Which Country Imports the Most Cash Registers in the World?
Office Machinery And Equipment May 28, 2018
In 2016, the amount of cash register imported worldwide stood at 73K tonnes, moving up by 2% against the previous year figure. Overall, cash register imports continue to indicate a temperate reduction. The pace of growth appeared the most rapid in 2014, an increase of 8% from the previous year level. Over the period under review, global cash register imports reached its maximum volume of 93K tonnes in 2008; however, from 2009 to 2016, it failed to regain its strength.
In value terms, cash register imports amounted to $4.9B in 2016. Overall, cash register imports continue to indicate a relatively flat trend pattern. Over the period under review, global cash register imports reached its maximum level of $5B in 2008; however, from 2009 to 2016, it stood at a somewhat lower level.
Top Cash Register Importing Countries in the World
1. United Kingdom (331.8 million USD)
2. Germany (256.9 million USD)
3. Japan (224.3 million USD)
4. Australia (200.1 million USD)
5. Italy (190.3 million USD)
6. China, Hong Kong SAR (183.0 million USD)
7. France (171.5 million USD)
8. Indonesia (78.3 million USD)
9. Netherlands (63.2 million USD)
10. Brazil (26.2 million USD)
11. Nigeria (12.3 million USD)
12. Angola (2.9 million USD)
Cash Register Imports By Country
The imports of the twelve major importers of cash register, namely Germany, the UK, Nigeria, China, Hong Kong SAR, Japan, the Netherlands, Italy, France, Australia, Angola, Indonesia, and Brazil, represented more than half of total import.
From 2007 to 2016, the most notable growth rate of cash register imports, among the main importing countries, was attained by Angola (+31.9% per year), while the other global leaders experienced more modest paces of growth.
In value terms, the UK ($332M), Germany ($257M) and Japan ($224M) constituted the countries with the highest levels of imports in 2016, with a combined 17% share of global imports. These countries were followed by Australia, Italy, China, Hong Kong SAR, France, Indonesia, the Netherlands, Brazil, Nigeria and Angola, which together accounted for a further 19%.
Indonesia (+27.3% per year) had the highest rates of growth with regard to the cash register imports, among the main importing countries, over the last 9 year period, while the other global leaders experienced more modest paces of growth.
Cash Register Import Prices By Country
In 2016, the average import price for cash register amounted to $66 per kg, declining by -3.0% against the previous year. Over the period from 2007 to 2016 it increased at an average annual rate of +2.6%.The pace of growth appeared the most rapid in 2015, when import increased by 19% year-to-year. In that year, average cash register import price reached its maximum level of $68 per kg, falling back in the following year.
There were significant differences in the average import prices amongst major importing countries. In 2016, the country with the highest import prices was Australia ($91 per kg), while Angola ($1,521 per tonne) was among the lowest.
From 2007 to 2016, the most notable growth rate of cash register import prices was attained by Indonesia (+24.0% per year), while the other global leaders experienced more modest paces of growth.
Do you want to know more about global cash register market? Get the latest trends and insight from our report. It includes a wide range of statistics on
- cash register market share
- cash register prices
- cash register industry
- cash register sales
- cash register import
- cash register export
- cash register market forecast
- cash register price forecast
- key cash register producers
All data provided in this article covers the following product: HS Code 8470 - Calculating machines and pocket-size data recording, reproducing and displaying machines with calculating functions; accounting machines, postage-franking machines, ticket-issuing machines and similar, incorporating a calculating device; cash registers.
Source: World: Cash Registers - Market Report. Analysis and Forecast to 2025
