Cyprus: Video Monitor Market 2020

Video Monitor Market Size in Cyprus

The revenue of the video monitor market in Cyprus amounted to $X in 2018, remaining relatively unchanged against the previous year. In general, video monitor consumption continues to indicate a mild contraction. The growth pace was the most rapid in 2015 with an increase of X% year-to-year. Cyprus video monitor consumption peaked at $X in 2009; however, from 2010 to 2018, consumption remained at a lower figure.

Video Monitor Production in Cyprus

In value terms, video monitor production stood at $X in 2018 estimated in export prices. In general, video monitor production, however, continues to indicate a noticeable shrinkage. The most prominent rate of growth was recorded in 2012 with an increase of X% year-to-year. Over the period under review, video monitor production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production failed to regain its momentum.

Video Monitor Exports

Exports from Cyprus

In 2018, the amount of video monitors exported from Cyprus amounted to X units, falling by -X% against the previous year. In general, video monitor exports continue to indicate a dramatic drop. The pace of growth was the most pronounced in 2016 with an increase of X% year-to-year. Cyprus exports peaked at X units in 2008; however, from 2009 to 2018, exports failed to regain their momentum.

In value terms, video monitor exports totaled $X in 2018. In general, video monitor exports continue to indicate a dramatic reduction. The pace of growth was the most pronounced in 2012 when exports increased by X% against the previous year. Over the period under review, video monitor exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

Exports by Country

China represented the main exporter of video monitors in the world, with the volume of exports resulting at X units, which was approx. X% of total exports in 2018. It was distantly followed by Japan (X units), Mexico (X units), Hungary (X units) and the U.S. (X units), together committing a X% share of total exports. South Korea (X units), the Netherlands (X units), the Czech Republic (X units), Singapore (X units), Thailand (X units), Vietnam (X units) and Ireland (X units) held a little share of total exports.

Exports from China decreased at an average annual rate of -X% from 2007 to 2018. At the same time, Vietnam (+X%), Hungary (+X%), Ireland (+X%), Japan (+X%), Mexico (+X%), the U.S. (+X%), Singapore (+X%) and the Czech Republic (+X%) displayed positive paces of growth. Moreover, Vietnam emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Thailand (-X%) and the Netherlands (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Japan, Hungary, Mexico, Vietnam and the U.S. increased by +X%, +X%, +X%, +X% and +X% percentage points, while Thailand (-X p.p.), the Netherlands (-X p.p.) and China (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest video monitor supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Japan, with a X% share.

From 2007 to 2018, the average annual growth rate of value in China amounted to -X%. The remaining exporting countries recorded the following average annual rates of exports growth: Mexico (+X% per year) and Japan (+X% per year).

Export Prices by Country

In 2018, the video monitor export price in Cyprus amounted to $X per unit, going up by X% against the previous year. In general, the video monitor export price continues to indicate an outstanding expansion. The pace of growth was the most pronounced in 2015 when the export price increased by X% against the previous year. In that year, the export prices for video monitors reached their peak level of $X per unit. From 2016 to 2018, the growth in terms of the export prices for video monitors remained 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 Vietnam ($X per unit), while Ireland ($X per unit) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Vietnam (+X% per year), while the other leaders experienced more modest paces of growth.

Video Monitor Imports

Imports into Cyprus

In 2018, the imports of video monitors into Cyprus stood at X units, declining by -X% against the previous year. Overall, video monitor imports continue to indicate a deep curtailment. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Cyprus imports peaked at X units in 2011; however, from 2012 to 2018, imports failed to regain their momentum.

In value terms, video monitor imports amounted to $X in 2018. Overall, video monitor imports continue to indicate an abrupt setback. The growth pace was the most rapid in 2015 when imports increased by X% y-o-y. Cyprus imports peaked at $X in 2011; however, from 2012 to 2018, imports remained at a lower figure.

Imports by Country

In 2018, Mexico (X units), distantly followed by China (X units), the U.S. (X units), Russia (X units), Japan (X units), the Netherlands (X units) and Germany (X units) were the main importers of video monitors, together achieving X% of total imports. China, Hong Kong SAR (X units), Malaysia (X units), Thailand (X units), Turkey (X units) and India (X units) occupied a relatively small share of total imports.

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

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

In the U.S., video monitor imports decreased by an average annual rate of -X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Germany (-X% per year) and Russia (+X% per year).

Import Prices by Country

The video monitor import price in Cyprus stood at $X per unit in 2018, surging by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2011 an increase of X% y-o-y. Cyprus import price peaked 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. ($X per unit), while China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform