Cyprus: Railway Construction Market 2020

Railway Construction Market Size in Cyprus

The revenue of the railway construction market in Cyprus amounted to $X in 2018, rising by X% 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). In general, railway construction consumption continues to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2012 when the market value increased by X% year-to-year. Over the period under review, the railway construction market reached its maximum level at $X in 2016; however, from 2017 to 2018, consumption remained at a lower figure.

Railway Construction Exports

Exports from Cyprus

In 2018, the exports of railway or tramway track construction material of iron or steel from Cyprus amounted to X kg, falling by -X% against the previous year. In general, railway construction exports continue to indicate a precipitous setback. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. In that year, railway construction exports reached their peak of X tons. From 2013 to 2018, the growth of railway construction exports failed to regain its momentum.

In value terms, railway construction exports amounted to $X in 2018. In general, railway construction exports continue to indicate a precipitous curtailment. The most prominent rate of growth was recorded in 2012 when exports increased by X% against the previous year. Over the period under review, railway construction exports reached their peak figure at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the three major exporters of railway or tramway track construction material of iron or steel, namely Ukraine, Japan and Austria, represented more than third of total export. The Czech Republic (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by China (X%), Poland (X%), the U.S. (X%) and Spain (X%). Russia (X tons), the UK (X tons), Turkey (X tons) and Luxembourg (X tons) 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 Ukraine, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction markets from Cyprus were Ukraine ($X), Austria ($X) and Japan ($X), together accounting for X% of total exports.

Among the main exporting countries, Ukraine 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 railway construction export price in Cyprus stood at $X per ton in 2018, rising by X% against the previous year. Over the period under review, the railway construction export price, however, continues to indicate a drastic slump. The pace of growth was the most pronounced in 2013 when the export price increased by X% year-to-year. Over the period under review, the export prices for railway or tramway track construction material of iron or steel attained their peak figure at $X per ton in 2007; however, from 2008 to 2018, export prices stood 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 Luxembourg ($X per ton), while Turkey ($X per ton) 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 more modest paces of growth.

Railway Construction Imports

Imports into Cyprus

Railway construction imports into Cyprus totaled X tons in 2018, lowering by -X% against the previous year. Overall, railway construction imports continue to indicate a measured shrinkage. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, railway construction imports attained their peak figure at X tons in 2016; however, from 2017 to 2018, imports remained at a lower figure.

In value terms, railway construction imports amounted to $X in 2018. In general, railway construction imports continue to indicate a drastic shrinkage. The most prominent rate of growth was recorded in 2013 when imports increased by X% y-o-y. In that year, railway construction imports attained their peak of $X. From 2014 to 2018, the growth of railway construction imports failed to regain its momentum.

Imports by Country

In 2018, Russia (X tons), distantly followed by Germany (X tons), Canada (X tons) and the U.S. (X tons) were the major importers of railway or tramway track construction material of iron or steel, together creating X% of total imports. The following importers - Iran (X tons), Brazil (X tons), Italy (X tons), Poland (X tons), Mexico (X tons), Belgium (X tons), France (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 Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest railway construction importing markets into Cyprus were Russia ($X), Germany ($X) and Canada ($X), together accounting for X% of total imports.

Russia recorded the highest rates of growth with regard to imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the railway construction import price in Cyprus amounted to $X per ton, jumping by X% against the previous year. Overall, the railway construction import price, however, continues to indicate a perceptible decrease. The growth pace was the most rapid in 2013 an increase of X% y-o-y. Over the period under review, the import prices for railway or tramway track construction material of iron or steel reached their maximum at $X per ton in 2007; however, from 2008 to 2018, import prices remained at a lower figure.

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

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

Source: IndexBox Platform