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

Estonia: Cash Register Market Overview 2019

Cash Register Market Size in Estonia

The revenue of the cash register market in Estonia amounted to $X in 2017, shrinking by -X% against the previous year. Over the period under review, cash register consumption continues to indicate an abrupt shrinkage. The pace of growth was the most pronounced in 2015, when the market value increased by X% y-o-y. Estonia cash register consumption peaked at $X in 2008; however, from 2009 to 2017, consumption failed to regain its momentum.

Cash Register Production in Estonia

In value terms, cash register production stood at $X in 2017 estimated in export prices. In general, cash register production continues to indicate a drastic drop. The most prominent rate of growth was recorded in 2012, with an increase of X% against the previous year. Estonia cash register production peaked at $X in 2007; however, from 2008 to 2017, production failed to regain its momentum.

Cash Register Exports

Exports from Estonia

In 2017, approx. X units of cash registers were exported from Estonia; jumping by X% against the previous year. Over the period under review, cash register exports continue to indicate an outstanding increase. The pace of growth appeared the most rapid in 2013, when exports increased by X% against the previous year. Estonia exports peaked in 2017, and are likely to continue its growth in the immediate term.

In value terms, cash register exports stood at $X in 2017. Overall, cash register exports continue to indicate a remarkable growth. The most prominent rate of growth was recorded in 2013, with an increase of X% y-o-y. In that year, cash register exports reached their peak of $X. From 2014 to 2017, the growth of cash register exports failed to regain its momentum.

Exports by Country

China represented the key exporting country with an export of about X units, which finished at X% of total exports. Malaysia (X units) ranks second in terms of the total exports with a X% share, followed by Singapore (X%). The following exporters - the U.S. (X units), Taiwan, Chinese (X units), Italy (X units) and South Korea (X units) - together made up X% 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. From 2007 to 2017, the share of South Korea increased by X% percentage points, while Italy (-X%), Taiwan, Chinese (-X%), Singapore (-X%), Malaysia (-X%) and China (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2017, the average annual growth rate of value in China stood at +X%. 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 Estonia stood at $X per unit in 2017, reducing by -X% against the previous year. Over the period under review, the cash register export price continues to indicate a drastic drop. The pace of growth appeared the most rapid in 2012, an increase of X% against the previous year. In that year, the export prices for cash registers reached their peak level of $X per unit. From 2013 to 2017, the growth in terms of the export prices for cash registers remained at a somewhat lower figure.

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 Estonia

In 2017, approx. X units of cash registers were imported into Estonia; declining by -X% against the previous year. Overall, cash register imports continue to indicate a drastic slump. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. Estonia imports peaked at X units in 2008; however, from 2009 to 2017, imports stood at a somewhat lower figure.

In value terms, cash register imports totaled $X in 2017. Over the period under review, cash register imports continue to indicate a noticeable setback. The most prominent rate of growth was recorded in 2015, when imports increased by X% year-to-year. Over the period under review, cash register imports reached their peak figure at $X in 2008; however, from 2009 to 2017, imports remained at a lower figure.

Imports by Country

The U.S. (X units) and Singapore (X units) represented roughly X% of total imports of cash registers in 2017. Italy (X units) took a X% share (based on tonnes) of total imports, which put it in second place, 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. ($X) constitutes the largest market for imported cash registers into Estonia, comprising X% of global imports. The second position in the ranking was occupied by Japan ($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 growth rate of value in the U.S. amounted to -X%. In the other countries, the average annual rates were as follows: Japan (+X% per year) and the UK (-X% per year).

Import Prices by Country

The cash register import price in Estonia stood at $X per unit in 2017, flattening at the previous year. In general, the import price indicated a measured growth from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2017 figures, the cash register import price decreased by -X% against 2015 indices. 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 reached 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.

There were significant differences in the average import prices amongst the major importing countries. In 2017, 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