Cyprus: Railway Passenger Coach Market Overview 2020

Railway Passenger Coach Market Size in Cyprus

The revenue of the railway passenger coach market in Cyprus amounted to $X in 2018, stabilizing at 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). Overall, railway passenger coach consumption continues to indicate a measured deduction. Cyprus railway passenger coach consumption peaked at $X in 2012; however, from 2013 to 2018, consumption remained at a lower figure.

Railway Passenger Coach Exports

Exports by Country

In 2018, Taiwan, Chinese (X units), distantly followed by Malaysia (X units), Hungary (X units), France (X units), the Czech Republic (X units) and Ireland (X units) represented the key exporters of railway or tramway passenger coaches (not self-propelled), together comprising X% of total exports. Germany (X units) 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 Ireland (+X% per year), while the other leaders experienced more modest paces of growth.

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

In Germany, railway passenger coach exports increased 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: France (+X% per year) and the Czech Republic (-X% per year).

Export Prices by Country

In 2018, the railway passenger coach export price in Cyprus amounted to $X per unit, flattening at the previous year. In general, the railway passenger coach export price continues to indicate a relatively flat trend pattern.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Germany ($X per unit), while Taiwan, Chinese ($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 mixed trends in the export price figures.

Railway Passenger Coach Imports

Imports into Cyprus

In 2014, the imports of railway or tramway passenger coaches (not self-propelled) into Cyprus amounted to X units, standing approx. at the previous year. In general, railway passenger coach imports continue to indicate a relatively flat trend pattern. Over the period under review, railway passenger coach imports attained their maximum at X units in 2012; afterwards, it flattened through to 2014.

In value terms, railway passenger coach imports amounted to $X in 2014. In general, railway passenger coach imports continue to indicate a sharp curtailment. The most prominent rate of growth was recorded in 2015 when imports decreased by -X% y-o-y. Cyprus imports peaked at $X in 2012; however, from 2013 to 2014, imports stood at a somewhat lower figure.

Imports by Country

Saudi Arabia was the main importing country with an import of around X units, which recorded X% of total imports. It was distantly followed by Japan (X units), creating a X% share of total imports. Macedonia (X units) took a little share of total imports.

Saudi Arabia was also the fastest-growing in terms of the railway or tramway passenger coaches (not self-propelled) imports, with a CAGR of +X% from 2007 to 2018. At the same time, Macedonia (+X%) and Japan (+X%) displayed positive paces of growth. Saudi Arabia (+X p.p.), Japan (+X p.p.) and Macedonia (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Saudi Arabia ($X) constitutes the largest market for imported railway or tramway passenger coaches (not self-propelled) into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Cyprus, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in Saudi Arabia amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (+X% per year) and Cyprus (-X% per year).

Import Prices by Country

In 2018, the railway passenger coach import price in Cyprus amounted to $X per unit, leveling off at the previous year. Over the period under review, the railway passenger coach import price continues to indicate a precipitous shrinkage. Over the period under review, the import prices for railway or tramway passenger coaches (not self-propelled) reached their peak figure at $X per unit in 2012; however, from 2013 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Saudi Arabia ($X per unit), while Macedonia ($X per unit) 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 a decline in the import price figures.

Source: IndexBox AI Platform