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

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

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Cash Register Price in Hong Kong SAR - 2023

Contents:

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

Cash Register Price in Hong Kong SAR (CIF) - 2023

In September 2023, the average cash register import price amounted to $98.6 per unit, which is down by -5.7% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 when the average import price increased by 31% against the previous month. As a result, import price reached the peak level of $117 per unit. From January 2023 to September 2023, the average import prices remained at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From September 2022 to September 2023, the rate of growth in terms of prices for China amounted to +0.9% per month.

Cash Register Price in Hong Kong SAR (FOB) - 2022

In 2022, the average cash register export price amounted to $110 per unit, falling by -16.3% against the previous year. Over the period under review, the export price showed a abrupt decrease. The growth pace was the most rapid in 2020 an increase of 64% against the previous year. Over the period under review, the average export prices reached the peak figure at $232 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Chile ($231 per unit), while the average price for exports to the United States ($76 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 Chile (+2.4%), while the prices for the other major destinations experienced a decline.

Cash Register Imports in Hong Kong SAR

In 2022, overseas purchases of cash registers decreased by -25.3% to 1.1M units, falling for the second consecutive year after two years of growth. Overall, total imports indicated slight growth from 2019 to 2022: its volume increased at an average annual rate of +1.4% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -37.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 when imports increased by 67%. As a result, imports reached the peak of 1.8M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, cash register imports dropped dramatically to $104M in 2022. In general, imports showed a noticeable decrease. The pace of growth appeared the most rapid in 2020 with an increase of 35%. As a result, imports reached the peak of $163M. From 2021 to 2022, the growth of imports remained at a lower figure.

Import of Cash Register in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China120162142103-5.0%
Others1.01.20.71.26.3%
Total121163143104-4.9%

Top Suppliers of Cash Register to Hong Kong SAR in 2022:

  1. China (1099.3K units)

Cash Register Exports in Hong Kong SAR

In 2022, overseas shipments of cash registers were finally on the rise to reach 209K units for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, saw a deep contraction. The exports peaked at 302K units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, cash register exports surged to $23M in 2022. In general, exports, however, saw a deep slump. The exports peaked at $42M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Cash Register in Hong Kong SAR (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States0.70.70.48.5129.8%
Japan12.33.23.86.0-21.3%
China15.924.72.21.7-52.5%
France0.20.20.41.176.5%
ChileN/AN/A0.21.0400.0%
NetherlandsN/AN/A0.10.9800.0%
Saudi ArabiaN/AN/A0.10.7600.0%
Mexico0.61.60.40.5-5.9%
Italy1.50.70.30.3-41.5%
Bulgaria1.3N/AN/AN/A0%
India4.70.90.2N/A-79.4%
Others5.02.82.22.3-22.8%
Total42.434.910.322.9-18.6%

Top Export Markets for Cash Register from Hong Kong SAR in 2022:

  1. India (undefinedK units)
  2. United States (112.2K units)
  3. Japan (43.6K units)
  4. China (13.1K units)
  5. France (6.3K units)
  6. Saudi Arabia (4.8K units)
  7. Netherlands (4.3K units)
  8. Chile (4.2K units)
  9. Mexico (3.3K units)
  10. Italy (1.5K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cash register market in Hong Kong SAR, 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:

  • Hong Kong SAR

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Hong Kong SAR, 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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