Cyprus: Telephonic Switching Apparatus Market Overview 2020

Telephonic Switching Apparatus Market Size in Cyprus

The revenue of the telephonic switching apparatus market in Cyprus amounted to $X in 2018, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, telephonic switching apparatus consumption continues to indicate an abrupt setback. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. In that year, the telephonic switching apparatus market reached its peak level of $X. From 2009 to 2018, the growth of the telephonic switching apparatus market failed to regain its momentum.

Telephonic Switching Apparatus Exports

Exports from Cyprus

In 2018, the amount of telephonic or telegraphic switching apparatus exported from Cyprus totaled X units, growing by X% against the previous year. Overall, telephonic switching apparatus exports continue to indicate a skyrocketing expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. In that year, telephonic switching apparatus exports attained their peak of X units. From 2014 to 2018, the growth of telephonic switching apparatus exports remained at a somewhat lower figure.

In value terms, telephonic switching apparatus exports stood at $X in 2018. In general, telephonic switching apparatus exports continue to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 when exports increased by X% y-o-y. Over the period under review, telephonic switching apparatus exports attained their maximum in 2018 and are likely to continue its growth in the immediate term.

Exports by Country

China was the major exporting country with an export of about X units, which finished at X% of total exports. China, Hong Kong SAR (X units) took the second position in the ranking, distantly followed by Singapore (X units), Mexico (X units) and Japan (X units). All these countries together took approx. X% share of total exports. Malaysia (X units) and Viet Nam (X units) followed a long way behind the leaders.

From 2007 to 2018, average annual rates of growth with regard to telephonic switching apparatus exports from China stood at +X%. At the same time, Viet Nam (+X%), Mexico (+X%), Malaysia (+X%), Japan (+X%) and China, Hong Kong SAR (+X%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. By contrast, Singapore (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Hong Kong SAR, China, Mexico, Malaysia, Viet Nam and Japan increased by +X%, +X%, +X%, +X%, +X% and +X% percentage points, while Singapore (-X p.p.) saw their share reduced.

In value terms, China ($X) remains the largest telephonic switching apparatus supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by China, Hong Kong SAR, with a X% share.

In China, telephonic switching apparatus exports expanded at an average annual rate of +X% over the period from 2007-2018. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+X% per year) and China, Hong Kong SAR (+X% per year).

Export Prices by Country

The telephonic switching apparatus export price in Cyprus stood at $X per unit in 2018, rising by X% against the previous year. Over the period under review, the telephonic switching apparatus export price, however, continues to indicate an abrupt decline. The pace of growth was the most pronounced in 2014 when the export price increased by X% year-to-year. Over the period under review, the export prices for telephonic or telegraphic switching apparatus attained their peak figure at $X per unit in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Mexico ($X per unit), while Japan ($X per unit) was amongst the lowest.

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

Telephonic Switching Apparatus Imports

Imports into Cyprus

Telephonic switching apparatus imports into Cyprus stood at X units in 2018, coming down by -X% against the previous year. Overall, telephonic switching apparatus imports continue to indicate a deep shrinkage. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. Cyprus imports peaked at X units in 2013; however, from 2014 to 2018, imports failed to regain their momentum.

In value terms, telephonic switching apparatus imports amounted to $X in 2018. In general, telephonic switching apparatus imports continue to indicate a buoyant expansion. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. In that year, telephonic switching apparatus imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, China, Hong Kong SAR (X units) represented the key importer of telephonic or telegraphic switching apparatus, mixing up X% of total imports. China (X units) ranks second in terms of the total imports with a X% share, followed by the U.S. (X%) and Mexico (X%). The following importers - Japan (X units), Singapore (X units), India (X units), Brazil (X units), Mozambique (X units), Germany (X units) and Russia (X units) - together made up X% of total imports.

Imports into China, Hong Kong SAR increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mozambique (+X%), Mexico (+X%), Brazil (+X%), China (+X%), India (+X%), Singapore (+X%), Russia (+X%), Japan (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Mozambique emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, the U.S. (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Hong Kong SAR, China, Mexico, Japan, Mozambique, Brazil, India and Singapore increased by +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China, Hong Kong SAR (+X% per year).

Import Prices by Country

In 2018, the telephonic switching apparatus import price in Cyprus amounted to $X per unit, going up by X% against the previous year. In general, the telephonic switching apparatus import price continues to indicate a prominent increase. The growth pace was the most rapid in 2017 an increase of X% y-o-y. Over the period under review, the import prices for telephonic or telegraphic switching apparatus reached their maximum in 2018 and is likely to continue its growth in the immediate term.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per unit), while Mozambique ($X per unit) was amongst the lowest.

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

Source: IndexBox AI Platform