Cyprus: Market for Machine-Tools For Working Any Material By Removal Of Material 2019

Market Size for Machine-Tools For Working Any Material By Removal Of Material in Cyprus

The revenue of the machine-tool for removing material market in Cyprus amounted to $X in 2018, surging 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, machine-tool for removing material consumption continues to indicate strong growth. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, the machine-tool for removing material market reached its maximum level at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Exports of Machine-Tools For Working Any Material By Removal Of Material

Exports from Cyprus

In 2018, the amount of machine-tools for working any material by removal of material exported from Cyprus stood at X units, falling by -X% against the previous year. Over the period under review, machine-tool for removing material exports continue to indicate a drastic curtailment. The growth pace was the most rapid in 2009 when exports increased by X% y-o-y. Over the period under review, machine-tool for removing material exports attained their maximum at X units in 2010; however, from 2011 to 2018, exports remained at a lower figure.

In value terms, machine-tool for removing material exports totaled $X in 2018. Over the period under review, machine-tool for removing material exports continue to indicate a drastic decrease. The pace of growth appeared the most rapid in 2012 when exports increased by X% against the previous year. Over the period under review, machine-tool for removing material exports attained their peak figure at $X in 2010; however, from 2011 to 2018, exports stood at a somewhat lower figure.

Exports by Country

New Zealand (X units) and China (X units) represented roughly X% of total exports of machine-tools for working any material by removal of material in 2018. The UK (X units) took the next position in the ranking, followed by the U.S. (X units) and South Africa (X units). All these countries together took approx. X% share of total exports. Japan (X units), South Korea (X units), Germany (X units), Mexico (X units), Italy (X units) and Israel (X units) took a little share 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 New Zealand (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest machine-tool for removing material markets from Cyprus were Germany ($X), Japan ($X) and China ($X), together comprising X% of total exports. These countries were followed by the U.S., Italy, South Korea, the UK, Mexico, New Zealand, Israel, South Africa and Cyprus, which together accounted for a further X the main exporting countries, Mexico experienced the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the machine-tool for removing material export price in Cyprus amounted to $X per unit, lowering by -X% against the previous year. Over the period under review, the machine-tool for removing material export price continues to indicate a deep contraction. The growth pace was the most rapid in 2012 an increase of X% y-o-y. Cyprus export price peaked at $X per unit in 2010; however, from 2011 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while South Africa ($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 more modest paces of growth.

Imports of Machine-Tools For Working Any Material By Removal Of Material

Imports into Cyprus

In 2018, the imports of machine-tools for working any material by removal of material into Cyprus totaled X units, growing by X% against the previous year. Overall, machine-tool for removing material imports continue to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, machine-tool for removing material imports reached their maximum at X units in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, machine-tool for removing material imports totaled $X in 2018. Overall, machine-tool for removing material imports continue to indicate a measured increase. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. In that year, machine-tool for removing material imports attained their peak of $X. From 2009 to 2018, the growth of machine-tool for removing material imports remained at a somewhat lower figure.

Imports by Country

Mexico was the major importing country with an import of around X units, which amounted to X% of total imports. The Philippines (X units) took the second position in the ranking, distantly followed by the U.S. (X units) and Indonesia (X units). All these countries together took approx. X% share of total imports. The following importers - Canada (X units), Taiwan, Chinese (X units) and Thailand (X units) - together made up X% of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by the Philippines (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported machine-tools for working any material by removal of material into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global imports. It was followed by Taiwan, Chinese, with a X% share.

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

Import Prices by Country

In 2018, the machine-tool for removing material import price in Cyprus amounted to $X per unit, reducing by -X% against the previous year. Overall, the machine-tool for removing material import price continues to indicate a drastic setback. The growth pace was the most rapid in 2012 when the import price increased by X% year-to-year. Over the period under review, the import prices for machine-tools for working any material by removal of material reached their maximum at $X per unit in 2008; however, from 2009 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Taiwan, Chinese ($X per unit), while the Philippines ($X per unit) 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 a decline in the import price figures.

Source: IndexBox Platform