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Cyprus - Footwear - Market Analysis, Forecast, Size, Trends And Insights

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Cyprus: Footwear Market Overview 2020

Footwear Market Size in Cyprus

The revenue of the footwear market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. In general, footwear consumption continues to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2014 when the market value increased by X% against the previous year. Over the period under review, the footwear market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Footwear Production in Cyprus

In value terms, footwear production stood at $X in 2018 estimated in export prices. Overall, footwear production, however, continues to indicate a drastic descent. The pace of growth was the most pronounced in 2015 with an increase of X% y-o-y. Cyprus footwear production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Footwear Exports

Exports from Cyprus

In 2018, approx. X pairs of footwear were exported from Cyprus; waning by -X% against the previous year. In general, footwear exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, footwear exports attained their peak figure at X pairs in 2012; however, from 2013 to 2018, exports failed to regain their momentum.

In value terms, footwear exports stood at $X in 2018. Over the period under review, footwear exports continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2016 with an increase of X% year-to-year. Over the period under review, footwear exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports failed to regain their momentum.

Exports by Country

China dominates footwear exports structure, amounting to X pairs, which was approx. X% of total exports in 2018. It was distantly followed by Viet Nam (X pairs), generating a X% share of total exports. Germany (X pairs), Belgium (X pairs), Italy (X pairs), Indonesia (X pairs), Turkey (X pairs), India (X pairs), the Netherlands (X pairs), Spain (X pairs) and the UK (X pairs) occupied a minor share of total exports.

From 2007 to 2018, average annual rates of growth with regard to footwear exports from China stood at -X%. At the same time, the UK (+X%), Turkey (+X%), Viet Nam (+X%), India (+X%), the Netherlands (+X%), Indonesia (+X%), Spain (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Belgium and Italy experienced a relatively flat trend pattern. From 2007 to 2018, the share of Viet Nam increased by +X% percentage points, while China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual growth rate of value in China was relatively modest. In the other countries, the average annual rates were as follows: Viet Nam (+X% per year) and Italy (+X% per year).

Export Prices by Country

The footwear export price in Cyprus stood at $X per pair in 2018, growing by X% against the previous year. In general, the footwear export price continues to indicate a resilient increase. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, the export prices for footwear attained their maximum in 2018 and is expected to retain its growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Italy ($X per pair), while Turkey ($X per pair) was amongst the lowest.

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

Footwear Imports

Imports into Cyprus

In 2018, the footwear imports into Cyprus amounted to X pairs, dropping by -X% against the previous year. Over the period under review, footwear imports continue to indicate a slight descent. The growth pace was the most rapid in 2008 when imports increased by X% against the previous year. In that year, footwear imports reached their peak of X pairs. From 2009 to 2018, the growth of footwear imports remained at a lower figure.

In value terms, footwear imports totaled $X in 2018. Over the period under review, footwear imports continue to indicate a measured decline. The pace of growth was the most pronounced in 2008 when imports increased by X% against the previous year. In that year, footwear imports attained their peak of $X. From 2009 to 2018, the growth of footwear imports remained at a somewhat lower figure.

Imports by Country

In 2018, the U.S. (X pairs), distantly followed by Germany (X pairs) and the UK (X pairs) represented the largest importers of footwear, together constituting X% of total imports. Japan (X pairs), France (X pairs), Italy (X pairs), Russia (X pairs), the Philippines (X pairs), India (X pairs), the United Arab Emirates (X pairs), Belgium (X pairs) and Saudi Arabia (X pairs) occupied a minor share of total imports.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, the Philippines (+X%), Saudi Arabia (+X%), India (+X%), Russia (+X%), Germany (+X%), Belgium (+X%), the United Arab Emirates (+X%) and the UK (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan and Italy experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. The Philippines (+X p.p.), India (+X p.p.), Germany (+X p.p.) and Saudi Arabia (+X p.p.) significantly strengthened its position in terms of the global imports, while the U.S. saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X), Germany ($X) and France ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by the UK, Italy, Japan, Russia, Belgium, the United Arab Emirates, the Philippines, India, Saudi Arabia and Cyprus, which together accounted for a further X terms of the main importing countries, the Philippines experienced the highest growth rate of imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The footwear import price in Cyprus stood at $X per pair in 2018, growing by X% against the previous year. Over the period under review, the footwear import price, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2009 when the import price increased by X% y-o-y. In that year, the import prices for footwear reached their peak level of $X per pair. From 2010 to 2018, the growth in terms of the import prices for footwear 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 France ($X per pair), while India ($X per pair) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 15201444 - Slippers and other indoor footwear (including dancing and bedroom slippers, mules) with uppers of textile materials
• Prodcom 15201445 - Footwear with rubber, plastic or leather outer soles and textile uppers (excluding slippers and other indoor footwear, sports footwear)
• Prodcom 15201446 - Footwear with textile uppers (excluding slippers and other indoor footwear as well as footwear with outer soles of rubber, plastics, leather or composition leather)
• Prodcom 15201330 - Footwear with a wooden base and leather uppers (including clogs) (excluding with an inner sole or a protective metal toecap)
• Prodcom 15201351 - Men
• Prodcom 15201352 - Women
• Prodcom 15201353 - Children
• Prodcom 15201361 - Men
• Prodcom 15201362 - Women
• Prodcom 15201363 - Children
• Prodcom 15201370 - Slippers and other indoor footwear with rubber, plastic or leather outer soles and leather uppers (including dancing and bedroom slippers, mules)
• Prodcom 15201380 - Footwear with wood, cork or other outer soles and leather uppers (excluding outer soles of rubber, plastics or leather)
• Prodcom 15201210 - Sandals with rubber or plastic outer soles and uppers (including thong-type sandals, flip flops)
• Prodcom 15201231 - Town footwear with rubber or plastic uppers
• Prodcom 15201237 - Slippers and other indoor footwear with rubber or plastic outer soles and plastic uppers (including bedroom and dancing slippers, mules)
• Prodcom 15201100 - Waterproof footwear, with uppers in rubber or plastics (excluding incorporating a protective metal toecap)

This report provides an in-depth analysis of the footwear 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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