Feb 1, 2019

Cyprus - Cards Incorporating An Electronic Integrated Circuit (Smart Card) - Market Analysis, Forecast, Size, Trends and Insights

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Cyprus: Smart Card Market Overview 2019

Smart Card Market Size in Cyprus

The revenue of the smart card market in Cyprus amounted to $X in 2018, remaining stable against the previous year. Overall, smart card consumption, however, continues to indicate a relatively flat trend pattern.

Smart Card Production in Cyprus

In value terms, smart card production amounted to $X in 2018 estimated in export prices. Overall, smart card production, however, continues to indicate a drastic reduction. The most prominent rate of growth was recorded in 2012, with an increase of X% year-to-year. In that year, smart card production reached its peak level of $X. From 2013 to 2018, smart card production growth remained at a lower figure.

Smart Card Exports

Exports from Cyprus

In 2018, the amount of cards incorporating an electronic integrated circuit (smart card) exported from Cyprus stood at X units, approximately reflecting the previous year. Overall, smart card exports, however, continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Cyprus exports peaked at X units in 2012; however, from 2013 to 2018, exports stood at a somewhat lower figure.

In value terms, smart card exports stood at $X in 2018. Overall, smart card exports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2012, with an increase of X% y-o-y. In that year, smart card exports reached their peak of $X. From 2013 to 2018, the growth of smart card exports failed to regain its momentum.

Exports by Country

Viet Nam represented the major exporter of cards incorporating an electronic integrated circuit (smart card) in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. It was distantly followed by China (X units), comprising X% share of total exports. The following exporters - Malaysia (X units) and Mexico (X units) - each resulted at a X% share of total exports.

Viet Nam was also the fastest growing in terms of the cards incorporating an electronic integrated circuit (smart card) exports, with a CAGR of +X% from 2007 to 2018. At the same time, Mexico (+X%), Malaysia (+X%) and China (+X%) displayed positive paces of growth. While the share of Mexico (-X%), Malaysia (-X%), China (-X%) and Viet Nam (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest smart card supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Malaysia, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China stood at +X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Malaysia (+X% per year).

Export Prices by Country

In 2018, the smart card export price in Cyprus amounted to $X per thousand units, surging by X% against the previous year. Overall, the smart card export price, however, continues to indicate an abrupt drop. The most prominent rate of growth was recorded in 2012, when the export price increased by X% year-to-year. In that year, the export prices for cards incorporating an electronic integrated circuit (smart card) attained their peak level of $X per thousand units. From 2013 to 2018, the growth in terms of the export prices for cards incorporating an electronic integrated circuit (smart card) remained at a lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Mexico ($X per thousand units), while Viet Nam ($X per thousand units) was amongst the lowest.

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

Smart Card Imports

Imports into Cyprus

In 2018, imports of cards incorporating an electronic integrated circuit (smart card) into Cyprus amounted to X units, approximately mirroring the previous year. Overall, smart card imports continue to indicate a mild expansion. The most prominent rate of growth was recorded in 2008, when imports increased by X% year-to-year. In that year, smart card imports attained their peak of X units. From 2009 to 2018, the growth of smart card imports remained at a somewhat lower figure.

In value terms, smart card imports totaled $X in 2018. Over the period under review, smart card imports continue to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2018, with an increase of X% y-o-y. In that year, smart card imports attained their peak , and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China (X units) and the U.S. (X units) represented the key importers of cards incorporating an electronic integrated circuit (smart card) around the world, together mixing up X% of total imports. India (X units) ranks next in terms of the total imports with a X% share, followed by Germany (X%) and Viet Nam (X%). The Netherlands (X units), the UK (X units), France (X units), South Africa (X units), Indonesia (X units), China, Hong Kong SAR (X units) and Russia (X units) occupied a minor share 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 Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported cards incorporating an electronic integrated circuit (smart card) into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by China ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. was relatively modest. The remaining importing countries recorded the following average annual rates of imports growth: China (+X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the smart card import price in Cyprus amounted to $X per thousand units, growing by X% against the previous year. In general, the smart card import price continues to indicate a perceptible growth. The most prominent rate of growth was recorded in 2018, when the import price increased by X% year-to-year. In that year, the import prices for cards incorporating an electronic integrated circuit (smart card) attained their peak level, and is likely to continue its growth in the immediate term.

Import prices varied noticeably by the country of destination; the country with the highest import price was China, Hong Kong SAR ($X per thousand units), while Viet Nam ($X per thousand units) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by China, Hong Kong SAR, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 26123000 - Smart cards

This report provides an in-depth analysis of the smart card 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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