| Product Code: ETC5871556 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of forklifts to Cyprus in 2024 saw a shift in concentration levels from high to moderate, indicating a more balanced market landscape. The top exporting countries to Cyprus, including the UK, Italy, China, Metropolitan France, and Israel, continue to play a significant role in supplying forklifts to meet the country's demand. Despite a slight decline in growth rate from 2023 to 2024, the impressive compound annual growth rate (CAGR) of 25.36% over the period of 2020-2024 highlights the overall positive momentum in the Cyprus forklift import market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Cyprus Forklift Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Forklift Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Forklift Market - Industry Life Cycle |
3.4 Cyprus Forklift Market - Porter's Five Forces |
3.5 Cyprus Forklift Market Revenues & Volume Share, By Class, 2021 & 2031F |
3.6 Cyprus Forklift Market Revenues & Volume Share, By Propulsion, 2021 & 2031F |
3.7 Cyprus Forklift Market Revenues & Volume Share, By Battery Type, 2021 & 2031F |
4 Cyprus Forklift Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Forklift Market Trends |
6 Cyprus Forklift Market Segmentations |
6.1 Cyprus Forklift Market, By Class |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Forklift Market Revenues & Volume, By Class 1, 2021-2031F |
6.1.3 Cyprus Forklift Market Revenues & Volume, By 2, 2021-2031F |
6.1.4 Cyprus Forklift Market Revenues & Volume, By 3, 2021-2031F |
6.1.5 Cyprus Forklift Market Revenues & Volume, By 4/5, 2021-2031F |
6.2 Cyprus Forklift Market, By Propulsion |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Forklift Market Revenues & Volume, By Electric, 2021-2031F |
6.2.3 Cyprus Forklift Market Revenues & Volume, By ICE, 2021-2031F |
6.3 Cyprus Forklift Market, By Battery Type |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Forklift Market Revenues & Volume, By Li-Ion, 2021-2031F |
6.3.3 Cyprus Forklift Market Revenues & Volume, By Lead Acid, 2021-2031F |
7 Cyprus Forklift Market Import-Export Trade Statistics |
7.1 Cyprus Forklift Market Export to Major Countries |
7.2 Cyprus Forklift Market Imports from Major Countries |
8 Cyprus Forklift Market Key Performance Indicators |
9 Cyprus Forklift Market - Opportunity Assessment |
9.1 Cyprus Forklift Market Opportunity Assessment, By Class, 2021 & 2031F |
9.2 Cyprus Forklift Market Opportunity Assessment, By Propulsion, 2021 & 2031F |
9.3 Cyprus Forklift Market Opportunity Assessment, By Battery Type, 2021 & 2031F |
10 Cyprus Forklift Market - Competitive Landscape |
10.1 Cyprus Forklift Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Forklift Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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