Cyprus: Prefabricated Buildings Market 2020

Prefabricated Buildings Market Size in Cyprus

The revenue of the prefabricated buildings market in Cyprus amounted to $X in 2018, jumping by X% against the previous year. Overall, prefabricated buildings consumption, however, continues to indicate a drastic reduction. The growth pace was the most rapid in 2017 when the market value increased by X% against the previous year. Over the period under review, the prefabricated buildings market reached its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Prefabricated Buildings Production in Cyprus

In value terms, prefabricated buildings production amounted to $X in 2018 estimated in export prices. Over the period under review, prefabricated buildings production, however, continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2010 when production volume increased by X% y-o-y. Over the period under review, prefabricated buildings production attained its peak figure level at $X in 2011; however, from 2012 to 2018, production failed to regain its momentum.

Prefabricated Buildings Exports

Exports from Cyprus

In 2018, the exports of prefabricated buildings from Cyprus stood at X units, waning by -X% against the previous year. In general, prefabricated buildings exports continue to indicate a drastic reduction. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. Over the period under review, prefabricated buildings exports reached their maximum at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.

In value terms, prefabricated buildings exports stood at $X in 2018. Overall, prefabricated buildings exports continue to indicate an abrupt setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Cyprus exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

China was the largest exporting country with an export of about X units, which amounted to X% of total exports. Estonia (X units) ranks second in terms of the total exports with a X% share, followed by the Netherlands (X%), the Czech Republic (X%) and Germany (X%). Lithuania (X units), the United Arab Emirates (X units), Spain (X units), Poland (X units), Italy (X units), Panama (X units) and Turkey (X units) took a little share of total exports.

From 2007 to 2018, average annual rates of growth with regard to prefabricated buildings exports from China stood at +X%. At the same time, Estonia (+X%), Panama (+X%), Lithuania (+X%), Poland (+X%), the Czech Republic (+X%), Germany (+X%), the Netherlands (+X%), Italy (+X%), Spain (+X%), Turkey (+X%) and the United Arab Emirates (+X%) displayed positive paces of growth. Moreover, Estonia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of China, Estonia, the Czech Republic, the Netherlands, Germany, Lithuania, Poland, Panama, Italy, Spain and Turkey increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest prefabricated buildings supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of global exports. It was followed by Estonia, with a X% share.

In China, prefabricated buildings exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: the Netherlands (+X% per year) and Estonia (+X% per year).

Export Prices by Country

In 2018, the prefabricated buildings export price in Cyprus amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the prefabricated buildings export price continues to indicate a moderate setback. The pace of growth was the most pronounced in 2009 an increase of X% against the previous year. Cyprus export price peaked at $X per unit in 2010; however, from 2011 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 the Netherlands ($X per unit), while Panama ($X per unit) was amongst the lowest.

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

Prefabricated Buildings Imports

Imports into Cyprus

In 2018, approx. X units of prefabricated buildings were imported into Cyprus; jumping by X% against the previous year. Over the period under review, prefabricated buildings imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2012 with an increase of X% against the previous year. Over the period under review, prefabricated buildings imports reached their peak figure in 2018 and are expected to retain its growth in the immediate term.

In value terms, prefabricated buildings imports amounted to $X in 2018. Over the period under review, prefabricated buildings imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Cyprus imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

Germany (X units), Norway (X units), France (X units), the U.S. (X units), Switzerland (X units), the UK (X units), Sweden (X units), the Netherlands (X units), Austria (X units), Indonesia (X units), Mexico (X units) and the Philippines (X units) represented roughly X% of total imports of prefabricated buildings in 2018.

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

In value terms, Germany ($X), Norway ($X) and the U.S. ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. France, the UK, Sweden, Switzerland, the Netherlands, Indonesia, Mexico, Austria, the Philippines and Cyprus lagged somewhat behind, together comprising a further X the main importing countries, Indonesia recorded the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the prefabricated buildings import price in Cyprus amounted to $X per unit, shrinking by -X% against the previous year. In general, the prefabricated buildings import price continues to indicate a dramatic descent. The pace of growth appeared the most rapid in 2011 when the import price increased by X% y-o-y. In that year, the import prices for prefabricated buildings attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for prefabricated buildings remained at a lower figure.

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

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

Source: IndexBox Platform