Man-made Filament Fabric Market Overview in Cyprus
The revenue of the man-made filament fabric market in Cyprus amounted to $7.5M in 2010, stabilizing at 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, man-made filament fabric consumption, however, continues to indicate a deep decrease. The growth pace was the most rapid in 2008 with an increase of 13% against the previous year. In that year, the man-made filament fabric market attained its peak level of $15M. From 2009 to 2010, the growth of the man-made filament fabric market failed to regain its momentum.