| Product Code: ETC4654093 | 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 saw a significant increase in the concentration of cast & forged import shipments, with top exporting countries being India, Italy, Greece, China, and Metropolitan France. The high Herfindahl-Hirschman Index (HHI) indicates a very concentrated market. Despite a strong compound annual growth rate (CAGR) of 20.47% from 2020 to 2024, there was a notable decline in growth rate from 2023 to 2024 at -15.35%. This suggests a shift in market dynamics and potential challenges for the industry in Cyprus.

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 Cast & Forged Market Overview |
3.1 Cyprus Country Macro Economic Indicators |
3.2 Cyprus Cast & Forged Market Revenues & Volume, 2021 & 2031F |
3.3 Cyprus Cast & Forged Market - Industry Life Cycle |
3.4 Cyprus Cast & Forged Market - Porter's Five Forces |
3.5 Cyprus Cast & Forged Market Revenues & Volume Share, By Product Types, 2021 & 2031F |
3.6 Cyprus Cast & Forged Market Revenues & Volume Share, By Activity Types, 2021 & 2031F |
3.7 Cyprus Cast & Forged Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Cyprus Cast & Forged Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Cyprus Cast & Forged Market Trends |
6 Cyprus Cast & Forged Market Segmentations |
6.1 Cyprus Cast & Forged Market, By Product Types |
6.1.1 Overview and Analysis |
6.1.2 Cyprus Cast & Forged Market Revenues & Volume, By Light Alloys, 2021-2031F |
6.1.3 Cyprus Cast & Forged Market Revenues & Volume, By Copper Alloys, 2021-2031F |
6.1.4 Cyprus Cast & Forged Market Revenues & Volume, By Iron Casting, 2021-2031F |
6.1.5 Cyprus Cast & Forged Market Revenues & Volume, By Steel Casting, 2021-2031F |
6.1.6 Cyprus Cast & Forged Market Revenues & Volume, By Miscellaneous, 2021-2031F |
6.2 Cyprus Cast & Forged Market, By Activity Types |
6.2.1 Overview and Analysis |
6.2.2 Cyprus Cast & Forged Market Revenues & Volume, By Closed Die Forging, 2021-2031F |
6.2.3 Cyprus Cast & Forged Market Revenues & Volume, By Open Die Forging, 2021-2031F |
6.2.4 Cyprus Cast & Forged Market Revenues & Volume, By Rolled Ring Forging, 2021-2031F |
6.2.5 Cyprus Cast & Forged Market Revenues & Volume, By Cold Forging, 2021-2031F |
6.2.6 Cyprus Cast & Forged Market Revenues & Volume, By Non-ferrous Closed Die Forging, 2021-2031F |
6.3 Cyprus Cast & Forged Market, By Applications |
6.3.1 Overview and Analysis |
6.3.2 Cyprus Cast & Forged Market Revenues & Volume, By Automotive, 2021-2031F |
6.3.3 Cyprus Cast & Forged Market Revenues & Volume, By Aerospace, 2021-2031F |
6.3.4 Cyprus Cast & Forged Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.3.5 Cyprus Cast & Forged Market Revenues & Volume, By Construction, 2021-2031F |
6.3.6 Cyprus Cast & Forged Market Revenues & Volume, By Agriculture, 2021-2031F |
6.3.7 Cyprus Cast & Forged Market Revenues & Volume, By Industrial, 2021-2031F |
7 Cyprus Cast & Forged Market Import-Export Trade Statistics |
7.1 Cyprus Cast & Forged Market Export to Major Countries |
7.2 Cyprus Cast & Forged Market Imports from Major Countries |
8 Cyprus Cast & Forged Market Key Performance Indicators |
9 Cyprus Cast & Forged Market - Opportunity Assessment |
9.1 Cyprus Cast & Forged Market Opportunity Assessment, By Product Types, 2021 & 2031F |
9.2 Cyprus Cast & Forged Market Opportunity Assessment, By Activity Types, 2021 & 2031F |
9.3 Cyprus Cast & Forged Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Cyprus Cast & Forged Market - Competitive Landscape |
10.1 Cyprus Cast & Forged Market Revenue Share, By Companies, 2024 |
10.2 Cyprus Cast & Forged 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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