Cyprus: Clays Market 2020

Clays Market Size in Cyprus

The revenue of the clays market in Cyprus amounted to $X in 2018, coming down 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, clays consumption continues to indicate a drastic deduction. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, the clays market reached its maximum level at $X in 2014; however, from 2015 to 2018, consumption remained at a lower figure.

Clays Exports

Exports from Cyprus

In 2018, the amount of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) exported from Cyprus amounted to X tons, dropping by -X% against the previous year. Over the period under review, the total exports indicated a temperate increase from 2007 to 2018: its volume 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, clays exports decreased by -X% against 2016 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, clays exports attained their peak of X tons. From 2017 to 2018, the growth of clays exports failed to regain its momentum.

In value terms, clays exports stood at $X in 2018. In general, clays exports, however, continue to indicate a precipitous decline. The growth pace was the most rapid in 2012 with an increase of X% y-o-y. Cyprus exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, Germany (X tons), distantly followed by Ukraine (X tons), Malaysia (X tons), the U.S. (X tons) and Portugal (X tons) were the largest exporters of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay), together comprising X% of total exports. Spain (X tons) and Senegal (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the largest clays markets from Cyprus were Ukraine ($X), the U.S. ($X) and Germany ($X), with a combined X% share of total exports. Spain, Malaysia, Senegal, Portugal and Cyprus lagged somewhat behind, together accounting for a further X terms of the main exporting countries, Malaysia experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the clays export price in Cyprus amounted to $X per ton, declining by -X% against the previous year. Over the period under review, the clays export price continues to indicate a precipitous contraction. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Cyprus export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices remained at a lower figure.

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

Clays Imports

Imports into Cyprus

In 2018, approx. X tons of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) were imported into Cyprus; going down by -X% against the previous year. In general, clays imports continue to indicate a deep shrinkage. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, clays imports reached their maximum at X tons in 2014; however, from 2015 to 2018, imports remained at a lower figure.

In value terms, clays imports totaled $X in 2018. In general, clays imports continue to indicate a measured slump. The pace of growth was the most pronounced in 2009 with an increase of X% y-o-y. In that year, clays imports reached their peak of $X. From 2010 to 2018, the growth of clays imports remained at a lower figure.

Imports by Country

In 2018, Italy (X tons), distantly followed by Bangladesh (X tons), Belgium (X tons), the Netherlands (X tons) and France (X tons) were the major importers of clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay), together making up X% of total imports. Free Zones (X tons), India (X tons), Turkey (X tons), Spain (X tons), the United Arab Emirates (X tons), Canada (X tons) and Malaysia (X tons) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to clays imports into Italy stood at +X%. At the same time, Free Zones (+X%), Bangladesh (+X%), Turkey (+X%), the United Arab Emirates (+X%), Malaysia (+X%), Spain (+X%), India (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Free Zones emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. France and Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Bangladesh, Italy, Free Zones, Turkey, the United Arab Emirates, Spain and Malaysia increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the Netherlands (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X) constitutes the largest market for imported clays (excluding fireclay, bentonite, kaolin and other kaolinic clays and expanded clay) into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global imports. It was followed by India, with a X% share.

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

Import Prices by Country

The clays import price in Cyprus stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the clays import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2009 when the import price increased by X% against the previous year. Cyprus import price peaked at $X per ton in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Malaysia ($X per ton), while Free Zones ($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 Netherlands, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform