Overview of the Market for Non-Refractory Ceramic Building Bricks in Cyprus
In value terms, non-refractory ceramic building bricks production declined rapidly to $ in 2019 estimated in export prices. In general, production, however, recorded a deep slump. The growth pace was the most rapid in 2008 with an increase of % against the previous year. As a result, production reached the peak level of $. From 2009 to 2019, production growth remained at a lower figure.
The revenue of the non-refractory ceramic building bricks market in Cyprus reduced slightly to $ in 2019, waning by -% 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, however, showed a abrupt curtailment. The pace of growth appeared the most rapid in 2008 with an increase of % y-o-y. As a result, consumption reached the peak level of $. From 2009 to 2019, the growth of the market remained at a lower figure.