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Cyprus - Bars and Rods of Iron or Steel (Hot-Rolled) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyprus: Iron Bar Market 2020
Iron Bar Market Size in Cyprus
The revenue of the iron bar market in Cyprus amounted to $X in 2018, surging 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, iron bar consumption, however, continues to indicate a pronounced curtailment. The pace of growth appeared the most rapid in 2018 when the market value increased by X% year-to-year. Over the period under review, the iron bar market reached its peak figure level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.
Iron Bar Exports
Exports from Cyprus
In 2018, the amount of bars and rods of iron or steel (hot-rolled) exported from Cyprus amounted to X tons, declining by -X% against the previous year. Overall, iron bar exports continue to indicate a drastic shrinkage. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. In that year, iron bar exports attained their peak of X tons. From 2009 to 2018, the growth of iron bar exports failed to regain its momentum.
In value terms, iron bar exports amounted to $X in 2018. In general, iron bar exports continue to indicate a precipitous slump. The growth pace was the most rapid in 2013 when exports increased by X% y-o-y. Over the period under review, iron bar exports attained their maximum at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.
Exports by Country
In 2018, China (X tons), distantly followed by Turkey (X tons), Germany (X tons) and Italy (X tons) represented the key exporters of bars and rods of iron or steel (hot-rolled), together comprising X% of total exports. The following exporters - Japan (X tons), Russia (X tons), Spain (X tons), Ukraine (X tons), France (X tons), Poland (X tons), the Czech Republic (X tons) and South Korea (X tons) - together made up X% of total exports.
Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Russia (+X%), Poland (+X%), South Korea (+X%), Japan (+X%), Spain (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. The Czech Republic and France experienced a relatively flat trend pattern. By contrast, Turkey (-X%), Germany (-X%) and Ukraine (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.) and Russia (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of Ukraine (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest iron bar markets from Cyprus were China ($X), Turkey ($X) and Germany ($X), with a combined X% share of total exports. These countries were followed by Italy, Japan, Russia, Spain, France, Ukraine, South Korea, the Czech Republic, Poland and Cyprus, which together accounted for a further X recorded the highest rates of growth with regard to 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
The iron bar export price in Cyprus stood at $X per ton in 2018, shrinking by -X% against the previous year. In general, the iron bar export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 an increase of X% year-to-year. Cyprus export price peaked at $X per ton in 2007; however, from 2008 to 2018, export prices failed to regain their momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Japan ($X per ton), while China ($X per ton) 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.
Iron Bar Imports
Imports into Cyprus
In 2018, approx. X tons of bars and rods of iron or steel (hot-rolled) were imported into Cyprus; increasing by X% against the previous year. Over the period under review, iron bar imports, however, continue to indicate a measured decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, iron bar imports attained their peak figure at X tons in 2007; however, from 2008 to 2018, imports failed to regain their momentum.
In value terms, iron bar imports stood at $X in 2018. Over the period under review, iron bar imports, however, continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2018 when imports increased by X% y-o-y. Over the period under review, iron bar imports reached their maximum at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.
Imports by Country
In 2018, Germany (X tons) and the U.S. (X tons) represented the largest importers of bars and rods of iron or steel (hot-rolled)in the world, together making up X% of total imports. South Korea (X tons), the Netherlands (X tons), Italy (X tons), Thailand (X tons), France (X tons), Singapore (X tons), Belgium (X tons), Poland (X tons), China, Hong Kong SAR (X tons) and Malaysia (X tons) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), the U.S. ($X) and Italy ($X) appeared to be the countries with the highest levels of imports in 2018, with a combined X% share of total imports. Thailand, South Korea, France, the Netherlands, Poland, Belgium, Singapore, Malaysia, China, Hong Kong SAR and Cyprus lagged somewhat behind, together comprising a further X experienced the highest growth rate of imports, in terms of the main importing countries over the last eleven-year period, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the iron bar import price in Cyprus amounted to $X per ton, jumping by X% against the previous year. Overall, the iron bar import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008 when the import price increased by X% against the previous year. In that year, the import prices for bars and rods of iron or steel (hot-rolled) attained their peak level of $X per ton. From 2009 to 2018, the growth in terms of the import prices for bars and rods of iron or steel (hot-rolled) remained at a lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Italy ($X per ton), while China, Hong Kong SAR ($X per ton) 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 Platform
This report provides an in-depth analysis of the iron bar 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.
Product coverage:
- Prodcom 24106110 - Ribbed or other deformed wire rod (of non-alloy steel)
- Prodcom 24106120 - Wire rod of free-cutting steel
- Prodcom 24106130 - Wire rod used for concrete reinforcing (mesh/cold ribbed bars)
- Prodcom 24106140 - Wire rod for tyre cord
- Prodcom 24106190 - Other wire rod (of non-alloy steel)
- Prodcom 24106210 - Hot-rolled concrete reinforcing bars
- Prodcom 24106230 - Hot-rolled bars in free-cutting steels
- Prodcom 24106250 - Forged bars of steel and hot-rolled bars (excluding hollow drill bars and rods) of non-alloy steel (of other than of free-cutting steel)
- Prodcom 24106300 - Hot-rolled wire rod in coil, of stainless steel
- Prodcom 24106410 - Hot-rolled round bars, of stainless steel
- Prodcom 24106430 - Bars and rods of stainless steel, only hot-rolled, only hotdrawn or only extruded (excluding of circular cross-section)
- Prodcom 24106510 - Bars and rods of high-speed steel, hot-rolled, in irregularly wound coils
- Prodcom 24106530 - Bars and rods of silico-manganese steel, hot-rolled, in irregularly wound coils
- Prodcom 24106550 - Hot-rolled wire rod, of bearing steel
- Prodcom 24106570 - Bars and rods of alloy steel other than stainless, hot-rolled, in irregularly wound coils (excluding products of bearing steel, h igh-speed steel or silico-manganese steel)
- Prodcom 24106630 - Hot-rolled bars in bearing steels
- Prodcom 24106640 - Hot-rolled bars in tool steels
- Prodcom 24106650 - Hot-rolled bars (excluding hollow drill bars and rods) of alloy steel (other than of stainless, tool, silico-manganese, bearing and high speed steel)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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