Cyprus: Pacemaker Market 2020

Pacemaker Market Size in Cyprus

The revenue of the pacemaker 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, pacemaker consumption continues to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2008 when the market value increased by X% y-o-y. Over the period under review, the pacemaker market reached its maximum level at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Pacemaker Exports

Exports from Cyprus

In 2018, the amount of pacemakers for stimulating heart muscles (excl. parts and accessories) exported from Cyprus stood at X units, declining by -X% against the previous year. In general, pacemaker exports continue to indicate a dramatic deduction. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Over the period under review, pacemaker exports attained their maximum at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, pacemaker exports totaled $X in 2018. Over the period under review, pacemaker exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2013 when exports increased by X% year-to-year. Cyprus exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

The countries with the highest levels of pacemaker exports in 2018 were Ireland (X units), Germany (X units), the U.S. (X units), Malaysia (X units), Belgium (X units), Switzerland (X units), Sweden (X units), the Netherlands (X units), France (X units), Singapore (X units) and Italy (X units), together amounting to 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 Belgium, while the other leaders experienced more modest paces of growth.

In value terms, the largest pacemaker markets from Cyprus were Ireland ($X), Germany ($X) and Belgium ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Belgium 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 pacemaker export price in Cyprus stood at $X per unit in 2018, coming down by -X% against the previous year. Overall, the pacemaker export price continues to indicate a significant decrease. The most prominent rate of growth was recorded in 2014 when the export price increased by X% y-o-y. Cyprus export price peaked at $X per unit in 2016; however, from 2017 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 ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Pacemaker Imports

Imports into Cyprus

In 2018, approx. X units of pacemakers for stimulating heart muscles (excl. parts and accessories) were imported into Cyprus; reducing by -X% against the previous year. Over the period under review, pacemaker imports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. Cyprus imports peaked at X units in 2009; however, from 2010 to 2018, imports remained at a lower figure.

In value terms, pacemaker imports amounted to $X in 2018. In general, pacemaker imports continue to indicate an abrupt contraction. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. In that year, pacemaker imports attained their peak of $X. From 2009 to 2018, the growth of pacemaker imports remained at a somewhat lower figure.

Imports by Country

France (X units), the U.S. (X units), Germany (X units), Japan (X units), the Netherlands (X units) and Sweden (X units) represented roughly X% of total imports of pacemakers for stimulating heart muscles (excl. parts and accessories) in 2018. Australia (X units), Spain (X units), Italy (X units), China (X units), the UK (X units) and India (X units) held a minor share 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 China, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), France ($X) and Germany ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports. These countries were followed by the Netherlands, Japan, Italy, the UK, China, Spain, Australia, India, Sweden and Cyprus, which together accounted for a further X the main importing countries, China recorded the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the pacemaker import price in Cyprus amounted to $X per unit, picking up by X% against the previous year. In general, the pacemaker import price continues to indicate a noticeable expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by X% y-o-y. In that year, the import prices for pacemakers for stimulating heart muscles (excl. parts and accessories) reached their peak level and is likely to continue its growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per unit), while Sweden ($X per unit) 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