Feb 1, 2019

Cyprus - Sparking Plugs - Market Analysis, Forecast, Size, Trends and Insights

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Cyprus: Spark Plug Market Overview 2019

Spark Plug Market Size in Cyprus

The revenue of the spark plug market in Cyprus amounted to $X in 2018, jumping by X% against the previous year. In general, spark plug consumption continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when the market value increased by X% against the previous year. Over the period under review, the spark plug market reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Spark Plug Production in Cyprus

In value terms, spark plug production stood at $X in 2018 estimated in export prices. In general, spark plug production continues to indicate a relatively flat trend pattern.

Spark Plug Exports

Exports from Cyprus

In 2018, the amount of sparking plugs exported from Cyprus totaled X units, going up by X% against the previous year. In general, spark plug exports continue to indicate a prominent expansion. The pace of growth was the most pronounced in 2014, with an increase of X% against the previous year. Over the period under review, spark plug exports reached their peak figure in 2018, and are expected to retain its growth in the near future.

In value terms, spark plug exports totaled $X in 2018. Over the period under review, spark plug exports continue to indicate a skyrocketing growth. The pace of growth appeared the most rapid in 2014, when exports increased by X% year-to-year. Over the period under review, spark plug exports attained their peak figure at $X in 2017, leveling off in the following year.

Exports by Country

In 2018, Japan (X units), distantly followed by Germany (X units), China (X units) and Mexico (X units) represented the key exporters of sparking plugs, together making up X% of total exports. The following exporters - France (X units), the Netherlands (X units), Indonesia (X units), Russia (X units), Belgium (X units) and the UK (X units) - together made up X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Russia, while the other leaders experienced more modest paces of growth.

In value terms, the largest spark plug markets from Cyprus were Japan ($X), Germany ($X) and Mexico ($X), together accounting for X% of total exports. France, China, the Netherlands, Belgium, the UK, Indonesia, Russia and Cyprus lagged somewhat behind, together comprising a further X the main exporting countries, Cyprus experienced the highest growth rate of exports, over the last eleven year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the spark plug export price in Cyprus amounted to $X per thousand units, reducing by -X% against the previous year. Over the period under review, the spark plug export price, however, continues to indicate a strong expansion. The pace of growth was the most pronounced in 2013, an increase of X% y-o-y. In that year, the export prices for sparking plugs attained their peak level of $X per thousand units. From 2014 to 2018, the growth in terms of the export prices for sparking plugs remained at a somewhat lower figure.

There were significant differences in the average export prices amongst the major exporting countries. In 2018, the country with the highest export price was France ($X per thousand units), while China ($X per thousand units) was amongst the lowest.

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

Spark Plug Imports

Imports into Cyprus

In 2018, spark plug imports into Cyprus amounted to X units, falling by -X% against the previous year. In general, spark plug imports continue to indicate an abrupt contraction. The pace of growth was the most pronounced in 2012, with an increase of X% against the previous year. In that year, spark plug imports reached their peak of X units. From 2013 to 2018, the growth of spark plug imports remained at a somewhat lower figure.

In value terms, spark plug imports amounted to $X in 2018. Over the period under review, spark plug imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015, when imports increased by X% year-to-year. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X units) was the largest importer for sparking plugs, mixing up X% of total imports. Germany (X units) took a X% share (based on tonnes) of total imports, which put it in second place, followed by the United Arab Emirates (X%), China (X%) and Mexico (X%). Russia (X units), India (X units), Australia (X units), Thailand (X units), the UK (X units) and the Netherlands (X units) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of sparking plugs imports. At the same time, the United Arab Emirates (+X%), India (+X%), China (+X%), Thailand (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, the United Arab Emirates emerged as the fastest growing importer in the world, with a CAGR of +X% from 2007-2018. Mexico and Russia experienced a relatively flat trend pattern. By contrast, the Netherlands (-X%) and the UK (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of the UK increased by X% percentage points, while the U.S. (-X%), India (-X%), China (-X%) and the United Arab Emirates (-X%) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest spark plug importing markets into Cyprus were the U.S. ($X), Germany ($X) and China ($X), together comprising X% of total imports. Mexico, the United Arab Emirates, the UK, Russia, the Netherlands, Australia, Thailand, India and Cyprus lagged somewhat behind, together accounting for a further X the main importing countries, the United Arab Emirates recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the spark plug import price in Cyprus amounted to $X per thousand units, surging by X% against the previous year. In general, the spark plug import price continues to indicate a remarkable expansion. The most prominent rate of growth was recorded in 2013, an increase of X% y-o-y. Cyprus import price peaked in 2018, and is likely to continue its growth in the near future.

Import prices varied noticeably by the country of destination; the country with the highest import price was the UK ($X per thousand units), while India ($X per thousand units) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 29312130 - Sparking plugs

This report provides an in-depth analysis of the spark plug 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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