Cyprus: Market for Lighting Sets For Christmas Trees 2019

Market Size for Lighting Sets For Christmas Trees in Cyprus

The revenue of the market for lighting sets for christmas trees in Cyprus amounted to $X in 2018, growing 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, consumption of lighting sets for christmas trees continues to indicate an abrupt downturn. The growth pace was the most rapid in 2017 when the market value increased by X% y-o-y. Cyprus consumption of lighting sets for christmas trees peaked at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Exports of Lighting Sets For Christmas Trees

Exports from Cyprus

In 2018, the exports of lighting sets for christmas trees from Cyprus totaled X units, increasing by X% against the previous year. Over the period under review, exports of lighting sets for christmas trees continue to indicate prominent growth. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Cyprus exports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, exports of lighting sets for christmas trees stood at $X in 2018. Overall, exports of lighting sets for christmas trees continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. Cyprus exports peaked at $X in 2016; however, from 2017 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in exports of lighting sets for christmas trees structure, accounting for X units, which was near X% of total exports in 2018. The following exporters - Cambodia (X units) and the Netherlands (X units) - each accounted for a X% share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Cambodia (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Cambodia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. While the share of China (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest lighting set for christmas trees supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Cambodia ($X), with a X% share of global exports. It was followed by the Netherlands, with a X% share.

In China, exports of lighting sets for christmas trees expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Cambodia (+X% per year) and the Netherlands (+X% per year).

Export Prices by Country

The export price for lighting sets for christmas trees in Cyprus stood at $X per unit in 2018, falling by -X% against the previous year. Over the period under review, the export price for lighting sets for christmas trees continues to indicate a deep descent. The growth pace was the most rapid in 2015 when the export price increased by X% year-to-year. Cyprus export price peaked at $X per unit in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Cambodia, while the other leaders experienced mixed trends in the export price figures.

Imports of Lighting Sets For Christmas Trees

Imports into Cyprus

Imports of lighting sets for christmas trees into Cyprus stood at X units in 2018, falling by -X% against the previous year. Overall, imports of lighting sets for christmas trees continue to indicate a deep downturn. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Cyprus imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, imports of lighting sets for christmas trees stood at $X in 2018. In general, imports of lighting sets for christmas trees continue to indicate a drastic slump. The pace of growth was the most pronounced in 2017 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 U.S. was the major importer of lighting sets for christmas trees in the world, with the volume of imports reaching X units, which was approx. X% of total imports in 2018. The UK (X units) occupied a X% share (based on tons) of total imports, which put it in second place, followed by Canada (X%), the Netherlands (X%) and Germany (X%). The following importers - Italy (X units), Poland (X units), Mexico (X units), Brazil (X units), Venezuela (X units) and France (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to lighting set for christmas trees imports into the U.S. stood at -X%. At the same time, Venezuela (+X%), the Netherlands (+X%), Canada (+X%) and Poland (+X%) displayed positive paces of growth. Moreover, Venezuela emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Germany and the UK experienced a relatively flat trend pattern. By contrast, France (-X%), Mexico (-X%), Italy (-X%) and Brazil (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the Netherlands and Canada increased by +X% and +X% percentage points, while Mexico (-X p.p.), Brazil (-X p.p.), Italy (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported lighting sets for christmas trees into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the Netherlands, with a X% share.

In the U.S., imports of lighting sets for christmas trees increased at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and the Netherlands (+X% per year).

Import Prices by Country

In 2018, the import price for lighting sets for christmas trees in Cyprus amounted to $X per unit, increasing by X% against the previous year. In general, the import price indicated strong growth from 2007 to 2018: its price 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. The growth pace was the most rapid in 2018 an increase of X% year-to-year. In that year, the import prices for lighting sets for christmas trees attained their peak level and is likely to continue its growth in the immediate term.

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

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

Source: IndexBox Platform