Key Market Indicators
In 2018, Cyprus witnessed a significant drop in the import of clothing accessories, with the total value plunging to approximately $4,200. This marked a steep decline of nearly 79% compared to the previous year, when imports stood at around $20,000. The downward trend is not a recent phenomenon. Since 1994, the demand for clothing accessories in Cyprus has seen a consistent year-on-year decrease, averaging a reduction of about 39% annually.
