Canada: Cash Register Market 2022

Cash Register Market Size in Canada

The Canadian cash register market soared to $X in 2021, picking up by X% against the previous year. In general, consumption continues to indicate a strong increase. Cash register consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Cash Register Production in Canada

In value terms, cash register production surged to $X in 2021 estimated in export price. Overall, production enjoyed a significant expansion. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. Cash register production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Cash Register Exports

Exports from Canada

In 2021, the amount of cash registers exported from Canada soared to X units, with an increase of X% on the previous year's figure. In general, exports, however, showed a mild shrinkage. The pace of growth appeared the most rapid in 2015 with an increase of X%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, cash register exports soared to $X in 2021. Overall, exports, however, saw a noticeable descent. The pace of growth was the most pronounced in 2015 when exports increased by X%. As a result, the exports reached the peak of $X. From 2016 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for cash register exports from Canada, with a X% share of total exports. It was followed by Cuba (X units), with a X% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to the United States was relatively modest.

In value terms, the United States ($X) remains the key foreign market for cash register exports from Canada, comprising X% of total exports. The second position in the ranking was held by Cuba ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States stood at -X%.

Export Prices by Country

The average cash register export price stood at $X per unit in 2021, remaining relatively unchanged against the previous year. In general, the export price showed a pronounced reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by X%. Over the period under review, the average export prices reached the maximum at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Cuba ($X per unit), while the average price for exports to the United States totaled $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cuba (-X%).

Cash Register Imports

Imports into Canada

In 2021, imports of cash registers into Canada reduced remarkably to X units, declining by -X% against the previous year's figure. Over the period under review, imports, however, continue to indicate a tangible expansion. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2020, and then contracted sharply in the following year.

In value terms, cash register imports expanded sharply to $X in 2021. In general, total imports indicated a moderate increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2016 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

China (X units), Vietnam (X units) and the United States (X units) were the main suppliers of cash register imports to Canada, with a combined X% share of total imports. Brazil, Taiwan (Chinese), Mexico and Indonesia lagged somewhat behind, together accounting for a further X 2012 to 2021, the biggest increases were in Brazil (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Mexico ($X) and the United States ($X) constituted the largest cash register suppliers to Canada, with a combined X% share of total imports.

Mexico, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for 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 2021, increasing by X% against the previous year. Over the period under review, the import price, however, recorded a mild downturn. The import price peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Mexico ($X per unit), while the price for Brazil ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Mexico (+X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Market Intelligence Platform

Frequently Asked Questions (FAQ) :