ASEAN: Cash Register Market 2024

Cash Register Market Size in ASEAN

In 2022, the ASEAN cash register market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Cash Register Production in ASEAN

In value terms, cash register production dropped slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Cash Register Exports

Exports in ASEAN

In 2022, shipments abroad of cash registers increased by X% to X units, rising for the second year in a row after four years of decline. Over the period under review, exports, however, recorded a abrupt decrease. The volume of export peaked at X units in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, cash register exports expanded modestly to $X in 2022. Overall, exports, however, recorded a deep downturn. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Malaysia (X units), Thailand (X units) and Singapore (X units) represented the main exporter of cash registers in ASEAN, creating X% of total export. It was distantly followed by Vietnam (X units), constituting an X% share of total exports. Indonesia (X units) held a relatively small share of total exports.

From 2012 to 2022, the biggest increases were recorded for Vietnam (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Vietnam ($X) remains the largest cash register supplier in ASEAN, comprising X% of total exports. The second position in the ranking was held by Singapore ($X), with a X% share of total exports. It was followed by Thailand, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Vietnam totaled X%. In the other countries, the average annual rates were as follows: Singapore (X% per year) and Thailand (X% per year).

Export Prices by Country

In 2022, the export price in ASEAN amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price, however, showed a tangible increase. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2021, and then fell significantly in the following year.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (X%), while the other leaders experienced a decline in the export price figures.

Cash Register Imports

Imports in ASEAN

In 2022, purchases abroad of cash registers was finally on the rise to reach X units for the first time since 2017, thus ending a four-year declining trend. In general, imports, however, continue to indicate a deep downturn. The volume of import peaked at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, cash register imports surged to $X in 2022. Overall, imports, however, continue to indicate a noticeable shrinkage. The level of import peaked at $X in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Singapore (X units) and Indonesia (X units) were the main importers of cash registers in ASEAN, together amounting to near X% of total imports. Thailand (X units) held the next position in the ranking, followed by Malaysia (X units). All these countries together held near X% share of total imports. The following importers - Vietnam (X units) and the Philippines (X units) - together made up X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Vietnam (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Indonesia ($X) constitutes the largest market for imported cash registers in ASEAN, comprising X% of total imports. The second position in the ranking was held by Thailand ($X), with a X% share of total imports. It was followed by Singapore, with a X% share.

In Indonesia, cash register imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Thailand (X% per year) and Singapore (X% per year).

Import Prices by Country

The import price in ASEAN stood at $X per unit in 2022, rising by X% against the previous year. Import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, cash register import price increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2018 when the import price increased by X%. The level of import peaked in 2022 and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the Philippines ($X per unit), while Singapore ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Malaysia (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :