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Cyprus - Sunglasses - Market Analysis, Forecast, Size, Trends And Insights

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Cyprus: Sunglasses Market Overview 2020

Sunglasses Market Size in Cyprus

The revenue of the sunglasses market in Cyprus amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, sunglasses consumption continues to indicate a perceptible drop. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, the sunglasses market reached its maximum level at $X in 2007; however, from 2008 to 2018, consumption failed to regain its momentum.

Sunglasses Production in Cyprus

In value terms, sunglasses production amounted to $X in 2018 estimated in export prices. Over the period under review, sunglasses production continues to indicate a drastic contraction. The pace of growth appeared the most rapid in 2013 when production volume increased by X% y-o-y. Cyprus sunglasses production peaked at $X in 2007; however, from 2008 to 2018, production stood at a somewhat lower figure.

Sunglasses Exports

Exports from Cyprus

In 2018, approx. X units of sunglasses were exported from Cyprus; increasing by X% against the previous year. Over the period under review, sunglasses exports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2017 when exports increased by X% year-to-year. Cyprus exports peaked in 2018 and are expected to retain its growth in the immediate term.

In value terms, sunglasses exports totaled $X in 2018. In general, sunglasses exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 when exports increased by X% year-to-year. In that year, sunglasses exports attained their peak of $X. From 2013 to 2018, the growth of sunglasses exports failed to regain its momentum.

Exports by Country

China prevails in sunglasses exports structure, recording X units, which was near X% of total exports in 2018. It was distantly followed by Italy (X units), creating a X% share of total exports. China, Hong Kong SAR (X units), Taiwan, Chinese (X units), the U.S. (X units) and Germany (X units) took a little share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, China, Hong Kong SAR (+X%), Germany (+X%), the U.S. (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, China, Hong Kong SAR emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Taiwan, Chinese (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and China, Hong Kong SAR (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Italy ($X), China ($X) and China, Hong Kong SAR ($X) constituted the countries with the highest levels of exports in 2018, together comprising X% of total exports.

In terms of the main exporting countries, China recorded the highest rates of growth with regard to exports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the sunglasses export price in Cyprus amounted to $X per unit, lowering by -X% against the previous year. In general, the sunglasses export price continues to indicate a drastic decline. The pace of growth was the most pronounced in 2016 an increase of X% year-to-year. Over the period under review, the export prices for sunglasses attained their maximum at $X per unit in 2012; however, from 2013 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 Italy ($X per unit), while China ($X per unit) was amongst the lowest.

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

Sunglasses Imports

Imports into Cyprus

In 2018, the amount of sunglasses imported into Cyprus amounted to X units, rising by X% against the previous year. The total import volume increased at an average annual rate of +X% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Cyprus imports peaked at X units in 2015; however, from 2016 to 2018, imports remained at a lower figure.

In value terms, sunglasses imports amounted to $X in 2018. In general, the total imports indicated slight growth from 2007 to 2018: its value increased 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, sunglasses imports increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, sunglasses imports reached their peak figure at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

The U.S. was the largest importer of sunglasses in the world, with the volume of imports reaching X units, which was near X% of total imports in 2018. China, Hong Kong SAR (X units) held a X% share (based on tonnes) of total imports, which put it in second place, followed by India (X%), Germany (X%) and the UK (X%). Mexico (X units), Italy (X units), the Netherlands (X units), France (X units), Japan (X units), Canada (X units) and Australia (X units) followed a long way behind the leaders.

Imports into the U.S. decreased at an average annual rate of -X% from 2007 to 2018. At the same time, India (+X%), the Netherlands (+X%) and Mexico (+X%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Italy, France, Japan, the UK, Australia, Germany and Canada experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-X%) illustrated a downward trend over the same period. While the share of India (+X p.p.) increased significantly in terms of the global imports from 2007-2018, the share of China, Hong Kong SAR (-X p.p.) and the U.S. (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported sunglasses into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by China, Hong Kong SAR ($X), with a X% share of global imports. It was followed by Italy, with a X% share.

In the U.S., sunglasses imports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: China, Hong Kong SAR (+X% per year) and Italy (+X% per year).

Import Prices by Country

The sunglasses import price in Cyprus stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the sunglasses import price, however, continues to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% y-o-y. Over the period under review, the import prices for sunglasses attained their peak figure at $X per unit in 2007; however, from 2008 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was China, Hong Kong SAR ($X per unit), while India ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform

Product coverage:
• Prodcom 32504250 - Sunglasses

This report provides an in-depth analysis of the sunglasses 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 2030.


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 2030
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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