Latin America and the Caribbean: Accounting Machine Market 2020

Accounting Machine Market Size in Latin America and the Caribbean

The revenue of the accounting machine market in Latin America and the Caribbean amounted to $X in 2017, approximately reflecting the previous year. The accounting machine consumption continues to indicate a moderate decline. The most prominent rate of growth was recorded in 2013, when market value increased by X% y-o-y. Over the period under review, the accounting machine market reached its maximum level of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Accounting Machine Production in Latin America and the Caribbean

The accounting machine production stood at X units in 2017, going up by X% against the previous year. The total output volume increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations in certain years. The most prominent rate of growth was recorded in 2010, with an increase of X% year-to-year. The volume of accounting machine production peaked in 2017, and is likely to see steady growth in the near future.

Accounting Machine Exports in Latin America and the Caribbean

In 2017, accounting machine exports in Latin America and the Caribbean amounted to X units, jumping by X% against the previous year. The accounting machine exports continue to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2012, with an increase of X% y-o-y. Over the period under review, the accounting machine exports reached its maximum volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, accounting machine exports amounted to $X in 2017. The accounting machine exports continue to indicate an abrupt decrease. Over the period under review, the accounting machine exports attained its peak figure level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Accounting Machine Exports by Country in Latin America and the Caribbean

Mexico (X units) and Brazil (X units) dominates accounting machine exports structure, together mixed up X% of total exports. It was distantly followed by Trinidad and Tobago (X units), constituting X% share of total exports. Bahamas (X units) followed a long way behind the leaders.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Bahamas (+X% per year), while the other leaders experienced mixed trends in the exports figures.

In value terms, Mexico ($X), Brazil ($X) and Trinidad and Tobago ($X) appeared to be the countries with the highest levels of exports in 2017, with a combined X% share of total exports. These countries were followed by Bahamas, which accounted for a further X%.

Bahamas (+X% per year) recorded the highest growth rate of exports, in terms of the main exporting countries over the last decade, while the other leaders experienced a decline in the exports figures.

Accounting Machine Export Prices by Country in Latin America and the Caribbean

In 2017, the accounting machine export price in Latin America and the Caribbean amounted to $X per unit, falling by -X% against the previous year. The accounting machine export price continues to indicate a deep decline. The most prominent rate of growth was recorded in 2009, an increase of X% year-to-year. Over the period under review, the export prices for accounting machines, cash registers and postage-franking machines reached its peak figure level of $X per unit in 2010; however, from 2011 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was Mexico ($X per unit), while Trinidad and Tobago ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by Brazil (-X% per year), while the other leaders experienced a decline in the export price figures.

Accounting Machine Imports in Latin America and the Caribbean

The imports stood at X units in 2017, shrinking by -X% against the previous year. The accounting machine imports continue to indicate a deep downturn. The growth pace was the most rapid in 2017, with an increase of -X% year-to-year. Over the period under review, the accounting machine imports reached its peak figure volume of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, accounting machine imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. Over the period under review, the accounting machine imports reached its peak figure level of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Accounting Machine Imports by Country in Latin America and the Caribbean

Brazil prevails in accounting machine imports structure, recording X units, which was near X% of total imports in 2017. Chile (X units), Mexico (X units), Argentina (X units), Peru (X units) and Ecuador (X units) occupied the weak share of total imports.

From 2007 to 2017, average annual rates of growth with regard to accounting machine imports into Brazil stood at -X%. At the same time, Peru (+X%), Chile (+X%), Ecuador (+X%) and Argentina (+X%) displayed positive paces of growth. Moreover, Peru emerged as the fastest growing importer in Latin America and the Caribbean, with a CAGR of +X% from 2007-2017. Mexico experienced a relatively flat trend pattern. From 2007 to 2017, the share of Brazil increased by X% percentage points, while Chile (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($X) constitutes the largest market for imported accounting machines, cash registers and postage-franking machines in Latin America and the Caribbean, making up X% of global imports. The second position in the ranking was occupied by Chile ($X), with a X% share of global imports. It was followed by Argentina, with a X% share.

In Mexico, accounting machine imports increased at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Chile (+X% per year) and Argentina (+X% per year).

Accounting Machine Import Prices by Country in Latin America and the Caribbean

In 2017, the accounting machine import price in Latin America and the Caribbean amounted to $X per unit, rising by X% against the previous year. The accounting machine import price continues to indicate an outstanding increase. The most prominent rate of growth was recorded in 2010, when the import prices increased by X% year-to-year. The level of import price peaked in 2017, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was Mexico ($X per unit), while Brazil ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Brazil (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform