Cyprus: Cutting Blade Market 2020

Cutting Blade Market Size in Cyprus

The revenue of the cutting blade market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. In general, the total market indicated a remarkable expansion 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, cutting blade consumption increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. Cyprus cutting blade consumption peaked at $X in 2013; however, from 2014 to 2018, consumption remained at a lower figure.

Cutting Blade Production in Cyprus

In value terms, cutting blade production amounted to $X in 2018 estimated in export prices. Overall, cutting blade production continues to indicate a strong expansion. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. In that year, cutting blade production attained its peak level and is likely to continue its growth in the immediate term.

Cutting Blade Exports

Exports from Cyprus

In 2018, the cutting blade exports from Cyprus totaled X tons, going up by X% against the previous year. Over the period under review, cutting blade exports continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2010 when exports increased by X% year-to-year. Over the period under review, cutting blade exports reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, cutting blade exports totaled $X in 2018. In general, cutting blade exports continue to indicate a resilient increase. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Cyprus exports peaked in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

The countries with the highest levels of cutting blade exports in 2018 were China (X tons), Germany (X tons) and Austria (X tons), together resulting at X% of total export. The U.S. (X tons) held the next position in the ranking, followed by the Netherlands (X tons). All these countries together took near X% share of total exports. France (X tons), the Czech Republic (X tons), Taiwan, Chinese (X tons), Japan (X tons), Italy (X tons), the UK (X tons) and Slovenia (X tons) took a little share 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 Cyprus, while the other leaders experienced more modest paces of growth.

In value terms, the largest cutting blade markets from Cyprus were Germany ($X), the U.S. ($X) and China ($X), with a combined X% share of total exports. Japan, Austria, France, the Netherlands, Italy, the Czech Republic, the UK, Taiwan, Chinese, Slovenia and Cyprus lagged somewhat behind, together accounting for a further X recorded the highest growth rate of exports, in terms of 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 cutting blade export price in Cyprus amounted to $X per ton, falling by -X% against the previous year. Overall, the cutting blade export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2012 an increase of X% against the previous year. In that year, the export prices for knives and cutting blades (for machines or for mechanical appliances) reached their peak level of $X per ton. From 2013 to 2018, the growth in terms of the export prices for knives and cutting blades (for machines or for mechanical appliances) remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Japan ($X per ton), while Austria ($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.

Cutting Blade Imports

Imports into Cyprus

Cutting blade imports into Cyprus stood at X tons in 2018, declining by -X% against the previous year. In general, cutting blade imports continue to indicate a temperate decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. Over the period under review, cutting blade imports reached their maximum at X tons in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, cutting blade imports stood at $X in 2018. In general, the total imports indicated a measured expansion from 2007 to 2018: its value decreased 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, cutting blade imports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. In that year, cutting blade imports reached their peak of $X. From 2015 to 2018, the growth of cutting blade imports remained at a lower figure.

Imports by Country

The U.S. (X tons) and Germany (X tons) represented roughly X% of total imports of knives and cutting blades (for machines or for mechanical appliances) in 2018. It was followed by France (X tons), committing a X% share of total imports. The following importers - Russia (X tons), Malaysia (X tons), Japan (X tons), Italy (X tons), Indonesia (X tons), the Netherlands (X tons), Spain (X tons), China (X tons) and Thailand (X tons) - together made up X% 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, the largest cutting blade importing markets into Cyprus were the U.S. ($X), Germany ($X) and China ($X), together accounting for X% of total imports. These countries were followed by Japan, Russia, France, Italy, the Netherlands, Indonesia, Malaysia, Thailand, Spain and Cyprus, which together accounted for a further X recorded the highest growth rate of 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

The cutting blade import price in Cyprus stood at $X per ton in 2018, going up by X% against the previous year. Over the period under review, the cutting blade import price continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 when the import price increased by X% against the previous year. Cyprus import price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per ton), while Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform