Cyprus: Ceramic Household Article Market 2020

Ceramic Household Article Market Size in Cyprus

The revenue of the ceramic household article market in Cyprus amounted to $X in 2018, going up 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). In general, ceramic household article consumption, however, continues to indicate a significant deduction. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, the ceramic household article market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Ceramic Household Article Exports

Exports from Cyprus

In 2018, the ceramic household article exports from Cyprus totaled X tons, increasing by X% against the previous year. In general, ceramic household article exports continue to indicate a moderate expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% year-to-year. In that year, ceramic household article exports attained their peak and are likely to continue its growth in the immediate term.

In value terms, ceramic household article exports totaled $X in 2018. Overall, ceramic household article exports continue to indicate a modest expansion. The pace of growth appeared the most rapid in 2018 with an increase of X% year-to-year. Cyprus exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

China dominates ceramic household article exports structure, amounting to X tons, which was approx. X% of total exports in 2018. Portugal (X tons), Thailand (X tons), Germany (X tons) and Romania (X tons) followed a long way behind the leaders.

China was also the fastest-growing in terms of the ceramic household articles and toilet articles exports, with a CAGR of +X% from 2007 to 2018. At the same time, Romania (+X%) and Portugal (+X%) displayed positive paces of growth. Thailand and Germany experienced a relatively flat trend pattern. China (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest ceramic household article supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Germany ($X), with a X% share of global exports. It was followed by Thailand, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Germany (+X% per year) and Thailand (+X% per year).

Export Prices by Country

In 2018, the ceramic household article export price in Cyprus amounted to $X per ton, reducing by -X% against the previous year. Over the period under review, the ceramic household article export price continues to indicate a mild descent. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Cyprus export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while Romania ($X per ton) 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.

Ceramic Household Article Imports

Imports into Cyprus

Ceramic household article imports into Cyprus amounted to X tons in 2018, going up by X% against the previous year. Overall, ceramic household article imports, however, continue to indicate a drastic contraction. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, ceramic household article imports attained their peak figure at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, ceramic household article imports amounted to $X in 2018. In general, ceramic household article imports, however, continue to indicate a measured curtailment. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Italy (X tons) and Germany (X tons) were the largest importers of ceramic household articles and toilet articles, together constituting X% of total imports. The following importers - the UK (X tons), France (X tons), Russia (X tons), South Africa (X tons), Canada (X tons), the Netherlands (X tons), Australia (X tons), Japan (X tons) and Kazakhstan (X tons) - together made up X% of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Kazakhstan (+X%), South Africa (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Kazakhstan emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy and Australia experienced a relatively flat trend pattern. By contrast, Germany (-X%), Russia (-X%), France (-X%), Canada (-X%), the UK (-X%) and Japan (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Kazakhstan increased by +X% percentage points, while France (-X p.p.), the UK (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported ceramic household articles and toilet articles into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. was relatively modest. In the other countries, the average annual rates were as follows: Germany (+X% per year) and the UK (-X% per year).

Import Prices by Country

The ceramic household article import price in Cyprus stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the import price indicated a buoyant increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, ceramic household article import price increased by +X% against 2016 indices. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. In that year, the import prices for ceramic household articles and toilet articles attained 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 importing countries. In 2018, the country with the highest price was Japan ($X per ton), while South Africa ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform