Cyprus: Sheet Piling Market 2020

Sheet Piling Market Size in Cyprus

The revenue of the sheet piling market in Cyprus amounted to $X in 2018, lowering 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). Overall, sheet piling consumption continues to indicate a drastic setback. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Cyprus sheet piling consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Sheet Piling Exports

Exports from Cyprus

In 2018, the exports of sheet piling, shapes and sections (of iron or steel) from Cyprus stood at X kg, shrinking by -X% against the previous year. Overall, sheet piling exports, however, continue to indicate an extraordinary increase. The pace of growth was the most pronounced in 2012 when exports increased by X% y-o-y. In that year, sheet piling exports reached their peak of X kg. From 2013 to 2018, the growth of sheet piling exports remained at a lower figure.

In value terms, sheet piling exports amounted to $X in 2018. In general, sheet piling exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. In that year, sheet piling exports reached their peak of $X. From 2010 to 2018, the growth of sheet piling exports remained at a lower figure.

Exports by Country

Luxembourg (X tons) and China (X tons) represented the largest exporters of sheet piling, shapes and sections (of iron or steel) in 2018, finishing at near X% and X% of total exports, respectively. Japan (X tons) ranks next in terms of the total exports with a X% share, followed by South Korea (X%), Poland (X%) and the Czech Republic (X%). The Netherlands (X tons), Thailand (X tons), Oman (X tons) and the United Arab Emirates (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 Oman, while the other leaders experienced more modest paces of growth.

In value terms, Luxembourg ($X), China ($X) and Japan ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports. Poland, the Czech Republic, South Korea, the Netherlands, Thailand, the United Arab Emirates, Oman and Cyprus lagged somewhat behind, together accounting for a further X the main exporting countries, South Korea recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The sheet piling export price in Cyprus stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the sheet piling export price continues to indicate an abrupt descent. The growth pace was the most rapid in 2009 when the export price increased by X% y-o-y. In that year, the export prices for sheet piling, shapes and sections (of iron or steel) reached their peak level of $X per ton. From 2010 to 2018, the growth in terms of the export prices for sheet piling, shapes and sections (of iron or steel) remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while Oman ($X per ton) 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.

Sheet Piling Imports

Imports into Cyprus

In 2018, the amount of sheet piling, shapes and sections (of iron or steel) imported into Cyprus totaled X tons, dropping by -X% against the previous year. In general, sheet piling imports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2011 with an increase of X% year-to-year. Cyprus imports peaked at X tons in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, sheet piling imports amounted to $X in 2018. Over the period under review, sheet piling imports continue to indicate an abrupt reduction. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. In that year, sheet piling imports reached their peak of $X. From 2012 to 2018, the growth of sheet piling imports remained at a somewhat lower figure.

Imports by Country

The imports of the three major importers of sheet piling, shapes and sections (of iron or steel), namely the Philippines, the Netherlands and China, represented more than third of total import. China, Hong Kong SAR (X tons) took a X% share (based on tons) of total imports, which put it in second place, followed by Germany (X%). The U.S. (X tons), the UK (X tons), the United Arab Emirates (X tons), Malaysia (X tons), Bangladesh (X tons), Denmark (X tons) and Indonesia (X tons) 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 Bangladesh (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling importing markets into Cyprus were the Netherlands ($X), the Philippines ($X) and China ($X), with a combined X% share of total imports. These countries were followed by Germany, the U.S., the UK, China, Hong Kong SAR, Denmark, Malaysia, the United Arab Emirates, Indonesia, Bangladesh and Cyprus, which together accounted for a further X terms of the main importing countries, Bangladesh (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the sheet piling import price in Cyprus amounted to $X per ton, surging by X% against the previous year. Overall, the import price indicated a buoyant increase from 2007 to 2018: its price 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. The most prominent rate of growth was recorded in 2008 an increase of X% y-o-y. Over the period under review, the import prices for sheet piling, shapes and sections (of iron or steel) reached their maximum at $X per ton in 2011; however, from 2012 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform