| Product Code: ETC6889714 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Summon Dutta | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
In 2024, Cyprus saw significant import shipments of Boswellia from top exporting countries including Greece, Syria, Spain, Germany, and Metropolitan France. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained very high. Despite a strong compound annual growth rate (CAGR) of 11.87% from 2020 to 2024, there was a slight decline in the growth rate from 2023 to 2024 at -4.66%. This data suggests a stable market with consistent demand for Boswellia imports in Cyprus, with room for potential growth and diversification in the future.

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 Boswellia Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Boswellia Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Boswellia Market - Industry Life Cycle |
3.4 Cyprus Boswellia Market - Porter's Five Forces |
3.5 Cyprus Boswellia Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Cyprus Boswellia Market Revenues & Volume Share, By Source, 2021 & 2031F |
4 Cyprus Boswellia Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Boswellia Market Trends |
6 Cyprus Boswellia Market, By Types |
6.1 Cyprus Boswellia Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Boswellia Market Revenues & Volume, By Product Type, 2021- 2031F |
6.1.3 Cyprus Boswellia Market Revenues & Volume, By Resin, 2021- 2031F |
6.1.4 Cyprus Boswellia Market Revenues & Volume, By Essential Oil, 2021- 2031F |
6.2 Cyprus Boswellia Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Boswellia Market Revenues & Volume, By Boswellia Papyrifera, 2021- 2031F |
6.2.3 Cyprus Boswellia Market Revenues & Volume, By Boswellia Sacra, 2021- 2031F |
6.2.4 Cyprus Boswellia Market Revenues & Volume, By Boswellia Serrata, 2021- 2031F |
6.2.5 Cyprus Boswellia Market Revenues & Volume, By Boswellia Cartetii, 2021- 2031F |
6.2.6 Cyprus Boswellia Market Revenues & Volume, By Others, 2021- 2031F |
7 Cyprus Boswellia Market Import-Export Trade Statistics |
7.1 Cyprus Boswellia Market Export to Major Countries |
7.2 Cyprus Boswellia Market Imports from Major Countries |
8 Cyprus Boswellia Market Key Performance Indicators |
9 Cyprus Boswellia Market - Opportunity Assessment |
9.1 Cyprus Boswellia Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Cyprus Boswellia Market Opportunity Assessment, By Source, 2021 & 2031F |
10 Cyprus Boswellia Market - Competitive Landscape |
10.1 Cyprus Boswellia Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Boswellia 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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