Africa: Accounting Machine Market 2020

Accounting Machine Market Size in Africa

The revenue of the accounting machine market in Africa amounted to $X in 2017, remaining stable against the previous year. The accounting machine consumption continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2010, when it surged by X% year-to-year. The level of accounting machine consumption peaked of $X in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

Accounting Machine Production in Africa

In 2017, the amount of accounting machines, cash registers and postage-franking machines produced in Africa totaled X units, coming up by X% against the previous year. The total output indicated a remarkable growth from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the output figure increased by X% year-to-year. Over the period under review, the accounting machine production attained its peak figure volume in 2017, and is likely to continue its growth in the near future.

Accounting Machine Exports in Africa

In 2017, approx. X units of accounting machines, cash registers and postage-franking machines were exported in Africa; jumping by X% against the previous year. The accounting machine exports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2015, when it surged by X% year-to-year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, accounting machine exports amounted to $X in 2017. The accounting machine exports continue to indicate a slight contraction. Over the period under review, the accounting machine exports attained its maximum level of $X in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

Accounting Machine Exports by Country in Africa

South Africa (X units) and Tunisia (X units) dominates accounting machine exports structure, together generating X% of total exports. Kenya (X units), Morocco (X units), Nigeria (X units) and Seychelles (X units) followed a long way behind the leaders.

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

In value terms, South Africa ($X) remains the largest accounting machine supplier in Africa, making up X% of global exports. The second position in the ranking was occupied by Tunisia ($X), with a X% share of global exports. It was followed by Morocco, with a X% share.

In South Africa, accounting machine exports increased at an average annual rate of +X% over the period from 2007-2017. The remaining exporting countries recorded the following average annual rates of exports growth: Tunisia (-X% per year) and Morocco (+X% per year).

Accounting Machine Export Prices by Country in Africa

In 2017, the accounting machine export price in Africa amounted to $X per unit, surging by X% against the previous year. The accounting machine export price continues to indicate a strong increase. The pace of growth appeared the most rapid in 2014, an increase of X% y-o-y. In that year, the export prices for accounting machines, cash registers and postage-franking machines reached their peak level of $X per unit. From 2015 to 2017, growth of the export prices for accounting machines, cash registers and postage-franking machines stood at a somewhat lower level.

Export prices varied noticeably by the country of destination; the country with the highest export price was Morocco ($X per unit), while Seychelles ($X per unit) was amongst the lowest.

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

Accounting Machine Imports in Africa

The imports totaled X units in 2017, remaining stable against the previous year. The accounting machine imports continue to indicate an abrupt reduction. The pace of growth was the most pronounced in 2014, when imports increased by X% y-o-y. The volume of imports peaked of X units in 2007; however, from 2008 to 2017, it failed to regain its momentum.

In value terms, accounting machine imports totaled $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 over the period under review. The level of imports peaked in 2017, and are likely to continue its growth in the near future.

Accounting Machine Imports by Country in Africa

South Africa (X units) and Ethiopia (X units) prevails in accounting machine imports structure, together committing X% of total imports. It was distantly followed by Tunisia (X units), achieving X% share of total imports. The following importers - Algeria (X units), Kenya (X units) and Egypt (X units) each accounted for 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 Ethiopia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, South Africa ($X) constitutes the largest market for imported accounting machines, cash registers and postage-franking machines in Africa, making up X% of global imports. The second position in the ranking was occupied by Egypt ($X), with a X% share of global imports. It was followed by Ethiopia, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value in South Africa totaled +X%. The remaining importing countries recorded the following average annual rates of imports growth: Egypt (+X% per year) and Ethiopia (+X% per year).

Accounting Machine Import Prices by Country in Africa

In 2017, the accounting machine import price in Africa amounted to $X per unit, surging by X% against the previous year. The accounting machine import price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2016, when it surged by X% year-to-year. Over the period under review, the import prices for accounting machines, cash registers and postage-franking machines attained its peak figure level in 2017, and is likely to continue its growth in the near future.

There were significant differences in the average import prices amongst the major importing countries. In 2017, the country with the highest import price was Egypt ($X per unit), while Ethiopia ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform