Cyprus: Photo Camera Market 2020

Photo Camera Market Size in Cyprus

The revenue of the photo camera market in Cyprus amounted to $X in 2018, surging by X% against the previous year. In general, photo camera consumption, however, continues to indicate an abrupt reduction. The pace of growth was the most pronounced in 2011 when the market value increased by X% year-to-year. Cyprus photo camera consumption peaked at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Photo Camera Production in Cyprus

In value terms, photo camera production stood at $X in 2018 estimated in export prices. Overall, photo camera production, however, continues to indicate a remarkable expansion. The pace of growth was the most pronounced in 2014 when production volume increased by X% y-o-y. In that year, photo camera production attained its peak level of $X. From 2015 to 2018, photo camera production growth remained at a lower figure.

Photo Camera Exports

Exports from Cyprus

Photo camera exports from Cyprus stood at X units in 2018, picking up by X% against the previous year. Overall, photo camera exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. In that year, photo camera exports reached their peak of X units. From 2015 to 2018, the growth of photo camera exports remained at a somewhat lower figure.

In value terms, photo camera exports totaled $X in 2018. Over the period under review, photo camera exports continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, photo camera exports attained their peak figure at $X in 2014; however, from 2015 to 2018, exports remained at a lower figure.

Exports by Country

China was the main exporting country with an export of around X units, which amounted to X% of total exports. It was distantly followed by the Netherlands (X units), Germany (X units), Mexico (X units) and Thailand (X units), together making up a X% share of total exports. The Philippines (X units), the U.S. (X units), China, Hong Kong SAR (X units), Malaysia (X units) and the UK (X units) occupied a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to photo camera exports from China stood at -X%. At the same time, Thailand (+X%) and the Netherlands (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Malaysia (-X%), the Philippines (-X%), the U.S. (-X%), Germany (-X%), the UK (-X%), China, Hong Kong SAR (-X%) and Mexico (-X%) illustrated a downward trend over the same period. The Netherlands (+X p.p.) and Thailand (+X p.p.) significantly strengthened its position in terms of the global exports, while Malaysia, the U.S., the Philippines, the UK, Germany, China, China, Hong Kong SAR and Mexico saw its share reduced by -X%, -X%, -X%, -X%, -X%, -X%, -X% and -X% from 2007 to 2018, respectively.

In value terms, the largest photo camera markets from Cyprus were China ($X), the Philippines ($X) and the U.S. ($X), together accounting for X% of total exports. The Netherlands, Germany, Thailand, China, Hong Kong SAR, the UK, Malaysia, Cyprus and Mexico lagged somewhat behind, together comprising a further X recorded the highest growth rate of exports, among the main exporting countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the photo camera export price in Cyprus amounted to $X per unit, remaining constant against the previous year. Over the period under review, the photo camera export price continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 when the export price increased by X% year-to-year. Cyprus export price peaked at $X per unit in 2013; however, from 2014 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 the Philippines ($X per unit), while Mexico ($X per unit) was amongst the lowest.

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

Photo Camera Imports

Imports into Cyprus

In 2018, the imports of photographic (other than cinematographic) cameras into Cyprus amounted to X units, picking up by X% against the previous year. Over the period under review, photo camera imports, however, continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Over the period under review, photo camera imports reached their peak figure at X units in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, photo camera imports amounted to $X in 2018. Over the period under review, photo camera imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Cyprus imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

In 2018, the U.S. (X units), Germany (X units) and Japan (X units) represented the largest importers of photographic (other than cinematographic) cameras in the world, making up X% of total import. Taiwan, Chinese (X units) ranks next in terms of the total imports with a X% share, followed by France (X%) and the UK (X%). China (X units), the Netherlands (X units), Algeria (X units), China, Hong Kong SAR (X units), Spain (X units) and Italy (X units) took 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 Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X), Germany ($X) and Japan ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports.

Germany recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The photo camera import price in Cyprus stood at $X per unit in 2018, rising by X% against the previous year. Over the period under review, the photo camera import price continues to indicate buoyant growth. The pace of growth appeared the most rapid in 2009 when the import price increased by X% year-to-year. Over the period under review, the import prices for photographic (other than cinematographic) cameras reached their maximum in 2018 and is expected to retain its growth in the immediate term.

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

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

Source: IndexBox Platform