Cyprus: Overview of the Market for Toilet And Kitchen Linen 2019

Market Size for Toilet And Kitchen Linen in Cyprus

The revenue of the toilet and kitchen linen market in Cyprus amounted to $X in 2018, shrinking 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, toilet and kitchen linen consumption continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of X% against the previous year. Cyprus toilet and kitchen linen consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Exports of Toilet And Kitchen Linen

Exports from Cyprus

In 2018, the toilet and kitchen linen exports from Cyprus amounted to X tonnes, shrinking by -X% against the previous year. Over the period under review, toilet and kitchen linen exports continue to indicate an abrupt curtailment. The growth pace was the most rapid in 2009 when exports increased by X% against the previous year. Cyprus exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, toilet and kitchen linen exports amounted to $X in 2018. Overall, toilet and kitchen linen exports continue to indicate a deep drop. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Over the period under review, toilet and kitchen linen exports reached their maximum at $X in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

Exports by Country

In 2018, India (X tonnes), Pakistan (X tonnes) and China (X tonnes) were the key exporters of toilet and kitchen linen in the world, generating X% of total export. Turkey (X tonnes) ranks next in terms of the total exports with a X% share, followed by Viet Nam (X%). Bangladesh (X tonnes) and Portugal (X tonnes) occupied a minor share 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 Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the largest toilet and kitchen linen markets from Cyprus were China ($X), India ($X) and Pakistan ($X), with a combined X% share of total exports. Turkey, Portugal, Bangladesh, Viet Nam and Cyprus lagged somewhat behind, together comprising a further X Nam recorded the highest growth rate of exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the toilet and kitchen linen export price in Cyprus amounted to $X per tonne, surging by X% against the previous year. Over the period under review, the toilet and kitchen linen export price continues to indicate measured growth. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. In that year, the export prices for toilet and kitchen linen reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the export prices for toilet and kitchen linen remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Portugal ($X per tonne), while Pakistan ($X per tonne) was amongst the lowest.

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

Imports of Toilet And Kitchen Linen

Imports into Cyprus

In 2018, approx. X tonnes of toilet and kitchen linen were imported into Cyprus; falling by -X% against the previous year. Over the period under review, toilet and kitchen linen imports continue to indicate a slight decline. The pace of growth was the most pronounced in 2016 when imports increased by X% against the previous year. Over the period under review, toilet and kitchen linen imports reached their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

In value terms, toilet and kitchen linen imports totaled $X in 2018. Over the period under review, toilet and kitchen linen imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

The U.S. was the main importing country with an import of around X tonnes, which amounted to X% of total imports. It was distantly followed by Japan (X tonnes), Germany (X tonnes) and the UK (X tonnes), together generating an X% share of total imports. France (X tonnes), the Philippines (X tonnes), Italy (X tonnes), Spain (X tonnes), Australia (X tonnes), the Netherlands (X tonnes), Belgium (X tonnes) and Russia (X tonnes) followed a long way behind the leaders.

The U.S. experienced a relatively flat trend pattern of toilet and kitchen linen imports. At the same time, the Philippines (+X%), Australia (+X%), the Netherlands (+X%) and France (+X%) displayed positive paces of growth. Moreover, the Philippines emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Belgium, Germany and Italy experienced a relatively flat trend pattern. By contrast, the UK (-X%), Japan (-X%), Spain (-X%) and Russia (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.) and the Philippines (+X p.p.) significantly strengthened its position in terms of the global imports, while Japan saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported toilet and kitchen linen into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The toilet and kitchen linen import price in Cyprus stood at $X per tonne in 2018, growing by X% against the previous year. Overall, the toilet and kitchen linen import price continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. In that year, the import prices for toilet and kitchen linen reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the import prices for toilet and kitchen linen failed to regain its momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was the Philippines ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

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

Source: IndexBox AI Platform