Cyprus: Self-Propelled Railway Coach Market Overview 2020

Self-Propelled Railway Coach Market Size in Cyprus

The revenue of the self-propelled railway coach market in Cyprus amounted to $X in 2018, therefore, remained relatively stable against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, self-propelled railway coach consumption continues to indicate buoyant growth. The growth pace was the most rapid in 2016 when the market value increased by X% year-to-year. Cyprus self-propelled railway coach consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Self-Propelled Railway Coach Exports

Exports from Cyprus

In 2018, the amount of railway or tramway coaches (self-propelled) exported from Cyprus amounted to X units, going down by -X% against the previous year. In general, self-propelled railway coach exports continue to indicate a sharp contraction. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. In that year, self-propelled railway coach exports reached their peak of X units. From 2009 to 2018, the growth of self-propelled railway coach exports remained at a somewhat lower figure.

In value terms, self-propelled railway coach exports totaled $X in 2018. Overall, self-propelled railway coach exports continue to indicate a sharp curtailment. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. In that year, self-propelled railway coach exports attained their peak of $X. From 2009 to 2018, the growth of self-propelled railway coach exports remained at a lower figure.

Exports by Country

New Zealand represented the largest exporter of railway or tramway coaches (self-propelled) in the world, with the volume of exports finishing at X units, which was near X% of total exports in 2018. The Netherlands (X units) ranks second in terms of the total exports with a X% share, followed by China (X%), Germany (X%) and the UK (X%). Slovakia (X units), Japan (X units), Spain (X units), South Korea (X units), Malaysia (X units), Poland (X units) and France (X units) followed a long way behind the leaders.

New Zealand was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) exports, with a CAGR of +X% from 2007 to 2018. At the same time, the UK (+X%), Slovakia (+X%), the Netherlands (+X%), South Korea (+X%), Japan (+X%), China (+X%) and Poland (+X%) displayed positive paces of growth. France experienced a relatively flat trend pattern. By contrast, Germany (-X%), Spain (-X%) and Malaysia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of New Zealand, the Netherlands, China, the UK, Slovakia, Japan and South Korea increased by +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Spain (-X p.p.), Germany (-X p.p.) and Malaysia (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest self-propelled railway coach supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

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

Export Prices by Country

In 2018, the self-propelled railway coach export price in Cyprus amounted to $X per unit, rising by X% against the previous year. In general, the self-propelled railway coach export price, however, continues to indicate a deep drop. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. Cyprus export price peaked at $X per unit in 2008; however, from 2009 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per unit), while New Zealand ($X per unit) was amongst the lowest.

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

Self-Propelled Railway Coach Imports

Imports into Cyprus

Self-propelled railway coach imports into Cyprus amounted to X units in 2018, approximately mirroring the previous year. Overall, self-propelled railway coach imports continue to indicate an extraordinary increase. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Cyprus imports peaked in 2018 and are likely to continue its growth in the immediate term.

In value terms, self-propelled railway coach imports amounted to $X in 2018. Overall, self-propelled railway coach imports continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Cyprus imports peaked at $X in 2007; however, from 2008 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The imports of the one major importers of railway or tramway coaches (self-propelled), namely Tanzania, represented more than two-thirds of total import.

Tanzania was also the fastest-growing in terms of the railway or tramway coaches (self-propelled) imports, with a CAGR of +X% from 2007 to 2018. From 2007 to 2018, the share of Tanzania increased by +X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Tanzania ($X) constitutes the largest market for imported railway or tramway coaches (self-propelled) into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Cyprus ($X), with a X% share of global imports.

From 2007 to 2018, the average annual rate of growth in terms of value in Tanzania amounted to +X%.

Import Prices by Country

The self-propelled railway coach import price in Cyprus stood at $X per unit in 2018, jumping by X% against the previous year. Overall, the self-propelled railway coach import price, however, continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2017 an increase of X% y-o-y. Cyprus import price peaked at $X per unit in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Tanzania.

From 2007 to 2018, the rate of growth in terms of prices for Tanzania amounted to -X% per year.

Source: IndexBox AI Platform