Cyprus: Threshing Machinery Market 2020

Threshing Machinery Market Size in Cyprus

The revenue of the threshing machinery market in Cyprus amounted to $X in 2018, reducing 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, threshing machinery consumption continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Cyprus threshing machinery consumption peaked at $X in 2013; however, from 2014 to 2018, consumption failed to regain its momentum.

Threshing Machinery Exports

Exports by Country

Brazil was the largest exporter of threshing machinery except combine harvester-threshers in the world, with the volume of exports finishing at X units, which was near X% of total exports in 2018. China (X units) held the second position in the ranking, distantly followed by Italy (X units) and India (X units). All these countries together held approx. X% share of total exports. Turkey (X units), Belarus (X units) and Uganda (X units) 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 Uganda (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest threshing machinery markets from Cyprus were Belarus ($X), Italy ($X) and Brazil ($X), together comprising X% of total exports. These countries were followed by Turkey, China, India, Uganda and Cyprus, which together accounted for a further X terms of the main exporting countries, Uganda recorded the highest rates of growth with regard to exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The threshing machinery export price in Cyprus stood at $X per unit in 2018, flattening at the previous year. Overall, the threshing machinery export price continues to indicate a relatively flat trend pattern. Cyprus export price peaked at $X per unit in 2012; however, from 2013 to 2018, export prices failed to regain their momentum.

Prices varied noticeably by the country of origin; the country with the highest price was Belarus ($X per unit), while Uganda ($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.

Threshing Machinery Imports

Imports into Cyprus

In 2018, the threshing machinery imports into Cyprus totaled X units, declining by -X% against the previous year. In general, threshing machinery imports continue to indicate a slight slump. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Cyprus imports peaked at X units in 2013; however, from 2014 to 2018, imports stood at a somewhat lower figure.

In value terms, threshing machinery imports stood at $X in 2018. Over the period under review, threshing machinery imports continue to indicate a significant downturn. The growth pace was the most rapid in 2009 with an increase of X% year-to-year. Over the period under review, threshing machinery imports attained their peak figure at $X in 2010; however, from 2011 to 2018, imports remained at a lower figure.

Imports by Country

Nepal was the main importing country with an import of around X units, which recorded X% of total imports. Russia (X units) occupied the second position in the ranking, followed by Panama (X units). All these countries together took near X% share of total imports. Ethiopia (X units), Djibouti (X units), Lao People's Democratic Republic (X units), Thailand (X units), Ukraine (X units) and Democratic People's Republic of Korea (X units) occupied a little share of total imports.

Imports into Nepal increased at an average annual rate of +X% from 2007 to 2018. At the same time, Panama (+X%), Ethiopia (+X%), Djibouti (+X%), Thailand (+X%), Russia (+X%), Lao People's Democratic Republic (+X%), Democratic People's Republic of Korea (+X%) and Ukraine (+X%) displayed positive paces of growth. Moreover, Panama emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. From 2007 to 2018, the share of Nepal, Russia, Panama, Ethiopia, Djibouti, Lao People's Democratic Republic and Thailand increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Ukraine ($X), Russia ($X) and Nepal ($X) appeared to be the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

In terms of the main importing countries, Nepal recorded 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 threshing machinery import price in Cyprus amounted to $X per unit, falling by -X% against the previous year. Over the period under review, the threshing machinery import price continues to indicate a mild shrinkage. The pace of growth appeared the most rapid in 2014 when the import price increased by X% against the previous year. In that year, the import prices for threshing machinery except combine harvester-threshers reached their peak level of $X per unit. From 2015 to 2018, the growth in terms of the import prices for threshing machinery except combine harvester-threshers remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Ukraine ($X per unit), while Panama ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Democratic People's Republic of Korea, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform