Key Market Indicators
Demand for digital camcorders in Cyprus is expected to decline by 4.5% year-on-year CAGR by 2026, dropping from 31,580 items in 2021 to 24,060. Since 2013, demand in the country has decreased by 1.2% year-on-year. In 2021, Cyprus was ranked 25th, with Estonia surpassing them with 31,580 items. The United Kingdom, Germany and Poland were ranked second, third and fourth respectively. Meanwhile, supply of digital camcorders from Cyprus is projected to decline at an average rate of 1.8% year-on-year by 2026, falling from 844.56 items in 2021 to 755.67. Since 2013, supply has increased 107.4% year-on-year. In 2021, Cyprus was ranked 25th, with Estonia coming in first with 844.56 items. Germany, Spain and Sweden were ranked second, third and fourth respectively.
