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Cyprus - Tankers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyprus: Tanker Market 2020
Tanker Market Size in Cyprus
The revenue of the tanker market in Cyprus amounted to $X in 2018, waning 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). Overall, tanker consumption continues to indicate a pronounced curtailment. The pace of growth was the most pronounced in 2008 when the market value increased by X% y-o-y. In that year, the tanker market reached its peak level of $X. From 2009 to 2018, the growth of the tanker market remained at a lower figure.
Tanker Exports
Exports from Cyprus
In 2018, the exports of tankers from Cyprus totaled X tons, picking up by X% against the previous year. Over the period under review, tanker exports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, tanker exports attained their peak of X tons. From 2009 to 2018, the growth of tanker exports failed to regain its momentum.
In value terms, tanker exports amounted to $X in 2018. Overall, tanker exports, however, continue to indicate a moderate expansion. The pace of growth appeared the most rapid in 2017 with an increase of X% y-o-y. Cyprus exports peaked in 2018 and are expected to retain its growth in the near future.
Exports by Country
South Korea was the largest exporter of tankers in the world, with the volume of exports recording X tons, which was approx. X% of total exports in 2018. Japan (X tons) held a X% share (based on tons) of total exports, which put it in second place, followed by the Philippines (X%) and Germany (X%). The following exporters - Bahamas (X tons), Poland (X tons), Niue (X tons) and Singapore (X tons) - each accounted for a X% share of total exports.
From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Niue, while the other leaders experienced more modest paces of growth.
In value terms, South Korea ($X) remains the largest tanker supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Japan ($X), with a X% share of global exports. It was followed by Poland, with a X% share.
In South Korea, tanker exports expanded at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Japan (+X% per year) and Poland (-X% per year).
Export Prices by Country
The tanker export price in Cyprus stood at $X per ton in 2018, rising by X% against the previous year. Overall, the tanker export price continues to indicate a resilient expansion. The growth pace was the most rapid in 2015 an increase of X% against the previous year. In that year, the export prices for tankers reached their peak level of $X per ton. From 2016 to 2018, the growth in terms of the export prices for tankers failed to regain its momentum.
Prices varied noticeably by the country of origin; the country with the highest price was Poland ($X per ton), while Bahamas ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Poland, while the other leaders experienced more modest paces of growth.
Tanker Imports
Imports into Cyprus
In 2018, approx. X tons of tankers were imported into Cyprus; coming down by -X% against the previous year. Overall, tanker imports continue to indicate a deep descent. The most prominent rate of growth was recorded in 2017 when imports increased by X% y-o-y. Cyprus imports peaked at X tons in 2008; however, from 2009 to 2018, imports failed to regain their momentum.
In value terms, tanker imports totaled $X in 2018. Over the period under review, tanker imports continue to indicate a modest increase. The pace of growth was the most pronounced in 2008 when imports increased by X% y-o-y. In that year, tanker imports attained their peak of $X. From 2009 to 2018, the growth of tanker imports remained at a somewhat lower figure.
Imports by Country
The countries with the highest levels of tanker imports in 2018 were Marshall Islands (X tons), Panama (X tons), China, Hong Kong SAR (X tons), Bahamas (X tons), Malta (X tons), Greece (X tons), Liberia (X tons), the UK (X tons), Singapore (X tons), British Virgin Islands (X tons), Saudi Arabia (X tons) and Russia (X tons), together recording X% of total import.
From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by British Virgin Islands, while the other leaders experienced more modest paces of growth.
In value terms, the largest tanker importing markets into Cyprus were Marshall Islands ($X), Panama ($X) and Singapore ($X), together comprising X% of total imports. These countries were followed by China, Hong Kong SAR, Bahamas, Malta, Greece, Liberia, the UK, Russia, Cyprus, Saudi Arabia and British Virgin Islands, which together accounted for a further X the main importing countries, British Virgin Islands experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2018, the tanker import price in Cyprus amounted to $X per ton, jumping by X% against the previous year. Overall, the tanker import price continues to indicate remarkable growth. The most prominent rate of growth was recorded in 2013 an increase of X% year-to-year. Over the period under review, the import prices for tankers attained their maximum at $X per ton in 2016; however, from 2017 to 2018, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Singapore ($X per ton), while British Virgin Islands ($X per ton) was amongst the lowest.
From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Singapore, while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the tanker 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 30112210 - Crude oil tankers
- Prodcom 30112230 - Oil product tankers
- Prodcom 30112250 - Chemical tankers
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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