Forecast: Import of Point-Of-Sale Terminals and ATM to Spain

The import of Point-Of-Sale (POS) Terminals and ATMs to Spain stood at 11.2 thousand items in 2023. The historical data shows fluctuations, with a notable surge of 82.07% in 2015 and a decline of 40.29% in 2017. The recent years show a relatively stable trend, with slight variations such as a 2.56% increase in 2023 and a decline of 2.19% in 2022. The Compound Annual Growth Rate (CAGR) over the last five years stands at -4.25%, indicating a slight downturn.

From 2024, the imports are forecasted to experience a steady increase, with a forecasted 5-year CAGR of 1.92%. By 2028, the import volume is expected to reach 12.7 thousand items, reflecting a growth rate of 9.98% compared to 2023. This indicates a gradual recovery and stabilization in import volumes.

Future trends to watch for:

• Technological advancements influencing the demand for newer POS terminals and ATMs.
• Economic conditions and their impact on capital expenditure by businesses.
• Regulatory changes affecting import policies and tariffs in Spain.
• The evolving landscape of digital payments potentially reducing the need for physical POS terminals and ATMs.