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

Bulgaria: Cash Register Market Overview 2019

Cash Register Market Size in Bulgaria

The revenue of the cash register market in Bulgaria amounted to $X in 2017, reducing by -X% against the previous year. Over the period under review, cash register consumption, however, continues to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2016, when the market value increased by X% year-to-year. Cash register consumption peaked at $X in 2011; however, from 2012 to 2017, consumption stood at a somewhat lower figure.

Cash Register Production in Bulgaria

In value terms, cash register production amounted to $X in 2017 estimated in export prices. The total output value increased at an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2010, when the output figure increased by X% against the previous year. Over the period under review, cash register production reached its peak figure level at $X in 2011; however, from 2012 to 2017, production stood at a somewhat lower figure.

Cash Register Exports

Exports from Bulgaria

In 2017, approx. X units of cash registers were exported from Bulgaria; increasing by X% against the previous year. Overall, cash register exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2010, when exports increased by X% y-o-y. Over the period under review, cash register exports reached their peak figure at X units in 2015; however, from 2016 to 2017, exports remained at a lower figure.

In value terms, cash register exports stood at $X in 2017. In general, cash register exports continue to indicate a prominent growth. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. Over the period under review, cash register exports attained their peak figure at $X in 2015; however, from 2016 to 2017, exports stood at a somewhat lower figure.

Exports by Country

Romania (X units) was the main destination for cash register exports from Bulgaria, accounting for a X% share of total exports. Moreover, cash register exports to Romania exceeded the volume sent to the second major destination, Tanzania (X units), twofold. The third position in this ranking was occupied by Greece (X units), with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Romania amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tanzania (+X% per year) and Greece (+X% per year).

In value terms, the largest markets for cash register exported from Bulgaria were Romania ($X), Tanzania ($X) and Greece ($X), together accounting for X% of total exports. These countries were followed by Turkey, Georgia, Ethiopia, the Czech Republic, Serbia, Moldova, Kenya, Poland and Brazil, which together accounted for a further X Czech Republic (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last decade, while 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 2017, going down by -X% against the previous year. Over the period under review, the cash register export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013, when the average export price increased by X% year-to-year. Over the period under review, the average export prices for cash registers reached their peak figure at $X per unit in 2011; however, from 2012 to 2017, export prices remained at a lower figure.

Export prices varied noticeably by the country of destination; the country with the highest export price was Turkey ($X per unit), while the average price for exports to Brazil ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Turkey, while the export prices for the other major destinations experienced more modest paces of growth.

Cash Register Imports

Imports into Bulgaria

Cash register imports into Bulgaria amounted to X units in 2017, surging by X% against the previous year. Overall, cash register imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. In that year, cash register imports reached their peak of X units. From 2013 to 2017, the growth of cash register imports remained at a somewhat lower figure.

In value terms, cash register imports stood at $X in 2017. Over the period under review, cash register imports continue to indicate a strong growth. The growth pace was the most rapid in 2012, when imports increased by X% against the previous year. Over the period under review, cash register imports attained their peak figure at $X in 2015; however, from 2016 to 2017, imports stood at a somewhat lower figure.

Imports by Country

Singapore (X units), China, Hong Kong SAR (X units) and China (X units) were the main suppliers of cash register imports to Bulgaria, with a combined X% share of total imports. Malaysia, the U.S. and Israel lagged somewhat behind, together comprising a further X 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Singapore ($X), China, Hong Kong SAR ($X) and China ($X) constituted the largest cash register suppliers to Bulgaria, together accounting for X% of total imports. Malaysia, the U.S. and Israel lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to imports, in terms of the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cash register import price stood at $X per unit in 2017, going down by -X% against the previous year. In general, the cash register import price continues to indicate a measured setback. The pace of growth appeared the most rapid in 2014, an increase of X% against the previous year. Over the period under review, the average import prices for cash registers attained their maximum at $X per unit in 2011; however, from 2012 to 2017, import prices stood at a somewhat lower figure.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Malaysia ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Israel, while the import prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform