Key Market Indicators
In 2021, the country ranked in at number 123, far behind the top exporter, the United States at $17,400,000. Cypriot fabric imports are set to drop 13.4% year on year to around $628,000 by 2026. Back in 1994, demand was 6.3% lower than it is now. In 2021, it ranked 99th in the world, with Iceland at the top with imports of $1.4 million. China, Indonesia, and the US followed in second, third, and fourth place. In 2018, Cypriot fabric exports were down 1.5% from the year before at $89,000. Over the past 27 years, supply has increased by an average of 21.3% year on year. In 2021, the country ranked 123rd, far behind the leading exporter, the US, which shipped out $17.4 million.