Cyprus: Seeder And Planter Market 2020

Seeder And Planter Market Size in Cyprus

The revenue of the seeder and planter market in Cyprus amounted to $X in 2018, approximately mirroring the previous year. Overall, the total market indicated slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, seeder and planter consumption decreased by -X% against 2013 indices. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the seeder and planter market reached its peak figure level at $X in 2012; however, from 2013 to 2018, consumption failed to regain its momentum.

Seeder And Planter Production in Cyprus

In value terms, seeder and planter production amounted to $X in 2018 estimated in export prices. Over the period under review, the total output indicated a conspicuous expansion 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, seeder and planter production increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2012 when production volume increased by X% year-to-year. In that year, seeder and planter production attained its peak level of $X. From 2013 to 2018, seeder and planter production growth remained at a somewhat lower figure.

Seeder And Planter Exports

Exports from Cyprus

In 2018, approx. X units of seeders, planters, transplanters were exported from Cyprus; going up by X% against the previous year. Over the period under review, seeder and planter exports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2012 when exports increased by X% y-o-y. In that year, seeder and planter exports reached their peak of X units. From 2013 to 2018, the growth of seeder and planter exports failed to regain its momentum.

In value terms, seeder and planter exports stood at $X in 2018. Over the period under review, seeder and planter exports continue to indicate skyrocketing growth. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Over the period under review, seeder and planter exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

Exports by Country

In 2018, China (X units) was the largest exporter of seeders, planters, transplanters, making up X% of total exports. Germany (X units) took an X% share (based on tons) of total exports, which put it in second place, followed by the U.S. (X%). Italy (X units), France (X units), Mexico (X units), Canada (X units), Poland (X units), South Africa (X units), Taiwan, Chinese (X units), Sweden (X units) and Ukraine (X units) took a relatively small share of total exports.

From 2007 to 2018, average annual rates of growth with regard to seeder and planter exports from China stood at +X%. At the same time, Taiwan, Chinese (+X%), South Africa (+X%), France (+X%), Germany (+X%), Sweden (+X%), Ukraine (+X%), Italy (+X%) and the U.S. (+X%) displayed positive paces of growth. Moreover, Taiwan, Chinese emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Poland experienced a relatively flat trend pattern. By contrast, Canada (-X%) and Mexico (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Germany (+X p.p.), France (+X p.p.), Taiwan, Chinese (+X p.p.) and South Africa (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Canada (-X p.p.) and Mexico (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest seeder and planter markets from Cyprus were Germany ($X), the U.S. ($X) and Italy ($X), with a combined X% share of total exports. China, Sweden, France, Canada, Ukraine, Mexico, Poland, Taiwan, Chinese, South Africa and Cyprus lagged somewhat behind, together comprising a further X terms of the main exporting countries, Cyprus (+X% per year) recorded the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The seeder and planter export price in Cyprus stood at $X per unit in 2018, going up by X% against the previous year. Overall, the seeder and planter export price continues to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2015 when the export price increased by X% year-to-year. Over the period under review, the export prices for seeders, planters, transplanters attained their peak figure in 2018 and is likely to see steady growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was the U.S. ($X per unit), while South Africa ($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 export price figures.

Seeder And Planter Imports

Imports into Cyprus

Seeder and planter imports into Cyprus totaled X units in 2018, surging by X% against the previous year. Overall, seeder and planter imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. In that year, seeder and planter imports attained their peak of X units. From 2012 to 2018, the growth of seeder and planter imports failed to regain its momentum.

In value terms, seeder and planter imports totaled $X in 2018. In general, seeder and planter imports continue to indicate a strong increase. The most prominent rate of growth was recorded in 2011 when imports increased by X% y-o-y. In that year, seeder and planter imports attained their peak of $X. From 2012 to 2018, the growth of seeder and planter imports failed to regain its momentum.

Imports by Country

In 2018, the U.S. (X units), distantly followed by the UK (X units), Poland (X units), India (X units) and Canada (X units) represented the major importers of seeders, planters, transplanters, together comprising X% of total imports. The Czech Republic (X units), Guatemala (X units), Uruguay (X units), France (X units), Russia (X units), Sweden (X units) and Italy (X units) took a relatively small 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 Guatemala (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest seeder and planter importing markets into Cyprus were Canada ($X), Uruguay ($X) and Russia ($X), together comprising X% of total imports.

Among the main importing countries, Uruguay experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the seeder and planter import price in Cyprus amounted to $X per unit, coming down by -X% against the previous year. In general, the seeder and planter import price continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. Over the period under review, the import prices for seeders, planters, transplanters reached their maximum at $X per unit in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform