Feb 1, 2019

Cyprus - Household Washing And Drying Machines - Market Analysis, Forecast, Size, Trends and Insights

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Cyprus: Washing Machine Market Overview 2019

Washing Machine Market Size in Cyprus

The revenue of the washing machine market in Cyprus amounted to $X in 2018, increasing by X% against the previous year. In general, washing machine consumption, however, continues to indicate a slight decline. The pace of growth appeared the most rapid in 2018, when the market value increased by X% against the previous year. Cyprus washing machine consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Washing Machine Production in Cyprus

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

Washing Machine Exports

Exports from Cyprus

In 2018, approx. X units of household washing and drying machines were exported from Cyprus; coming down by -X% against the previous year. In general, washing machine exports continue to indicate a drastic setback. The pace of growth appeared the most rapid in 2014, when exports increased by X% y-o-y. Cyprus exports peaked at X units in 2007; however, from 2008 to 2018, exports failed to regain their momentum.

In value terms, washing machine exports totaled $X in 2018. Over the period under review, washing machine exports continue to indicate an abrupt descent. The most prominent rate of growth was recorded in 2014, with an increase of X% y-o-y. Over the period under review, washing machine exports attained their peak figure at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, China (X units), Turkey (X units) and Poland (X units) were the largest exporters of household washing and drying machines in the world, creating X% of total export. Thailand (X units) occupied the next position in the ranking, followed by Germany (X units). All these countries together occupied approx. X% share of total exports. The following exporters - Slovakia (X units), Russia (X units), Mexico (X units) and Italy (X units) - 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 Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest washing machine markets from Cyprus were China ($X), Poland ($X) and Turkey ($X), together comprising X% of total exports. These countries were followed by Thailand, Germany, Italy, Mexico, Slovakia, Russia and Cyprus, which together accounted for a further X the main exporting countries, Russia experienced the highest growth rate of exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

The washing machine export price in Cyprus stood at $X per unit in 2018, rising by X% against the previous year. Over the last eleven years, it increased at an average annual rate of +X%. The pace of growth was the most pronounced in 2013, when the export price increased by X% against the previous year. Over the period under review, the export prices for household washing and drying machines attained their peak figure at $X per unit in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Export prices varied noticeably by the country of origin; the country with the highest export price was Italy ($X per unit), while Russia ($X per unit) 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.

Washing Machine Imports

Imports into Cyprus

In 2018, the amount of household washing and drying machines imported into Cyprus amounted to X units, rising by X% against the previous year. In general, washing machine imports, however, continue to indicate a moderate decline. The pace of growth appeared the most rapid in 2018, with an increase of X% against the previous year. Cyprus imports peaked at X units in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, washing machine imports totaled $X in 2018. Overall, washing machine imports, however, continue to indicate a mild contraction. The growth pace was the most rapid in 2018, with an increase of X% against the previous year. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.

Imports by Country

The imports of the twelve major importers of household washing and drying machines, namely Germany, the UK, France, the U.S., Italy, Japan, Spain, Sweden, Australia, Poland, Russia and Indonesia, represented more than half of total import.

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

In value terms, the largest washing machine importing markets into Cyprus were Germany ($X), the UK ($X) and Japan ($X), with a combined X% share of total imports. These countries were followed by France, the U.S., Italy, Sweden, Spain, Australia, Poland, Russia, Indonesia and Cyprus, which together accounted for a further X the main importing countries, Indonesia 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

In 2018, the washing machine import price in Cyprus amounted to $X per unit, growing by X% against the previous year. Overall, the washing machine import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2010, an increase of X% year-to-year. Over the period under review, the import prices for household washing and drying machines attained their maximum at $X per unit in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

There were significant differences in the average import prices amongst the major importing countries. In 2018, the country with the highest import price was Japan ($X per unit), while Indonesia ($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 Japan, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 27511300 - Cloth washing and drying machines, of the household type

This report provides an in-depth analysis of the washing machine 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 2025.


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 2025
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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