| Product Code: ETC12128791 | Publication Date: Apr 2025 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 |
In 2024, Cyprus continued to see significant imports of almond extract, with top exporting countries being Netherlands, Greece, Italy, New Zealand, and Austria. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), remained high, indicating a dominance of these key players. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 15.42%, with a slight growth rate of 1.54% from 2023 to 2024. This data suggests a thriving market for almond extract imports in Cyprus, driven by consistent demand and strong supplier relationships.

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 Almond Extract Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Almond Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Almond Extract Market - Industry Life Cycle |
3.4 Cyprus Almond Extract Market - Porter's Five Forces |
3.5 Cyprus Almond Extract Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Almond Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.7 Cyprus Almond Extract Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Cyprus Almond Extract Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Almond Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Almond Extract Market Trends |
6 Cyprus Almond Extract Market, By Types |
6.1 Cyprus Almond Extract Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Almond Extract Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 Cyprus Almond Extract Market Revenues & Volume, By Pure Almond Extract, 2021 - 2031F |
6.1.4 Cyprus Almond Extract Market Revenues & Volume, By Imitation Almond Extract, 2021 - 2031F |
6.1.5 Cyprus Almond Extract Market Revenues & Volume, By Others, 2021 - 2031F |
6.2 Cyprus Almond Extract Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Almond Extract Market Revenues & Volume, By Bakery, 2021 - 2031F |
6.2.3 Cyprus Almond Extract Market Revenues & Volume, By Confectionery, 2021 - 2031F |
6.2.4 Cyprus Almond Extract Market Revenues & Volume, By Beverages, 2021 - 2031F |
6.3 Cyprus Almond Extract Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Almond Extract Market Revenues & Volume, By Food Manufacturers, 2021 - 2031F |
6.3.3 Cyprus Almond Extract Market Revenues & Volume, By Household, 2021 - 2031F |
6.3.4 Cyprus Almond Extract Market Revenues & Volume, By Others, 2021 - 2031F |
6.4 Cyprus Almond Extract Market, By Distribution Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Almond Extract Market Revenues & Volume, By Supermarkets/Hypermarkets, 2021 - 2031F |
6.4.3 Cyprus Almond Extract Market Revenues & Volume, By Online Retail, 2021 - 2031F |
6.4.4 Cyprus Almond Extract Market Revenues & Volume, By Others, 2021 - 2031F |
7 Cyprus Almond Extract Market Import-Export Trade Statistics |
7.1 Cyprus Almond Extract Market Export to Major Countries |
7.2 Cyprus Almond Extract Market Imports from Major Countries |
8 Cyprus Almond Extract Market Key Performance Indicators |
9 Cyprus Almond Extract Market - Opportunity Assessment |
9.1 Cyprus Almond Extract Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Almond Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.3 Cyprus Almond Extract Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Cyprus Almond Extract Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Almond Extract Market - Competitive Landscape |
10.1 Cyprus Almond Extract Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Almond Extract 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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