Industry Statistics and Rankings
How does this industry perform in Cyprus compared to Europe?
Country Benchmarking
Industry Data Cyprus
Ranking are out of 37 European countries for which IBISWorld provides country-level factsheets.
Revenue
#32 In EuropeBusiness
#29 In EuropeEmployees
#30 In EuropeWages
#31 In EuropeEurope's Precious and Non-Ferrous Metal Manufacturing industry has had a volatile run recently, heavily impacted by fluctuating metal prices and the far-reaching effects of COVID-19. A significant presence scattered across the continent, including Germany, France, Italy, and Eastern Europe, ensures a highly competitive market. However, it's also laden with challenges due to growing imports from cost-effective Asian countries, primarily China. The high volatility in metal prices, coupled with a drop in demand from various sectors during COVID-19 and recent inflationary pressures, have weighed on industry revenue. Revenue is projected to contract at a compound annual rate of 6.5% to €210 billion over the five years through 2024.
Enterprises
Number of businesses in 2024
Biggest companies in the Precious & Non-Ferrous Metal Manufacturing in Cyprus
| Company | Market Share (%)
2024 | Revenue (€m)
2024 | Profit (€m)
2024 | Profit Margin (%)
2024 |
|---|
There are no companies that hold a large enough market share in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry for IBISWorld to include in this product.
Top Questions Answered in this Report
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What is the market size of the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus in 2024?
The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus is €56.9m in 2024.
How many businesses are there in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry in 2024?
There are 7 businesses in the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus, which has grown at a CAGR of 7.0 % between 2019 and 2024.
Has the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus grown or declined over the past 5 years?
The market size of the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus has been declining at a CAGR of 3.3 % between 2019 and 2024.
What is the forecast growth of the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus over the next 5 years?
Over the next five years, the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus is expected to grow.
What does the Precious & Non-Ferrous Metal Manufacturing in Cyprus include?
Aluminium and Precious metals are part of the Precious & Non-Ferrous Metal Manufacturing industry.
How competitive is the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus?
The level of competition is moderate and increasing in the Precious & Non-Ferrous Metal Manufacturing industry in Cyprus.
Related Industries
This industry is covered in 37 countries
Domestic industries
Competitors
- Iron & Steel Manufacturing in Cyprus
- Primary Form Plastic & Synthetic Rubber Manufacturing in Cyprus
Complementors
- Non-Ferrous Metal Ore Mining in Cyprus
- Metal Ores Mining in Cyprus
- Jewellery & Imitation Jewellery Manufacturing in Cyprus
- Computer, Electronic & Optical Product Manufacturing in Cyprus
Table of Contents
About this industry
Industry definition
This industry includes the production of metals like aluminium, gold, silver, platinum and copper. The manufacturing of lead, zinc and tin and other non-ferrous metals are included. Nuclear fuel processing is also part of the industry. Production can be carried out either by mining or by recycling scrap.
Related Terms
ALLOYREFININGELECTROLYSISNON-FERROUS METALSWhat's included in this industry?
AluminiumPrecious metalsCopperLead, zinc and tinProcessing of nuclear fuelOther non-ferrous metalCompanies
Industry Code
242 - Manufacture of basic precious and other non-ferrous metals in Cyprus
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Performance
Revenue Highlights
Trends
- Revenue
- Current Year Revenue Growth
- Revenue Volatility
Employment Highlights
Trends
- Employees
- Employees per Business
- Revenue per Employee
Business Highlights
Trends
- Businesses
- Employees per Business
- Revenue per Business
Profit Highlights
Trends
- Total Profit
- Profit Margin
- Profit per Business
Current Performance
Charts
- Revenue
- Employees
- Business
- Profit
Analysis
What's driving current industry performance in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
Outlook
Analysis
What's driving the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry outlook?
Volatility
Analysis
What influences volatility in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
Charts
- Industry Volatility vs. Revenue Growth Matrix
Life Cycle
Analysis
What determines the industry life cycle stage in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
Charts
- Industry Life Cycle Matrix
Products and Markets
Highlights
Trends
- Largest Market
- Product Innovation
Key Takeaways
European companies are revolutionising metal alloys using advanced tech. This innovation allows for durable, lightweight materials that fuel greener futures in industries like automotive and aerospace.
Products and Services
Charts
- Products and Services Segmentation
Analysis
How are the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry's products and services performing?
Analysis
What are innovations in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry's products and services?
Major Markets
Charts
- Major Market Segmentation
Analysis
What influences demand in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
International Trade
Highlights
- Total Imports into Cyprus
- Total Exports into Cyprus
Heat maps
- Industry Concentration of Imports by Country
- Industry Concentration of Exports by Country
Data Tables
Value and annual change (%) included
- Number of Imports and Exports by European Country (2024)
Competitive Forces
Highlights
Trends
- Concentration
- Competition
- Barriers to Entry
- Substitutes
- Buyer Power
- Supplier Power
Key Takeaways
Market share concentration is driven largely by operational efficiency. Successful manufacturers gain a competitive edge by optimising their refining processes, production methods and waste management, which lowers costs and enhances productivity.
Supply Chain
Charts
Buyer and supply industries
Geographic Breakdown
Business Locations
Heat maps
- Share of Total Industry Establishments by Region (2024)
Data Tables
- Number of Establishments by Region (2024)
Charts
- Share of Establishments vs. Population of Each Region
Analysis
What regions are businesses in the Precious & Non-Ferrous Metal Manufacturing in Cyprus located?
Companies
Data Tables
Top 0 companies by market share:
- Market share (2024)
- Revenue (2024)
- Profit (2024)
- Profit margin (2024)
External Environment
Highlights
Trends
- Regulation & Policy
- Assistance
Key Takeaways
Manufacturers are provided with some assistance. The European government offers some subsidies and grants, including the European Raw Materials Fund, while trade associations like Eurometaux advocate for favourable regulations.
External Drivers
Analysis
What demographic and macroeconomic factors impact the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
Financial Benchmarks
Highlights
Trends
- Profit Margin
- Average Wage
- Largest Cost
Key Takeaways
Metal prices have been rising but so have production costs. Technological advancements boost profitability, yet high raw material prices and the energy crisis weigh on manufacturers' profit.
Cost Structure
Charts
- Share of Economy vs. Investment Matrix
-
Industry Cost Structure Benchmarks:
- Marketing
- Depreciation
- Profit
- Purchases
- Wages
- Rent
- Utilities
- Other
Analysis
What trends impact cost in the Precious & Non-Ferrous Metal Manufacturing in Cyprus industry?
Key Ratios
Data tables
- IVA/Revenue (2014-2029)
- Imports/Demand (2014-2029)
- Exports/Revenue (2014-2029)
- Revenue per Employee (2014-2029)
- Wages/Revenue (2014-2029)
- Employees per Establishment (2014-2029)
- Average Wage (2014-2029)
Country Benchmarks
European Leaders & Laggards
Data Tables
Top and boottom five countries listed for each:
- Revenue Growth (2024)
- Business Growth (2024)
- Job Growth (2024)
European Country Performance
Data Tables
Rankings available for 37 countries. Statistics ranked include:
- IVA/Revenue (2024)
- Imports/Demand (2024)
- Exports/Revenue (2024)
- Revenue per Employee (2024)
- Wages/Revenue (2024)
- Employees per Establishment (2024)
- Average Wage (2024)
Structural Comparison
Data Tables
Trends in 37 countries benchmarked against trends in Europe
- Concentration
- Competition
- Barriers to Entry
- Buyer Power
- Supplier Power
- Volatility
- Capital Intensity
- Innovation
- Life Cycle
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2014-2029)
- IVA (2014-2029)
- Establishments (2014-2029)
- Enterprises (2014-2029)
- Employment (2014-2029)
- Exports (2014-2029)
- Imports (2014-2029)
- Wages (2014-2029)
Methodology
Where does IBISWorld source its data?
IBISWorld is a world-leading provider of business information, with reports on 5,000+ industries in Australia, New Zealand, North America, Europe and China. Our expert industry analysts start with official, verified and publicly available sources of data to build an accurate picture of each industry.
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and IBISWorld's proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
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