Eastern Europe: Cash Register Market 2024

Cash Register Market Size in Eastern Europe

In 2022, the East European cash register market increased by X% to $X, rising for the second year in a row after two years of decline. In general, consumption showed a prominent expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Cash Register Production in Eastern Europe

In value terms, cash register production soared to $X in 2022 estimated in export price. Overall, production enjoyed a resilient expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Cash Register Exports

Exports in Eastern Europe

Cash register exports totaled X units in 2022, therefore, remained relatively stable against the previous year. Overall, exports posted a prominent increase. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, cash register exports totaled $X in 2022. In general, exports recorded resilient growth. The pace of growth was the most pronounced in 2014 when exports increased by X%. The level of export peaked in 2022 and is likely to continue growth in years to come.

Exports by Country

Hungary (X units) and Bulgaria (X units) represented the largest exporters of cash registers in 2022, resulting at approx. X% and X% of total exports, respectively. Romania (X units) ranks next in terms of the total exports with a X% share, followed by Poland (X%) and Slovakia (X%). The following exporters - the Czech Republic (X units) and Russia (X units) - each recorded a X% share of total exports.

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

In value terms, Hungary ($X) remains the largest cash register supplier in Eastern Europe, comprising X% of total exports. The second position in the ranking was taken by Bulgaria ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2012 to 2022, the average annual growth rate of value in Hungary stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Bulgaria (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the export price in Eastern Europe amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, recorded a pronounced contraction. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per unit), while Romania ($X per unit) was amongst the lowest.

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

Cash Register Imports

Imports in Eastern Europe

In 2022, cash register imports in Eastern Europe dropped modestly to X units, waning by X% against the year before. In general, imports, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cash register imports rose to $X in 2022. Overall, imports, however, continue to indicate a strong increase. The growth pace was the most rapid in 2014 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

Russia represented the key importer of cash registers in Eastern Europe, with the volume of imports finishing at X units, which was approx. X% of total imports in 2022. Poland (X units) held the second position in the ranking, distantly followed by Hungary (X units), Romania (X units) and Slovakia (X units). All these countries together held approx. X% share of total imports. The Czech Republic (X units) and Ukraine (X units) held a relatively small share of total imports.

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

In value terms, the largest cash register importing markets in Eastern Europe were Poland ($X), Russia ($X) and Hungary ($X), with a combined X% share of total imports. Slovakia, Romania, the Czech Republic and Ukraine lagged somewhat behind, together accounting for a further X%.

Slovakia, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Eastern Europe amounted to $X per unit, with an increase of X% against the previous year. Overall, the import price, however, continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Slovakia ($X per unit), while Russia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :