Cyprus: Market for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles 2019

Market Size for Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles in Cyprus

The revenue of the market for electrical lighting or visual signaling equipment for motor vehicles and cycles in Cyprus amounted to $X in 2018, increasing 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, consumption of electrical lighting or visual signaling equipment for motor vehicles and cycles continues to indicate notable growth. The most prominent rate of growth was recorded in 2015 when the market value increased by X% against the previous year. Over the period under review, the market for lighting equipment for motor vehicles reached its maximum level at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Exports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Exports from Cyprus

Exports of electrical lighting or visual signaling equipment for motor vehicles and cycles from Cyprus totaled X units in 2018, standing approx. at the previous year. In general, exports of electrical lighting or visual signaling equipment for motor vehicles and cycles continue to indicate a deep decline. The most prominent rate of growth was recorded in 2010 when exports increased by X% y-o-y. Cyprus exports peaked at X units in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, exports of electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X in 2018. Over the period under review, exports of electrical lighting or visual signaling equipment for motor vehicles and cycles continue to indicate a strong increase. The growth pace was the most rapid in 2008 when exports increased by X% y-o-y. Cyprus exports peaked at $X in 2010; however, from 2011 to 2018, exports failed to regain their momentum.

Exports by Country

Germany (X units), China (X units), the Czech Republic (X units), Taiwan, Chinese (X units), Japan (X units), France (X units), Austria (X units), Spain (X units), South Korea (X units), Slovakia (X units), Mexico (X units) and Poland (X units) represented roughly X% of total exports of electrical lighting or visual signaling equipment for motor vehicles and cycles in 2018.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, the largest lighting equipment for motor vehicles markets from Cyprus were Germany ($X), China ($X) and the Czech Republic ($X), together accounting for X% of total exports. Mexico, Taiwan, Chinese, Slovakia, Japan, South Korea, France, Spain, Austria, Poland and Cyprus lagged somewhat behind, together accounting for a further X terms of the main exporting countries, South Korea recorded the highest growth rate of exports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the export price for electrical lighting or visual signaling equipment for motor vehicles and cycles in Cyprus amounted to $X per unit, growing by X% against the previous year. Over the period under review, the export price for electrical lighting or visual signaling equipment for motor vehicles and cycles continues to indicate extraordinary growth. The most prominent rate of growth was recorded in 2008 when the export price increased by X% against the previous year. Cyprus export price peaked in 2018 and is expected to retain its growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Mexico ($X per unit), while France ($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.

Imports of Electrical Lighting Or Visual Signaling Equipment For Motor Vehicles And Cycles

Imports into Cyprus

In 2018, the amount of electrical lighting or visual signaling equipment for motor vehicles and cycles imported into Cyprus amounted to X units, picking up by X% against the previous year. Over the period under review, imports of electrical lighting or visual signaling equipment for motor vehicles and cycles continue to indicate resilient growth. The pace of growth was the most pronounced in 2014 when imports increased by X% year-to-year. Over the period under review, imports of electrical lighting or visual signaling equipment for motor vehicles and cycles reached their peak figure in 2018 and are expected to retain its growth in the near future.

In value terms, imports of electrical lighting or visual signaling equipment for motor vehicles and cycles amounted to $X in 2018. Over the period under review, imports of electrical lighting or visual signaling equipment for motor vehicles and cycles continue to indicate a slight deduction. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, imports of electrical lighting or visual signaling equipment for motor vehicles and cycles reached their maximum at $X in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units) and the U.S. (X units) were the largest importers of electrical lighting or visual signaling equipment for motor vehicles and cycles in 2018, finishing at near X% and X% of total imports, respectively. The UK (X units) took a X% share (based on tons) of total imports, which put it in second place, followed by France (X%). Spain (X units), Japan (X units), Sweden (X units), China (X units), Belgium (X units), the Netherlands (X units), the Czech Republic (X units) and Slovakia (X units) 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 Slovakia, while the other leaders experienced more modest paces of growth.

In value terms, the largest lighting equipment for motor vehicles importing markets into Cyprus were the U.S. ($X), Germany ($X) and China ($X), with a combined X% share of total imports.

China recorded the highest rates of growth with regard to imports, among the main importing countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price for electrical lighting or visual signaling equipment for motor vehicles and cycles in Cyprus stood at $X per unit in 2018, rising by X% against the previous year. In general, the import price for electrical lighting or visual signaling equipment for motor vehicles and cycles, however, continues to indicate an abrupt descent. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. In that year, the import prices for electrical lighting or visual signaling equipment for motor vehicles and cycles reached their peak level of $X per unit. From 2014 to 2018, the growth in terms of the import prices for electrical lighting or visual signaling equipment for motor vehicles and cycles remained at a somewhat lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per unit), while the Netherlands ($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 a decline in the import price figures.

Source: IndexBox Platform