{"title":"Tools, locks, keys, hinges, fasteners, chain and springs market in Cyprus","url":"https://cresques.com/markets/cy/445-tools-locks-keys-hinges-fasteners-chain-and-spring","scope":"Cyprus","category":{"cpvGroup":"445","label":"Tools, locks, keys, hinges, fasteners, chain and springs"},"updated":"2026-11-13","period":{"from":"2023-11-01","to":"2026-11-13"},"answer":"In 2025, public buyers in Cyprus awarded 20 supply contracts for tools, locks, keys, hinges, fasteners, chain and springs through award notices on TED; the 1 of them that state a value (5%) add up to €55,558, a floor rather than the full contract value. Cyprus imported €68.5 million of goods in the customs headings matched to tools, locks, keys, hinges, fasteners, chain and springs in 2025 (Eurostat Comext, HS 7318, 8302, 8207, 8301, 8205 and 9 more headings; all buyers, not only public ones), up 19% from 2023.","facts":["Since November 2023, 48 companies have won 88 public supply contracts for tools, locks, keys, hinges, fasteners, chain and springs in Cyprus, in 5 award notices from 3 public buyers.","97.7% of these awards went to companies registered in Cyprus; the most frequent foreign origin is Greece.","The five companies that win most often hold 17% of all awards.","0% of the awards whose notice states the number of tenders received a single bid."],"publicProcurement":{"awards":88,"awardNotices":5,"winningCompanies":48,"publicBuyers":3,"awardsWithValue":21,"awardedValueEur":6555558,"localAwards":86,"foreignAwards":2,"top5Share":0.17045454545454544,"singleBidAwards":0,"awardsWithKnownBids":40,"byYear":[{"year":2024,"awards":48,"awardNotices":2,"awardsWithValue":0,"awardedValueEur":0},{"year":2025,"awards":20,"awardNotices":2,"awardsWithValue":1,"awardedValueEur":55558},{"year":2026,"awards":20,"awardNotices":1,"awardsWithValue":20,"awardedValueEur":6500000}]},"imports":{"source":"Eurostat Comext, imports from all partners (WORLD)","customsHeadings":[{"hs4":"7318","label":"Screws, bolts, nuts, coach screws, screw hooks, rivets, cotters, cotter pins, washers, incl. spring washers, and similar articles, of iron or steel (excl. lag screws, stoppers, plugs and the like, threaded)"},{"hs4":"8302","label":"Base metal mountings, fittings and similar articles suitable for furniture, doors, staircases, windows, blinds, coachwork, saddlery, trunks, chests, caskets or the like"},{"hs4":"8207","label":"Tools, interchangeable, for hand tools, whether or not power-operated, or for machine tools \"e.g. for pressing, stamping, punching, tapping, threading, drilling, boring, broaching, milling, turning or screw driving\", incl. dies for drawing or extruding metal, and rock-drilling or earth-boring tools"},{"hs4":"8301","label":"Padlocks and locks \"key, combination or electrically operated\", of base metal"},{"hs4":"8205","label":"Hand tools, incl. glaziers' diamonds, of base metal, n.e.s."},{"hs4":"7320","label":"Springs and leaves for springs, of iron or steel (excl. clock and watch springs, springs for sticks and handles of umbrellas or parasols, shock absorbers and torque rod or torsion bar springs of Section 17)"},{"hs4":"7315","label":"Chain and parts thereof, or iron or steel (excl. watch chains, necklace chains and the like, cutting and saw chain, skid chain, scraper chain for conveyors, toothed chain for textile machinery and the like, safety devices with chains for securing doors, measuring chains)"},{"hs4":"8202","label":"Handsaws, with working parts of base metal (excl. power-operated saws)"},{"hs4":"8204","label":"Hand-operated spanners and wrenches, incl. torque meter wrenches (excl. tap wrenches), of base metal"},{"hs4":"8203","label":"Files, rasps, pliers, incl. cutting pliers, pincers and tweezers for non-medical use, metal-cutting shears, pipe-cutters, bolt croppers, perforating punches and similar hand tools, of base metal"},{"hs4":"8201","label":"Hand tools, the following: spades, shovels, mattocks, picks, hoes, forks and rakes, of base metal"},{"hs4":"8206","label":"Sets of two or more tools of heading 8202 to 8205, put up in sets for retail sale"},{"hs4":"7317","label":"Nails, tacks, drawing pins, corrugated nails, staples and similar articles of iron or steel, whether or not with heads of other material (excl. such articles with heads of copper and staples in strips)"},{"hs4":"7415","label":"Nails, tacks, drawing pins, staples and similar articles, of copper or with shafts of iron or steel and heads of copper, screws, bolts, nuts, screw hooks, rivets, cotters, cotter pins, washers \"incl. spring washers\" and similar articles, of copper (excl. staples in strips, and lag screws, plugs, bungs and the like, threaded)"}],"byYear":[{"year":2023,"valueEur":57576191},{"year":2024,"valueEur":60884981},{"year":2025,"valueEur":68527431}]},"officialContext":{"sentences":["All public purchasing in Cyprus — general government spending on goods, services and investment, the measure the OECD and the European Commission use for public procurement — came to €3.96 billion in 2025, 10.3% of GDP (Eurostat). Award notices on TED cover only the contracts above the EU thresholds, so they show who wins, not the whole of that spending."],"allPublicPurchasing":{"year":2025,"valueEur":3958000000,"percentOfGdp":10.3,"percentOfGovernmentExpenditure":27.2,"definition":"General government intermediate consumption + gross fixed capital formation + social transfers in kind purchased from market producers (Eurostat ESA 2010 items P.2 + P.51G + D.632)."},"source":"Eurostat, government finance statistics (gov_10a_main, gov_10a_exp) and GDP (nama_10_gdp), https://ec.europa.eu/eurostat/web/government-finance-statistics/database, retrieved 2026-11-09"},"industryReports":[],"method":"One award per procedure, lot and winning company from live TED contract award notices published since November 2023; a joint procurement counts on every buyer's market; values are awarded amounts only (framework ceilings and estimates never added), converted to euro at the ECB yearly average. Imports: only customs headings (HS 4 digits) whose trade is predominantly the CPV group, listed under imports.customsHeadings, all buyers, not only public ones; a category that no heading isolates has no import figure (imports: null). https://cresques.com/methodology","sources":["TED — Tenders Electronic Daily, © European Union, https://ted.europa.eu","Eurostat, international trade in goods (Comext), © European Union"],"licence":"CC BY 4.0, https://creativecommons.org/licenses/by/4.0/","citation":"Cresques, \"Tools, locks, keys, hinges, fasteners, chain and springs market in Cyprus\", https://cresques.com/markets/cy/445-tools-locks-keys-hinges-fasteners-chain-and-spring, from TED contract award notices (© European Union) and Eurostat Comext, updated 13 November 2026. Licence: CC BY 4.0."}