Cyprus: Radar Apparatus Market 2020

Radar Apparatus Market Size in Cyprus

The revenue of the radar apparatus market in Cyprus amounted to $X in 2018, waning by -X% against the previous year. In general, the total market indicated a slight increase from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, radar apparatus consumption decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. In that year, the radar apparatus market reached its peak level of $X. From 2016 to 2018, the growth of the radar apparatus market remained at a somewhat lower figure.

Radar Apparatus Production in Cyprus

In value terms, radar apparatus production amounted to $X in 2018 estimated in export prices. Overall, radar apparatus production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Over the period under review, radar apparatus production attained its maximum level at $X in 2016; however, from 2017 to 2018, production stood at a somewhat lower figure.

Radar Apparatus Exports

Exports from Cyprus

In 2018, the amount of radar apparatus, radio navigational aid apparatus and radio remote control apparatus exported from Cyprus stood at X tons, jumping by X% against the previous year. Overall, radar apparatus exports, however, continue to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2010 with an increase of X% year-to-year. Cyprus exports peaked at X tons in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, radar apparatus exports stood at $X in 2018. Overall, radar apparatus exports, however, continue to indicate an abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Cyprus exports peaked at $X in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

Exports by Country

In 2018, China (X tons), distantly followed by Germany (X tons), Mexico (X tons), Japan (X tons) and the U.S. (X tons) represented the major exporters of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together mixing up X% of total exports. Portugal (X tons), Hungary (X tons), France (X tons), South Korea (X tons), Taiwan, Chinese (X tons), the Czech Republic (X tons) and the Netherlands (X tons) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Portugal, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and the U.S. ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. These countries were followed by Mexico, Japan, Taiwan, Chinese, Hungary, France, the Netherlands, South Korea, Portugal, the Czech Republic and Cyprus, which together accounted for a further X the main exporting countries, Portugal recorded 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

In 2018, the radar apparatus export price in Cyprus amounted to $X per ton, coming down by -X% against the previous year. Over the period under review, the radar apparatus export price, however, continues to indicate perceptible growth. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Cyprus export price peaked at $X per ton in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per ton), while the Czech Republic ($X per ton) was amongst the lowest.

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

Radar Apparatus Imports

Imports into Cyprus

In 2018, the imports of radar apparatus, radio navigational aid apparatus and radio remote control apparatus into Cyprus totaled X tons, declining by -X% against the previous year. In general, radar apparatus imports, however, continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2008 when imports increased by X% against the previous year. Cyprus imports peaked at X tons in 2017, and then declined slightly in the following year.

In value terms, radar apparatus imports stood at $X in 2018. Over the period under review, radar apparatus imports, however, continue to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2015 with an increase of X% year-to-year. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tons), distantly followed by Germany (X tons), Japan (X tons) and the UK (X tons) represented the major importers of radar apparatus, radio navigational aid apparatus and radio remote control apparatus, together making up X% of total imports. China (X tons), the Netherlands (X tons), France (X tons), Canada (X tons), Brazil (X tons), Spain (X tons), Belgium (X tons) and the Czech Republic (X tons) occupied 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 the Czech Republic, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported radar apparatus, radio navigational aid apparatus and radio remote control apparatus into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by Japan, with a X% share.

In the U.S., radar apparatus imports remained relatively stable over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Japan (+X% per year).

Import Prices by Country

In 2018, the radar apparatus import price in Cyprus amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the radar apparatus import price continues to indicate a temperate increase. The pace of growth was the most pronounced in 2018 when the import price increased by X% year-to-year. Over the period under review, the import prices for radar apparatus, radio navigational aid apparatus and radio remote control apparatus reached their peak figure at $X per ton in 2015; however, from 2016 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while Brazil ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform