Cash Register Market Overview in Spain
In value terms, cash register production soared to $ in 2019 estimated in export prices. Overall, production, however, posted resilient growth. The pace of growth was the most pronounced in 2009 when the production volume increased by % against the previous year. Cash register production peaked in 2019 and is expected to retain growth in years to come.
The size of the cash register market in Spain soared to $ in 2019, picking up by % 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). Over the period under review, the total consumption indicated perceptible growth from 2007 to 2019: its value increased at an average annual rate of +% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, consumption increased by +% against 2015 indices. The growth pace was the most rapid in 2011 with an increase of % year-to-year. Cash register consumption peaked in 2019 and is likely to continue growth in the immediate term.