Cash Register Market Overview in Belgium
In value terms, cash register production totaled $36M in 2010 estimated in export prices. In general, cash register production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 with an increase of 32% y-o-y. Cash register production peaked at $36M in 2008; however, from 2009 to 2010, production remained at a lower figure.
The revenue of the cash register market in Belgium amounted to $41M in 2010, jumping by 3.2% 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). The market value increased at an average annual rate of +2.3% over the period from 2007 to 2010; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 when the market value increased by 26% year-to-year. In that year, the cash register market reached its peak level of $48M. From 2009 to 2010, the growth of the cash register market remained at a somewhat lower figure.