Brazil: Cash Register Market 2024

Cash Register Market Size in Brazil

The Brazilian cash register market declined dramatically to $X in 2022, which is down by X% against the previous year. Overall, consumption faced a abrupt slump. Cash register consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cash Register Production in Brazil

In value terms, cash register production reduced to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

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Cash Register Exports

Exports from Brazil

In 2022, overseas shipments of cash registers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, exports enjoyed a strong increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, cash register exports skyrocketed to $X in 2022. In general, exports enjoyed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), Mexico (X units) and France (X units) were the main destinations of cash register exports from Brazil, together accounting for X% of total exports. Canada, Chile, Argentina, Uruguay, the UK, Saudi Arabia, Guatemala, Colombia, Peru and Costa Rica lagged somewhat behind, together accounting for a further X%.

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

In value terms, the United States ($X), Mexico ($X) and France ($X) were the largest markets for cash register exported from Brazil worldwide, together comprising X% of total exports. Canada, Chile, Argentina, Uruguay, Peru, the UK, Guatemala, Colombia, Saudi Arabia and Costa Rica lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cash register export price stood at $X per unit in 2022, surging by X% against the previous year. Overall, the export price, however, saw a pronounced decline. The export price peaked at $X per unit in 2016; however, from 2017 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 Peru ($X per unit), while the average price for exports to Saudi Arabia ($X 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 Canada (X%), while the prices for the other major destinations experienced a decline.

Cash Register Imports

Imports into Brazil

In 2022, overseas purchases of cash registers increased by X% to X units, rising for the second consecutive year after two years of decline. Overall, imports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports attained the maximum at X units in 2016; however, from 2017 to 2022, imports failed to regain momentum.

In value terms, cash register imports soared to $X in 2022. Over the period under review, imports posted a strong expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) was the main supplier of cash register to Brazil, with a X% share of total imports. It was followed by Malaysia (X units), with a X% share of total imports. The third position in this ranking was taken by Vietnam (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

In value terms, China ($X) constituted the largest supplier of cash registers to Brazil, comprising X% of total imports. The second position in the ranking was held by Malaysia ($X), with a X% share of total imports. It was followed by Vietnam, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Vietnam (X% per year).

Import Prices by Country

The average cash register import price stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price faced a deep contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Bulgaria (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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