Cyprus: Balloon And Dirigible Market Overview 2020

Balloon And Dirigible Market Size in Cyprus

The revenue of the balloon and dirigible market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, balloon and dirigible consumption, however, continues to indicate a measured curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% y-o-y. Over the period under review, the balloon and dirigible market attained its peak figure level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Balloon And Dirigible Production in Cyprus

In value terms, balloon and dirigible production totaled $X in 2018 estimated in export prices. In general, balloon and dirigible production, however, continues to indicate a temperate curtailment. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, balloon and dirigible production attained its maximum level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Balloon And Dirigible Exports

Exports from Cyprus

In 2018, the amount of balloons and dirigibles; gliders, hang gliders and other non-powered aircraft exported from Cyprus stood at X units, leveling off at the previous year. Overall, balloon and dirigible exports continue to indicate a relatively flat trend pattern.

In value terms, balloon and dirigible exports totaled $X in 2018. Overall, balloon and dirigible exports continue to indicate a relatively flat trend pattern.

Exports by Country

The countries with the highest levels of balloon and dirigible exports in 2018 were South Africa (X units), together finishing at X% of total export.

South Africa was also the fastest-growing in terms of the balloons and dirigibles; gliders, hang gliders and other non-powered aircraft exports, with a CAGR of +X% from 2007 to 2018. South Africa (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, South Africa ($X) also remains the largest balloon and dirigible supplier from Cyprus.

In South Africa, balloon and dirigible exports increased at an average annual rate of +X% over the period from 2007-2018.

Export Prices by Country

In 2018, the balloon and dirigible export price in Cyprus amounted to $X per unit, remaining stable against the previous year. Over the period under review, the balloon and dirigible export price continues to indicate a relatively flat trend pattern.

As there is only one major export destination, the average price level is determined by prices for South Africa.

From 2007 to 2018, the rate of growth in terms of prices for South Africa amounted to +X% per year.

Balloon And Dirigible Imports

Imports into Cyprus

In 2018, approx. X units of balloons and dirigibles; gliders, hang gliders and other non-powered aircraft were imported into Cyprus; remaining stable against the previous year. Over the period under review, balloon and dirigible imports continue to indicate a relatively flat trend pattern. Over the period under review, balloon and dirigible imports attained their maximum at X units in 2010; however, from 2011 to 2018, imports failed to regain their momentum.

In value terms, balloon and dirigible imports amounted to $X in 2018. Overall, balloon and dirigible imports continue to indicate a relatively flat trend pattern. Over the period under review, balloon and dirigible imports reached their peak figure at $X in 2010; however, from 2011 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Solomon Islands represented the largest importer of balloons and dirigibles; gliders, hang gliders and other non-powered aircraft in the world, with the volume of imports accounting for X units, which was near X% of total imports in 2018. The Philippines (X units) took a X% share (based on tonnes) of total imports, which put it in second place, followed by Botswana (X%).

Solomon Islands was also the fastest-growing in terms of the balloons and dirigibles; gliders, hang gliders and other non-powered aircraft imports, with a CAGR of +X% from 2007 to 2018. At the same time, the Philippines (+X%) displayed positive paces of growth. By contrast, Botswana (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Solomon Islands and the Philippines increased by +X% and +X% percentage points, while Botswana (-X p.p.) saw their share reduced.

In value terms, Botswana ($X), the Philippines ($X) and Solomon Islands ($X) were the countries with the highest levels of imports in 2018, together accounting for X% of total imports.

In terms of the main importing countries, Botswana experienced the highest growth rate of imports, over the last eleven years, while the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2018, the balloon and dirigible import price in Cyprus amounted to $X per unit, remaining stable against the previous year. Over the period under review, the balloon and dirigible import price continues to indicate a relatively flat trend pattern. Cyprus import price peaked at $X per unit in 2010; however, from 2011 to 2018, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Botswana ($X per unit), while Solomon Islands ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Botswana (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform