| Product Code: ETC5170931 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Cyprus continued to see a significant influx of canned seafood imports, with top exporting countries including Greece, Netherlands, Morocco, Philippines, and Bulgaria. The market concentration, as indicated by the Herfindahl-Hirschman Index (HHI), remained notably high. The industry demonstrated strong growth, with a compound annual growth rate (CAGR) of 8.52% from 2020 to 2024. Furthermore, the growth rate in 2024 alone surged by an impressive 27.04%, indicating a burgeoning demand for canned seafood in the Cyprus market. This data suggests a promising outlook for the canned seafood import sector in Cyprus.

In the Europe region, the Canned Seafood market in Cyprus is projected to expand at a stable growth rate of 4.76% by 2027. The largest economy is Germany, followed by United Kingdom, France, Italy and Russia.

The canned seafood market in Cyprus is thriving, with tuna, sardines, and mackerel being the most popular products. The demand is primarily driven by the convenience and long shelf life of canned seafood, as well as the growing popularity of seafood in local diets due to its health benefits.
The canned seafood market in Cyprus is influenced by the growing demand for affordable and convenient protein sources. As consumers become more health-conscious, the popularity of nutrient-rich seafood such as tuna, sardines, and salmon is rising. The demand for sustainable and ethically sourced seafood is also driving market growth.
The canned seafood market in Cyprus is constrained by competition from fresh and frozen seafood, which are more popular among local consumers. Additionally, the high cost of importing canned seafood products affects market growth.
The government of Cyprus regulates the canned seafood market through policies aimed at ensuring food safety and sustainable fishing practices. The market is influenced by EU directives on fisheries and food safety, with the government ensuring that all seafood products, including canned options, meet high safety and environmental standards.
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 Canned Seafood Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Canned Seafood Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Canned Seafood Market - Industry Life Cycle |
3.4 Cyprus Canned Seafood Market - Porter's Five Forces |
3.5 Cyprus Canned Seafood Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Cyprus Canned Seafood Market Revenues & Volume Share, By Distribution Channel, 2021 & 2031F |
4 Cyprus Canned Seafood Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Canned Seafood Market Trends |
6 Cyprus Canned Seafood Market Segmentations |
6.1 Cyprus Canned Seafood Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Canned Seafood Market Revenues & Volume, By Tuna, 2021-2031F |
6.1.3 Cyprus Canned Seafood Market Revenues & Volume, By Salmon, 2021-2031F |
6.1.4 Cyprus Canned Seafood Market Revenues & Volume, By Sardines, 2021-2031F |
6.1.5 Cyprus Canned Seafood Market Revenues & Volume, By Prawns, 2021-2031F |
6.1.6 Cyprus Canned Seafood Market Revenues & Volume, By Shrimps, 2021-2031F |
6.1.7 Cyprus Canned Seafood Market Revenues & Volume, By Other Seafood, 2021-2031F |
6.2 Cyprus Canned Seafood Market, By Distribution Channel |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Canned Seafood Market Revenues & Volume, By Foodservices, 2021-2031F |
6.2.3 Cyprus Canned Seafood Market Revenues & Volume, By Retail, 2021-2031F |
7 Cyprus Canned Seafood Market Import-Export Trade Statistics |
7.1 Cyprus Canned Seafood Market Export to Major Countries |
7.2 Cyprus Canned Seafood Market Imports from Major Countries |
8 Cyprus Canned Seafood Market Key Performance Indicators |
9 Cyprus Canned Seafood Market - Opportunity Assessment |
9.1 Cyprus Canned Seafood Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Cyprus Canned Seafood Market Opportunity Assessment, By Distribution Channel, 2021 & 2031F |
10 Cyprus Canned Seafood Market - Competitive Landscape |
10.1 Cyprus Canned Seafood Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Canned Seafood Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |