Southern Asia: Accounting Machine Market 2020

Accounting Machine Market Size in Southern Asia

The revenue of the accounting machine market in Southern Asia amounted to $X in 2017, coming up by X% against the previous year. The accounting machine consumption continues to indicate a modest growth. The pace of growth was the most pronounced in 2013, when it surged by X% against the previous year. Over the period under review, the accounting machine market attained its peak figure level in 2017, and is likely to continue its growth in the near future.

Accounting Machine Production in Southern Asia

In 2017, the amount of accounting machines, cash registers and postage-franking machines produced in Southern Asia totaled X units, rising by X% against the previous year. The accounting machine production continues to indicate a remarkable increase. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Over the period under review, the accounting machine production attained its maximum volume of X units in 2015; however, from 2016 to 2017, it failed to regain its momentum.

Accounting Machine Exports in Southern Asia

In 2017, the amount of accounting machines, cash registers and postage-franking machines exported in Southern Asia amounted to X units, coming up by X% against the previous year. The accounting machine exports continue to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2016, when it surged by X% year-to-year. The volume of exports peaked in 2017, and are expected to retain its growth in the immediate term.

In value terms, accounting machine exports amounted to $X in 2017. The accounting machine exports continue to indicate a prominent increase. Over the period under review, the accounting machine exports reached its maximum level in 2017, and are likely to see steady growth in the near future.

Accounting Machine Exports by Country in Southern Asia

India represented the largest exporting country with an export of around X units, which finished at X% of total exports. It was distantly followed by Sri Lanka (X units), generating X% share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India (+X% per year).

In value terms, India ($X) remains the largest accounting machine supplier in Southern Asia, making up X% of global exports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global exports.

In India, accounting machine exports increased at an average annual rate of +X% over the period from 2007-2017.

Accounting Machine Export Prices by Country in Southern Asia

The accounting machine export price in Southern Asia stood at $X per unit in 2017, remaining constant against the previous year. The accounting machine export price continues to indicate a significant drop. The most prominent rate of growth was recorded in 2013, an increase of X% against the previous year. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was India ($X per unit), while Sri Lanka ($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 Sri Lanka (+X% per year).

Accounting Machine Imports in Southern Asia

In 2017, the amount of accounting machines, cash registers and postage-franking machines imported in Southern Asia stood at X units, declining by -X% against the previous year. The accounting machine imports continue to indicate a deep slump. The pace of growth appeared the most rapid in 2009, when it surged by X% y-o-y. In that year, the accounting machine imports attained their peak volume of X units. From 2010 to 2017, growth of the accounting machine imports failed to regain its momentum.

In value terms, accounting machine imports amounted to $X in 2017. The accounting machine imports continue to indicate a strong expansion. Over the period under review, the accounting machine imports reached its maximum level in 2017, and are expected to retain its growth in the immediate term.

Accounting Machine Imports by Country in Southern Asia

India dominates accounting machine imports structure, finishing at X units, which was near X% of total imports in 2017. It was distantly followed by Sri Lanka (X units), mixed up X% share of total imports. Nepal (X units) held the weak share of total imports.

Imports into India decreased at an average annual rate of -X% from 2007 to 2017. At the same time, Nepal (+X%) displayed positive paces of growth. Moreover, Nepal emerged as the fastest growing importer in Southern Asia, with a CAGR of +X% from 2007-2017. By contrast, Sri Lanka (-X%) illustrated a downward trend over the same period. While the share of India (X%) and Sri Lanka (X%) increased significantly in terms of the global imports from 2007-2017, the share of Nepal (-X%) displayed negative dynamics.

In value terms, India ($X) constitutes the largest market for imported accounting machines, cash registers and postage-franking machines in Southern Asia, making up X% of global imports. The second position in the ranking was occupied by Sri Lanka ($X), with a X% share of global imports. It was followed by Nepal, with a X% share.

In India, accounting machine imports expanded at an average annual rate of +X% over the period from 2007-2017. In the other countries, the average annual rates were as follows: Sri Lanka (+X% per year) and Nepal (+X% per year).

Accounting Machine Import Prices by Country in Southern Asia

The accounting machine import price in Southern Asia stood at $X per unit in 2017, going up by X% against the previous year. The accounting machine import price continues to indicate a strong expansion. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the import prices for accounting machines, cash registers and postage-franking machines attained its maximum level in 2017, and is expected to retain its growth in the immediate term.

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

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform