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Slovakia - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights
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Slovakia: Cash Register Market Overview 2021

Cash Register Market Size in Slovakia

The Slovak cash register market dropped rapidly to $X in 2020, reducing by -X% against the previous year. In general, consumption, however, saw a pronounced shrinkage. The pace of growth appeared the most rapid in 2008 when the market value increased by X% year-to-year. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2020, consumption stood at a somewhat lower figure.

Cash Register Production in Slovakia

In value terms, cash register production reduced to $X in 2020 estimated in export prices. Overall, production continues to indicate a deep slump. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production failed to regain the momentum.

Cash Register Exports

Exports from Slovakia

In 2020, shipments abroad of cash registers decreased by -X% to X units, falling for the third year in a row after five years of growth. In general, exports faced a abrupt descent. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Exports peaked at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, cash register exports contracted significantly to $X in 2020. Overall, exports saw a abrupt contraction. The growth pace was the most rapid in 2015 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2020, exports remained at a lower figure.

Exports by Country

The Czech Republic (X units) was the main destination for cash register exports from Slovakia, with a X% share of total exports. Moreover, cash register exports to the Czech Republic exceeded the volume sent to the second major destination, Poland (X units), sevenfold. The third position in this ranking was occupied by Hungary (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the Czech Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Hungary (-X% per year).

In value terms, the Czech Republic ($X) emerged as the key foreign market for cash register exports from Slovakia, comprising X% of total exports. The second position in the ranking was occupied by Poland ($X), with a X% share of total exports. It was followed by Hungary, with a X% share.

From 2007 to 2020, the average annual growth rate of value to the Czech Republic amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-X% per year) and Hungary (-X% per year).

Export Prices by Country

The average cash register export price stood at $X per unit in 2020, shrinking by -X% against the previous year. In general, the export price continues to indicate a deep setback. The most prominent rate of growth was recorded in 2014 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Germany ($X per unit), while the average price for exports to the Czech Republic ($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 Germany (+X% per year), while the prices for the other major destinations experienced a decline.

Cash Register Imports

Imports into Slovakia

In 2020, after two years of growth, there was significant decline in purchases abroad of cash registers, when their volume decreased by -X% to X units. Overall, imports saw a abrupt decrease. The most prominent rate of growth was recorded in 2011 when imports increased by X% year-to-year. Imports peaked at X units in 2016; however, from 2017 to 2020, imports stood at a somewhat lower figure.

In value terms, cash register imports declined significantly to $X in 2020. In general, imports saw a drastic downturn. The pace of growth was the most pronounced in 2018 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2019, and then declined significantly in the following year.

Imports by Country

In 2020, China (X units) constituted the largest supplier of cash register to Slovakia, accounting for a X% share of total imports. Moreover, cash register imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and Taiwan (Chinese) (+X% per year).

In value terms, China ($X) constituted the largest supplier of cash register to Slovakia, comprising X% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($X), with a X% share of total imports.

From 2007 to 2020, the average annual growth rate of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (+X% per year) and Germany (-X% per year).

Import Prices by Country

The average cash register import price stood at $X per unit in 2020, falling by -X% against the previous year. In general, the import price saw a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. The import price peaked at $X per unit in 2007; however, from 2008 to 2020, import prices stood at a somewhat lower figure.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

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, accounting for 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?
+
China (27M units) constituted the country with the largest volume of cash register production, 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 Slovakia?
+
In value terms, China ($403K) constituted the largest supplier of cash register to Slovakia, comprising 64% of total imports. The second position in the ranking was occupied by Taiwan (Chinese) ($94K), with a 15% share of total imports.
What are the leading importers of cash registers from Slovakia?
+
In value terms, the Czech Republic ($187K) emerged as the key foreign market for cash register exports from Slovakia, comprising 44% of total exports. The second position in the ranking was occupied by Poland ($58K), with a 14% share of total exports. It was followed by Hungary, with a 11% share.
What is the average export price for cash registers in Slovakia?
+
In 2020, the average cash register export price amounted to $76 per unit, shrinking by -26% against the previous year.
What is the average import price for cash registers in Slovakia?
+
In 2020, the average cash register import price amounted to $185 per unit, declining by -47.1% 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 Slovakia. 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:
• Slovakia

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Slovakia
• 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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