China - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

China - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights

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Cash Register Price in China - 2023

Contents:

  1. Cash Register Price in China (FOB) - 2022
  2. Cash Register Price in China (CIF) - 2023
  3. Cash Register Exports in China
  4. Cash Register Imports in China

Cash Register Price in China (FOB) - 2022

In 2022, the average cash register export price amounted to $109 per unit, surging by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($171 per unit), while the average price for exports to Mexico ($56 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 the United States (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

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Cash Register Price in China (CIF) - 2023

In September 2023, the average cash register import price amounted to $525 per unit, with an increase of 125% against the previous month. In general, the import price showed a modest expansion. The import price peaked at $827 per unit in November 2022; however, from December 2022 to September 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In September 2023, the country with the highest price was Indonesia ($2,229 per unit), while the price for Thailand ($77.5 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by France (+10.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Cash Register Exports in China

Cash register exports from China soared to 23M units in 2022, jumping by 18% against the year before. In general, total exports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +19.0% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +68.4% against 2019 indices. The pace of growth was the most pronounced in 2021 when exports increased by 33%. The exports peaked in 2022 and are likely to see steady growth in the near future.

In value terms, cash register exports skyrocketed to $2.5B in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 41%. The exports peaked in 2022 and are likely to continue growth in the near future.

Export of Cash Register in China (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States26520915336511.3%
India75.270.512914524.5%
Saudi Arabia9.232.359.6111129.4%
Russia62.341.275.980.48.9%
Nigeria21.035.561.877.554.5%
Spain11.520.251.576.888.3%
Mexico41.730.957.066.716.9%
Argentina40.834.653.463.215.7%
Indonesia36.413.618.359.918.1%
Italy67.037.134.757.1-5.2%
Netherlands32.830.062.656.419.8%
Turkey14.521.931.652.753.7%
South Africa16.913.439.047.741.3%
Others6957651,0871,22020.6%
Total1,3891,3541,9152,47921.3%

Top Export Markets for Cash Register from China in 2022:

  1. United States (2.1M units)
  2. India (2.1M units)
  3. Mexico (1.2M units)
  4. Saudi Arabia (0.9M units)
  5. Nigeria (0.9M units)
  6. Argentina (0.8M units)
  7. Russia (0.8M units)
  8. Spain (0.7M units)
  9. Netherlands (0.6M units)
  10. Italy (0.6M units)
  11. Indonesia (0.6M units)
  12. Turkey (0.5M units)
  13. South Africa (0.5M units)

Cash Register Imports in China

In 2022, the amount of cash registers imported into China soared to 51K units, picking up by 28% against 2021 figures. The total import volume increased at an average annual rate of +5.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, cash register imports expanded remarkably to $20M in 2022. The total import value increased at an average annual rate of +6.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 27% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Import of Cash Register in China (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary2914297442,532105.7%
Israel2561222951,86293.8%
Mexico1291011.71,576130.3%
Malaysia89.723.5189849111.5%
Germany31.757.3314377128.3%
PhilippinesN/AN/AN/A2740%
Indonesia1,31915338.6201-46.6%
Thailand0.61.7N/A165550.3%
United States1,55460911186.4-61.8%
South Korea37015015839.2-52.7%
Brazil5411.1N/A7.0-76.5%
United Arab Emirates2,192N/AN/AN/A0%
Taiwan (Chinese)9,370N/AN/AN/A0%
Others69812,49316,06212,265160.0%
Total16,84214,14117,91420,2346.3%

Top Suppliers of Cash Register to China in 2022:

  1. Brazil (undefinedK units)
  2. Israel (10.8K units)
  3. Mexico (2.5K units)
  4. Hungary (1.6K units)
  5. Philippines (1.6K units)
  6. Malaysia (1.3K units)
  7. Thailand (0.9K units)
  8. Germany (0.5K units)
  9. Indonesia (0.1K units)
  10. United States (0.1K units)
  11. South Korea (0.1K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cash register market in China. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28231300 - Accounting machines, cash registers, postage-franking machines, ticket-issuing machines and similar machines, i ncorporating a calculating device
  • Prodcom 28231000 -

Country coverage:

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in China
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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