Cyprus: Pump For Liquid Market 2020

Pump For Liquid Market Size in Cyprus

The revenue of the pump for liquid market in Cyprus amounted to $X in 2018, rising 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, pump for liquid consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, the pump for liquid market attained its peak level of $X. From 2009 to 2018, the growth of the pump for liquid market remained at a lower figure.

Pump For Liquid Exports

Exports from Cyprus

In 2018, the pump for liquid exports from Cyprus amounted to X units, coming down by -X% against the previous year. Over the period under review, pump for liquid exports, however, continue to indicate a pronounced increase. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Cyprus exports peaked at X units in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, pump for liquid exports stood at $X in 2018. Overall, pump for liquid exports, however, continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Cyprus exports peaked at $X in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

Exports by Country

China represented the key exporter of pumps for liquids and liquid elevators in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. Mexico (X units) held the second position in the ranking, distantly followed by Germany (X units). All these countries together took approx. X% share of total exports. The following exporters - Italy (X units), South Korea (X units), the UK (X units) and the Czech Republic (X units) - together made up X% of total exports.

China was also the fastest-growing in terms of the pumps for liquids and liquid elevators exports, with a CAGR of +X% from 2007 to 2018. At the same time, South Korea (+X%), the Czech Republic (+X%), the UK (+X%), Mexico (+X%), Italy (+X%) and Germany (+X%) displayed positive paces of growth. While the share of China (+X p.p.) and Mexico (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest pump for liquid markets from Cyprus were Germany ($X), China ($X) and Italy ($X), with a combined X% share of total exports.

China recorded the highest rates of growth with regard to exports, in terms of 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 pump for liquid export price in Cyprus stood at $X per unit in 2018, jumping by X% against the previous year. In general, the pump for liquid export price, however, continues to indicate a deep contraction. The pace of growth appeared the most rapid in 2018 when the export price increased by X% year-to-year. Cyprus export price peaked at $X per unit in 2007; however, from 2008 to 2018, export prices remained at a 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 Czech Republic ($X per unit), while China ($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 a decline in the export price figures.

Pump For Liquid Imports

Imports into Cyprus

Pump for liquid imports into Cyprus totaled X units in 2018, picking up by X% against the previous year. Overall, pump for liquid imports continue to indicate modest growth. The growth pace was the most rapid in 2008 when imports increased by X% year-to-year. In that year, pump for liquid imports attained their peak of X units. From 2009 to 2018, the growth of pump for liquid imports remained at a lower figure.

In value terms, pump for liquid imports stood at $X in 2018. Over the period under review, pump for liquid imports continue to indicate a slight reduction. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The U.S. represented the main importing country with an import of around X units, which reached X% of total imports. Germany (X units) held a X% share (based on tons) of total imports, which put it in second place, followed by the UK (X%). The following importers - Canada (X units), Russia (X units), Hungary (X units), Mexico (X units), Italy (X units), Poland (X units), the Czech Republic (X units) and Greece (X units) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to pump for liquid imports into the U.S. stood at +X%. At the same time, Hungary (+X%), Greece (+X%), Russia (+X%), Germany (+X%), the Czech Republic (+X%), the UK (+X%), Italy (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Hungary emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Poland experienced a relatively flat trend pattern. By contrast, Mexico (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.), the UK (+X p.p.), Hungary (+X p.p.), Russia (+X p.p.) and Italy (+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 U.S. ($X) constitutes the largest market for imported pumps for liquids and liquid elevators into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Canada, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and Canada (+X% per year).

Import Prices by Country

The pump for liquid import price in Cyprus stood at $X per unit in 2018, increasing by X% against the previous year. Over the period under review, the pump for liquid import price, however, continues to indicate a temperate drop. The pace of growth was the most pronounced in 2013 when the import price increased by X% y-o-y. Cyprus import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform