Latest Report Update: May 23, 2021

Peru - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Peru: Cash Register Market Overview 2021

Cash Register Market Size in Peru

The Peruvian cash register market declined significantly to $X in 2020, waning 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). Overall, consumption, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the market value increased by X% year-to-year. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Cash Register Exports

Exports from Peru

In 2020, shipments abroad of cash registers decreased by -X% to X units for the first time since 2013, thus ending a six-year rising trend. Overall, exports recorded a noticeable decline. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Exports peaked at X units in 2019, and then contracted sharply in the following year.

In value terms, cash register exports shrank sharply to $X in 2020. In general, exports showed a slight descent. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Exports peaked at $X in 2019, and then reduced rapidly in the following year.

Exports by Country

Colombia (X units), Venezuela (X units) and the U.S. (X units) were the main destinations of cash register exports from Peru, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Venezuela (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Venezuela ($X), Colombia ($X) and Chile ($X) appeared to be the largest markets for cash register exported from Peru worldwide, with a combined X% share of total exports.

Venezuela (+X% per year) recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average cash register export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price continues to indicate notable growth. The pace of growth appeared the most rapid in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per unit in 2011; however, from 2012 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Ecuador ($X per unit), while the average price for exports to Canada ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Venezuela, while the prices for the other major destinations experienced more modest paces of growth.

Cash Register Imports

Imports into Peru

In 2020, approx. X units of cash registers were imported into Peru; declining by -X% against 2019. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when imports increased by X% y-o-y. As a result, imports attained the peak of X units, and then reduced remarkably in the following year.

In value terms, cash register imports shrank markedly to $X in 2020. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X% year-to-year. As a result, imports reached the peak of $X, and then reduced sharply in the following year.

Imports by Country

In 2020, China (X units) constituted the largest supplier of cash register to Peru, accounting for a X% share of total imports. Moreover, cash register imports from China exceeded the figures recorded by the second-largest supplier, Viet Nam (X units), twofold. Mexico (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Viet Nam (+X% per year) and Mexico (+X% per year).

In value terms, the largest cash register suppliers to Peru were China ($X), Viet Nam ($X) and Hungary ($X), with a combined X% share of total imports.

Hungary (+X% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cash register import price stood at $X per unit in 2020, which is down by -X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. As a result, import price attained the peak level of $X per unit. From 2019 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Hungary, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for cash registers in the world?
+
China (8M units) constituted the country with the largest volume of cash register consumption, comprising approx. 19% of total volume. Moreover, cash register consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (3.7M units), twofold. The third position in this ranking was occupied by India (3.1M units), with a 7.4% share.
What are the largest producers of cash registers in the world?
+
The country with the largest volume of cash register production was China (27M units), accounting for 53% of total volume. Moreover, cash register production in China exceeded the figures recorded by the second-largest producer, Viet Nam (4.1M units), sevenfold. The third position in this ranking was occupied by Malaysia (2.5M units), with a 5% share.
What are the leading suppliers of cash registers to Peru?
+
In value terms, China ($5M), Viet Nam ($5M) and Hungary ($820K) constituted the largest cash register suppliers to Peru, together comprising 72% of total imports.
What are the leading importers of cash registers from Peru?
+
In value terms, the largest markets for cash register exported from Peru were Venezuela ($734), Colombia ($535) and Chile ($160), with a combined 86% share of total exports.
What is the average export price for cash registers in Peru?
+
In 2020, the average cash register export price amounted to $169 per unit, surging by 12% against the previous year.
What is the average import price for cash registers in Peru?
+
The average cash register import price stood at $323 per unit in 2020, falling by -13.5% against the previous year.

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 Peru. 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:
• Peru

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Peru
• 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 2030
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 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
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 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
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, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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