
Cyprus - Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers - Market Analysis, Forecast, Size, Trends and Insights
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Cyprus: Overview of the Market for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers 2019
Market Size for Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Cyprus
The revenue of the market of iron, steel or aluminium reservoirs, tanks, vats and similar containers in Cyprus amounted to $X in 2018, surging by X% against the previous year. Over the period under review, consumption of iron, steel or aluminium reservoirs, tanks, vats and similar containers continues to indicate a perceptible contraction. The pace of growth appeared the most rapid in 2014, with an increase of X% against the previous year. Over the period under review, the market for iron, steel or aluminium reservoir attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption stood at a somewhat lower figure.
Production of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers in Cyprus
In value terms, production of iron, steel or aluminium reservoirs, tanks, vats and similar containers amounted to $X in 2018 estimated in export prices. In general, production of iron, steel or aluminium reservoirs, tanks, vats and similar containers continues to indicate an abrupt downturn. The pace of growth appeared the most rapid in 2014, with an increase of X% year-to-year. Over the period under review, production of iron, steel or aluminium reservoirs, tanks, vats and similar containers reached its peak figure level at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.
Exports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers
Exports from Cyprus
In 2018, approx. X tonnes of iron, steel or aluminium reservoirs, tanks, vats and similar containers were exported from Cyprus; declining by -X% against the previous year. In general, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers continue to indicate a deep deduction. The most prominent rate of growth was recorded in 2015, with an increase of X% y-o-y. Cyprus exports peaked at X tonnes in 2017, and then declined slightly in the following year.
In value terms, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X in 2018. Over the period under review, exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers continue to indicate a drastic deduction. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. Cyprus exports peaked at $X in 2017, and then declined slightly in the following year.
Exports by Country
The countries with the highest levels of exports of iron, steel or aluminium reservoirs, tanks, vats and similar containers in 2018 were the U.S. (X tonnes), China (X tonnes), South Korea (X tonnes), Germany (X tonnes), Italy (X tonnes), Turkey (X tonnes), the Czech Republic (X tonnes), Poland (X tonnes), Mexico (X tonnes), Thailand (X tonnes), the Netherlands (X tonnes) and Portugal (X tonnes), together accounting for X% of total export.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by South Korea, while the other leaders experienced more modest paces of growth.
In value terms, China ($X), the U.S. ($X) and South Korea ($X) constituted the countries with the highest levels of exports in 2018, with a combined X% share of total exports.
Among the main exporting countries, South Korea recorded 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 export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Cyprus stood at $X per tonne in 2018, jumping by X% against the previous year. In general, the export price for iron, steel or aluminium reservoirs, tanks, vats and similar containers continues to indicate a tangible growth. The pace of growth was the most pronounced in 2018, when the export price increased by X% y-o-y. In that year, the export prices for iron, steel or aluminium reservoirs, tanks, vats and similar containers attained their peak level, and is likely to continue its growth in the immediate term.
There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was Italy ($X per tonne), while South Korea ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of export prices was attained by Thailand, while the other leaders experienced more modest paces of growth.
Imports of Iron, Steel Or Aluminium Reservoirs, Tanks, Vats And Similar Containers
Imports into Cyprus
In 2018, the amount of iron, steel or aluminium reservoirs, tanks, vats and similar containers imported into Cyprus stood at X tonnes, lowering by -X% against the previous year. Overall, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017, with an increase of X% year-to-year. Over the period under review, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers reached their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.
In value terms, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers stood at $X in 2018. In general, imports of iron, steel or aluminium reservoirs, tanks, vats and similar containers, however, continue to indicate a notable increase. The growth pace was the most rapid in 2017, with an increase of X% year-to-year. Cyprus imports peaked at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.
Imports by Country
In 2018, the U.S. (X tonnes), distantly followed by Germany (X tonnes) were the key importers of iron, steel or aluminium reservoirs, tanks, vats and similar containers, together making up X% of total imports. The following importers - France (X tonnes), Canada (X tonnes), Mexico (X tonnes), the UK (X tonnes), Spain (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes), Russia (X tonnes), Saudi Arabia (X tonnes) and Malaysia (X tonnes) - together made up X% of total imports.
From 2007 to 2018, average annual rates of growth with regard to iron, steel or aluminium reservoir imports into the U.S. stood at +X%. At the same time, Mexico (+X%), Malaysia (+X%), France (+X%), Spain (+X%) and Russia (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Canada, the Netherlands and the UK experienced a relatively flat trend pattern. By contrast, Germany (-X%), Saudi Arabia (-X%) and Belgium (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Germany increased by X% percentage points, while Mexico (-X%) and the U.S. (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($X) constitutes the largest market for imported iron, steel or aluminium reservoirs, tanks, vats and similar containers 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 Canada, with a X% share.
From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Canada (+X% per year).
Import Prices by Country
The import price for iron, steel or aluminium reservoirs, tanks, vats and similar containers in Cyprus stood at $X per tonne in 2018, rising by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2013, when the import price increased by X% against the previous year. In that year, the import prices for iron, steel or aluminium reservoirs, tanks, vats and similar containers reached their peak level of $X per tonne. From 2014 to 2018, the growth in terms of the import prices for iron, steel or aluminium reservoirs, tanks, vats and similar containers remained at a somewhat lower figure.
Import prices varied noticeably by the country of destination; the country with the highest import price was Canada ($X per tonne), while Saudi Arabia ($X per tonne) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of import prices was attained by Belgium, while the other leaders experienced more modest paces of growth.
Source: IndexBox AI Platform
This report provides an in-depth analysis of the market for iron, steel or aluminium reservoir in Cyprus. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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