Asia: Accounting Machine Market 2020

Accounting Machine Market Size in Asia

The revenue of the accounting machine market in Asia amounted to $X in 2017, waning by -X% against the previous year. The accounting machine consumption continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2009, when it surged by X% against the previous year. The level of accounting machine consumption peaked of $X in 2010; however, from 2011 to 2017, it stood at a somewhat lower level.

Accounting Machine Production in Asia

In 2017, approx. X units of accounting machines, cash registers and postage-franking machines were produced in Asia; jumping by X% against the previous year. The accounting machine production continues to indicate a strong growth. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. In that year, the accounting machine production reached their peak volume, and is likely to continue its growth in the immediate term.

Accounting Machine Exports in Asia

The exports stood at X units in 2017, surging by X% against the previous year. The accounting machine exports continue to indicate an outstanding growth. The most prominent rate of growth was recorded in 2017, when exports increased by X% y-o-y. In that year, the accounting machine exports attained their peak volume, and are likely to continue its growth in the immediate term.

In value terms, accounting machine exports amounted to $X in 2017. The total exports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the accounting machine exports increased by +X% against 2013 indices. Over the period under review, the accounting machine exports attained its peak figure level in 2017, and are expected to retain its growth in the near future.

Accounting Machine Exports by Country in Asia

Indonesia was the key exporting country with an export of around X units, which amounted to X% of total exports. China (X units) held the second position in the ranking, distantly followed by Malaysia (X units). All these countries together occupied near X% share of total exports. China, Hong Kong SAR (X units) and Thailand (X units) occupied the mild share of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Indonesia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the largest accounting machine supplier in Asia, making up X% of global exports. The second position in the ranking was occupied by Malaysia ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in China totaled +X%. In the other countries, the average annual rates were as follows: Malaysia (+X% per year) and China, Hong Kong SAR (+X% per year).

Accounting Machine Export Prices by Country in Asia

The accounting machine export price in Asia stood at $X per unit in 2017, dropping by -X% against the previous year. The accounting machine export price continues to indicate a drastic contraction. The most prominent rate of growth was recorded in 2016, when it surged by X% against the previous year. The level of export price peaked of $X per unit in 2007; however, from 2008 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was China, Hong Kong SAR ($X per unit), while Indonesia ($X per thousand units) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by China, Hong Kong SAR (-X% per year), while the other leaders experienced a decline in the export price figures.

Accounting Machine Imports in Asia

In 2017, the amount of accounting machines, cash registers and postage-franking machines imported in Asia totaled X units, going down by -X% against the previous year. The accounting machine imports continue to indicate a temperate curtailment. The most prominent rate of growth was recorded in 2010, when it surged by X% y-o-y. In that year, the accounting machine imports reached their peak volume of X units. From 2011 to 2017, growth of the accounting machine imports failed to regain its momentum.

In value terms, accounting machine imports stood at $X in 2017. The total import value increased an average annual rate of +X% from 2007 to 2017; however, the trend pattern indicated some noticeable fluctuations throughout the analyzed period. The level of imports peaked of $X in 2016, and then declined slightly in the following year.

Accounting Machine Imports by Country in Asia

In 2017, Japan (X units), distantly followed by India (X units), Singapore (X units), Thailand (X units), Iran (X units), China, Hong Kong SAR (X units) and Turkey (X units) were the major importers of accounting machines, cash registers and postage-franking machines, together committing X% of total imports. The following importers - Malaysia (X units), Indonesia (X units), South Korea (X units), Taiwan, Chinese (X units) and China (X units) each resulted at a X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, Japan ($X) constitutes the largest market for imported accounting machines, cash registers and postage-franking machines in Asia, making up X% of global imports. The second position in the ranking was occupied by Singapore ($X), with a X% share of global imports. It was followed by China, Hong Kong SAR, with a X% share.

From 2007 to 2017, the average annual growth rate of value in Japan stood at +X%. The remaining importing countries recorded the following average annual rates of imports growth: Singapore (-X% per year) and China, Hong Kong SAR (+X% per year).

Accounting Machine Import Prices by Country in Asia

In 2017, the accounting machine import price in Asia amounted to $X per unit, growing by X% against the previous year. The import price indicated a prominent expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the accounting machine import price increased by +X% against 2013 indices. The pace of growth was the most pronounced in 2011, an increase of X% against the previous year. Over the period under review, the import prices for accounting machines, cash registers and postage-franking machines reached its peak figure level in 2017, and is likely to continue its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was China ($X per unit), while Thailand ($X per unit) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by India (+X% per year), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform