Middle East: Accounting Machine Market 2020

Accounting Machine Market Size in Middle East

The revenue of the accounting machine market in Middle East amounted to $X in 2017, going down by -X% against the previous year. The accounting machine consumption continues to indicate a strong growth. The pace of growth appeared the most rapid in 2016, with an increase of X% against the previous year. In that year, the accounting machine market attained their peak level of $X, and then declined slightly in the following year.

Accounting Machine Production in Middle East

In 2017, approx. X units of accounting machines, cash registers and postage-franking machines were produced in Middle East; growing by X% against the previous year. The accounting machine production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015, when the output figure increased by X% year-to-year. Over the period under review, the accounting machine production reached its peak figure volume in 2017, and is likely to continue its growth in the immediate term.

Accounting Machine Exports in Middle East

The exports stood at X units in 2017, jumping by X% against the previous year. The accounting machine exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2017, when it surged by X% y-o-y. In that year, the accounting machine exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, accounting machine exports totaled $X in 2017. The accounting machine exports continue to indicate a prominent increase. In that year, the accounting machine exports attained their peak level, and are likely to continue its growth in the immediate term.

Accounting Machine Exports by Country in Middle East

In 2017, Turkey (X units) represented the main exporter for accounting machines, cash registers and postage-franking machines, mixed up X% of total exports. It was distantly followed by Israel (X units) and the United Arab Emirates (X units), together comprising X% share of total exports. Syrian Arab Republic (X units) took the weak share of total exports.

Exports from Turkey increased at an average annual rate of +X% from 2007 to 2017. At the same time, Syrian Arab Republic (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Syrian Arab Republic emerged as the fastest growing exporter in Middle East, with a CAGR of +X% from 2007-2017. By contrast, Israel (-X%) illustrated a downward trend over the same period. While the share of Israel (X%) increased significantly in terms of the global exports from 2007-2017, the share of Syrian Arab Republic (-X%), the United Arab Emirates (-X%) and Turkey (-X%) displayed negative dynamics.

In value terms, Turkey ($X) remains the largest accounting machine supplier in Middle East, making up X% of global exports. The second position in the ranking was occupied by the United Arab Emirates ($X), with a X% share of global exports. It was followed by Syrian Arab Republic, with a X% share.

In Turkey, accounting machine exports 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: the United Arab Emirates (+X% per year) and Syrian Arab Republic (+X% per year).

Accounting Machine Export Prices by Country in Middle East

In 2017, the accounting machine export price in Middle East amounted to $X per unit, declining by -X% against the previous year. The accounting machine export price continues to indicate a remarkable growth. The growth pace was the most rapid in 2009, when the export prices increased by X% against the previous year. The level of export price peaked of $X per unit in 2016, and then declined slightly in the following year.

There were significant differences in the average export prices amongst the major exporting countries. In 2017, the country with the highest export price was Syrian Arab Republic ($X per unit), while Turkey ($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 Israel (+X% per year), while the other leaders experienced a decline in the export price figures.

Accounting Machine Imports in Middle East

The imports totaled X units in 2017, waning by -X% against the previous year. The accounting machine imports continue to indicate an abrupt downturn. The growth pace was the most rapid in 2014, when it surged by X% y-o-y. Over the period under review, the accounting machine imports reached its peak figure volume of X units in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, accounting machine imports stood at $X in 2017. The total imports indicated a temperate increase from 2007 to 2017: its value decreased at an average annual rate of -X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. In that year, the accounting machine imports reached their peak level of $X, and then declined slightly in the following year.

Accounting Machine Imports by Country in Middle East

In 2017, Iran (X units) and Turkey (X units) were the key importers of accounting machines, cash registers and postage-franking machines in the globe, together committing X% of total imports. It was distantly followed by Saudi Arabia (X units), the United Arab Emirates (X units) and Lebanon (X units), together constituting X% share of total imports. Syrian Arab Republic (X units) and Kuwait (X units) occupied the mild share of total imports.

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

In value terms, Turkey ($X), Iran ($X) and the United Arab Emirates ($X) constituted the countries with the highest levels of imports in 2017, together comprising X% of total imports.

Iran (+X% per year) recorded the highest growth rate of imports, among the main importing countries over the last decade, while the other leaders experienced more modest paces of growth.

Accounting Machine Import Prices by Country in Middle East

In 2017, the accounting machine import price in Middle East amounted to $X per unit, rising by X% against the previous year. The import price indicated a remarkable increase 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 throughout the analyzed period. Based on 2017 figures, the accounting machine import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2013, an increase of X% year-to-year. The level of import price peaked in 2017, and is expected to retain its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was the United Arab Emirates ($X per unit), while Syrian Arab Republic ($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 Saudi Arabia (+X% per year), while the other leaders experienced more modest paces of growth.

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Source: IndexBox Platform