| Product Code: ETC5520968 | 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 |
In 2024, Cyprus continued to see significant import shipments of metal cutting machines, with top exporters being China, Italy, Germany, Greece, and Belgium. The Herfindahl-Hirschman Index (HHI) indicated a high concentration in the market. Despite a strong compound annual growth rate (CAGR) of 15.71% from 2020 to 2024, there was a notable decline in the growth rate from 2023 to 2024 at -42.81%. This data suggests a dynamic landscape for metal cutting machine imports in Cyprus, with potential shifts in market dynamics and competition among key exporting countries.

The Metal Cutting Machine market in Cyprus is projected to grow at a stable growth rate of 1.92% by 2027, highlighting the country's increasing focus on advanced technologies within the Europe region, where Germany holds the dominant position, followed closely by United Kingdom, France, Italy and Russia, shaping overall regional demand.

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 Metal Cutting Machine Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Metal Cutting Machine Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Metal Cutting Machine Market - Industry Life Cycle |
3.4 Cyprus Metal Cutting Machine Market - Porter's Five Forces |
3.5 Cyprus Metal Cutting Machine Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Metal Cutting Machine Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Metal Cutting Machine Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Metal Cutting Machine Market Trends |
6 Cyprus Metal Cutting Machine Market Segmentations |
6.1 Cyprus Metal Cutting Machine Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Metal Cutting Machine Market Revenues & Volume, By Laser Cutting Machine, 2021-2031F |
6.1.3 Cyprus Metal Cutting Machine Market Revenues & Volume, By Waterjet Cutting Machine, 2021-2031F |
6.1.4 Cyprus Metal Cutting Machine Market Revenues & Volume, By Plasma Cutting Machine, 2021-2031F |
6.1.5 Cyprus Metal Cutting Machine Market Revenues & Volume, By Flame Cutting Machine, 2021-2031F |
6.2 Cyprus Metal Cutting Machine Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Metal Cutting Machine Market Revenues & Volume, By Automobile, 2021-2031F |
6.2.3 Cyprus Metal Cutting Machine Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.4 Cyprus Metal Cutting Machine Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Cyprus Metal Cutting Machine Market Revenues & Volume, By Marine, 2021-2031F |
6.2.6 Cyprus Metal Cutting Machine Market Revenues & Volume, By Electronics & Electrical, 2021-2031F |
6.2.7 Cyprus Metal Cutting Machine Market Revenues & Volume, By Others, 2021-2031F |
7 Cyprus Metal Cutting Machine Market Import-Export Trade Statistics |
7.1 Cyprus Metal Cutting Machine Market Export to Major Countries |
7.2 Cyprus Metal Cutting Machine Market Imports from Major Countries |
8 Cyprus Metal Cutting Machine Market Key Performance Indicators |
9 Cyprus Metal Cutting Machine Market - Opportunity Assessment |
9.1 Cyprus Metal Cutting Machine Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Metal Cutting Machine Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Metal Cutting Machine Market - Competitive Landscape |
10.1 Cyprus Metal Cutting Machine Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Metal Cutting Machine Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |