Peru - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Peru - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights

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Cash Register Price in Peru - 2021

Contents:

  1. Cash Register Price in Peru (CIF) - 2021
  2. Cash Register Price in Peru (FOB) - 2022
  3. Cash Register Imports in Peru
  4. Cash Register Exports in Peru

Cash Register Price in Peru (CIF) - 2021

The average cash register import price stood at $1,369 per unit in April 2020, growing by 21% against the previous month. Overall, import price indicated a remarkable increase from January 2020 to April 2020: its price increased at an average monthly rate of +9.6% over the last three months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on April 2020 figures, cash register import price increased by +75.7% against February 2020 indices. The pace of growth was the most pronounced in March 2020 when the average import price increased by 46% m-o-m. The import price peaked in April 2020.

Prices varied noticeably by the country of origin: the country with the highest price was Hong Kong SAR ($2,014 per unit), while the price for the UK ($206 per unit) was amongst the lowest.

From January 2020 to April 2020, the most notable rate of growth in terms of prices was attained by Mexico (+137.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Cash Register Price in Peru (FOB) - 2022

In 2022, the average cash register export price amounted to $469 per unit, surging by 187% against the previous year. Over the period under review, the export price showed slight growth. The export price peaked at $491 per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Ecuador ($3,597 per unit), while the average price for exports to Colombia ($179 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+82.7%), while the prices for the other major destinations experienced more modest paces of growth.

Cash Register Imports in Peru

In 2022, approx. 259K units of cash registers were imported into Peru; flattening at 2021 figures. The total import volume increased at an average annual rate of +4.5% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth was the most pronounced in 2020 with an increase of 20%. As a result, imports attained the peak of 273K units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cash register imports rose markedly to $36M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2020 when imports increased by 14%. As a result, imports reached the peak of $39M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Cash Register in Peru (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China11.815.418.416.511.8%
Vietnam11.514.66.68.0-11.4%
Hungary1.41.71.22.419.7%
United States1.10.50.61.613.3%
Taiwan (Chinese)0.50.50.30.817.0%
Malaysia1.60.60.70.7-24.1%
Others5.85.35.15.6-1.2%
Total33.938.532.935.71.7%

Top Suppliers of Cash Register to Peru in 2022:

  1. China (159.6K units)
  2. Vietnam (65.1K units)
  3. United States (6.6K units)
  4. Taiwan (Chinese) (6.1K units)
  5. Hungary (5.1K units)
  6. Malaysia (4.3K units)

Cash Register Exports in Peru

In 2022, overseas shipments of cash registers decreased by -70.6% to 584 units for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, enjoyed a significant increase. The pace of growth appeared the most rapid in 2020 with an increase of 307% against the previous year. Over the period under review, the exports attained the maximum at 2K units in 2021, and then contracted sharply in the following year.

In value terms, cash register exports shrank rapidly to $274K in 2022. In general, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2020 when exports increased by 86% against the previous year. The exports peaked at $325K in 2021, and then dropped rapidly in the following year.

Export of Cash Register in Peru (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Colombia12.033.070.582.790.3%
Ecuador2.210.043.236.0153.9%
AustriaN/AN/AN/A33.90%
SpainN/AN/AN/A23.60%
Chile0.84.018.922.4203.7%
United States1.2N/A16.611.6113.0%
Panama0.62.27.24.595.7%
Mexico68.0N/AN/AN/A0%
PortugalN/AN/A166N/A0%
RomaniaN/A159N/AN/A0%
Others35.014.52.759.019.0%
Total12022232527431.7%

Top Export Markets for Cash Register from Peru in 2022:

  1. Colombia (461.0 units)
  2. United States (38.0 units)
  3. Chile (19.0 units)
  4. Panama (13.0 units)
  5. Austria (10.0 units)
  6. Spain (10.0 units)
  7. Ecuador (10.0 units)

Source: IndexBox Market Intelligence Platform

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 2030.

Product coverage:

  • Prodcom 28231300 - Accounting machines, cash registers, postage-franking machines, ticket-issuing machines and similar machines, i ncorporating a calculating device
  • Prodcom 28231000 -

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. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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