Hungary - Cash Registers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCash Register Price in Hungary - 2023
Contents:
- Cash Register Price in Hungary (FOB) - 2022
- Cash Register Price in Hungary (CIF) - 2022
- Cash Register Exports in Hungary
- Cash Register Imports in Hungary
Cash Register Price in Hungary (FOB) - 2022
In 2022, the average cash register export price amounted to $548 per unit, stabilizing at the previous year. In general, the export price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $1,450 per unit. From 2014 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($3,008 per unit), while the average price for exports to Belgium ($108 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 the Netherlands (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.
Cash Register Price in Hungary (CIF) - 2022
In 2022, the average cash register import price amounted to $239 per unit, surging by 18% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 52% against the previous year. Over the period under review, average import prices reached the maximum at $274 per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($809 per unit), while the price for Switzerland ($29 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+20.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Cash Register Exports in Hungary
In 2022, the amount of cash registers exported from Hungary totaled 544K units, leveling off at the year before. In general, total exports indicated a resilient expansion from 2019 to 2022: its volume increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +67.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 66% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.
In value terms, cash register exports amounted to $299M in 2022. The total export value increased at an average annual rate of +6.5% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.
Export of Cash Register in Hungary (Million USD) | |||||
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COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United Kingdom | 26.2 | 44.6 | 52.4 | 72.8 | 40.6% |
Netherlands | 3.6 | 5.0 | 13.8 | 19.3 | 75.0% |
Belgium | 19.4 | 11.9 | 14.9 | 19.3 | -0.2% |
Australia | 25.8 | 24.3 | 26.0 | 17.8 | -11.6% |
Italy | 11.7 | 8.8 | 15.9 | 13.4 | 4.6% |
Turkey | 4.6 | 6.8 | 10.4 | 13.1 | 41.7% |
Greece | 3.1 | 9.1 | 6.4 | 12.2 | 57.9% |
United States | 30.1 | 15.6 | 11.9 | 11.9 | -26.6% |
Poland | 1.9 | 2.8 | 12.6 | 7.9 | 60.8% |
South Africa | 3.1 | 1.6 | 4.6 | 7.0 | 31.2% |
Spain | 5.3 | 5.1 | 6.5 | 4.5 | -5.3% |
United Arab Emirates | 1.4 | 1.4 | 3.0 | 2.9 | 27.5% |
Slovakia | 3.2 | 5.0 | 2.4 | 2.3 | -10.4% |
Others | 108 | 102 | 117 | 93.9 | -4.6% |
Total | 247 | 244 | 297 | 299 | 6.6% |
Top Export Markets for Cash Register from Hungary in 2022:
- Belgium (178.5K units)
- Greece (87.8K units)
- Netherlands (28.3K units)
- United Kingdom (24.2K units)
- United States (19.5K units)
- Italy (16.9K units)
- South Africa (16.8K units)
- Spain (14.8K units)
- United Arab Emirates (14.2K units)
- Poland (12.1K units)
- Slovakia (12.0K units)
- Australia (11.1K units)
- Turkey (10.9K units)
Cash Register Imports in Hungary
Cash register imports into Hungary expanded slightly to 197K units in 2022, increasing by 1.8% compared with the previous year's figure. Overall, total imports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +21.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.1% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 81% against the previous year. As a result, imports reached the peak of 199K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, cash register imports soared to $47M in 2022. In general, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +16.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.5% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 20%. Imports peaked in 2022 and are likely to see steady growth in the immediate term.
Import of Cash Register in Hungary (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Hong Kong SAR | 5.1 | 16.2 | 19.0 | 15.7 | 45.5% |
China | 1.3 | 3.8 | 2.7 | 13.5 | 118.2% |
United States | 3.6 | 2.5 | 5.3 | 6.1 | 19.2% |
Mexico | 1.2 | 2.4 | 1.2 | 5.6 | 67.1% |
Taiwan (Chinese) | 0.7 | N/A | 0.3 | 2.9 | 60.6% |
United Kingdom | 0.5 | N/A | 0.6 | 0.5 | 0.0% |
Australia | 6.7 | 3.1 | 3.7 | 0.1 | -75.4% |
Singapore | 6.1 | 4.8 | 3.1 | 0.1 | -74.6% |
Switzerland | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 5.0 | 3.3 | 3.5 | 2.6 | -19.6% |
Total | 30.2 | 36.3 | 39.5 | 47.2 | 16.0% |
Top Suppliers of Cash Register to Hungary in 2022:
- Hong Kong SAR (126.9K units)
- China (32.2K units)
- Mexico (9.1K units)
- United States (7.5K units)
- United Kingdom (6.4K units)
- Taiwan (Chinese) (4.7K units)
- Switzerland (4.1K units)
- Singapore (0.5K units)
- Australia (0.2K units)
This report provides an in-depth analysis of the cash register market in Hungary. 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:
- Hungary
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Hungary
- 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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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Explore the world's top import markets for cash registers, including the United States, United Kingdom, Italy, Canada, and France. These countries demonstrate significant demand for cash registers, driven by factors such as expanding retail sectors, technological advancements, and the need for efficient point-of-sale systems. Cash registers play a crucial role in streamlining transactions, improving inventory management, and enhancing customer service in the retail industry. Data and statistics from the IndexBox market intelligence platform provide valuable insights into import trends and market dynamics.
The global cash register market revenue amounted to $6.2B in 2017, rising by 5.9% against the previous year. This figure r...
In 2016, the amount of cash register imported worldwide stood at X tons, moving up by X% against the previous year figure. Overall, cash register imports continue to indicate a temperate reduction...
In 2016, the amount of cash register imported worldwide stood at X tons, moving up by X% against the previous year figure. Overall, cash register imports continue to indicate a temperate reduction...
In 2016, the cash registers market decreased to $X in wholesale prices. This figure reflects total revenue of producers and importers (excluding logistics costs, retail marketing costs, and retailers’ margins, which will be included in the final con
The global trade in cash registers amounted to X million USD in 2015, showing strong fluctuations over the period under review. A significant drop in 2009 was followed by a recovery over the next three years, until expo
The U.S. holds the second spot in the global cash register trade. In 2014, the U.S. exported X thousand units of cash registers totaling X million USD, X% under the previous year. Its primary trading partner was its neighbor, Canada, where it suppl
In value terms, drawing, marking-out, mathematical calculating instruments imports amounted to $X in 2016. In general, drawing, marking-out, mathematical calculating instruments imports continue to i...
In value terms, drawing, marking-out, mathematical calculating instruments exports totaled $X in 2016. In general, drawing, marking-out, mathematical calculating instruments exports continue to ind...
Explore the world's top import markets for cash registers, including the United States, United Kingdom, Italy, Canada, and France. These countries demonstrate significant demand for cash registers, driven by factors such as expanding retail sectors, technological advancements, and the need for efficient point-of-sale systems. Cash registers play a crucial role in streamlining transactions, improving inventory management, and enhancing customer service in the retail industry. Data and statistics from the IndexBox market intelligence platform provide valuable insights into import trends and market dynamics.