Cyprus: Market for Gypsum, Anhydrite And Limestone 2019

Market Size for Gypsum, Anhydrite And Limestone in Cyprus

The revenue of the gypsum, anhydrite and limestone market in Cyprus amounted to $X in 2018, coming down by -X% against the previous year. Overall, gypsum, anhydrite and limestone consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. In that year, the gypsum, anhydrite and limestone market reached its peak level of $X. From 2017 to 2018, the growth of the gypsum, anhydrite and limestone market remained at a somewhat lower figure.

Production of Gypsum, Anhydrite And Limestone in Cyprus

In value terms, gypsum, anhydrite and limestone production totaled $X in 2018 estimated in export prices. In general, gypsum, anhydrite and limestone production continues to indicate buoyant growth. The pace of growth was the most pronounced in 2015 when production volume increased by X% against the previous year. Cyprus gypsum, anhydrite and limestone production peaked in 2018 and is expected to retain its growth in the near future.

Exports of Gypsum, Anhydrite And Limestone

Exports from Cyprus

Gypsum, anhydrite and limestone exports from Cyprus stood at X tons in 2018, growing by X% against the previous year. In general, gypsum, anhydrite and limestone exports continue to indicate resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of X% year-to-year. Cyprus exports peaked in 2018 and are likely to see steady growth in the immediate term.

In value terms, gypsum, anhydrite and limestone exports amounted to $X in 2018. Overall, the total exports indicated a buoyant increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, gypsum, anhydrite and limestone exports decreased by -X% against 2016 indices. The most prominent rate of growth was recorded in 2008 when exports increased by X% against the previous year. Over the period under review, gypsum, anhydrite and limestone exports attained their maximum at $X in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

Exports by Country

The United Arab Emirates was the main exporting country with an export of around X tons, which amounted to X% of total exports. Oman (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by Spain (X%), Japan (X%) and Thailand (X%). Iran (X tons), India (X tons), Vietnam (X tons), Turkey (X tons), Mexico (X tons), Canada (X tons) and Malaysia (X tons) took a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to gypsum, anhydrite and limestone exports from the United Arab Emirates stood at +X%. At the same time, Vietnam (+X%), Turkey (+X%), Iran (+X%), India (+X%), Oman (+X%), Malaysia (+X%), Spain (+X%) and Japan (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Mexico experienced a relatively flat trend pattern. By contrast, Canada (-X%) and Thailand (-X%) illustrated a downward trend over the same period. The United Arab Emirates (+X p.p.), Oman (+X p.p.), Spain (+X p.p.), Iran (+X p.p.), Vietnam (+X p.p.), Turkey (+X p.p.), India (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global exports, while Thailand 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, the United Arab Emirates ($X), Thailand ($X) and Oman ($X) constituted the countries with the highest levels of exports in 2018, together accounting for X% of total exports. These countries were followed by Spain, Iran, Malaysia, Japan, Vietnam, India, Mexico, Canada, Turkey and Cyprus, which together accounted for a further X terms of the main exporting countries, Vietnam (+X% per year) recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the gypsum, anhydrite and limestone export price in Cyprus amounted to $X per ton, shrinking by -X% against the previous year. Overall, the gypsum, anhydrite and limestone export price continues to indicate a deep decrease. The growth pace was the most rapid in 2016 when the export price increased by X% against the previous year. In that year, the export prices for gypsum, anhydrite and limestone reached their peak level of $X per ton. From 2017 to 2018, the growth in terms of the export prices for gypsum, anhydrite and limestone remained at a lower figure.

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

Imports of Gypsum, Anhydrite And Limestone

Imports into Cyprus

In 2018, the imports of gypsum, anhydrite and limestone into Cyprus amounted to X tons, coming down by -X% against the previous year. In general, gypsum, anhydrite and limestone imports continue to indicate an abrupt drop. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Cyprus imports peaked at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, gypsum, anhydrite and limestone imports amounted to $X in 2018. In general, gypsum, anhydrite and limestone imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Over the period under review, gypsum, anhydrite and limestone imports attained their peak figure at $X in 2009; however, from 2010 to 2018, imports stood at a somewhat lower figure.

Imports by Country

India was the largest importing country with an import of about X tons, which amounted to X% of total imports. It was distantly followed by the U.S. (X tons), Bangladesh (X tons) and Japan (X tons), together achieving a X% share of total imports. The following importers - Indonesia (X tons), Taiwan, Chinese (X tons), Kuwait (X tons), Vietnam (X tons), South Korea (X tons), Free Zones (X tons), Ukraine (X tons) and Germany (X tons) - together made up X% of total imports.

Imports into India increased at an average annual rate of +X% from 2007 to 2018. At the same time, Ukraine (+X%), Free Zones (+X%), Indonesia (+X%), Vietnam (+X%), Bangladesh (+X%), Japan (+X%), Taiwan, Chinese (+X%), South Korea (+X%) and Kuwait (+X%) displayed positive paces of growth. Moreover, Ukraine emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. India (+X p.p.), Indonesia (+X p.p.), Free Zones (+X p.p.), Bangladesh (+X p.p.), Ukraine (+X p.p.), Vietnam (+X p.p.) and Japan (+X p.p.) significantly strengthened its position in terms of the global imports, while the U.S. 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, India ($X) constitutes the largest market for imported gypsum, anhydrite and limestone into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global imports. It was followed by Indonesia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in India amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: the U.S. (-X% per year) and Indonesia (+X% per year).

Import Prices by Country

In 2018, the gypsum, anhydrite and limestone import price in Cyprus amounted to $X per ton, picking up by X% against the previous year. Overall, the gypsum, anhydrite and limestone import price continues to indicate a moderate expansion. The most prominent rate of growth was recorded in 2008 when the import price increased by X% against the previous year. Over the period under review, the import prices for gypsum, anhydrite and limestone reached their maximum at $X per ton in 2009; however, from 2010 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 Ukraine ($X per ton), while Free Zones ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform