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

Cyprus: Cash Register Market Overview 2019

Cash Register Market Size in Cyprus

The revenue of the cash register market in Cyprus amounted to $X in 2017, shrinking by -X% against the previous year. Overall, cash register consumption continues to indicate a drastic slump. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, the cash register market reached its peak level of $X. From 2012 to 2017, the growth of the cash register market remained at a lower figure.

Cash Register Production in Cyprus

In value terms, cash register production totaled $X in 2017 estimated in export prices. Over the period under review, cash register production continues to indicate a relatively flat trend pattern. Over the period under review, cash register production reached its maximum level in 2017, and is likely to see steady growth in the near future.

Cash Register Exports

Exports from Cyprus

In 2017, the amount of cash registers exported from Cyprus amounted to X units, going up by X% against the previous year. In general, cash register exports, however, continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2017, when exports increased by X% against the previous year. Over the period under review, cash register exports reached their peak figure at X units in 2007; however, from 2008 to 2017, exports failed to regain their momentum.

In value terms, cash register exports totaled $X in 2017. In general, cash register exports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2017, when exports increased by X% y-o-y. In that year, cash register exports reached their peak , and are likely to continue its growth in the immediate term.

Exports by Country

China represented the major exporting country with an export of about X units, which resulted at X% of total exports. Malaysia (X units) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Singapore (X%). The U.S. (X units), Taiwan, Chinese (X units), Italy (X units) and South Korea (X units) took a little share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2017. At the same time, Malaysia (+X%), Italy (+X%), Taiwan, Chinese (+X%) and Singapore (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2017. By contrast, the U.S. (-X%) and South Korea (-X%) illustrated a downward trend over the same period. While the share of South Korea (X%) increased significantly in terms of the global exports from 2007-2017, the share of Italy (-X%), Taiwan, Chinese (-X%), Singapore (-X%), Malaysia (-X%) and China (-X%) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest cash register supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

In China, cash register exports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: the U.S. (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The cash register export price in Cyprus stood at $X per unit in 2017, picking up by X% against the previous year. Overall, the cash register export price continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2017, an increase of X% y-o-y. In that year, the export prices for cash registers reached their peak level, and is likely to continue its growth in the immediate term.

Export prices varied noticeably by the country of origin; the country with the highest export price was the U.S. ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by South Korea, while the other leaders experienced mixed trends in the export price figures.

Cash Register Imports

Imports into Cyprus

Cash register imports into Cyprus totaled X units in 2017, lowering by -X% against the previous year. Over the period under review, cash register imports continue to indicate a mild downturn. The pace of growth appeared the most rapid in 2011, with an increase of X% y-o-y. In that year, cash register imports attained their peak of X units. From 2012 to 2017, the growth of cash register imports failed to regain its momentum.

In value terms, cash register imports totaled $X in 2017. In general, cash register imports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. In that year, cash register imports reached their peak of $X. From 2012 to 2017, the growth of cash register imports remained at a lower figure.

Imports by Country

In 2017, the U.S. (X units) and Singapore (X units) were the main importers of cash registers across the globe, together comprising X% of total imports. Italy (X units) ranks next in terms of the total imports with a X% share, followed by the UK (X%). Russia (X units), India (X units), China, Hong Kong SAR (X units), Japan (X units), Germany (X units), Iran (X units), Turkey (X units) and France (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by India, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported cash registers into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. amounted to -X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and the UK (-X% per year).

Import Prices by Country

The cash register import price in Cyprus stood at $X per unit in 2017, lowering by -X% against the previous year. In general, the cash register import price continues to indicate a deep drop. The most prominent rate of growth was recorded in 2011, when the import price increased by X% against the previous year. In that year, the import prices for cash registers attained their peak level of $X per unit. From 2012 to 2017, the growth in terms of the import prices for cash registers failed to regain its momentum.

Import prices varied noticeably by the country of destination; the country with the highest import price was France ($X per unit), while Singapore ($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 France, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform