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Cyprus - Diamonds and Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights
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Diamond Market Size in Cyprus
The revenue of the diamond market in Cyprus amounted to $X in 2018, coming down by -X% against the previous year. Overall, diamond consumption continues to indicate a deep shrinkage. The pace of growth was the most pronounced in 2013 when the market value increased by X% against the previous year. Over the period under review, the diamond market reached its peak figure level at $X in 2014; however, from 2015 to 2018, consumption stood at a somewhat lower figure.
Diamond Production in Cyprus
In value terms, diamond production totaled $X in 2018 estimated in export prices. In general, diamond production continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2009 when production volume increased by X% year-to-year. In that year, diamond production reached its peak level of $X. From 2010 to 2018, diamond production growth remained at a somewhat lower figure.
Diamond Exports
Exports from Cyprus
In 2018, the exports of diamonds and other precious stones (unworked) from Cyprus totaled X kg, picking up by X% against the previous year. In general, diamond exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, diamond exports reached their maximum at X tons in 2011; however, from 2012 to 2018, exports failed to regain their momentum.
In value terms, diamond exports totaled $X in 2018. In general, diamond exports continue to indicate a resilient increase. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Cyprus exports peaked in 2018 and are expected to retain its growth in the immediate term.
Exports by Country
Brazil (X tons), Uruguay (X tons), China, Hong Kong SAR (X tons), Madagascar (X tons) and South Africa (X tons) represented roughly X% of total exports of diamonds and other precious stones (unworked) in 2018. Mozambique (X tons) took a X% share (based on tons) of total exports, which put it in second place, followed by Myanmar (X%). The following exporters - Mexico (X tons), India (X tons) and Singapore (X tons) - together made up X% of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by India, while the other leaders experienced more modest paces of growth.
In value terms, the largest diamond markets from Cyprus were China, Hong Kong SAR ($X), India ($X) and South Africa ($X), together comprising X% of total exports. Singapore, Myanmar, Brazil, Mozambique, Madagascar, Uruguay, Mexico and Cyprus lagged somewhat behind, together accounting for a further X the main exporting countries, Mozambique experienced 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
In 2018, the diamond export price in Cyprus amounted to $X per ton, coming down by -X% against the previous year. In general, the diamond export price continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2013 when the export price increased by X% y-o-y. Cyprus export price peaked at $X per ton in 2009; however, from 2010 to 2018, export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was India ($X per ton), while Uruguay ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Myanmar, while the other leaders experienced mixed trends in the export price figures.
Diamond Imports
Imports into Cyprus
In 2018, the amount of diamonds and other precious stones (unworked) imported into Cyprus totaled X kg, waning by -X% against the previous year. In general, diamond imports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. Cyprus imports peaked at X tons in 2014; however, from 2015 to 2018, imports stood at a somewhat lower figure.
In value terms, diamond imports totaled $X in 2018. In general, diamond imports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Cyprus imports peaked at $X in 2012; however, from 2013 to 2018, imports remained at a lower figure.
Imports by Country
China prevails in diamond imports structure, reaching X tons, which was near X% of total imports in 2018. It was distantly followed by China, Hong Kong SAR (X tons) and India (X tons), together making up a X% share of total imports. The following importers - the U.S. (X tons), Brazil (X tons), Thailand (X tons) and South Africa (X tons) - together made up X% of total imports.
Imports into China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, India (+X%), Brazil (+X%) and South Africa (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%), Thailand (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) and Brazil (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) and China (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, India ($X) constitutes the largest market for imported diamonds and other precious stones (unworked) into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by China, with a X% share.
In India, diamond imports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: China, Hong Kong SAR (+X% per year) and China (-X% per year).
Import Prices by Country
In 2018, the diamond import price in Cyprus amounted to $X per ton, falling by -X% against the previous year. Overall, the diamond import price, however, continues to indicate resilient growth. The most prominent rate of growth was recorded in 2012 when the import price increased by X% y-o-y. In that year, the import prices for diamonds and other precious stones (unworked) attained their peak level of $X per ton. From 2013 to 2018, the growth in terms of the import prices for diamonds and other precious stones (unworked) failed to regain its momentum.
Prices varied noticeably by the country of destination; the country with the highest price was India ($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 China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the diamond market in Cyprus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 8992100 -
Country coverage:
- Cyprus
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Cyprus
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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