Cyprus - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights

Cyprus: Engine Generator Market Overview 2019

Engine Generator Market Size in Cyprus

The revenue of the engine generator market in Cyprus amounted to $X in 2018, going down by -X% against the previous year. Over the period under review, engine generator consumption, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2008, when the market value increased by X% against the previous year. Cyprus engine generator consumption peaked at $X in 2011; however, from 2012 to 2018, consumption failed to regain its momentum.

Engine Generator Production in Cyprus

In value terms, engine generator production totaled $X in 2018 estimated in export prices. Overall, engine generator production continues to indicate a relatively flat trend pattern.

Engine Generator Exports

Exports from Cyprus

In 2018, approx. X kg of generators for internal combustion engines were exported from Cyprus; coming down by -X% against the previous year. In general, engine generator exports continue to indicate a drastic drop. The most prominent rate of growth was recorded in 2015, when exports increased by X% year-to-year. Cyprus exports peaked at X kg in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, engine generator exports stood at $X in 2018. Over the period under review, engine generator exports continue to indicate an abrupt decrease. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. Over the period under review, engine generator exports attained their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

The exports of the five major exporters of generators for internal combustion engines, namely Mexico, the U.S., Japan, France and China, represented more than half of total export. It was distantly followed by Spain (X tonnes) and Germany (X tonnes), together generating X% share of total exports. South Korea (X tonnes), Italy (X tonnes), Thailand (X tonnes), Hungary (X tonnes) and the Czech Republic (X tonnes) 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 China, while the other leaders experienced more modest paces of growth.

In value terms, the largest engine generator markets from Cyprus were Mexico ($X), the U.S. ($X) and France ($X), with a combined X% share of total exports. Japan, China, Germany, Spain, South Korea, Italy, Hungary, Thailand, the Czech Republic and Cyprus lagged somewhat behind, together comprising a further X experienced the highest growth rate of exports, among the main exporting countries over the last eleven year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the engine generator export price in Cyprus amounted to $X per kg, going down by -X% against the previous year. Overall, the engine generator export price continues to indicate a mild descent. The most prominent rate of growth was recorded in 2015, when the export price increased by X% year-to-year. Cyprus export price peaked at $X per kg in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

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

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

Engine Generator Imports

Imports into Cyprus

In 2018, the amount of generators for internal combustion engines imported into Cyprus amounted to X tonnes, falling by -X% against the previous year. Over the period under review, engine generator imports, however, continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2008, when imports increased by X% against the previous year. In that year, engine generator imports attained their peak of X tonnes. From 2009 to 2018, the growth of engine generator imports remained at a lower figure.

In value terms, engine generator imports amounted to $X in 2018. Over the period under review, engine generator imports, however, continue to indicate a prominent growth. The pace of growth appeared the most rapid in 2008, with an increase of X% y-o-y. Over the period under review, engine generator imports attained their peak figure at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Germany (X tonnes), Mexico (X tonnes) and Canada (X tonnes) represented the key importers of generators for internal combustion engines, together constituting X% of total imports. France (X tonnes), the UK (X tonnes), Spain (X tonnes), Slovakia (X tonnes), the Czech Republic (X tonnes), Italy (X tonnes), India (X tonnes) and the Netherlands (X tonnes) followed a long way behind the leaders.

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

In value terms, the U.S. ($X), Germany ($X) and Mexico ($X) appeared to be the countries with the highest levels of imports in 2018, together comprising X% of total imports. These countries were followed by Canada, France, Spain, the UK, Slovakia, Italy, India, the Czech Republic, the Netherlands and Cyprus, which together accounted for a further X the main importing countries, India recorded 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 engine generator import price in Cyprus stood at $X per kg in 2018, picking up by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. 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 generators for internal combustion engines attained their peak level, and is likely to continue its growth in the immediate term.

Average import prices varied somewhat amongst the major importing countries. In 2018, major importing countries recorded the following import prices: in Spain ($X per kg) and Italy ($X per kg), while the Czech Republic ($X per kg) and the Netherlands ($X per kg) were amongst the lowest.

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

Source: IndexBox AI Platform