Cyprus: Printed Circuit Market 2020

Printed Circuit Market Size in Cyprus

The revenue of the printed circuit market in Cyprus amounted to $X in 2018, approximately reflecting the previous year. Over the period under review, printed circuit consumption continues to indicate a moderate slump. The pace of growth was the most pronounced in 2010 when the market value increased by X% y-o-y. Over the period under review, the printed circuit market attained its maximum level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Printed Circuit Production in Cyprus

In value terms, printed circuit production stood at $X in 2018 estimated in export prices. Over the period under review, printed circuit production continues to indicate a significant descent. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Cyprus printed circuit production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Printed Circuit Exports

Exports from Cyprus

In 2018, the printed circuit exports from Cyprus totaled X units, lowering by -X% against the previous year. Over the period under review, printed circuit exports continue to indicate a sharp decrease. The growth pace was the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, printed circuit exports reached their maximum at X units in 2012; however, from 2013 to 2018, exports remained at a lower figure.

In value terms, printed circuit exports amounted to $X in 2018. Over the period under review, printed circuit exports continue to indicate an extraordinary increase. The growth pace was the most rapid in 2018 when exports increased by X% year-to-year. In that year, printed circuit exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

In 2018, China (X units) and China, Hong Kong SAR (X units) were the key exporters of printed circuitsacross the globe, together mixing up X% of total exports. Thailand (X units) ranks next in terms of the total exports with a X% share, followed by Taiwan, Chinese (X%). The following exporters - Germany (X units), South Korea (X units) and Malaysia (X units) - each finished at a X% 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 Germany, while the other leaders experienced more modest paces of growth.

In value terms, China ($X), China, Hong Kong SAR ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Taiwan, Chinese, Thailand, Germany, Malaysia and Cyprus, which together accounted for a further X (+X% per year) experienced the highest rates of growth with regard to 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

The printed circuit export price in Cyprus stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the printed circuit export price continues to indicate an extraordinary expansion. The pace of growth was the most pronounced in 2018 when the export price increased by X% y-o-y. In that year, the export prices for printed circuits attained their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per unit), while Thailand ($X per unit) was amongst the lowest.

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

Printed Circuit Imports

Imports into Cyprus

Printed circuit imports into Cyprus amounted to X units in 2018, going up by X% against the previous year. Over the period under review, printed circuit imports continue to indicate resilient growth. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. In that year, printed circuit imports attained their peak of X units. From 2017 to 2018, the growth of printed circuit imports remained at a lower figure.

In value terms, printed circuit imports stood at $X in 2018. In general, printed circuit imports continue to indicate a buoyant increase. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, printed circuit imports reached their maximum in 2018 and are likely to see steady growth in the immediate term.

Imports by Country

In 2018, China, Hong Kong SAR (X units) was the main importer of printed circuits, constituting X% of total imports. China (X units) occupied the second position in the ranking, distantly followed by Germany (X units), Mexico (X units) and Hungary (X units). All these countries together occupied approx. X% share of total imports. The U.S. (X units), Vietnam (X units), Thailand (X units), South Korea (X units), Italy (X units), Japan (X units) and Romania (X units) occupied a little share of total imports.

Imports into China, Hong Kong SAR increased at an average annual rate of +X% from 2007 to 2018. At the same time, Vietnam (+X%), Romania (+X%), Mexico (+X%), Italy (+X%), Germany (+X%) and Thailand (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. South Korea and China experienced a relatively flat trend pattern. By contrast, Japan (-X%), Hungary (-X%) and the U.S. (-X%) illustrated a downward trend over the same period. China, Hong Kong SAR (+X p.p.), Mexico (+X p.p.), Germany (+X p.p.), Vietnam (+X p.p.) and Romania (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest printed circuit importing markets into Cyprus were China ($X), China, Hong Kong SAR ($X) and Vietnam ($X), with a combined X% share of total imports.

Vietnam recorded the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The printed circuit import price in Cyprus stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the printed circuit import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% year-to-year. In that year, the import prices for printed circuits attained their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for printed circuits failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Vietnam ($X per unit), while Italy ($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, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform