Ethiopia: Cash Register Market 2025

Cash Register Market Size in Ethiopia

In 2022, the Ethiopian cash register market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, showed a abrupt decline. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market remained at a somewhat lower figure.

Cash Register Exports

Exports from Ethiopia

In 2021, shipments abroad of cash registers decreased by X% to less than X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports showed a perceptible curtailment. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, cash register exports skyrocketed to $X in 2021. Overall, exports, however, enjoyed significant growth. Over the period under review, the exports reached the peak figure at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Sri Lanka (X units), Kenya (X units) and Burkina Faso (X units) were the main destinations of cash register exports from Ethiopia.

From 2014 to 2020, the biggest increases were recorded for Sri Lanka (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for cash register exported from Ethiopia were Burkina Faso ($X), Kenya ($X) and Sri Lanka ($X), together comprising X% of total exports.

In terms of the main countries of destination, Sri Lanka, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average cash register export price stood at $X per unit in 2020, with a decrease of X% against the previous year. Over the period under review, the export price, however, continues to indicate a resilient increase. The pace of growth appeared the most rapid in 2019 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then fell notably in the following year.

There were significant differences in the average prices for the major external markets. In 2020, amid the top suppliers, the country with the highest price was Burkina Faso ($X per unit), while the average price for exports to Sri Lanka ($X per unit) was amongst the lowest.

From 2014 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Angola (X%), while the prices for the other major destinations experienced a decline.

Cash Register Imports

Imports into Ethiopia

In 2022, purchases abroad of cash registers increased by X% to X units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a noticeable curtailment. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, cash register imports rose significantly to $X in 2022. Over the period under review, imports, however, showed a deep contraction. The growth pace was the most rapid in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), the Czech Republic (X units) and Italy (X units) were the main suppliers of cash register imports to Ethiopia, together accounting for X% of total imports.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Czech Republic ($X), China ($X) and Bulgaria ($X) appeared to be the largest cash register suppliers to Ethiopia, with a combined X% share of total imports.

The Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average cash register import price stood at $X per unit in 2022, waning by X% against the previous year. In general, the import price showed a pronounced downturn. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Czech Republic (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform