Cyprus Basmati Rice Market Size (2020-2030)
Cyprus Basmati Rice Market has shown a steady growth trajectory over the years. The peak market size of €26.84 million is forecasted for 2030, with an impressive CAGR of 14.39% from 2025 to 2030. The market experienced fluctuations in the past, with a notable decline in 2021 due to a 7.40% decrease in market size. However, strong recovery followed, driven by increasing consumer demand and favorable market conditions. The CAGR from 2022 to 2024 stood at 12.39%, reflecting a period of moderate growth. Looking ahead, the market is poised for further expansion, supported by ongoing initiatives to enhance rice production efficiency and quality standards in Cyprus. The upcoming projects in the pipeline aim to boost the market's competitiveness and sustainability in the global market landscape.
Cyprus Basmati Rice Market: Production & Trade Performance (2019-2025)
In the Cyprus Basmati Rice Market, exports experienced fluctuating trends from 2019 to 2025. Starting at €84.5 thousand in 2019, exports peaked in 2022 at €168.84 thousand before declining to €77.67 thousand in 2023, and then recovering to €106.02 thousand in 2025. On the other hand, imports showed a more stable pattern, starting at €8.18 million in 2019, with a slight decrease in 2021 to €7.0 million, before gradually increasing to €10.07 million in 2023 and 2024, and further to €10.67 million in 2025. The fluctuations in exports could be attributed to global demand shifts, trade agreements, and price fluctuations affecting export competitiveness. The stable growth in imports might be driven by consistent demand for Basmati rice in Cyprus, economic stability, and government policies supporting imports of essential food items.
Key Highlights of the Report:
- Cyprus Basmati Rice Market Outlook
- Market Size of Cyprus Basmati Rice Market, 2024
- Forecast of Cyprus Basmati Rice Market, 2031
- Historical Data and Forecast of Cyprus Basmati Rice Revenues & Volume for the Period 2021- 2031
- Cyprus Basmati Rice Market Trend Evolution
- Cyprus Basmati Rice Market Drivers and Challenges
- Cyprus Basmati Rice Price Trends
- Cyprus Basmati Rice Porter's Five Forces
- Cyprus Basmati Rice Industry Life Cycle
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Type for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Raw for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Steamed for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Parboiled for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Species for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By White for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Brown for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Application for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Food and Cosmetic for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Personal Care for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Sales Channel for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By HORECA for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Modern Trade for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Convenience Store for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Online Store for the Period 2021- 2031
- Historical Data and Forecast of Cyprus Basmati Rice Market Revenues & Volume By Traditional Grocery Stores for the Period 2021- 2031
- Cyprus Basmati Rice Import Export Trade Statistics
- Market Opportunity Assessment By Type
- Market Opportunity Assessment By Species
- Market Opportunity Assessment By Application
- Market Opportunity Assessment By Sales Channel
- Cyprus Basmati Rice Top Companies Market Share
- Cyprus Basmati Rice Competitive Benchmarking By Technical and Operational Parameters
- Cyprus Basmati Rice Company Profiles
- Cyprus Basmati Rice Key Strategic Recommendations
