| Product Code: ETC4673112 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Cyprus saw a significant increase in ammunition import shipments in 2024, with top exporting countries being Italy, UK, Qatar, Areas, nes, and Greece. The Herfindahl-Hirschman Index (HHI) remained at a high concentration level, indicating the dominance of these key players in the market. The compound annual growth rate (CAGR) from 2020 to 2024 stood at an impressive 14.53%, with a notable growth rate of 49.17% from 2023 to 2024. This data suggests a thriving market for ammunition imports in Cyprus, driven by strong partnerships with these key exporting countries.

The Ammunition market in Cyprus is projected to grow at a growing growth rate of 5.25% 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 Ammunition Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Ammunition Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Ammunition Market - Industry Life Cycle |
3.4 Cyprus Ammunition Market - Porter's Five Forces |
3.5 Cyprus Ammunition Market Revenues & Volume Share, By Caliber, 2021 & 2031F |
3.6 Cyprus Ammunition Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.7 Cyprus Ammunition Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Ammunition Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Ammunition Market Trends |
6 Cyprus Ammunition Market Segmentations |
6.1 Cyprus Ammunition Market, By Caliber |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Ammunition Market Revenues & Volume, By Small Caliber, 2021-2031F |
6.1.3 Cyprus Ammunition Market Revenues & Volume, By Medium Caliber, 2021-2031F |
6.1.4 Cyprus Ammunition Market Revenues & Volume, By Large Caliber, 2021-2031F |
6.2 Cyprus Ammunition Market, By Product |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Ammunition Market Revenues & Volume, By Rimfire, 2021-2031F |
6.2.3 Cyprus Ammunition Market Revenues & Volume, By Centerfire, 2021-2031F |
6.3 Cyprus Ammunition Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Ammunition Market Revenues & Volume, By Civil & Commercial, 2021-2031F |
6.3.3 Cyprus Ammunition Market Revenues & Volume, By Defense, 2021-2031F |
7 Cyprus Ammunition Market Import-Export Trade Statistics |
7.1 Cyprus Ammunition Market Export to Major Countries |
7.2 Cyprus Ammunition Market Imports from Major Countries |
8 Cyprus Ammunition Market Key Performance Indicators |
9 Cyprus Ammunition Market - Opportunity Assessment |
9.1 Cyprus Ammunition Market Opportunity Assessment, By Caliber, 2021 & 2031F |
9.2 Cyprus Ammunition Market Opportunity Assessment, By Product, 2021 & 2031F |
9.3 Cyprus Ammunition Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Ammunition Market - Competitive Landscape |
10.1 Cyprus Ammunition Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Ammunition 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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