecutive year after three years of growth. Overall, consumption continues to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2012 when the consumption volume increased by % year-to-year. Over the period under review, consumption attained the maximum volume at units in 2008; however, from 2009 to , consumption remained at a lower figure.The revenue of the calculator market in the Czech Republic was estimated at $
in , approximately reflecting 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). Over the period under review, consumption recorded a pronounced decline. The most prominent rate of growth was recorded in 2008 with an increase of % against the previous year. Over the period under review, the market attained the peak level at $ in 2016; however, from 2017 to , consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for calculator in the Czech Republic, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from to , which is projected to depress the market volume to units by the end of .
% for the period from to , which is projected to depress the market volume to units by the end of .Market Structure
Driven by a growing demand, the share of imports in total supply in the Czech Republic increased significantly over the last thirteen-year period (from % to %). Total import supply of calculator is expected to rise, though it will be moderately impacted by price increases.
% to %). Total import supply of calculator is expected to rise, though it will be moderately impacted by price increases.Trade Balance
Those figures reflect the fact that neither imports nor exports don’t dominate the trade balance, and the country may export not only the product manufactured domestically, but also re-export some previously imported goods.
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