Malta: Cash Register Market 2020

Cash Register Market Size in Malta

The revenue of the cash register market in Malta amounted to $X in 2018, picking up by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, cash register consumption continues to indicate a drastic setback. The growth pace was the most rapid in 2012 when the market value increased by X% year-to-year. Over the period under review, the cash register market reached its peak figure level at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Cash Register Exports

Exports from Malta

In 2018, approx. X units of cash registers were exported from Malta; going down by -X% against the previous year. Overall, cash register exports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. In that year, cash register exports reached their peak of X units. From 2011 to 2018, the growth of cash register exports remained at a somewhat lower figure.

In value terms, cash register exports totaled $X in 2018. Overall, cash register exports continue to indicate extraordinary growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, cash register exports reached their peak figure in 2018 and are likely to see steady growth in the near future.

Exports by Country

In 2018, China (X units) represented the main exporter of cash registers, mixing up X% of total exports. It was distantly followed by Vietnam (X units), Malaysia (X units) and Singapore (X units), together comprising a X% share of total exports. The following exporters - Taiwan, Chinese (X units) and Indonesia (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to cash register exports from China stood at +X%. At the same time, Vietnam (+X%), Malaysia (+X%), Taiwan, Chinese (+X%), Singapore (+X%) and Indonesia (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of China, Vietnam, Malaysia, Singapore and Taiwan, Chinese increased by +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, cash register exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Vietnam (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

The cash register export price in Malta stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the cash register export price continues to indicate outstanding growth. The growth pace was the most rapid in 2017 when the export price increased by X% year-to-year. Malta export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Indonesia ($X per unit), while Malaysia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Indonesia, while the other leaders experienced a decline in the export price figures.

Cash Register Imports

Imports into Malta

In 2018, approx. X units of cash registers were imported into Malta; waning by -X% against the previous year. Over the period under review, cash register imports continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2012 with an increase of X% against the previous year. Malta imports peaked at X units in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, cash register imports stood at $X in 2018. Overall, cash register imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2012 with an increase of X% year-to-year. Over the period under review, cash register imports attained their maximum at $X in 2013; however, from 2014 to 2018, imports remained at a lower figure.

Imports by Country

The imports of the three major importers of cash registers, namely the U.S., India and Singapore, represented more than third of total import. Italy (X units) held the next position in the ranking, followed by the UK (X units) and Russia (X units). All these countries together took approx. X% share of total imports. The following importers - the Netherlands (X units), China, Hong Kong SAR (X units), Japan (X units), Germany (X units), Greece (X units) and France (X units) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Russia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported cash registers into Malta, comprising X% of global imports. The second position in the ranking was occupied by India ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. In the other countries, the average annual rates were as follows: India (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2018, the cash register import price in Malta amounted to $X per unit, going up by X% against the previous year. In general, the cash register import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2010 when the import price increased by X% y-o-y. Malta import price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was France ($X per unit), while Greece ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by France, while the other leaders experienced mixed trends in the import price figures.

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Source: IndexBox Platform