Cyprus: Cold-Rolled Steel Products Market 2020

Cold-Rolled Steel Products Market Size in Cyprus

The revenue of the cold-rolled steel products market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, cold-rolled steel products consumption, however, continues to indicate a slight decrease. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Cyprus cold-rolled steel products consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Cold-Rolled Steel Products Production in Cyprus

In value terms, cold-rolled steel products production stood at $X in 2018 estimated in export prices. In general, cold-rolled steel products production, however, continues to indicate a slight downturn. The most prominent rate of growth was recorded in 2011 when production volume increased by X% against the previous year. Over the period under review, cold-rolled steel products production reached its maximum level at $X in 2008; however, from 2009 to 2018, production stood at a somewhat lower figure.

Cold-Rolled Steel Products Exports

Exports from Cyprus

In 2018, the amount of flat-rolled products of iron or steel (not further worked than cold-rolled) exported from Cyprus stood at X tons, approximately reflecting the previous year. Over the period under review, cold-rolled steel products exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Over the period under review, cold-rolled steel products exports attained their maximum at X tons in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

In value terms, cold-rolled steel products exports stood at $X in 2018. Over the period under review, cold-rolled steel products exports, however, continue to indicate a perceptible downturn. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, cold-rolled steel products exports attained their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, China (X tons), South Korea (X tons), Japan (X tons), Belgium (X tons), Germany (X tons), Taiwan, Chinese (X tons), Russia (X tons), the Netherlands (X tons), Italy (X tons), the U.S. (X tons), France (X tons) and India (X tons) represented the largest exporters of flat-rolled products of iron or steel (not further worked than cold-rolled) in the world, generating X% of total export.

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

In value terms, China ($X), South Korea ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Belgium, Germany, Taiwan, Chinese, the Netherlands, Italy, France, the U.S., Russia, India and Cyprus, which together accounted for a further X terms of the main exporting countries, India 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

The cold-rolled steel products export price in Cyprus stood at $X per ton in 2018, approximately reflecting the previous year. Over the period under review, the cold-rolled steel products export price, however, continues to indicate a moderate shrinkage. The pace of growth appeared the most rapid in 2011 when the export price increased by X% year-to-year. Cyprus export price peaked at $X per ton in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was France ($X per ton), while Russia ($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 mixed trends in the export price figures.

Cold-Rolled Steel Products Imports

Imports into Cyprus

Cold-rolled steel products imports into Cyprus stood at X tons in 2018, jumping by X% against the previous year. Overall, cold-rolled steel products imports, however, continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Cyprus imports peaked at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, cold-rolled steel products imports stood at $X in 2018. Over the period under review, cold-rolled steel products imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 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

The countries with the highest levels of cold-rolled steel products imports in 2018 were the U.S. (X tons), Germany (X tons), China (X tons), Belgium (X tons), Italy (X tons), Turkey (X tons), Mexico (X tons), France (X tons), Indonesia (X tons), Thailand (X tons), Poland (X tons) and the Netherlands (X tons), together resulting at X% of total import.

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

In value terms, the largest cold-rolled steel products importing markets into Cyprus were Germany ($X), the U.S. ($X) and Italy ($X), with a combined X% share of total imports. China, the Netherlands, Mexico, Belgium, Poland, France, Turkey, Thailand, Indonesia and Cyprus lagged somewhat behind, together accounting for a further X terms of the main importing countries, Mexico experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the cold-rolled steel products import price in Cyprus amounted to $X per ton, rising by X% against the previous year. Over the period under review, the cold-rolled steel products import price, however, continues to indicate a mild drop. The pace of growth was the most pronounced in 2010 an increase of X% against the previous year. Over the period under review, the import prices for flat-rolled products of iron or steel (not further worked than cold-rolled) attained their peak figure at $X per ton in 2008; however, from 2009 to 2018, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Indonesia ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform