EU: Cash Register Market 2022

Cash Register Market Size in the EU

In 2021, the EU cash register market decreased by -X% to $X, falling for the third consecutive year after three years of growth. The total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -X% against 2018 indices. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a somewhat lower figure.

Cash Register Production in the EU

In value terms, cash register production dropped modestly to $X in 2021 estimated in export price. In general, production showed buoyant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Cash Register Exports

Exports in the EU

In 2021, shipments abroad of cash registers increased by X% to X units, rising for the fifth year in a row after two years of decline. In general, exports showed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. The volume of export peaked in 2021 and is expected to retain growth in the immediate term.

In value terms, cash register exports surged to $X in 2021. Over the period under review, exports enjoyed a remarkable increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Germany (X units) and the Netherlands (X units) represented roughly X% of total exports in 2021. Hungary (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Poland (X%). The following exporters - Italy (X units), France (X units), Denmark (X units), Bulgaria (X units) and Romania (X units) - together made up X% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Romania (with a CAGR of +X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest cash register supplying countries in the European Union were Hungary ($X), Germany ($X) and the Netherlands ($X), together accounting for X% of total exports. France, Poland, Italy, Bulgaria, Denmark and Romania lagged somewhat behind, together comprising a further X, with a CAGR of +X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the export price in the European Union amounted to $X per unit, which is down by -X% against the previous year. Overall, the export price recorded a drastic downturn. The pace of growth appeared the most rapid in 2015 an increase of X%. Over the period under review, the export prices hit record highs at $X per unit in 2016; however, from 2017 to 2021, the export prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was Hungary ($X per unit), while Romania ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+X%), while the other leaders experienced a decline in the export price figures.

Cash Register Imports

Imports in the EU

In 2021, imports of cash registers in the European Union surged to X units, increasing by X% on 2020 figures. Total imports indicated a strong expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +X% against 2012 indices. The pace of growth was the most pronounced in 2017 when imports increased by X%. Over the period under review, imports attained the maximum in 2021 and are likely to continue growth in the immediate term.

In value terms, cash register imports expanded rapidly to $X in 2021. The total import value increased at an average annual rate of +X% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in years to come.

Imports by Country

The Netherlands (X units), Italy (X units), France (X units), Poland (X units), Germany (X units) and Spain (X units) represented roughly X% of total imports in 2021. Belgium (X units) held a minor share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest cash register importing markets in the European Union were Italy ($X), France ($X) and the Netherlands ($X), together comprising X% of total imports.

The Netherlands, with a CAGR of +X%, recorded the highest growth rate of 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 2021, the import price in the European Union amounted to $X per unit, reducing by -X% against the previous year. In general, the import price showed a noticeable decrease. The most prominent rate of growth was recorded in 2014 when the import price increased by X% against the previous year. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per unit), while Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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