Cyprus: Spinach Market Overview 2020

Spinach Market Size in Cyprus

The revenue of the spinach market in Cyprus amounted to $X in 2018, standing approx. at the previous year. In general, spinach consumption, however, continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2008 when the market value increased by X% year-to-year. Over the period under review, the spinach market attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Spinach Production in Cyprus

In value terms, spinach production amounted to $X in 2018 estimated in export prices. Overall, the total output indicated a pronounced expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, spinach production increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2016 with an increase of X% y-o-y. Over the period under review, spinach production attained its peak figure level in 2018 and is expected to retain its growth in the near future.

Average yield of spinach in Cyprus amounted to X tonne per ha in 2018, falling by -X% against the previous year. Overall, the spinach yield continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2016 when yield increased by X% y-o-y. Over the period under review, the average spinach yield reached its maximum level at X tonne per ha in 2007; however, from 2008 to 2018, yield stood at a somewhat lower figure. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.

In 2018, approx. X ha of spinach were harvested in Cyprus; leveling off at the previous year. In general, the spinach harvested area continues to indicate a mild decline. The pace of growth appeared the most rapid in 2016 when harvested area increased by X% year-to-year. Over the period under review, the harvested area dedicated to spinach production attained its peak figure at X ha in 2007; however, from 2008 to 2018, harvested area stood at a somewhat lower figure.

Spinach Exports

Exports from Cyprus

In 2018, approx. X tonnes of spinach were exported from Cyprus; reducing by -X% against the previous year. Overall, spinach exports continue to indicate a precipitous shrinkage. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, spinach exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, spinach exports amounted to $X in 2018. Overall, spinach exports continue to indicate a precipitous downturn. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Spinach Imports

Imports into Cyprus

In 2018, approx. X tonnes of spinach were imported into Cyprus; surging by X% against the previous year. Overall, spinach imports continue to indicate outstanding growth. The pace of growth was the most pronounced in 2008 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

In value terms, spinach imports amounted to $X in 2018. Overall, spinach imports continue to indicate an outstanding increase. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. Imports peaked in 2018 and are expected to retain its growth in the near future.

Source: IndexBox AI Platform