| Product Code: ETC6889264 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

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.

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.
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 Basmati Rice Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Basmati Rice Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Basmati Rice Market - Industry Life Cycle |
3.4 Cyprus Basmati Rice Market - Porter's Five Forces |
3.5 Cyprus Basmati Rice Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Cyprus Basmati Rice Market Revenues & Volume Share, By Species, 2021 & 2031F |
3.7 Cyprus Basmati Rice Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Cyprus Basmati Rice Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 Cyprus Basmati Rice Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Basmati Rice Market Trends |
6 Cyprus Basmati Rice Market, By Types |
6.1 Cyprus Basmati Rice Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Basmati Rice Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 Cyprus Basmati Rice Market Revenues & Volume, By Raw, 2021- 2031F |
6.1.4 Cyprus Basmati Rice Market Revenues & Volume, By Steamed, 2021- 2031F |
6.1.5 Cyprus Basmati Rice Market Revenues & Volume, By Parboiled, 2021- 2031F |
6.2 Cyprus Basmati Rice Market, By Species |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Basmati Rice Market Revenues & Volume, By White, 2021- 2031F |
6.2.3 Cyprus Basmati Rice Market Revenues & Volume, By Brown, 2021- 2031F |
6.3 Cyprus Basmati Rice Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Basmati Rice Market Revenues & Volume, By Food and Cosmetic, 2021- 2031F |
6.3.3 Cyprus Basmati Rice Market Revenues & Volume, By Personal Care, 2021- 2031F |
6.4 Cyprus Basmati Rice Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 Cyprus Basmati Rice Market Revenues & Volume, By HORECA, 2021- 2031F |
6.4.3 Cyprus Basmati Rice Market Revenues & Volume, By Modern Trade, 2021- 2031F |
6.4.4 Cyprus Basmati Rice Market Revenues & Volume, By Convenience Store, 2021- 2031F |
6.4.5 Cyprus Basmati Rice Market Revenues & Volume, By Online Store, 2021- 2031F |
6.4.6 Cyprus Basmati Rice Market Revenues & Volume, By Traditional Grocery Stores, 2021- 2031F |
7 Cyprus Basmati Rice Market Import-Export Trade Statistics |
7.1 Cyprus Basmati Rice Market Export to Major Countries |
7.2 Cyprus Basmati Rice Market Imports from Major Countries |
8 Cyprus Basmati Rice Market Key Performance Indicators |
9 Cyprus Basmati Rice Market - Opportunity Assessment |
9.1 Cyprus Basmati Rice Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Cyprus Basmati Rice Market Opportunity Assessment, By Species, 2021 & 2031F |
9.3 Cyprus Basmati Rice Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Cyprus Basmati Rice Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 Cyprus Basmati Rice Market - Competitive Landscape |
10.1 Cyprus Basmati Rice Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Basmati Rice 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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