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Cyprus - Wooden Furniture of A Kind Used in Offices - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCyprus: Wooden Office Furniture Market 2020
Wooden Office Furniture Market Size in Cyprus
The revenue of the wooden office furniture market in Cyprus amounted to $X in 2018, picking up by X% against the previous year. Over the period under review, wooden office furniture consumption continues to indicate an abrupt deduction. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, the wooden office furniture market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.
Wooden Office Furniture Production in Cyprus
In value terms, wooden office furniture production amounted to $X in 2018 estimated in export prices. Overall, wooden office furniture production continues to indicate a noticeable slump. The most prominent rate of growth was recorded in 2013 when production volume increased by X% year-to-year. Over the period under review, wooden office furniture production attained its maximum level at $X in 2008; however, from 2009 to 2018, production failed to regain its momentum.
Wooden Office Furniture Exports
Exports from Cyprus
In 2018, approx. X units of wooden furniture of a kind used in offices were exported from Cyprus; declining by -X% against the previous year. Overall, wooden office furniture exports continue to indicate a pronounced decline. The pace of growth appeared the most rapid in 2013 when exports increased by X% against the previous year. In that year, wooden office furniture exports attained their peak of X units. From 2014 to 2018, the growth of wooden office furniture exports remained at a lower figure.
In value terms, wooden office furniture exports totaled $X in 2018. In general, wooden office furniture exports continue to indicate a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. In that year, wooden office furniture exports reached their peak of $X. From 2014 to 2018, the growth of wooden office furniture exports remained at a somewhat lower figure.
Exports by Country
In 2018, China (X units), distantly followed by Canada (X units), Poland (X units), Malaysia (X units), Germany (X units) and Lithuania (X units) represented the largest exporters of wooden furniture of a kind used in offices, together creating X% of total exports. Vietnam (X units), Italy (X units), the U.S. (X units), Sweden (X units), Turkey (X units) and the Czech Republic (X units) occupied a little share of total exports.
From 2007 to 2018, average annual rates of growth with regard to wooden office furniture exports from China stood at +X%. At the same time, Lithuania (+X%), Vietnam (+X%), Poland (+X%), the Czech Republic (+X%) and Canada (+X%) displayed positive paces of growth. Moreover, Lithuania emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Turkey experienced a relatively flat trend pattern. By contrast, Malaysia (-X%), the U.S. (-X%), Germany (-X%), Sweden (-X%) and Italy (-X%) illustrated a downward trend over the same period. While the share of Lithuania (+X p.p.), China (+X p.p.), Poland (+X p.p.), Vietnam (+X p.p.) and Canada (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of the U.S. (-X p.p.), Sweden (-X p.p.), Germany (-X p.p.) and Italy (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, China ($X) remains the largest wooden office furniture supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Canada ($X), with a X% share of global exports. It was followed by Germany, with a X% share.
In China, wooden office furniture exports increased at an average annual rate of +X% over the period from 2007-2018. In the other countries, the average annual rates were as follows: Canada (-X% per year) and Germany (-X% per year).
Export Prices by Country
The wooden office furniture export price in Cyprus stood at $X per unit in 2018, going up by X% against the previous year. Over the period under review, the wooden office furniture export price continues to indicate prominent growth. The most prominent rate of growth was recorded in 2018 when the export price increased by X% against the previous year. In that year, the export prices for wooden furniture of a kind used in offices reached their peak level and is likely to continue its growth in the immediate term.
There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per unit), while Malaysia ($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.
Wooden Office Furniture Imports
Imports into Cyprus
Wooden office furniture imports into Cyprus totaled X units in 2018, increasing by X% against the previous year. In general, wooden office furniture imports, however, continue to indicate a deep drop. The pace of growth was the most pronounced in 2015 when imports increased by X% y-o-y. Over the period under review, wooden office furniture imports reached their maximum at X units in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.
In value terms, wooden office furniture imports totaled $X in 2018. Over the period under review, wooden office furniture imports, however, continue to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2015 with an increase of X% y-o-y. Cyprus imports peaked at $X in 2008; however, from 2009 to 2018, imports remained at a lower figure.
Imports by Country
In 2018, the U.S. (X units) was the largest importer of wooden furniture of a kind used in offices, constituting X% of total imports. Saudi Arabia (X units) ranks second in terms of the total imports with a X% share, followed by Malaysia (X%) and the United Arab Emirates (X%). Germany (X units), France (X units), the UK (X units), South Korea (X units), Canada (X units), Australia (X units), the Netherlands (X units) and Russia (X units) followed a long way behind the leaders.
From 2007 to 2018, average annual rates of growth with regard to wooden office furniture imports into the U.S. stood at -X%. At the same time, Malaysia (+X%), Saudi Arabia (+X%), South Korea (+X%), the United Arab Emirates (+X%), Australia (+X%) and Germany (+X%) displayed positive paces of growth. Moreover, Malaysia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. By contrast, Canada (-X%), the Netherlands (-X%), France (-X%), the UK (-X%) and Russia (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of Saudi Arabia, Malaysia and the United Arab Emirates increased by +X%, +X% and +X% percentage points, while Canada (-X p.p.), the Netherlands (-X p.p.), Russia (-X p.p.), France (-X p.p.), the UK (-X p.p.) and the U.S. (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, the U.S. ($X) constitutes the largest market for imported wooden furniture of a kind used in offices into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by France ($X), with a X% share of global imports. It was followed by Germany, with a X% share.
In the U.S., wooden office furniture imports remained relatively stable over the period from 2007-2018. The remaining importing countries recorded the following average annual rates of imports growth: France (-X% per year) and Germany (+X% per year).
Import Prices by Country
The wooden office furniture import price in Cyprus stood at $X per unit in 2018, jumping by X% against the previous year. Over the period under review, the import price indicated a buoyant 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, wooden office furniture import price increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2012 when the import price increased by X% year-to-year. Cyprus import price peaked at $X per unit in 2015; however, from 2016 to 2018, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of destination; the country with the highest price was Canada ($X per unit), while Saudi Arabia ($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 wooden office furniture 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 31011200 - Wooden furniture of a kind used in offices
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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