Cyprus: Knife And Scissors Market 2020

Knife And Scissors Market Size in Cyprus

The revenue of the knife and scissors market in Cyprus amounted to $X in 2018, surging by X% against the previous year. Over the period under review, knife and scissors consumption continues to indicate a remarkable increase. The pace of growth was the most pronounced in 2016 when the market value increased by X% y-o-y. Cyprus knife and scissors consumption peaked in 2018 and is likely to see steady growth in the immediate term.

Knife And Scissors Production in Cyprus

In value terms, knife and scissors production totaled $X in 2018 estimated in export prices. Overall, knife and scissors production continues to indicate an extraordinary increase. The pace of growth appeared the most rapid in 2011 when production volume increased by X% against the previous year. Over the period under review, knife and scissors production reached its maximum level in 2018 and is likely to see steady growth in the near future.

Knife And Scissors Exports

Exports from Cyprus

Knife and scissors exports from Cyprus stood at X units in 2018, dropping by -X% against the previous year. In general, knife and scissors exports continue to indicate a dramatic downturn. The most prominent rate of growth was recorded in 2013 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, knife and scissors exports totaled $X in 2018. In general, knife and scissors exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. In that year, knife and scissors exports reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

China was the key exporter of knives, scissors and blades in the world, with the volume of exports resulting at X units, which was near X% of total exports in 2018. Brazil (X units) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Vietnam (X%). The following exporters - Thailand (X units), China, Hong Kong SAR (X units) and Italy (X units) - together made up X% of total exports.

From 2007 to 2018, average annual rates of growth with regard to knife and scissors exports from China stood at +X%. At the same time, Thailand (+X%), Vietnam (+X%), Brazil (+X%), China, Hong Kong SAR (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Thailand emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. China (+X p.p.), Brazil (+X p.p.), Vietnam (+X p.p.), Thailand (+X p.p.) and China, Hong Kong SAR (+X p.p.) significantly strengthened its position in terms of the global exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

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

In China, knife and scissors exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+X% per year) and Brazil (+X% per year).

Export Prices by Country

The knife and scissors export price in Cyprus stood at $X per unit in 2018, growing by X% against the previous year. In general, the knife and scissors export price continues to indicate an extraordinary expansion. The pace of growth appeared the most rapid in 2018 an increase of X% y-o-y. In that year, the export prices for knives, scissors and blades reached their peak level and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while Brazil ($X per unit) 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 a decline in the export price figures.

Knife And Scissors Imports

Imports into Cyprus

In 2018, the knife and scissors imports into Cyprus totaled X units, dropping by -X% against the previous year. Over the period under review, knife and scissors imports continue to indicate a perceptible reduction. The most prominent rate of growth was recorded in 2016 when imports increased by X% y-o-y. In that year, knife and scissors imports reached their peak of X units. From 2017 to 2018, the growth of knife and scissors imports remained at a lower figure.

In value terms, knife and scissors imports totaled $X in 2018. Over the period under review, knife and scissors imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Cyprus imports peaked in 2018 and are expected to retain its growth in the immediate term.

Imports by Country

The U.S. (X units), Germany (X units) and the United Arab Emirates (X units) represented roughly X% of total imports of knives, scissors and blades in 2018. The following importers - Japan (X units), Vietnam (X units), Brazil (X units), Indonesia (X units), South Korea (X units), France (X units), Russia (X units), the Netherlands (X units) and Spain (X units) - 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 Vietnam, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported knives, scissors and blades into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by France, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. In the other countries, the average annual rates were as follows: Germany (+X% per year) and France (+X% per year).

Import Prices by Country

In 2018, the knife and scissors import price in Cyprus amounted to $X per unit, surging by X% against the previous year. In general, the knife and scissors import price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Over the period under review, the import prices for knives, scissors and blades attained their peak figure at $X per unit in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the U.S. ($X per unit), while the United Arab Emirates ($X per unit) 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.

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Source: IndexBox Platform