Cyprus: Sawn Wood Market 2020

Sawn Wood Market Size in Cyprus

The revenue of the sawn wood market in Cyprus amounted to $X in 2018, reducing by -X% against the previous year. Over the period under review, sawn wood consumption continues to indicate an abrupt slump. The most prominent rate of growth was recorded in 2016, when the market value increased by X% against the previous year. In that year, the sawn wood market reached its peak level of $X. From 2017 to 2018, the growth of the sawn wood market failed to regain its momentum.

Sawn Wood Production in Cyprus

In value terms, sawn wood production stood at $X in 2018 estimated in export prices. In general, sawn wood production, however, continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2009, with an increase of X% y-o-y. In that year, sawn wood production reached its peak level of $X. From 2010 to 2018, sawn wood production growth remained at a somewhat lower figure.

Sawn Wood Exports

Exports from Cyprus

In 2018, the amount of wood sawn or chipped lengthwise exported from Cyprus stood at X cubic meters, waning by -X% against the previous year. Over the period under review, sawn wood exports continue to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2010, when exports increased by X% against the previous year. Cyprus exports peaked at X cubic meters in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, sawn wood exports stood at $X in 2018. Over the period under review, sawn wood exports continue to indicate a drastic shrinkage. The pace of growth appeared the most rapid in 2011, when exports increased by X% year-to-year. In that year, sawn wood exports attained their peak of $X. From 2012 to 2018, the growth of sawn wood exports failed to regain its momentum.

Exports by Country

Indonesia was the main exporting country with an export of around X cubic meters, which accounted for X% of total exports. It was distantly followed by China (X cubic meters) and Brazil (X cubic meters), together creating X% share of total exports. Peru (X cubic meters) and Malaysia (X cubic meters) took a little share of total exports.

Indonesia was also the fastest growing in terms of the wood sawn or chipped lengthwise exports, with a CAGR of +X% from 2007 to 2018. Brazil (-X%), Peru (-X%), China (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. China (X%), Brazil (X%), Malaysia (X%) and Peru (X%) significantly strengthened its position in terms of the global exports, while Indonesia saw its share reduced by -X% from 2007 to 2018, respectively.

In value terms, the largest sawn wood markets from Cyprus were Malaysia ($X), Indonesia ($X) and Brazil ($X), together accounting for X% of total exports.

Malaysia experienced the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2018, the sawn wood export price in Cyprus amounted to $X per cubic meter, jumping by X% against the previous year. Over the period under review, the sawn wood export price continues to indicate a prominent growth. The pace of growth appeared the most rapid in 2009, an increase of X% y-o-y. In that year, the export prices for wood sawn or chipped lengthwise reached their peak level of $X per cubic meter. From 2010 to 2018, the growth in terms of the export prices for wood sawn or chipped lengthwise remained at a somewhat lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Malaysia ($X per cubic meter), while Indonesia ($X per cubic meter) was amongst the lowest.

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

Sawn Wood Imports

Imports into Cyprus

In 2018, approx. X cubic meters of wood sawn or chipped lengthwise were imported into Cyprus; coming down by -X% against the previous year. In general, sawn wood imports continue to indicate a deep decline. The most prominent rate of growth was recorded in 2017, with an increase of X% y-o-y. Over the period under review, sawn wood imports reached their maximum at X cubic meters in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, sawn wood imports totaled $X in 2018. Overall, sawn wood imports continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Cyprus imports peaked at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

The countries with the highest levels of sawn wood imports in 2018 were the U.S. (X cubic meters), the UK (X cubic meters) and Taiwan, Chinese (X cubic meters), together finishing at X% of total import. Mexico (X cubic meters) took the next position in the ranking, followed by France (X cubic meters), South Korea (X cubic meters) and Australia (X cubic meters). All these countries together took near X% share of total imports. The following importers - Germany (X cubic meters), Japan (X cubic meters), Italy (X cubic meters), Saudi Arabia (X cubic meters) and India (X cubic meters) - together made up X% 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 Taiwan, Chinese, while the other leaders experienced more modest paces of growth.

In value terms, the largest sawn wood importing markets into Cyprus were the U.S. ($X), the UK ($X) and Italy ($X), with a combined X% share of total imports. These countries were followed by Germany, France, Japan, India, Mexico, Australia, Saudi Arabia, South Korea, Taiwan, Chinese and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The sawn wood import price in Cyprus stood at $X per cubic meter in 2018, surging by X% against the previous year. Over the period under review, the sawn wood import price, however, continues to indicate a deep descent. The pace of growth appeared the most rapid in 2009, when the import price increased by X% against the previous year. In that year, the import prices for wood sawn or chipped lengthwise reached their peak level of $X per cubic meter. From 2010 to 2018, the growth in terms of the import prices for wood sawn or chipped lengthwise remained at a somewhat lower figure.

Import prices varied noticeably by the country of destination; the country with the highest import price was Italy ($X per cubic meter), while Taiwan, Chinese ($X per cubic meter) was amongst the lowest.

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

Source: IndexBox Platform