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Cyprus - Lifts and Skip Hoists - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyprus: Artificial Lift Market 2020
Artificial Lift Market Size in Cyprus
The revenue of the artificial lift 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, artificial lift consumption, however, continues to indicate a noticeable curtailment. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Cyprus artificial lift consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.
Artificial Lift Exports
Exports from Cyprus
Artificial lift exports from Cyprus amounted to X units in 2018, lowering by -X% against the previous year. Overall, artificial lift exports continue to indicate a measured downturn. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Cyprus exports peaked at X units in 2016; however, from 2017 to 2018, exports failed to regain their momentum.
In value terms, artificial lift exports stood at $X in 2018. In general, artificial lift exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when exports increased by X% year-to-year. Cyprus exports peaked at $X in 2016; however, from 2017 to 2018, exports stood at a somewhat lower figure.
Exports by Country
In 2018, China (X units), distantly followed by Italy (X units), Germany (X units), Spain (X units), Thailand (X units), the Netherlands (X units) and the U.S. (X units) were the largest exporters of lifts and skip hoists, together achieving X% of total exports. The following exporters - Slovakia (X units), Belarus (X units), France (X units), Canada (X units) and Japan (X units) - together made up X% of total exports.
From 2007 to 2018, average annual rates of growth with regard to artificial lift exports from China stood at +X%. At the same time, Slovakia (+X%), Canada (+X%), Thailand (+X%), Belarus (+X%), the Netherlands (+X%), Spain (+X%), the U.S. (+X%), Germany (+X%) and Italy (+X%) displayed positive paces of growth. Moreover, Slovakia emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Japan experienced a relatively flat trend pattern. By contrast, France (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China, Thailand, Slovakia, Spain, the Netherlands, Canada, the U.S., Belarus and Germany increased by +X%, +X%, +X%, +X%, +X%, +X%, +X%, +X% and +X% percentage points, while France (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest artificial lift supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Spain ($X), with a X% share of global exports. It was followed by Germany, with a X% share.
In China, artificial lift exports increased 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: Spain (+X% per year) and Germany (+X% per year).
Export Prices by Country
In 2018, the artificial lift export price in Cyprus amounted to $X per unit, coming down by -X% against the previous year. Overall, the export price indicated a moderate 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, artificial lift export price increased by +X% against 2014 indices. The pace of growth appeared the most rapid in 2012 when the export price increased by X% y-o-y. In that year, the export prices for lifts and skip hoists reached their peak level of $X per unit. From 2013 to 2018, the growth in terms of the export prices for lifts and skip hoists remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was Spain ($X per unit), while Belarus ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by China, while the other leaders experienced more modest paces of growth.
Artificial Lift Imports
Imports into Cyprus
In 2018, the amount of lifts and skip hoists imported into Cyprus amounted to X units, jumping by X% against the previous year. Overall, artificial lift imports, however, continue to indicate a mild reduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, artificial lift imports attained their peak figure at X units in 2008; however, from 2009 to 2018, imports failed to regain their momentum.
In value terms, artificial lift imports amounted to $X in 2018. Over the period under review, artificial lift imports, however, continue to indicate a deep deduction. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, artificial lift imports attained their maximum at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.
Imports by Country
Free Zones was the largest importing country with an import of about X units, which finished at X% of total imports. Russia (X units) ranks second in terms of the total imports with a X% share, followed by the U.S. (X%). Canada (X units), the UK (X units), Germany (X units), Saudi Arabia (X units), the Philippines (X units), Nauru (X units), Switzerland (X units), India (X units) and Australia (X units) followed a long way behind the leaders.
From 2007 to 2018, average annual rates of growth with regard to artificial lift imports into Free Zones stood at +X%. At the same time, Nauru (+X%), the U.S. (+X%), Saudi Arabia (+X%), the Philippines (+X%), India (+X%), Germany (+X%), Russia (+X%), Australia (+X%), Canada (+X%) and Switzerland (+X%) displayed positive paces of growth. Moreover, Nauru emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. The UK experienced a relatively flat trend pattern. While the share of Free Zones (+X p.p.), the U.S. (+X p.p.), Russia (+X p.p.), Nauru (+X p.p.), Saudi Arabia (+X p.p.), Germany (+X p.p.) and the Philippines (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Germany ($X), Russia ($X) and the UK ($X) were the countries with the highest levels of imports in 2018, with a combined X% share of total imports. These countries were followed by Canada, the U.S., Australia, Switzerland, Saudi Arabia, India, the Philippines, Cyprus, Free Zones and Nauru, which together accounted for a further X Philippines recorded 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
The artificial lift import price in Cyprus stood at $X per unit in 2018, declining by -X% against the previous year. Overall, the artificial lift import price continues to indicate an abrupt decline. The pace of growth appeared the most rapid in 2013 when the import price increased by X% year-to-year. Cyprus import price peaked at $X per unit in 2014; however, from 2015 to 2018, import prices remained at a lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per unit), while Nauru ($X per unit) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Canada, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the artificial lift 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 28221630 - Electrically operated lifts and skip hoists
- Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)
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
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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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