Latest Report Update: Feb 1, 2019

Cyprus - Saturated Acyclic Monocarboxylic Acids - Market Analysis, Forecast, Size, Trends and Insights

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Cyprus: Monocarboxylic Acid Market Overview 2019

Monocarboxylic Acid Market Size in Cyprus

The revenue of the monocarboxylic acid market in Cyprus amounted to $X in 2017, surging by X% against the previous year. Over the period under review, monocarboxylic acid consumption continues to indicate a mild expansion. The most prominent rate of growth was recorded in 2015, when the market value increased by X% y-o-y. Monocarboxylic acid consumption peaked in 2017, and is likely to see steady growth in the near future.

Monocarboxylic Acid Production in Cyprus

In value terms, monocarboxylic acid production amounted to $X in 2017 estimated in export prices. Overall, monocarboxylic acid production continues to indicate a relatively flat trend pattern.

Monocarboxylic Acid Exports

Exports from Cyprus

In 2017, approx. X tonnes of saturated acyclic monocarboxylic acids were exported from Cyprus; falling by -X% against the previous year. Overall, monocarboxylic acid exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2013, with an increase of X% against the previous year. Exports peaked at X tonnes in 2007; however, from 2008 to 2017, exports stood at a somewhat lower figure.

In value terms, monocarboxylic acid exports totaled $X in 2017. Over the period under review, monocarboxylic acid exports continue to indicate a prominent increase. The growth pace was the most rapid in 2015, with an increase of X% against the previous year. Over the period under review, monocarboxylic acid exports reached their maximum at $X in 2016, and then declined slightly in the following year.

Exports by Country

Greece (X tonnes) was the main destination for monocarboxylic acid exports from Cyprus, accounting for a X% share of total exports. Moreover, monocarboxylic acid exports to Greece exceeded the volume sent to the second major destination, Iran (X kg), fourfold. The Netherlands (X kg) ranked third in terms of total exports with a X% share.

From 2007 to 2017, the average annual growth rate of volume to Greece stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iran (-X% per year) and the Netherlands (-X% per year).

In value terms, Greece ($X), Iran ($X) and the Netherlands ($X) appeared to be the largest markets for monocarboxylic acid exported from Cyprus worldwide, with a combined X% share of total exports.

Greece recorded the highest rates of growth with regard to exports, among the main countries of destination over the last decade, while the other leaders experienced mixed trend patterns.

Export Prices by Country

The average monocarboxylic acid export price stood at $X per tonne in 2017, coming down by -X% against the previous year. Overall, the monocarboxylic acid export price, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2011, when the average export price increased by X% year-to-year. Export price peaked at $X per tonne in 2012; however, from 2013 to 2017, export prices failed to regain their momentum.

There were significant differences in the average export prices for the major foreign markets. In 2017, the country with the highest export price was Iran ($X per tonne), while the average price for exports to Egypt ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to France, while the export prices for the other major destinations experienced a decline.

Monocarboxylic Acid Imports

Imports into Cyprus

In 2017, approx. X tonnes of saturated acyclic monocarboxylic acids were imported into Cyprus; surging by X% against the previous year. Over the period under review, monocarboxylic acid imports continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2015, when imports increased by X% against the previous year. Over the period under review, monocarboxylic acid imports attained their maximum in 2017, and are expected to retain its growth in the immediate term.

In value terms, monocarboxylic acid imports amounted to $X in 2017. In general, monocarboxylic acid imports continue to indicate a slight expansion. The most prominent rate of growth was recorded in 2015, when imports increased by X% y-o-y. Over the period under review, monocarboxylic acid imports attained their peak figure at $X in 2008; however, from 2009 to 2017, imports failed to regain their momentum.

Imports by Country

China (X tonnes), the Netherlands (X tonnes) and Sweden (X tonnes) were the main suppliers of monocarboxylic acid imports to Cyprus, with a combined X% share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Sweden, while the other leaders experienced more modest paces of growth.

In value terms, the largest monocarboxylic acid suppliers to Cyprus were the Netherlands ($X), Turkey ($X) and China ($X), with a combined X% share of total imports. These countries were followed by India, Egypt, Belgium, Canada, Sweden, Germany, Ukraine, South Korea and Finland, which together accounted for a further X experienced the highest growth rate of imports, among the main suppliers over the last decade, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2017, the average monocarboxylic acid import price amounted to $X per tonne, lowering by -X% against the previous year. Overall, the monocarboxylic acid import price continues to indicate a measured reduction. The growth pace was the most rapid in 2015, when the average import price increased by X% against the previous year. Import price peaked at $X per tonne in 2011; however, from 2012 to 2017, import prices stood at a somewhat lower figure.

Import prices varied noticeably by the country of origin; the country with the highest import price was Ukraine ($X per tonne), while the price for Finland ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Ukraine, while the import prices for the other major suppliers experienced a decline.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 20143215 - Ethyl acetate
• Prodcom 20143219 - Esters of acetic acid (excluding ethyl acetate)
• Prodcom 20143220 - Mono-, di- or tri-chloroacetic acids, propionic, butanoic and pentanoic acids, their salts and esters
• Prodcom 20143230 -
• Prodcom 20143240 -
• Prodcom 20143250 - Formic acid, its salts and esters
• Prodcom 20143271 - Acetic acid
• Prodcom 20143277 - Acetic anhydride
• Prodcom 20143278 - Salts of acetic acid
• Prodcom 20143280 - Lauric acid and others, salts and esters

This report provides an in-depth analysis of the monocarboxylic acid market 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.


Country coverage:
• Cyprus

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Cyprus
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2025
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2018
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2018
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2018
Table 2:
Market Volume, In Physical Terms, 2007–2018
Table 3:
Market Value, 2007–2018
Table 4:
Per Capita Consumption In 2007–2018
Table 5:
Imports, In Physical Terms, By Country, 2007–2018
Table 6:
Imports, In Value Terms, By Country, 2007–2018
Table 7:
Import Prices, By Country Of Origin, 2007–2018
Table 8:
Exports, In Physical Terms, By Country, 2007–2018
Table 9:
Exports, In Value Terms, By Country, 2007–2018
Table 10:
Export Prices, By Country Of Destination, 2007–2018
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2018
Figure 2:
Market Value, 2007–2018
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2018
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2018
Figure 5:
Trade Balance, In Physical Terms, 2007–2018
Figure 6:
Trade Balance, In Value Terms, 2007–2018
Figure 7:
Per Capita Consumption, 2007–2018
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2018
Figure 21:
Production, In Value Terms, 2007–2018
Figure 22:
Imports, In Physical Terms, 2007–2018
Figure 23:
Imports, In Value Terms, 2007–2018
Figure 24:
Imports, In Physical Terms, By Country, 2018
Figure 25:
Imports, In Physical Terms, By Country, 2007–2018
Figure 26:
Imports, In Value Terms, By Country, 2007–2018
Figure 27:
Import Prices, By Country Of Origin, 2007–2018
Figure 28:
Exports, In Physical Terms, 2007–2018
Figure 29:
Exports, In Value Terms, 2007–2018
Figure 30:
Exports, In Physical Terms, By Country, 2018
Figure 31:
Exports, In Physical Terms, By Country, 2007–2018
Figure 32:
Exports, In Value Terms, By Country, 2007–2018
Figure 33:
Export Prices, By Country Of Destination, 2007–2018
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