Cyprus: Curtains Market 2020

Curtains Market Size in Cyprus

The revenue of the curtains market in Cyprus amounted to $X in 2018, rising by X% against the previous year. In general, curtains consumption, however, continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. Cyprus curtains consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Curtains Production in Cyprus

In value terms, curtains production amounted to $X in 2018 estimated in export prices. Over the period under review, curtains production continues to indicate a drastic decline. The most prominent rate of growth was recorded in 2008 when production volume increased by X% y-o-y. In that year, curtains production reached its peak level of $X. From 2009 to 2018, curtains production growth remained at a somewhat lower figure.

Curtains Exports

Exports from Cyprus

In 2018, approx. X tons of curtains and interior blinds were exported from Cyprus; going down by -X% against the previous year. In general, curtains exports, however, continue to indicate a prominent increase. The pace of growth was the most pronounced in 2010 when exports increased by X% year-to-year. Over the period under review, curtains exports attained their maximum at X tons in 2017, and then declined slightly in the following year.

In value terms, curtains exports stood at $X in 2018. In general, curtains exports, however, continue to indicate a prominent increase. The growth pace was the most rapid in 2010 when exports increased by X% y-o-y. Over the period under review, curtains exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

China dominates curtains exports structure, reaching X tons, which was near X% of total exports in 2018. Mexico (X tons) occupied a X% share (based on tons) of total exports, which put it in second place, followed by Pakistan (X%). Poland (X tons), Germany (X tons), India (X tons), Turkey (X tons), Taiwan, Chinese (X tons) and the U.S. (X tons) held a minor share of total exports.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, Mexico (+X%), Poland (+X%), the U.S. (+X%) and Pakistan (+X%) displayed positive paces of growth. Moreover, Mexico emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. Germany experienced a relatively flat trend pattern. By contrast, Turkey (-X%), Taiwan, Chinese (-X%) and India (-X%) illustrated a downward trend over the same period. While the share of China (+X p.p.), Mexico (+X p.p.) and Poland (+X p.p.) increased significantly in terms of the global exports from 2007-2018, the share of India (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest curtains supplier from Cyprus, comprising X% of global exports. The second position in the ranking was occupied by Mexico ($X), with a X% share of global exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China amounted to +X%. In the other countries, the average annual rates were as follows: Mexico (+X% per year) and Germany (+X% per year).

Export Prices by Country

The curtains export price in Cyprus stood at $X per ton in 2018, waning by -X% against the previous year. Overall, the curtains export price continues to indicate a moderate descent. The pace of growth appeared the most rapid in 2014 when the export price increased by X% against the previous year. Over the period under review, the export prices for curtains and interior blinds attained their maximum at $X per ton in 2008; however, from 2009 to 2018, export prices stood 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 the U.S. ($X per ton), while China ($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.

Curtains Imports

Imports into Cyprus

In 2018, the curtains imports into Cyprus amounted to X tons, growing by X% against the previous year. In general, the total imports indicated a mild increase from 2007 to 2018: its volume increased 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, curtains imports increased by +X% against 2015 indices. The most prominent rate of growth was recorded in 2016 when imports increased by X% year-to-year. Cyprus imports peaked at X tons in 2009; however, from 2010 to 2018, imports failed to regain their momentum.

In value terms, curtains imports totaled $X in 2018. In general, curtains imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, curtains imports attained their maximum at $X in 2009; however, from 2010 to 2018, imports remained at a lower figure.

Imports by Country

The U.S. represented the key importing country with an import of about X tons, which reached X% of total imports. It was distantly followed by Germany (X tons), the UK (X tons), France (X tons) and Japan (X tons), together constituting a X% share of total imports. The following importers - Canada (X tons), Italy (X tons), Spain (X tons), Russia (X tons), Sweden (X tons), Belgium (X tons) and Australia (X tons) - together made up X% of total imports.

From 2007 to 2018, average annual rates of growth with regard to curtains imports into the U.S. stood at +X%. At the same time, Russia (+X%), Canada (+X%), Australia (+X%), Germany (+X%), Spain (+X%) and France (+X%) displayed positive paces of growth. Moreover, Russia emerged as the fastest-growing importer in the world, with a CAGR of +X% from 2007-2018. Japan, Sweden and Italy experienced a relatively flat trend pattern. By contrast, Belgium (-X%) and the UK (-X%) illustrated a downward trend over the same period. The U.S. (+X p.p.), Germany (+X p.p.) and Canada (+X p.p.) significantly strengthened its position in terms of the global imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported curtains and interior blinds into Cyprus, comprising X% of global imports. The second position in the ranking was occupied by Germany ($X), with a X% share of global imports. It was followed by the UK, with a X% share.

In the U.S., curtains imports 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: Germany (+X% per year) and the UK (-X% per year).

Import Prices by Country

In 2018, the curtains import price in Cyprus amounted to $X per ton, jumping by X% against the previous year. Over the period under review, the curtains import price, however, continues to indicate a mild decline. The growth pace was the most rapid in 2010 an increase of X% year-to-year. Over the period under review, the import prices for curtains and interior blinds reached their peak figure at $X per ton in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Australia ($X per ton), while the UK ($X per ton) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform