Magnetic Media Market Overview in Cyprus
The revenue of the magnetic media market in Cyprus shrank to $ in 2019, with a decrease of -% 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, continues to indicate a dramatic shrinkage. The pace of growth was the most pronounced in 2015 with an increase of % y-o-y. Over the period under review, the market reached the peak level at $ in 2007; however, from 2008 to 2019, consumption stood at a somewhat lower figure.