| Product Code: ETC5166542 | 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 |
In 2024, Cyprus continued to see a significant influx of bearings imports primarily from Greece, Belgium, Italy, Germany, and China. Despite the high concentration of the Herfindahl-Hirschman Index (HHI), indicating a competitive market, the industry experienced steady growth with a compound annual growth rate (CAGR) of 3.92% from 2020 to 2024. However, there was a slight setback in the growth rate from 2023 to 2024, with a decline of -11.96%. This data suggests that the bearings import market in Cyprus remains dynamic and responsive to global trade trends.

The Bearings market in Cyprus is projected to grow at a stable growth rate of 3.01% 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 Bearings Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Bearings Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Bearings Market - Industry Life Cycle |
3.4 Cyprus Bearings Market - Porter's Five Forces |
3.5 Cyprus Bearings Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Bearings Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Cyprus Bearings Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Bearings Market Trends |
6 Cyprus Bearings Market Segmentations |
6.1 Cyprus Bearings Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Bearings Market Revenues & Volume, By Ball Bearings, 2021-2031F |
6.1.3 Cyprus Bearings Market Revenues & Volume, By Roller Bearings, 2021-2031F |
6.2 Cyprus Bearings Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Bearings Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Cyprus Bearings Market Revenues & Volume, By Agriculture, 2021-2031F |
6.2.4 Cyprus Bearings Market Revenues & Volume, By Electrical, 2021-2031F |
6.2.5 Cyprus Bearings Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.6 Cyprus Bearings Market Revenues & Volume, By Railway & Aerospace, 2021-2031F |
6.2.7 Cyprus Bearings Market Revenues & Volume, By Automotive Aftermarket, 2021-2031F |
7 Cyprus Bearings Market Import-Export Trade Statistics |
7.1 Cyprus Bearings Market Export to Major Countries |
7.2 Cyprus Bearings Market Imports from Major Countries |
8 Cyprus Bearings Market Key Performance Indicators |
9 Cyprus Bearings Market - Opportunity Assessment |
9.1 Cyprus Bearings Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Bearings Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Cyprus Bearings Market - Competitive Landscape |
10.1 Cyprus Bearings Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Bearings Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |