Cyprus: Aircraft Launching Gear Market Overview 2020

Aircraft Launching Gear Market Size in Cyprus

The revenue of the aircraft launching gear market in Cyprus amounted to $X in 2018, rising 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, aircraft launching gear consumption continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, the aircraft launching gear market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption stood at a somewhat lower figure.

Aircraft Launching Gear Exports

Exports by Country

The U.S. represented the main exporter of aircraft launching gear, deck-arrestor or similar gear and parts thereof in the world, with the volume of exports recording X tonnes, which was near X% of total exports in 2018. It was distantly followed by France (X tonnes), committing an X% share of total exports. Canada (X tonnes), Italy (X tonnes), Taiwan, Chinese (X tonnes) and Mozambique (X tonnes) followed a long way behind the leaders.

Exports from the U.S. increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mozambique (+X%), France (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%) and Taiwan, Chinese (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the U.S., France and Mozambique increased by +X%, +X% and +X% percentage points, while Canada (-X p.p.) and Taiwan, Chinese (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) remains the largest aircraft launching gear supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Italy ($X), with a X% share of global exports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. stood at +X%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and France (+X% per year).

Export Prices by Country

In 2018, the aircraft launching gear export price in Cyprus amounted to $X per tonne, therefore, remained relatively stable against the previous year. Overall, the aircraft launching gear export price continues to indicate a relatively flat trend pattern.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per tonne), while Mozambique ($X per tonne) was amongst the lowest.

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

Aircraft Launching Gear Imports

Imports into Cyprus

Aircraft launching gear imports into Cyprus amounted to X kg in 2018, waning by -X% against the previous year. Over the period under review, aircraft launching gear imports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2018 with a decrease of -X% year-to-year. Over the period under review, aircraft launching gear imports attained their maximum at X kg in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, aircraft launching gear imports totaled $X in 2018. In general, aircraft launching gear imports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2014 when imports increased by X% year-to-year. Over the period under review, aircraft launching gear imports reached their peak figure in 2018 and are likely to continue its growth in the immediate term.

Imports by Country

Iran prevails in aircraft launching gear imports structure, reaching X tonnes, which was approx. X% of total imports in 2018. France (X tonnes), the U.S. (X tonnes) and India (X tonnes) occupied a relatively small share of total imports.

Iran was also the fastest-growing in terms of the aircraft launching gear, deck-arrestor or similar gear and parts thereof imports, with a CAGR of +X% from 2007 to 2018. France experienced a relatively flat trend pattern. the U.S. (-X%) and India (-X%) illustrated a downward trend over the same period. Iran (+X p.p.) significantly strengthened its position in terms of the global imports, while India saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported aircraft launching gear, deck-arrestor or similar gear and parts thereof into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by the U.S., with a X% share.

From 2007 to 2018, the average annual growth rate of value in India amounted to -X%. In the other countries, the average annual rates were as follows: France (+X% per year) and the U.S. (-X% per year).

Import Prices by Country

The aircraft launching gear import price in Cyprus stood at $X per tonne in 2018, rising by X% against the previous year. Over the period under review, the aircraft launching gear import price continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2014 an increase of X% y-o-y. Cyprus import price peaked in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was India ($X per tonne), while Iran ($X per tonne) 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 mixed trends in the import price figures.

Source: IndexBox AI Platform