Cyprus: Resistor Market 2020

Resistor Market Size in Cyprus

The revenue of the resistor market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a moderate expansion from 2007 to 2018: its value 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. The pace of growth appeared the most rapid in 2015 when the market value increased by X% y-o-y. In that year, the resistor market attained its peak level of $X. From 2016 to 2018, the growth of the resistor market remained at a lower figure.

Resistor Production in Cyprus

In value terms, resistor production amounted to $X in 2018 estimated in export prices. In general, the total output indicated a temperate expansion from 2007 to 2018: its value 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, resistor production decreased by -X% against 2015 indices. The growth pace was the most rapid in 2011 when production volume increased by X% year-to-year. Over the period under review, resistor production attained its peak figure level at $X in 2015; however, from 2016 to 2018, production remained at a lower figure.

Resistor Exports

Exports from Cyprus

In 2018, approx. X units of electrical resistors (except heating resistors) were exported from Cyprus; falling by -X% against the previous year. Overall, resistor exports, however, continue to indicate outstanding growth. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Cyprus exports peaked at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, resistor exports totaled $X in 2018. In general, resistor exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2011 with an increase of X% year-to-year. Cyprus exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

China (X units), Singapore (X units), China, Hong Kong SAR (X units), Thailand (X units), Germany (X units), Malaysia (X units), the U.S. (X units) and Indonesia (X units) represented roughly X% of total exports of electrical resistors (except heating resistors) in 2018. The following exporters - the UK (X units), Taiwan, Chinese (X units), Japan (X units) and Israel (X units) - together made up X% of total exports.

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

In value terms, the largest resistor markets from Cyprus were China, Hong Kong SAR ($X), China ($X) and Germany ($X), together comprising X% of total exports. These countries were followed by the U.S., Japan, Taiwan, Chinese, Singapore, Malaysia, Israel, the UK, Thailand, Indonesia and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the resistor export price in Cyprus amounted to $X per unit, rising by X% against the previous year. Over the period under review, the resistor export price, however, continues to indicate a drastic curtailment. The most prominent rate of growth was recorded in 2011 when the export price increased by X% against the previous year. In that year, the export prices for electrical resistors (except heating resistors) attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the export prices for electrical resistors (except heating resistors) remained at a lower figure.

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

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

Resistor Imports

Imports into Cyprus

Resistor imports into Cyprus stood at X units in 2018, falling by -X% against the previous year. Overall, resistor imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 when imports increased by X% against the previous year. Over the period under review, resistor imports reached their maximum at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, resistor imports amounted to $X in 2018. Over the period under review, resistor imports continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. In that year, resistor imports attained their peak of $X. From 2016 to 2018, the growth of resistor imports remained at a lower figure.

Imports by Country

Mexico represented the main importer of electrical resistors (except heating resistors) in the world, with the volume of imports accounting for X units, which was near X% of total imports in 2018. China, Hong Kong SAR (X units) held the second position in the ranking, followed by Malaysia (X units), Belgium (X units) and Germany (X units). All these countries together held approx. X% share of total imports. The U.S. (X units), China (X units), France (X units), Singapore (X units), South Korea (X units) and Thailand (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to resistor imports into Mexico stood at -X%. At the same time, Belgium (+X%), Malaysia (+X%), France (+X%), Thailand (+X%), Germany (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Belgium emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The U.S. and South Korea experienced a relatively flat trend pattern. By contrast, China (-X%) and Singapore (-X%) illustrated a downward trend over the same period. Malaysia (+X p.p.), Belgium (+X p.p.), China, Hong Kong SAR (+X p.p.) and Germany (+X p.p.) significantly strengthened its position in terms of the global imports, while Mexico saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X), China, Hong Kong SAR ($X) and Germany ($X) constituted the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by the U.S., Mexico, Singapore, Malaysia, South Korea, Thailand, France, Belgium and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the resistor import price in Cyprus amounted to $X per unit, jumping by X% against the previous year. Overall, the resistor import price continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2015 an increase of X% against the previous year. In that year, the import prices for electrical resistors (except heating resistors) attained their peak level of $X per unit. From 2016 to 2018, the growth in terms of the import prices for electrical resistors (except heating resistors) failed to regain its momentum.

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

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

Source: IndexBox Platform