Cyprus: Market for Lathes For Removing Metal 2019

Market Size for Lathes For Removing Metal in Cyprus

The revenue of the lathe for removing metal market in Cyprus amounted to $X in 2018, lowering 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). Overall, lathe for removing metal consumption continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Cyprus lathe for removing metal consumption peaked at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.

Exports of Lathes For Removing Metal

Exports from Cyprus

Lathe for removing metal exports from Cyprus totaled X units in 2018, remaining relatively unchanged against the previous year. Over the period under review, lathe for removing metal exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Over the period under review, lathe for removing metal exports attained their maximum at X units in 2009; however, from 2010 to 2018, exports remained at a lower figure.

In value terms, lathe for removing metal exports amounted to $X in 2018. Overall, lathe for removing metal exports continue to indicate a precipitous decrease. The pace of growth appeared the most rapid in 2016 when exports increased by X% year-to-year. Over the period under review, lathe for removing metal exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

In 2018, New Zealand (X units), distantly followed by Taiwan, Chinese (X units), India (X units), China (X units), Japan (X units), Portugal (X units) and South Korea (X units) were the main exporters of lathes for removing metal, together generating X% of total exports. The U.S. (X units), the UK (X units), Belgium (X units), Germany (X units) and Singapore (X units) took a little share of total exports.

New Zealand was also the fastest-growing in terms of the lathes for removing metal exports, with a CAGR of +X% from 2007 to 2018. At the same time, Portugal (+X%) and Belgium (+X%) displayed positive paces of growth. By contrast, South Korea (-X%), India (-X%), the U.S. (-X%), Singapore (-X%), Germany (-X%), the UK (-X%), Taiwan, Chinese (-X%), China (-X%) and Japan (-X%) illustrated a downward trend over the same period. New Zealand (+X p.p.), Portugal (+X p.p.) and Belgium (+X p.p.) significantly strengthened its position in terms of the global exports, while the U.S., India, Singapore, Germany, the UK, China, Taiwan, Chinese and Japan saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Japan ($X), Germany ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Taiwan, Chinese, China, Belgium, the U.S., the UK, Singapore, India, Portugal, New Zealand and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The lathe for removing metal export price in Cyprus stood at $X per unit in 2018, shrinking by -X% against the previous year. Overall, the lathe for removing metal export price continues to indicate a precipitous shrinkage. The growth pace was the most rapid in 2016 an increase of X% year-to-year. Cyprus export price peaked at $X per unit in 2007; however, from 2008 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 ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

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

Imports of Lathes For Removing Metal

Imports into Cyprus

In 2018, approx. X units of lathes for removing metal were imported into Cyprus; dropping by -X% against the previous year. Over the period under review, lathe for removing metal imports continue to indicate a noticeable decline. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Cyprus imports peaked at X units in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, lathe for removing metal imports stood at $X in 2018. Overall, lathe for removing metal imports continue to indicate a mild curtailment. The growth pace was the most rapid in 2017 when imports increased by X% y-o-y. Over the period under review, lathe for removing metal imports reached their maximum at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia dominates lathe for removing metal imports structure, amounting to X units, which was approx. X% of total imports in 2018. It was distantly followed by the Philippines (X units), generating a X% share of total imports. The following importers - Uganda (X units) and Germany (X units) - each accounted for a X% share of total imports.

Imports into Saudi Arabia increased at an average annual rate of +X% from 2007 to 2018. At the same time, Uganda (+X%) and the Philippines (+X%) displayed positive paces of growth. Moreover, Uganda emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Germany (-X%) illustrated a downward trend over the same period. Saudi Arabia (+X p.p.), the Philippines (+X p.p.) and Uganda (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) constitutes the largest market for imported lathes for removing metal into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by the Philippines ($X), with a X% share of global imports. It was followed by Saudi Arabia, with a X% share.

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

Import Prices by Country

In 2018, the lathe for removing metal import price in Cyprus amounted to $X per unit, lowering by -X% against the previous year. In general, the lathe for removing metal import price, however, continues to indicate temperate growth. The growth pace was the most rapid in 2017 when the import price increased by X% y-o-y. Over the period under review, the import prices for lathes for removing metal attained their peak figure at $X per unit in 2015; however, from 2016 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while Uganda ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform