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Cyprus - Interchangeable Tools for Hand Tools - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyprus: Interchangeable Tool Market 2020
Interchangeable Tool Market Size in Cyprus
The revenue of the interchangeable tool market in Cyprus amounted to $X in 2018, coming down 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). Over the period under review, interchangeable tool consumption continues to indicate a temperate curtailment. The pace of growth was the most pronounced in 2017 when the market value increased by X% against the previous year. Over the period under review, the interchangeable tool market reached its maximum level at $X in 2011; however, from 2012 to 2018, consumption stood at a somewhat lower figure.
Interchangeable Tool Exports
Exports from Cyprus
In 2018, the amount of interchangeable tools for hand tools exported from Cyprus amounted to X tons, growing by X% against the previous year. Over the period under review, interchangeable tool exports continue to indicate an extraordinary expansion. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, interchangeable tool exports reached their maximum in 2018 and are expected to retain its growth in the immediate term.
In value terms, interchangeable tool exports amounted to $X in 2018. In general, interchangeable tool exports continue to indicate a skyrocketing expansion. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, interchangeable tool exports attained their peak figure in 2018 and are likely to continue its growth in the near future.
Exports by Country
In 2018, China (X tons), distantly followed by South Korea (X tons), Germany (X tons), Japan (X tons) and Italy (X tons) were the largest exporters of interchangeable tools for hand tools, together committing X% of total exports. The U.S. (X tons), Taiwan, Chinese (X tons), Canada (X tons), Spain (X tons) and Turkey (X tons) occupied a little share of total exports.
From 2007 to 2018, average annual rates of growth with regard to interchangeable tool exports from China stood at +X%. At the same time, Turkey (+X%), Canada (+X%), South Korea (+X%) and Taiwan, Chinese (+X%) displayed positive paces of growth. Moreover, Turkey emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan, Italy, the U.S. and Spain experienced a relatively flat trend pattern. By contrast, Germany (-X%) illustrated a downward trend over the same period. China (+X p.p.) and South Korea (+X p.p.) significantly strengthened its position in terms of the global exports, while Germany saw its share reduced by -X% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the largest interchangeable tool markets from Cyprus were Germany ($X), China ($X) and Japan ($X), with a combined X% share of total exports. These countries were followed by the U.S., South Korea, Italy, Taiwan, Chinese, Canada, Spain, Turkey and Cyprus, which together accounted for a further X experienced 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 interchangeable tool export price in Cyprus stood at $X per ton in 2018, increasing by X% against the previous year. In general, the interchangeable tool export price, however, continues to indicate a significant drop. The most prominent rate of growth was recorded in 2017 when the export price increased by X% y-o-y. Cyprus export price peaked at $X per ton in 2011; however, from 2012 to 2018, export prices remained at a lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per ton), while Turkey ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.
Interchangeable Tool Imports
Imports into Cyprus
In 2018, approx. X tons of interchangeable tools for hand tools were imported into Cyprus; dropping by -X% against the previous year. Overall, interchangeable tool imports continue to indicate a measured slump. The most prominent rate of growth was recorded in 2017 when imports increased by X% year-to-year. Cyprus imports peaked at X tons in 2008; however, from 2009 to 2018, imports remained at a lower figure.
In value terms, interchangeable tool imports totaled $X in 2018. Overall, the total imports indicated a slight expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, interchangeable tool imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. In that year, interchangeable tool imports attained their peak of $X, and then declined slightly in the following year.
Imports by Country
In 2018, the U.S. (X tons), followed by Germany (X tons), China (X tons) and Spain (X tons) represented the main importers of interchangeable tools for hand tools, together committing X% of total imports. Mexico (X tons), Russia (X tons), France (X tons), the UK (X tons), India (X tons), Japan (X tons), Austria (X tons) and Brazil (X tons) followed a long way behind the leaders.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Mexico, while the other leaders experienced more modest paces of growth.
In value terms, the largest interchangeable tool importing markets into Cyprus were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports. Mexico, France, India, Japan, Russia, the UK, Spain, Austria, Brazil and Cyprus lagged somewhat behind, together comprising a further X recorded the highest growth rate of imports, among 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 interchangeable tool import price in Cyprus amounted to $X per ton, picking up by X% against the previous year. Overall, the import price indicated a perceptible expansion from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, interchangeable tool import price increased by +X% against 2014 indices. The most prominent rate of growth was recorded in 2011 an increase of X% year-to-year. Cyprus import price peaked in 2018 and is expected to retain its growth in the near future.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Germany ($X per ton), while Brazil ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by India, while the other leaders experienced mixed trends in the import price figures.
Source: IndexBox Platform
This report provides an in-depth analysis of the interchangeable tool 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 25734014 - Tapping tools for working metal
- Prodcom 25734016 - Threading tools for working metal
- Prodcom 25734019 - Tapping or threading tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734023 - Drilling tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734025 - Masonry drills with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for rock drilling)
- Prodcom 25734027 - Drilling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734031 - Drilling tools with working part of high speed steel, for working metal excluding work and tool holders for machines or hand tools - for rock drilling
- Prodcom 25734033 - Drilling tools with working part of materials other than diamond, agglomerated diamond or sintered metal carbide, f or working metal excluding with working part of high speed steel
- Prodcom 25734035 - Drilling tools (excluding work and tool holders for machines or hand tools, with working part of diamond or agglomerated diamond, for rock drilling, masonry drills, for working metal)
- Prodcom 25734037 - Boring or broaching tools with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools, for earth boring)
- Prodcom 25734044 - Boring tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734045 - Boring or broaching tools (excluding work and tool holders for machines or hand tools, with diamond or agglomerated diamond working parts, for working metal, for earth boring)
- Prodcom 25734048 - Broaching tools for working metal, with working part of materials other than diamond or agglomerated diamond
- Prodcom 25734050 - Milling tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734061 - Shank type milling tools for working metal (excluding with working part of sintered metal carbide)
- Prodcom 25734065 -
- Prodcom 25734067 -
- Prodcom 25734069 - Milling tools (excluding for working metal)
- Prodcom 25734071 - Turning tools with working part of sintered metal carbide, for working metal excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734074 - Turning tools for working metal, with working part of materials other than cermets
- Prodcom 25734079 - Turning tools (excluding work and tool holders for machines or hand tools, for working metal)
- Prodcom 25734081 - Other interchangeable tools of CN .82.07 with working part of diamond
- Prodcom 25734083 - Screwdriver bits with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734085 - Gear-cutting tools with working part of materials other than diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25734087 - Interchangeable hand tools with working part of sintered metal carbide excluding unmounted sintered metal carbide plates, sticks, tips and the like for tools
- Prodcom 25734089 - Interchangeable tools in other materials
- Prodcom 25736013 - Rock drilling or earth boring tools with working part of cermets
- Prodcom 25736018 - Rock-drilling or earth-boring tools, interchangeable, and parts therefor, with working parts of materials other than sintered metal carbide or cermets
- Prodcom 25736023 - Dies for drawing or extruding metal, with working part of diamond or agglomerated diamond (excluding work and tool holders for machines or hand tools)
- Prodcom 25736024 - Dies for drawing or extruding metal (excluding unmounted plates, sticks, tips, rods, pellets, rings, etc. of sintered metal carbides or cermets)
- Prodcom 25736033 - Pressing, stamping or punching tools for working metal (excluding work and tool holders for machines or hand tools)
- Prodcom 25736039 - Pressing, stamping or punching tools (excluding work and tool holders for machines or hand tools, for working metal)
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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