Cyprus: Market for Air Or Vacuum Pumps And Air Or Other Gas Compressors 2019

Market Size for Air Or Vacuum Pumps And Air Or Other Gas Compressors in Cyprus

The revenue of the market for air or vacuum pumps and air or other gas compressors in Cyprus amounted to $X in 2018, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption of air or vacuum pumps and air or other gas compressors continues to indicate mild growth. The most prominent rate of growth was recorded in 2012 with an increase of X% y-o-y. Cyprus consumption of air or vacuum pumps and air or other gas compressors peaked at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Exports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Exports from Cyprus

In 2018, the amount of air or vacuum pumps and air or other gas compressors exported from Cyprus totaled X units, falling by -X% against the previous year. In general, exports of air or vacuum pumps and air or other gas compressors continue to indicate a deep setback. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. Over the period under review, exports of air or vacuum pumps and air or other gas compressors reached their maximum at X units in 2009; however, from 2010 to 2018, exports failed to regain their momentum.

In value terms, exports of air or vacuum pumps and air or other gas compressors amounted to $X in 2018. Over the period under review, exports of air or vacuum pumps and air or other gas compressors continue to indicate resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. In that year, exports of air or vacuum pumps and air or other gas compressors attained their peak and are likely to continue its growth in the immediate term.

Exports by Country

China dominates exports of air or vacuum pumps and air or other gas compressors structure, reaching X units, which was approx. X% of total exports in 2018. It was distantly followed by Germany (X units) and Taiwan, Chinese (X units), together mixing up a X% share of total exports. South Korea (X units), the U.S. (X units), Mexico (X units), Thailand (X units), Italy (X units), France (X units), Japan (X units), Slovakia (X units) and Singapore (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to air pump and gas compressor exports from China stood at +X%. At the same time, Mexico (+X%), Slovakia (+X%), South Korea (+X%), the U.S. (+X%), France (+X%), Germany (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Singapore and Taiwan, Chinese experienced a relatively flat trend pattern. By contrast, Italy (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Japan (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), Germany ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports. These countries were followed by Japan, Italy, Mexico, South Korea, France, Thailand, Slovakia, Singapore, Taiwan, Chinese and Cyprus, which together accounted for a further X recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price for air or vacuum pumps and air or other gas compressors in Cyprus stood at $X per unit in 2018, increasing by X% against the previous year. Overall, the export price for air or vacuum pumps and air or other gas compressors continues to indicate buoyant growth. The growth pace was the most rapid in 2018 an increase of X% year-to-year. In that year, the export prices for air or vacuum pumps and air or other gas compressors reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per unit), while Taiwan, Chinese ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.

Imports of Air Or Vacuum Pumps And Air Or Other Gas Compressors

Imports into Cyprus

In 2018, the amount of air or vacuum pumps and air or other gas compressors imported into Cyprus totaled X units, jumping by X% against the previous year. Over the period under review, imports of air or vacuum pumps and air or other gas compressors continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by X% year-to-year. Over the period under review, imports of air or vacuum pumps and air or other gas compressors attained their maximum at X units in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

In value terms, imports of air or vacuum pumps and air or other gas compressors amounted to $X in 2018. In general, imports of air or vacuum pumps and air or other gas compressors continue to indicate modest growth. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports of air or vacuum pumps and air or other gas compressors attained their peak figure at $X in 2012; however, from 2013 to 2018, imports stood at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X units), distantly followed by Germany (X units), China (X units) and Mexico (X units) represented the largest importers of air or vacuum pumps and air or other gas compressors, together comprising X% of total imports. The following importers - India (X units), France (X units), Turkey (X units), Indonesia (X units), Russia (X units), Thailand (X units), the UK (X units) and Italy (X units) - together made up X% of total imports.

Imports into the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, India (+X%), Indonesia (+X%), Turkey (+X%), China (+X%), Russia (+X%), Mexico (+X%), France (+X%), Germany (+X%), the UK (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy experienced a relatively flat trend pattern. The U.S. (+X p.p.), India (+X p.p.), China (+X p.p.) and Indonesia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and China ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by Mexico, France, the UK, Italy, Thailand, India, Russia, Turkey, Indonesia and Cyprus, which together accounted for a further X recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for air or vacuum pumps and air or other gas compressors in Cyprus stood at $X per unit in 2018, picking up by X% against the previous year. Overall, the import price for air or vacuum pumps and air or other gas compressors continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2009 when the import price increased by X% against the previous year. Over the period under review, the import prices for air or vacuum pumps and air or other gas compressors reached their maximum at $X per unit in 2012; however, from 2013 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China ($X per unit), while Indonesia ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform