Cyprus - Domestic Food Grinders And Mixers And Fruit Or Vegetable Juice Extractors - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Food Mixer Market Overview 2019

Food Mixer Market Size in Cyprus

The revenue of the food mixer market in Cyprus amounted to $X in 2018, reducing by -X% against the previous year. In general, the total market indicated a slight growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the food mixer consumption decreased by -X% against 2016 indices. The growth pace was the most rapid in 2011, when the market value increased by X% y-o-y. Cyprus food mixer consumption peaked at $X in 2016; however, from 2017 to 2018, consumption failed to regain its momentum.

Food Mixer Production in Cyprus

In value terms, food mixer production stood at $X in 2018 estimated in export prices. In general, food mixer production continues to indicate a relatively flat trend pattern.

Food Mixer Exports

Exports from Cyprus

In 2018, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were exported from Cyprus; lowering by -X% against the previous year. Overall, food mixer exports continue to indicate a drastic deduction. 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 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, food mixer exports totaled $X in 2018. Overall, food mixer exports continue to indicate a mild increase. The growth pace was the most rapid in 2015, when exports increased by X% y-o-y. Cyprus exports peaked at $X in 2017, and then declined slightly in the following year.

Exports by Country

China was the key exporting country with an export of around X units, which resulted at X% of total exports. Italy (X units) held the second position in the ranking, followed by Mexico (X units), Germany (X units) and the Netherlands (X units). All these countries together occupied near X% share of total exports. The U.S. (X units), Belgium (X units), Slovenia (X units), China, Hong Kong SAR (X units), South Korea (X units), France (X units) and Poland (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to food mixer exports from China stood at -X%. At the same time, Italy (+X%), the Netherlands (+X%), South Korea (+X%), the U.S. (+X%), Belgium (+X%), Mexico (+X%) and Slovenia (+X%) displayed positive paces of growth. Moreover, Italy emerged as the fastest growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Poland (-X%), Germany (-X%), France (-X%) and China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China and China, Hong Kong SAR increased by X% and X% percentage points, while Slovenia (-X%), South Korea (-X%), Belgium (-X%), Mexico (-X%), the U.S. (-X%), the Netherlands (-X%) and Italy (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest food mixer supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by the U.S. ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

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

Export Prices by Country

In 2018, the food mixer export price in Cyprus amounted to $X per thousand units, dropping by -X% against the previous year. Over the period under review, the food mixer export price, however, continues to indicate a remarkable growth. The most prominent rate of growth was recorded in 2014, an increase of X% year-to-year. In that year, the export prices for domestic food grinders and mixers and fruit or vegetable juice extractors attained their peak level of $X per thousand units. From 2015 to 2018, the growth in terms of the export prices for domestic food grinders and mixers and fruit or vegetable juice extractors remained at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was the U.S. ($X per thousand units), while Italy ($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 more modest paces of growth.

Food Mixer Imports

Imports into Cyprus

In 2018, approx. X units of domestic food grinders and mixers and fruit or vegetable juice extractors were imported into Cyprus; going up by X% against the previous year. Over the period under review, the total imports indicated a prominent expansion from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, the food mixer imports increased by +X% against 2012 indices. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Cyprus imports peaked in 2018, and are expected to retain its growth in the immediate term.

In value terms, food mixer imports stood at $X in 2018. In general, food mixer imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011, with an increase of X% year-to-year. In that year, food mixer imports reached their peak of $X. From 2012 to 2018, the growth of food mixer imports failed to regain its momentum.

Imports by Country

In 2018, Germany (X units), followed by the Netherlands (X units), Russia (X units) and Italy (X units) represented the major importers of domestic food grinders and mixers and fruit or vegetable juice extractors, together creating X% of total imports. The UK (X units), Mexico (X units), Belgium (X units), Poland (X units), Canada (X units), Brazil (X units), the United Arab Emirates (X units) and Spain (X units) held a little share of total imports.

From 2007 to 2018, average annual rates of growth with regard to food mixer imports into Germany stood at +X%. At the same time, the Netherlands (+X%), Mexico (+X%), Belgium (+X%), Poland (+X%), the United Arab Emirates (+X%), Brazil (+X%), Italy (+X%), Canada (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. By contrast, Spain (-X%) illustrated a downward trend over the same period. While the share of Poland (-X%), Belgium (-X%), Mexico (-X%), the Netherlands (-X%) and Germany (-X%) decreased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X), Italy ($X) and Russia ($X) constituted the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the Netherlands, the UK, Canada, Belgium, Poland, Mexico, Spain, Brazil, the United Arab Emirates and Cyprus, which together accounted for a further X the main importing countries, Mexico experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The food mixer import price in Cyprus stood at $X per unit in 2018, going down by -X% against the previous year. Over the period under review, the food mixer import price continues to indicate a pronounced reduction. The growth pace was the most rapid in 2011, when the import price increased by X% against the previous year. In that year, the import prices for domestic food grinders and mixers and fruit or vegetable juice extractors reached their peak level of $X per unit. From 2012 to 2018, the growth in terms of the import prices for domestic food grinders and mixers and fruit or vegetable juice extractors remained at a lower figure.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Canada ($X per unit), while the United Arab Emirates ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Italy, while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform