Cyprus: Scaffolding Market 2020

Scaffolding Market Size in Cyprus

The revenue of the scaffolding market in Cyprus amounted to $X in 2018, growing by X% against the previous year. Over the period under review, scaffolding consumption continues to indicate a measured increase. The pace of growth appeared the most rapid in 2014 when the market value increased by X% y-o-y. Over the period under review, the scaffolding market attained its peak figure level in 2018 and is expected to retain its growth in the immediate term.

Scaffolding Production in Cyprus

In value terms, scaffolding production stood at $X in 2018 estimated in export prices. Over the period under review, scaffolding production, however, continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2012 with an increase of X% year-to-year. Cyprus scaffolding production peaked at $X in 2017, and then declined slightly in the following year.

Scaffolding Exports

Exports from Cyprus

In 2018, the amount of equipment for scaffolding, shuttering, propping or pit propping exported from Cyprus amounted to X tons, going down by -X% against the previous year. In general, scaffolding exports continue to indicate an abrupt decline. The most prominent rate of growth was recorded in 2011 when exports increased by X% y-o-y. Cyprus exports peaked at X tons in 2008; however, from 2009 to 2018, exports remained at a lower figure.

In value terms, scaffolding exports totaled $X in 2018. Over the period under review, scaffolding exports continue to indicate a drastic descent. The most prominent rate of growth was recorded in 2008 when exports increased by X% year-to-year. In that year, scaffolding exports attained their peak of $X. From 2009 to 2018, the growth of scaffolding exports remained at a lower figure.

Exports by Country

In 2018, China (X tons), distantly followed by Germany (X tons), Austria (X tons) and South Korea (X tons) represented the major exporters of equipment for scaffolding, shuttering, propping or pit propping, together constituting X% of total exports. Italy (X tons), India (X tons), Poland (X tons), Spain (X tons), the United Arab Emirates (X tons), Turkey (X tons), the Czech Republic (X tons) and South Africa (X tons) followed a long way behind the leaders.

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 scaffolding markets from Cyprus were Germany ($X), China ($X) and Austria ($X), with a combined X% share of total exports. These countries were followed by South Korea, Italy, Poland, India, Spain, Turkey, the United Arab Emirates, South Africa, the Czech Republic and Cyprus, which together accounted for a further X the main exporting countries, India experienced the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The scaffolding export price in Cyprus stood at $X per ton in 2018, falling by -X% against the previous year. Over the period under review, the scaffolding export price, however, continues to indicate a strong increase. The growth pace was the most rapid in 2008 when the export price increased by X% y-o-y. Cyprus export price peaked at $X per ton in 2012; however, from 2013 to 2018, export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per ton), while the United Arab Emirates ($X per ton) was amongst the lowest.

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

Scaffolding Imports

Imports into Cyprus

In 2018, approx. X tons of equipment for scaffolding, shuttering, propping or pit propping were imported into Cyprus; picking up by X% against the previous year. In general, scaffolding imports continue to indicate a modest expansion. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Cyprus imports peaked at X tons in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, scaffolding imports stood at $X in 2018. Over the period under review, scaffolding imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, scaffolding imports attained their peak figure at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The imports of the three major importers of equipment for scaffolding, shuttering, propping or pit propping, namely Germany, the U.S. and the UK, represented more than fourth of total import. France (X tons), Japan (X tons), the United Arab Emirates (X tons), Austria (X tons), Australia (X tons), Kuwait (X tons), Malaysia (X tons), the Netherlands (X tons) and the Philippines (X tons) occupied a relatively small 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 Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the U.S. ($X) and the UK ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by France, the United Arab Emirates, Japan, Austria, the Netherlands, Australia, Kuwait, the Philippines, Malaysia and Cyprus, which together accounted for a further X Philippines experienced the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the scaffolding import price in Cyprus amounted to $X per ton, surging by X% against the previous year. In general, the scaffolding import price, however, continues to indicate a slight deduction. The pace of growth appeared the most rapid in 2016 when the import price increased by X% y-o-y. Over the period under review, the import prices for equipment for scaffolding, shuttering, propping or pit propping reached their maximum at $X per ton in 2009; however, from 2010 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Netherlands ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform