Latest Report Update: Dec 20, 2019

Cyprus - Diamonds And Other Precious Stones (Unworked) - Market Analysis, Forecast, Size, Trends and Insights

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Cyprus: Diamond Market Overview 2020

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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 tonnes 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 tonnes), Uruguay (X tonnes), China, Hong Kong SAR (X tonnes), Madagascar (X tonnes) and South Africa (X tonnes) represented roughly X% of total exports of diamonds and other precious stones (unworked) in 2018. Mozambique (X tonnes) took a X% share (based on tonnes) of total exports, which put it in second place, followed by Myanmar (X%). The following exporters - Mexico (X tonnes), India (X tonnes) and Singapore (X tonnes) - 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 tonne, 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 tonne 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 ($X per tonne), while Uruguay ($X per tonne) 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 tonnes 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 tonnes, which was near X% of total imports in 2018. It was distantly followed by China, Hong Kong SAR (X tonnes) and India (X tonnes), together making up a X% share of total imports. The following importers - the U.S. (X tonnes), Brazil (X tonnes), Thailand (X tonnes) and South Africa (X tonnes) - 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 tonne, 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 tonne. 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 ($X per tonne), while Brazil ($X per tonne) 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 AI Platform

Product coverage:
• Prodcom 8992100 -

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.


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 2030
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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