Feb 1, 2019

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

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Hungary: Cash Register Market Overview 2019

Cash Register Market Size in Hungary

The revenue of the cash register market in Hungary amounted to $X in 2017, growing by X% against the previous year. Over the period under review, cash register consumption, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2012, when the market value increased by X% against the previous year. Over the period under review, the cash register market reached its peak figure level at $X in 2014; however, from 2015 to 2017, consumption remained at a lower figure.

Cash Register Production in Hungary

In value terms, cash register production stood at $X in 2017 estimated in export prices. Over the period under review, cash register production continues to indicate a prominent increase. The pace of growth was the most pronounced in 2012, when the output figure increased by X% y-o-y. Over the period under review, cash register production attained its peak figure level at $X in 2016, and then declined slightly in the following year.

Cash Register Exports

Exports from Hungary

In 2017, the amount of cash registers exported from Hungary totaled X units, surging by X% against the previous year. Over the period under review, cash register exports continue to indicate a skyrocketing growth. The most prominent rate of growth was recorded in 2011, with an increase of X% y-o-y. Over the period under review, cash register exports attained their peak figure in 2017, and are likely to continue its growth in the near future.

In value terms, cash register exports stood at $X in 2017. In general, cash register exports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Exports peaked in 2017, and are likely to see steady growth in the immediate term.

Exports by Country

The UK (X units), the U.S. (X units) and Australia (X units) were the main destinations of cash register exports from Hungary, with a combined X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), the UK ($X) and Australia ($X) were the largest markets for cash register exported from Hungary worldwide, together accounting for X% of total exports.

The U.S. (+X% per year) recorded the highest rates of growth with regard to exports, among the main countries of destination over the last decade, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2017, the average cash register export price amounted to $X per unit, declining by -X% against the previous year. Overall, the cash register export price continues to indicate a moderate decrease. The most prominent rate of growth was recorded in 2010, an increase of X% against the previous year. Over the period under review, the average export prices for cash registers reached their maximum at $X per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was the U.S. ($X per unit), while the average price for exports to Saudi Arabia ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Austria, while the export prices for the other major destinations experienced mixed trend patterns.

Cash Register Imports

Imports into Hungary

Cash register imports into Hungary stood at X units in 2017, rising by X% against the previous year. Over the period under review, cash register imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014, when imports increased by X% year-to-year. Over the period under review, cash register imports attained their peak figure at X units in 2008; however, from 2009 to 2017, imports stood at a somewhat lower figure.

In value terms, cash register imports amounted to $X in 2017. Over the period under review, cash register imports continue to indicate a strong increase. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. In that year, cash register imports attained their peak of $X. From 2015 to 2017, the growth of cash register imports failed to regain its momentum.

Imports by Country

In 2017, Singapore (X units) constituted the largest supplier of cash register to Hungary, accounting for a X% share of total imports. Moreover, cash register imports from Singapore exceeded the figures recorded by the second largest supplier, China, Hong Kong SAR (X units), threefold. The third position in this ranking was occupied by the U.S. (X units), with a X% share.

From 2007 to 2017, the average annual growth rate of volume from Singapore stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and the U.S. (+X% per year).

In value terms, Singapore ($X), the U.S. ($X) and Tunisia ($X) were the largest cash register suppliers to Hungary, together accounting for X% of total imports.

The U.S. (+X% per year) experienced the highest rates of growth with regard to imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average cash register import price amounted to $X per unit, stabilizing at the previous year. In general, the cash register import price, however, continues to indicate a strong increase. The pace of growth appeared the most rapid in 2011, an increase of X% against the previous year. Import price peaked at $X per unit in 2015; however, from 2016 to 2017, import prices stood at a somewhat lower figure.

Import prices varied noticeably by the country of origin; the country with the highest import price was the U.S. ($X per unit), while the price for China, Hong Kong SAR ($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 the U.S., while the import prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28231300 - Accounting machines, cash registers, postage-franking machines, ticket-issuing machines and similar machines, i ncorporating a calculating device

This report provides an in-depth analysis of the cash register market in Hungary. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Hungary

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Hungary
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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