Smart Card Market Overview in Malta
The revenue of the smart card market in Malta fell to $ in , reducing 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). Overall, consumption recorded a moderate expansion. The most prominent rate of growth was recorded in 2013 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2016; however, from 2017 to , consumption stood at a somewhat lower figure.