Significant Drop in Price of Mexico's Cash Register Unit to $184

Significant Drop in Price of Mexico

Mexico Cash Register Export Price in June 2023

In June 2023, the price of cash registers in Mexico reached $184 per unit (FOB, Mexico), showing a decline of -17.4% compared to the previous month. The export price experienced a noticeable setback, with the most rapid growth occurring in May 2023, witnessing a 48% increase month-on-month. Although the export price peaked at $385 per unit in July 2022, it remained consistently lower from August 2022 to June 2023.

The average price level is primarily influenced by the United States, as it serves as the main export destination for Mexico's cash registers.

Between June 2022 and June 2023, the prices for the United States demonstrated a monthly growth rate decline of -4.7%.

Mexico Cash Register Export Prices By Country (USD Per Unit)

Mexico Cash Register Exports

In June 2023, Mexico exported approximately 61,000 units of cash registers, a 13% increase compared to the previous month. However, over the reviewed period, the export volume experienced a significant decline. The most rapid growth was observed in March 2023, with a month-to-month increase of 64%. From July 2022 to June 2023, the export volume remained lower after reaching its peak of 94,000 units in June 2022.

With regards to value, cash register exports from Mexico amounted to $11 million in June 2023 (according to IndexBox estimates). Overall, exports continued to indicate a considerable setback. The highest growth rate occurred in May 2023, with a 58% increase compared to the previous month. From August 2022 to June 2023, exports failed to regain momentum after reaching their peak of 35 million units in July 2022.

Mexico Cash Register Exports by Country

The United States received the majority of Mexico's cash register exports, accounting for approximately 100% of the total exports (61,000 units).

Between June 2022 to June 2023, the average monthly growth rate in terms of volume to the United States was -3.4%.

In terms of value, the United States ($11 million) remained the primary foreign market for Mexico's cash register exports.

From June 2022 to June 2023, the average monthly growth rate in terms of value to the United States was -8.0%.



Source: IndexBox Market Intelligence Platform

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